I see you lurking and just wanted to say, Hello! Hope all is Buddy!
It is creating an early break to the upside. I see it split and closer to Tokyo open in one hour, if moves are usually critical. .95 and .00 are currently holding so I have adjusted the squeeze.
A consolidation is forming, where the range is getting tighter(squeezed)into a bigger range. Watch for a rest at, or close Tokyo open. These breaks are great to get 20-40 pips, occasionally more.
Glad to be of help Peter! I made out a bit early, but there was resistance built up close 143.25, so I figured 60 pips was a wonderful trade to start off the week. Hope this has been go for you!
Thanks Dad, for the tip this morning pre asia on the GBP/JPY EUR/JPY
Went long 142.55 and at 142.91. At the present time around lunch
time asia that the GBP/JPY is sitting just above the 200ema on the 15 min.
Im targeting the R2 Pivot around 143.85. Also long EUR/JPY 131.44.
Thanks to this thread I like it immensley.
Peter. .
Hi Buddy!
It was just fune. How about yours? Took my kids fishing and caught a Rainbow Trout. Had a nice time. Went on a little hike in the mountains yesterday, just this side (east) of Lake Tahoe. I was by myselfand started thinking about mountain lions and bears. Didn't have my gun , also got a little paranoid, and return to your vehicle! Hahaha Felt like something was watching me! Didn't help that there was a reported bigfoot sighting near here too! LOL
See you at the trade room later?
Take care,
Chuck
1 Attachment(S ) ) Hey Guys!
Just thought I would throw away what I'm watching right now.
Squeezes forming on the GBPJPY and the EURJPY.