I gave up on eur/usd. After trading gbp/jpy so long, it’s like watching paint dry.
Closed my shorts with some profit.
Currently in a gbp/jpy long on the 15 min TF, targeting the 800 SMA.
About even at the moment. If this position closes today I think I’ll
take tomorrow off. Had a very nice week.
That’s a great PT based on the triangle that came before it.
I’m SO tempted to get into the E/J short for its triangle breakout. I’ve been watching it all week. But I know my Friday trading stats suck…so I shall resist. UGGGHH.
It’s a good trade…it will be nice if it just plays out today. I don’t know how long I’d want to hold anything with the current whipsaw sentiment. The base of the descending triangle makes the PT around 107. Just above that would make sense to me.
Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at FXStreet.com and heads "The Human Element" a blog dedicated to trading psychology at ForexMotion.com
I gave up on eur/usd. After trading gbp/jpy so long, it’s like watching paint dry.
Closed my shorts with some profit.
Currently in a gbp/jpy long on the 15 min TF, targeting the 800 SMA.
About even at the moment. If this position closes today I think I’ll
take tomorrow off. Had a very nice week.
I know exactly what you mean!! I’m glad you had such a good week. Last week was like that for me. This week was a bit of wash, for me.
I took profit at very top of UJ, but did not see the big drop that followed… -:((
Well done on the long, though. Did you take profit on the Kiwi?
Just a little. Not a good week. Now short the GJ and it is back tracing on me…. SL 131.6 TP 101.5
TP on GJ 131.5
That’s a great PT based on the triangle that came before it.
I’m SO tempted to get into the E/J short for its triangle breakout. I’ve been watching it all week. But I know my Friday trading stats suck…so I shall resist. UGGGHH.
I am short GJ………… Anyone else short? Have thoughts on its direction?
Triffany, on your behalf, I shorted EJ and dedicate it toyou
wish me luck.
It’s a good trade…it will be nice if it just plays out today. I don’t know how long I’d want to hold anything with the current whipsaw sentiment. The base of the descending triangle makes the PT around 107. Just above that would make sense to me.
What’s your PT?
My EJ PT is 107.7