running pip count -23 pips on news trade. hedged, selling long side at 120.98
hedged out in diff acct. long at 120.78
Bears wont step in till significant levels are breached. (120). Bulls wont step in till they get a bargain, in the next 12 hrs, before US open.
buy on rumor sell on fact, price action seems like bulls already bought into it pre news. It has to draw in net bears, otherwiseit will be the...
system long signal ..currently
http://www.boj.or.jp/en/theme/seisaku/kettei/index.htm
Sell USDJPY @MKT TP 119.90 SL 121.10 Buy Stop 121.10 TP 121.50
Interest rate decision in 2.5 hrs. After the decision the probabilities of a rally in the usd.jpy are higher then a decline, a kneejerk reaction...
sell gbpusd @ market TP 1.9555 SL 1.9712
sell eurusd @ 129.29 TP 129.00 SL 129.60
covered at 120.70.
Sell order 120.80 TP 120.00 SL 121.80
Long GBP and EUR executed.
The key is US inflation numbers will close out the week, so Europeans and funds will postion in dollar bearish positions after running some dollar...
Momo building to downside. Going to step out of the way of the train and put better levels for entries.
Was hoping the tame data would fill my entry points. Lets see.
data will be tame
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