32 pips under water. I have a bad amateurish habit of trying to call reversals.

USD/JPY Discussion

Heard a couple things floating around. Q1 GDP may be have contracted more than thought of and retail Japanese traders are buying yen expecting a Nikkei top. Sold at 123.80. Good luck to all shorts on tomorrows data.

USD/JPY Discussion

Amazing charting, Skyhok. My hat is off to you. Very precient.

EUR/AUD

Yes, I think so Skyhok. When AUD/USD and EUR/USD fall to the dollar EUR/AUD goes up. US data has been lacking. The euro is looking supported and AUD is stable. Came across an interesting article on EUR/AUD. url So inflation is heating up in ...

EUR/AUD

The channel was looking good and then wow just a couple words from the ECB. They sound desparate to bring the euro down. The stock bubble is becoming ridiculous and it keeps going every London session when the euro sells off.

EUR/AUD

The ECB kind of killed that channel there with increasing quantitative easing over the summer and short term negative deposit rates. 1.4150 will be the new top. At least AUD has some kind of benchmark rate to attract capital inflows. The euro will ...

EUR/AUD

I'm certain though trading this pair for 3 years has not been a waste of time and has only made me better at trading other pairs like AUD/USD or EUR/USD. If you've wrestled with the best the others are easily conquered. I just do not like being ...

Dragon Riders GBP/JPY

LOL! HAHAHA! Worst pair ever! Strange surges out of nowhere. This cross is a joke. On micro account maybe but to make a living from it no way. Removed this hazard from my charts and will not be returning.

Dragon Riders GBP/JPY

This move may be just the stop hunt impulse before the sell at the big round number. Most likely there will be a EU deal with Greece tomorrow so maybe one more risk surge upward on the good news and that could be it. Could not resist, sold again at ...

Dragon Riders GBP/JPY

Yes looks to be a double top near 186, good move I think. Sterling seems to be weakening to the dollar right here at 1.55

Dragon Riders GBP/JPY

Loss of 110 pips. Better go back to trading things that make sense to me.

Dragon Riders GBP/JPY

Selling this rate here at 184.75

Dragon Riders GBP/JPY

Hey Ally, It was sheer luck that I closed my shorts hours before that price explosion. 68 pips so far shorting the euro. Think I will close it before the NFP. Will attempt to contain risk as much as I can from now. Selling Sterling now against the ...

Dragon Riders GBP/JPY

Closed the short from 183.77 @ 182.25 for 152 pips. Would have been so much better if I closed when the bond market had that swoon last night. Oh well cannot go back. took a short on EUR/USD from 1.1270. April's job numbers in the are supposed to ...

Dragon Riders GBP/JPY

Short from 183.77 and will stay in until I see otherwise.

Dragon Riders GBP/JPY

Looks like a great cross far away from the correlations of Wall St.

EUR/GBP Trading Room

This is the only pair I trade now because others, especially yen pairs are correlated with the DOW, FTSE and Nikkei 225. We should see an upswing in the coming days to 1.42.

EUR/AUD

What is NG? Natural Gas?

EUR/AUD

Yeah I'm out. I changed my mind a bunch this week as to what pair I would like to learn and it is NOT GBP/JPY. There were 11 data releases in the US all were pretty much negative. The S&P, DOW and NASDAQ are at record highs and GBP/JPY went right ...

Dragon Riders GBP/JPY

Yes, short. One of the common traits of this pair is that it stalls and can do so for 4 days even. Then there can be one more stop run push and then down. Let's have the goal becoming FOREX millionaires from this pair. It was an Abe advisor that ...

Dragon Riders GBP/JPY