NVP
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mornin all..............
US30 ranged overnight........my moneys on a rise again now
the tag team are already triple zero sells and its probably the Eurotribe (EUR/GBP) that look like the buys coming......:smart:
hey........your call
N
Thanks for reply. Currently I'm working on my own indicator for MetaTrader 5 which has the same ideas but different algorithm. Source attached so anyone can try it.
I see Dominics finally confessed to the his Sell Yen call a while back
predictions are for fairgrounds and racecourses .....trade what you see (using a robust system and good money mangement) and you will always make money
N
http://www.moneyweek.com/investment...r&utm_medium=email&utm_campaign=Money+Morning
Now that could be a perfect contra-indicator! Expect another BoJ job! A BANZAI that puts huge candle on the yen charts. The Japanese are essentially a war-like people and I can't see them taking this lying down.
Plus of course over the long term, central bank intervention is massively profitable.
They only other option they have is just to sit there and do nothing. Perhaps they will.
I don't know why I'm trying to convince anyone - my system's are short the yen at the moment!
Hey mate !
Ouch to that......shes under pressure to rise on lower TF's as US30 is falling currently
N
I was talking from the hip again - in actual fact I am long GBPJPY and long USDJPY but short EURJPY - or at least I was when I last looked. It would be better to say I'm getting whipsawed.
[EDIT: at least with less leverage than last week - I downgraded my lot size 50% due to the rollercoaster nature of my equity swings.]