LONG USDJPY!!

[xspowerx]

I don't usually post calls but I believe this one is a big-time bagger soon... possibly by the end of the week. So lets watch in unison.

Long USDJPY: 114.91
Stop: 114.75
Expecting: 116.50/117.00

[wolf825]

Originally Posted by xspowerx

I don't usually post calls but I believe this one is a big-time bagger soon... possibly by the end of the week. So lets watch in unison.

Long USDJPY: 114.91
Stop: 114.75
Expecting: 116.50/117.00

Interesting... I am lookin at the weekly and Daily and thinkin just the opposite...with a goal of 113.50 area. Guess we'll see which one of us is right if the dollar can hold up...

Best of luck to ya on the trade my friend.. Now that I posted my thoughts it will probably work in your favor...

-w

[RPM]

i wouldnt touch the USD right now......

[TheKPro]

looks like u got stopped out xp ..

US/JPY 114.18 114.22

[xspowerx]

Guys didn't get around to posting it but in the last 48 hours i booked half profits and move stop-loss to break even and got stopped out on that remaining position.. so came out with a small gain.

Wolf, your right, this is the 2nd time I made a play like this. Today I did the same thing as a I did a couple of days ago except I got stopped out at -15 pips. USD's are in a strong decline. I think this is the recession period for when we saw a strong upside between Sept - Dec.

- S Power

[wolf825]

Originally Posted by xspowerx

Guys didn't get around to posting it but in the last 48 hours i booked half profits and move stop-loss to break even and got stopped out on that remaining position.. so came out with a small gain.

Wolf, your right, this is the 2nd time I made a play like this. Today I did the same thing as a I did a couple of days ago except I got stopped out at -15 pips. USD's are in a strong decline. I think this is the recession period for when we saw a strong upside between Sept - Dec.

- S Power

Hey my friend...glad you were able to get some pips out of it. FWIW I saw what you were seeing for the Long call on the intraday charts---but the Weekly and Daily were screaming hard downfall. I plucked lots-o-pips on this with multi-Lots--thanks in part to Scary Bernanke today..

I agree I dont' think we are quite done yet on the dollar decline...GDP tomorrow and NFP coming up soon...could shed some more light on things.. Also have some YEN news out tonite--keep an eye on it...
-w

[wolf825]

Down to near where I called for the low at 113.63...

GREAT week for pips...

-w

[xspowerx]

Originally Posted by wolf825

Hey my friend...glad you were able to get some pips out of it. FWIW I saw what you were seeing for the Long call on the intraday charts---but the Weekly and Daily were screaming hard downfall. I plucked lots-o-pips on this with multi-Lots--thanks in part to Scary Bernanke today..

I agree I dont' think we are quite done yet on the dollar decline...GDP tomorrow and NFP coming up soon...could shed some more light on things.. Also have some YEN news out tonite--keep an eye on it...
-w

Acually I was looking at daily for a reversal up to the 116 then keep going down... sort of like an oversold situation. if you look in the past probability factors show this but if you look at the weekly then you are correct sir! It was screaming dive dive dive... didn't catch that!

Glad to see your maken some descent cash!

-S Power