alutacontinua wrote:alutacontinua wrote:alutacontinua wrote:Looks like there is some defence coming in on the 105.00 barrier on $Yen......Looking to go long for a quick 50 pips (TP 105.50) once barrier is broken if ISM data is strong.
Long @104.97 SL @104. 87 and TP 105.47
Might adjust TP to 105.40 due to noted Japanese offers at 105.40
Stopped out at 105.27 for a R:R of 1:3

Stops above the 105.50 barrier are looking juicy tho
Abe's reshuffled cabinet & tomorrows BOJ conference now in focus with the success of Abenomics dependent on JPY weakness and Nikkei gains (closed today for +0.38%). GPIF may also come to light tomorrow.
Waking up to find the 105.50 barrier taken out and some.....a moment of silence as somewhere in the world someone just lost 1-3 yards

Shoulda/woulda/coulda stayed in the trade longer to target those stops above the barrier bt i live for another day. USD bulls are firmly in the driving seat should be interesting to see how $JPY reacts if NFP delivers today
You dont have to be great to START but you have to start to be GREAT!!!!!!!!