i think they started new round of carry trade on ej.
got 7 sells and 7 buys now. may start to close profitable sells positions manually while it is choppy.
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i think they started new round of carry trade on ej.
got 7 sells and 7 buys now. may start to close profitable sells positions manually while it is choppy.
Thanks for sharing your chart and positions, it's interesting seeing how others trade. I'm not trading atm, going to get stuck back into it in the new year, cheers
BUY on RED (MAJOR) / GRAY (MINOR) : possible BOTTOM
SELL on GREEN (MAJOR) / BLUE (MINOR) : possible TOP
Happy New year to all.
Which indicator is this you are using please.
Hope you have a prosperous New year
Almost every pair went crazy...so went spreads. Mostly JPY pairs and also GBP. ...Happy new year
ej free fall from 123.5 to 118.8, close to 500pips this morning...surely plenty accounts are dead this morning.
Price action on the H4 time frame is disposed northwards, respecting a minor ascending trendline (blue). Technically, the move appears to be corrective in nature. A break of the ascending trendline (blue) by price action on a 4-hourly basis plus its retest producing a bearish setup is likely to provide a feasible sell trading opportunity. On a short-term basis, bulls are favoured to control price action, but on a medium-term basis, bears are technically favoured.
the move was against AUD and JPY, and it happen during Asian session.
AUD went really down ,and JPY went really high.
So AUD buy orders are eliminated and JPY sell orders as well
You try to figure out the rest. We can only guess
TP 2 124.313, mostly because I also had 2 UJ shorts but they turned and I wanted to max profit
im in the same trade, im only targeting 128.3 though...i have a bullish long term bias for now.