Lord Flasheart
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have added in to eur/jpy at 114 94 s/l 20
Have set to take 1/2 off at 114.60
my stop is 115.30. Im already ahead in trade,but if stop is taken out it will wipe all the days profits and more. As Ive said earlier I cant see this line been broken to the upside.it would be nice if it broke to the downside for me.
off out till later,good luck all
Have re sold at 115.33 s/ 15. If it breaks thi sthen line truely has broken.Its worth the extra 15 pips to find out.
need this to tank downwards for me and for this line and pivot to hold
Volitility in the fx market has really sunk to a low over the past year with the exception of the Greece fiasco earlier this year. Day trading is difficult when there IS movement, but darn near impossible when there is NO movement. Average daily range of usdjpy over just the past 2 weeks has been disgustingly tight. The difference between the high and low over the past 14 trading days is 300 pips. The average daily range for the same period is around 60 pips/day. No wonder it's so quiet in here.
Peter
Pete,I wonder if an equities crash, propelled by your mid term results, may in fact cause the ripples we need to thrive off?
On swings, based on a rough calc (I havn't done it to any scientifc degree), there's been roughly half the pippage available vis a vis this time last year..and I should have been getting better at this..
Perhaps we just have to accept it is what it is and be v. quick to change, adapt, fight to get those pips...? I dunno...?