I have to admit though, the USD/JPY short was too premature. I can't trade a breakout at this time of the day.... so I'm closing a bit of it at a 0.064 % loss + widen the stops to 102.22/37
Clear to the majority of traders. Remember what legendary trader Bernard Baruch said: "The main purpose of the market is to make fools of as many men as possible"
On the topic of great quotes, here's the reason why I'm very greedy right now: Be fearful when others are greedy, be greedy when others are fearful (i.e. the yen shorts) -> Warren Buffet
Nice call did you have a target posted or did I miss it? I am actually still short from several days ago looking for 0.9000 zone. Sorry, I know it's not a live call technically, but I just noticed this thread.
Yes, depending on how you draw the trendline (off of which highs). Only thing worrying here is Wheeler's recent comments about high-valued NZD. But who cares, a hedge is a hedge, and will let me sleep tonight better.