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Vermillion replied Jan 28, 2015There was a universal pulldown on the USD in all currency pairs 2-3 hours ago. I dunno what caused it, but it was enough to derail the usual markets.
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 28, 2015Retesting trend support line. Let's see if it bounces or falls down.
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 27, 2015I mean relatively speaking. I consider this to be "sooner" than the previous hours on this pair.
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 27, 2015We have an ascending triangle on the 30min chart, resistance at 179.30 +/- 10 pips. It's going to blow soon; the only question being up or down.
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 27, 2015Key point right now is 179. If price stays above 179, look for retest of previous daily high and beyond. If price falls below 179, we resume the downward trendzone shown on the 15 min chart, leading to another retest of 178.80, with a error margin ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 27, 2015Possibly. But I get the feeling that it'll try to retest the lower areas at least before moving back up; that seems to be the trend for the past 36 hours. Specifically, I'm eyeing the area around 178.20 +/- 30 pips (177.90~178.50), with the center ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 27, 2015Bah. I'm also short on this as well, at least to scalp the small bounce below before heading to 179.55 (if that happens) I'm a bit worried about further movement down though; the previous movement down from 179 was a long drawn fight between bulls ...
EURUSD
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Vermillion replied Jan 27, 2015For me, not really. There's snow, and that's about it. For some strange reason though, everyone's stocking up on bottled water, bread (especially this), and for some even stranger reason, nutella. At least in my university. Don't ask. It's also not ...
EURUSD
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Vermillion replied Jan 27, 2015Not surprised. I live in New York, and I can say that this weather us feel like doing nothing. Blegh.
EURUSD
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Vermillion replied Jan 27, 2015Took early profit at 178.20 before the U.k. GDP news. GDP also happened to turn out negative and briefly went below 178,, but the charts seem to be ignoring it. All in all, it was a good move for me to leave early.
Dragon Riders GBP/JPY
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Vermillion replied Jan 27, 2015220 EMA....you referring to 175.70 area (+/- a few dozen pips)? Because that's what I got. Unfortunately, I don't use ema too often, so I could very well be wrong. And on that note, I'm thinking about TPing right at 175.70 and loading shorts a bit ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 27, 2015Where do you see it falling to? My bets are in favor of bears, with initial target support to be at 177. Honestly though, my indicators and systems point out that we'll have "support" areas that will be given respect/acknowledged at every 50 pips or ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion replied Jan 26, 2015Price action is very weird around 178.355~178.60. I'm probably going to close all positions soon and just wait for a more actionable opportunity. This is just crazy. Does anyone else think the price movements are a bit weird right now (for the past ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 26, 2015Lol, that'll take at least the better part of a month. Much better to ride the current trend.
Dragon Riders GBP/JPY
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Vermillion replied Jan 26, 2015Both the yen and the euro have been crazy as of late. Currently running a short with tight SL.
USD/JPY Discussion
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Vermillion replied Jan 26, 2015It's also possible to retest 179~179.550 before starting the corrective movement down from this bullish run. I recommend adjusting SL AT OR BEFORE 179, since 179 will be a point of contention for bears & bulls. And if you want to see overbought, ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 26, 2015It's a bit complicated. There's recent news by Switzerland that the Swiss National Bank is trying to intervene and lower the strength of the swiss franc to help exporters. (swiss exports tend to be built using swiss francs but sold in euros, so ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 26, 2015Not long before, but I closed by shorts early and added longs. Still didn't get as much as I should have, but that's my fault for shorting prior. Oh, and people should look at the eur/chf; it's being completely bought out to extremely overbought ...
Dragon Riders GBP/JPY
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Vermillion replied Jan 26, 2015I'm going to break the status quo (by talking about the currency par eur/chf instead of discussing FXCM, so bear that in mind. The eur/chf has risen nearly 400pips today, most likely due to rumors of the SNB intervention (I still have yet to hear an ...
EUR/CHF
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Vermillion replied Jan 26, 2015Well, first off, I never thought the EZ was the safe haven of earth. As for my sentiments, it's just that we have far too many resistances in place in lieu of Europe's financial crises. I wouldn't be surprised to see the eur/usd hit above 1.130, ...
EURUSD