selling some of my swing trade on JY(yen) that was posted on here about 2 weeks ago. taking about 350 pips of profit traded with a 30 pip stop. Still holding for a new bull market to develop on this trade though. Next target is about 700 pips higher just taking some off and moving up my stop so I can let it ride comfortably. B1 you still long this baby?
Remain long 75 from ~62. Includes the gains on the 25-lot sold at 82. Expecting a touch of 1500 this week.
Interesting that at about 1345 ET, the character of this advance changed from one of running buy stops to a plodding, orderly upward grind. Latter is much healthier and sustainable, and there's a fair chance it can continue into the close.
nice job Atty......& glad to see you posting here again. nice fib confluenece sitting between 84/87 as R 77/79 just before that ...
as expected... after stopped out the market grinded higher all day... this could be a pretty signifcant low... we needed to get down to 1430 for increased odds of more downside which they could not do. Next stop 1484, then most likely 1500-1503.
Running buy stops again. EDIT: At 1478, time for a pause to refresh. Still hoping for >80 by EOD (and maybe 13,300 DJIA).
78.50 was prior swing hi before the fall.............next leg is 84/87 if we can get there today or tomorrow.