Yen is bonded until USDJPY moves out of the 98-99 range. Nice easy short from 128.60 to 128.30 EURJPY - small targeting for now. Hehe, seems like 98.50 is still a sore point.
Wow e/j is falling out of bed tonight. There have been a couple massive spikes already. It mentioned yesterday some big downside potential seemed to be forming on the daily charts. But hell, that's kind of a Mickey Mouse call, everything seems to be biased down these days. LOL Let's see if it will continue. Recently Friday has been really crazy for stocks. Huge moves. Good trading everybody.
I dont know what it is. I cannot get anything going in this crap. I tell myself I'll stay out, and I do for a few days. Then I come back in and I can't get anything going. I win one, lose two. Win two, lose on. It's going nowhere and it's royally pissing me off.
Ivan, man I have been the same way. Last night and the night before was a trader's living hell. I was getting chewed up left and right. Luckily I have been on the right side of some of these huge moves so I am still way ahead, but it still pisses me off to be getting beat up so bad with the choppiness. It drives me nuts. Well, just so you know you aren't the only one. I was wondering what the hell was wrong with me there for a little bit until you said it was happening to you as well. I just dropped my size and widened my stops. It has helped significantly.
Here's BNP Paribas' Hans-Guenter Redeker from this morning.... ~ <object width="425" height="350"> <param name="movie" value="http://www.youtube.com/v/_zbEJfYJ29E"> </param> <embed src="http://www.youtube.com/v/_zbEJfYJ29E" type="application/x-shockwave-flash" width="425" height="350"> </embed> </object>
Welcome He's calling for 1.24 on Cable, OMG, but the thing is he's right more often than wrong, it will be interesting to see how that one pans out!
Grrrrr, Oanda dicking around with prices today, I'm still in trades that I'm out of on CMC, plus their spreads are stooopid and suck......lol, I think it's gonna be one of those days! ~