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Posts by "givemethebill"
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6 Posts by Anonymous "givemethebill":
Thinking full time trading April onwards to see if tis for me hold truest. Finally, Happy new year to all! See u on the other side of year start. Am leaving small shorts open AUD/USD from 1.0255 with TP 1.0161. with expectation 20 & 200 SMA intersecting ard 1.0186 for a new downward trend. Lately, I am out of EUR jinx...
As you've seen for the past few weeks, you'll notice 3-4 spikes i think they are quietly making calming the yen. as u can see for the past 1 mth, support level is up from 76.28 to 76.42 to 76.69 and now 77.02 .. hopefully this gives a good indication. You may say because this is partly due to the strengthening of USD (which is true also).
in simple reality, we're already nearing a HISTORIC low of yen. It's quite obvious whether u want to be on short side of the boat worrying being knocked down whenever CB acts or the long side of the boat to ride the long awaited. Scalping does help too but overall keep the long readily available.