GBP/JPY Trading 2008

Seems like a good TP. Heavy support @ 209.50.

Manually closed my long @ 211.31.

Shut down the ATS and went old school - manually short at around 8:30am est @ 210.62.

ST @ 211.08 - TP @ 209.64. I'll babysit it until Consumer Sentiment at 10am.

 

Stop moved to BE +5

 

I like the short down to 208.76, so adjust for your spreads as necessary. I am short from 210.66 which i took during Asia last night. Of course, it's only 100k units so I dont have incentive to post hindsight miracles.

Great thread everyone, let's keep it up.

 

Sold 50k more at 209.92, same target.

 

I expect consumer sentiment to be dire too. However, if it surprises, then its just another selling opportunity at a higher price.

 

I am probably going to hold this short over the weekend, so for my own record I am pulling exits at this point. I do expect that 208.76 to hit today, though.

 

sentiment up? they're talking to the wrong people.

 

Yes, impossible. I closed out at 210.08 to give +42pips on recent & +197pips on yesterdays half. Just not confident here. Think we'll just range for the time being.

 

Sold more @ 210.39 based on the short term failure to take out 210.50. Close stop

 

I like it! Congestion range so far, let's see if it takes out the lows.