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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:

JPY

Discuss JPY
 
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Ashraf Laidi
London, UK
Posts: 0
13 years ago
Jul 27, 2011 7:33
Tuesday's USDJPY Premium trade has hit part of the limit range

USDJPY (New)

Short USDJPY between 78.20-78.60 for limit between 77.50-77.90, stop at 79.10.


LATEST TRADES ON EURUSD, EURGBP, USDJPY, Gold, Silver, S&P500 found here:
http://ashraflaidi.com/products/sub01/access/?a=462

NON-SUBSCRIBERS:http://ashraflaidi.com/products/sub01/

Ashraf
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jul 27, 2011 5:47
and what a set of stake knifes too:-)
Nor
Lemberg, Canada
Posts: 249
13 years ago
Jul 27, 2011 1:59
new low and boj is missing!
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jul 27, 2011 1:37
yen longs a little to complacent?.. bullish diverging cci signals.. a short squeeze play perhaps?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 17, 2011 21:37
I don't know why he doesn't just show his trading account for all closed positions and update every day. That would be a better marketing tool if his trading is going well than tantalising his audience with vague comments. Most signal services publish their results without giving away current open positions. No problemo.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 17, 2011 21:30
I dunno Jacek, he been posting 2 directional trades for the eu. depends what we call scalping, there was a time not so long ago when AL contemptuously scoffed at 400 pip drawdowns :-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jul 17, 2011 21:09
AL scalping Dave!? thats misnomer.. AL doesn't seem to be taking quick nor small bidirectional profits.. pure swing trading but yes more short term these days..

DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 17, 2011 18:19
and re JPY whilst BOS lost loads of money trying to prop chf the last thing I heard of note from BOJ was a claim for international cooperation to support their currency plays if required ??? That was in the midst of their earthquake hit.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 17, 2011 18:14
Subs, I think AL is mainly scalp trading these days ??? That's the general impression I get, shortish term swings ??? and day trading scalps ???

What historic data supplier do you use ?
subway90
Posts: 1078
13 years ago
Jul 17, 2011 13:17
Jacek....

when i mentioned 70.... i never meant it would drop in straight line to that level....
from 101.44 level.... it has been continuous downwave.... a clear channel has been formed and maybe we can play that channel.. if YEN manages to break above 81.50... we could probably see more recovery to 86.50/87 first.... but we could just drfit lower and break into new lows...

i'm trying to say... this channel will likely be in play and see continuation down to 70.... this aligns with the very long term support channel dating back quite sometime(check monthly and yearly)...

i don't know how AL exactly stated his view... but i'm just agreeing with his target of 70 for current wave from 101.44... unless we see clear break above that upper channel resistance...
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