Someone wake Buggalugs and T.I. up , I can see light coming from 111's windows , we just have to mug the 110.8 resistance . Positive crossing fingers crossed . If no up tick ( 110.7 ) lines will opp . cross again .........
Like what your saying cobber , just gamed a long at 110.95+ , may have hit the wickets if you hadn't popped in , made me check on it again , to busy cracking up in some of the threads .
Lot of turbulence around all the 1's , smells of protectionism , but it's cracked all the codes so far in its run .
The ranging has caused quite a flurry of activity across the other JPY crosses .
I pulled all of them out after profit and expected stall rev. even if neglb. . Resetting at systematic buyins . hard to set the lims and stops on each entery quick enough . Getting ready for first pounce , p'f off wasn't quick enough to catch the rev pips
I've spent a couple of hours scalping 10/20and 30 odd pips , very thin trading and there's someone who needs to be there defending , all might change in the US session ( expecting a bit of a sell off actually ) , but it's hard work so far .
Well after numbing my fingers and trashing the keyboard the swings to pos have yielded 111.35 and change ........
Whilst i know there is a call for a sell if fails @ 111.30 the bobbing around there for a tad will do , in fact I may look for a dip spot to add and see if we can muscle past res. to 111.75s with an eye on whipping 112.05 eventually in the coming moves ahead .
I ended up in at 111.121/3 for the run , did a set and forget too , first sign post has been sideswiped , currently bouncing around it ..... could be shock a few options have been attacked along the way , protection of position seems futile in the market at present though , they seem to be throwing money in at the defence of their positions .
so 111.35 has been slapped , next target areas for me are 111.5 /111.75 & 112.05 . lets see how much get's thrown into the ring on these pushes .
Placed a new set of longs starting at the 111.32 stoush line , with a very tight stop , have a pinger waiting @ 111.311 , I don't think it will get hit , if it does it will need a nice spurt as its a largish pozzie .
Yep everytime I do that it gets attacked ........ but what I have in my mind is that if 111.75/6/7 is hit and pushed through , it would see the inverted H&S sideswiped ......... so much so I am setting up a box entry @ the bashing of the last poz.