Pleaeaeaease tell me some of you took the GBPJPY – what a perfect setup and trigger!!
If you’re interested….it looks like the E/U has used some divergence to retrace to 1.35 and is creating a bounce. I don’t usually trade on Thursday, but if I will probably take this trade if the current candle closes below 1.3480.
I’ll be in touch on the blog as much as I can today. I hope you’ll do the same.
Be good to you!
Triffany
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 Want to know more? She was recently profiled in "FXStreet.com's Women in Forex" Series.
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I’m in.
I took the GBPJPY and EURJPY PT 133.50 and 118.10 … sound good ? are you going for less ? … Pleaeaeaease tell me some of you took the USDCAD
IF I had taken the G/J I’d have 135 as my next PT. 119.25 for the E/J. Though I see your profit target spots and I think they’re good. I just like to take profit along the way.
I did NOT take the U/CAD – arg! Did you?!
anyone interested in audjpy long?
Yes i took the USDCAD just as it was hitting around the TL from yesterdays picture, I did not want to risk a super bad risk/reward on this pair, cos in general i hate it, but it was an opportunity for a pro USD trade that i did not want to miss … temp PT is around 1.0950 (just below 1.1) i hope this thing bought plane tickets !!!
Sorry Jerry, I’m only looking at the 4HR charts, you must be looking at 5min or less for the pull back, but at the moment the USD is strengthening across the board including against the AUDJPY at the moment is hanging around support at 78.30, a break below that could see 77.50
Question is not: what you did? hurray
The question is what is interesting from here? on the 4 hour.
If I saw a nice long shadow off of the secondary low at 78.20 I might consider taking a tight trade on the retracement, but I think this could get as low as 77 after that retracement.