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    • Vermillion replied Mar 11, 2015

      bought the bounce back up; I'm hoping to see a retest of 183.40. image Also looking to long the NZD; it's fall following the NFP was a bit too large for my tastes, and given that it's performing moderately better in terms of events than the euro ...

      Dragon Riders GBP/JPY
    • Vermillion replied Mar 11, 2015

      Get ready for a potential spike up for the eur/usd within the next week or so. The eur/usd is getting sold massively as of late, and while it's inevitable, the rate at which it's falling makes me VERY cautious about shorting right now. You don't ...

      EURUSD
    • Vermillion replied Mar 11, 2015

      Yen pairs shouldn't be affected off their current ongoing trend. If Europe had a major event that'd be a intraday trend changer, we'd see something far more significant. Consider how price is still hovering above 182.80, it'll be difficult for bears ...

      Dragon Riders GBP/JPY
    • Vermillion replied Mar 11, 2015

      A bit of both. We recently had a speech from Draghi: apparently, the ECP expanded tools to meet policy mandate. Probably won't be a negation for bulls, though. We've yet to test the 183.250 (which also happens to be the bullish trendline I've been ...

      Dragon Riders GBP/JPY
    • Vermillion replied Mar 10, 2015

      Rule #1 of trading: Always assume the worst case scenario. Rule #2 of trading: Intuition is more than gut feeling; it is the subconscious culmination of all your trading experience. I'm tempted to be cynical, but rule #2 prevents me from doing so. ...

      Dragon Riders GBP/JPY
    • Vermillion replied Mar 10, 2015

      Not quite; still have to overcome 182.80 & 183.10/00. If 183 is positive though, I'll gun for 184 as optimal initial profit taking zone (with a eye for 183.60). On the plus side.....my gut seems to be right! I guess it deserves another well earned ...

      Dragon Riders GBP/JPY
    • Vermillion replied Mar 10, 2015

      That might actually work, you know. Price seems to be retesting 182.40/30; let's see if it holds Currently busy eyeing the eur/usd to spike up. That thing WILL spike at least once between now and summer, when the QE starts to kick in full ...

      Dragon Riders GBP/JPY
    • Vermillion replied Mar 10, 2015

      Charts & current price movement looks to be bearish....for some inexplicable reason, I decided to keep my longs. I don't feel too confident though-SL is pretty tight now. Still don't understand why I get a small gut feeling to keep it. At any rate, ...

      Dragon Riders GBP/JPY
    • Vermillion commented Mar 10, 2015

      How low can we go...parity~0.95-ish before we get a huge bounce. Honestly though, it'll be tough to keep going low without correcting upwards by this summer, since by then QE will have hit Europe fully, causing a temporary revitalization of their ...

      EURUSD: How Low Can You Go?
    • Vermillion replied Mar 10, 2015

      Almost down to the pip. Price got rejected almost exactly at 182.65. I'll probably add more longs if 183.10 seems positive. Trading both a tournament account & my personal one can get hectic, especially when you're trading them all in the GJ. I'm ...

      Dragon Riders GBP/JPY