Morning all! New position opened: Long EUR/JPY at 121.10 Fundamentally, I am bearish USD but at the same time even more bearish JPY So whilst I looking to long USD/JPY as well (still in my U/J since last evening), I see the EUR/JPY as a better play ...

Trading with Luke

No classical long flags yet, but a sign of potential buyer urgency at an interesting level, so a chance to take a long punt with a very small stop loss

USD/JPY Discussion

Hello! I am in a long punt on the dollar/yen Been busy with puffer fish issues this week so trading less

USD/JPY Discussion

Hello. Entered into a long punt on USD/JPY at 106.80 I also just closed my UCAD long for a gain of 204 pips Chart with U/J long on 4-hour timeframe

Trading with Luke

Hello everyone! I haven't traded much this week. So far : - Got stopped out on my GBP shorts 2 days ago, losing 83 pips across 2 positions. I didn't have time to track markets as regularly as usual, so I didn't try to re-enter short - I continued to ...

Trading with Luke

One new position: have just gone long UCAD @ 1.3403 The decline of the past few days has left alot of areas upstairs were stop loss orders could be hunted. Would be nice to participate in such a stop hunt

Trading with Luke

Hello everyone! Happy new trading week! Update on my positions: USD/CAD: Last week I got stopped out of my UCAD long @1.3500 when price crashed bellow 1.3450. Lost 52 pips on that punt (god I hate UCAD) GBP/USD: Still short as per above post. ...

Trading with Luke

Yes, if you see the same set up as in a prior decline/rise form the same level, then it is more likely a trap, not a signal that the same action will repeat itself. Atm, after the 200pip spike up from 107, I have no opinion on what's next here. If I ...

USD/JPY Discussion

Update time! - Still long USD @ 1.3500, price hasn't moved much and is still crawling around those levels - New sell stop order on FTSE100, to be activated on a decline below today's open - Short GBP/USD

Trading with Luke

We have cleared the double top at 1.2650 Took just under a month for the scenario to play out. But will it ble...I mean will it now drop? Come on cable! Time to stop giving USD a beating, lol

Cable Update (GBPUSD)

Yes it might well spike, given the picture on other pairs

Cable Update (GBPUSD)

Forgot to update thread on this short FTSE100 punt @ 6168: I got stopped out when the price reversed and took out the high May 28th. Loss of 70 pips!

Trading with Luke

Hello! Updates on trades: Closed my USD/JPY long from May 29th. Profit of 203 pips Closed my EUR/GBP short from 0.8977 just now, at 0.8948, for a paltry 29 pips profit Still long USDCAD @ 1.3500 Entered short on GBP/USD @ 1.2568 charts of USD/JPY ...

Trading with Luke

Yarr! teh predatory puffer fish is back on teh cable but this time short. At the end of yesterday's NY session we broke the low of a 4h candle again, after having down the same thing earlier, during early London session, so I shorted on that second ...

Cable Update (GBPUSD)

Hmm, this is more of what I was seeing. You had the tight yellow range, part of the narrow range we 've been seeing for the last several days, and the bigger context was my "deja-vu"/history rhymes expectation that there would be a spike UP from ...

USD/JPY Discussion

I'm now out of my long taken @107 on May 29th, for just over 200 pipperonies Let's see what the mad Yen wants to do next!

USD/JPY Discussion

Are we rhyming? May 29th? June 4rth

USD/JPY Discussion

Maybe. Maybe it still visits the last feeding grounds: the double top of 1.2650 But puffer fish are easily scared. When they start feeling very confident is when they start getting paranoid they're wrong Today has a bit of that March 9th ...

Cable Update (GBPUSD)

Punts still open as of now: new long UCAD Short EURGBP long USD.JPY

Trading with Luke

Closed this GBP/JPY punt from last Friday the 29th as well, originally posted here. Bit over 300 pips from that one. Keeping my puffer fish well-fed

Cable Update (GBPUSD)