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4:30 am July 26, 2012
| Mr.Rinaldi
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| Member | posts 86 |
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I am also calling it. It looks like the bulls won't give up the 78.00 level that easy.
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4:35 am July 26, 2012
| Master
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| Member | posts 90 |
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I think so, too. After the Draghi comments today I think we will move higher at least in the near term.
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5:51 am July 30, 2012
| Master
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| Member | posts 90 |
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It turned out that I was right. Too bad I didn't make any money out of this. I will be calling it again if we touch 78.00.
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6:25 am July 31, 2012
| Arbitrageur
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| Member | posts 97 |
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Me too, but not when we touch 78.00, but rather when we approach it. If I wait for the USDJPY to touch 78.00 I might enter in a position just when we are breaking the support.
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5:03 am August 1, 2012
| Master
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| Member | posts 90 |
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Today we will probably break out of the range we have been locked in in the past several days.
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7:29 am August 2, 2012
| Arbitrageur
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| Member | posts 97 |
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I think we will hold the 78.00 level. I am waiting for the currency pair to touch this level and I am calling.
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7:32 am August 2, 2012
| Master
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| Member | posts 90 |
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I think you are right. I am also calling, but I don't think we will touch 78.00, so I am calling at these levels before I miss the opportunity.
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7:42 am August 3, 2012
| Arbitrageur
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| Member | posts 97 |
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7:45 am August 3, 2012
| Master
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| Member | posts 90 |
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Yes, I did and managed to make some profit. I am glad that I waited for the Fed and the ECB before jumping in the market.
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11:20 am August 6, 2012
| Mr.Rinaldi
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| Member | posts 86 |
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We are approaching 78.00 again. I am thinking of calling it. What do you think guys?
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11:29 am August 6, 2012
| Arbitrageur
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| Member | posts 97 |
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I already called it. I don't want to miss another opportunity just because I have waited too much.
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10:39 am August 7, 2012
| Arbitrageur
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| Member | posts 97 |
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This time I was not overly cautious and I made some money. If we approach 78.00 again I am calling once again.
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10:43 am August 7, 2012
| Master
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| Member | posts 90 |
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Good for you Arbitrageur. I also made some money on long side. I think of putting it now as we seem to be moving in a range.
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11:00 am August 8, 2012
| Mr.Rinaldi
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| Member | posts 86 |
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This time I also got on the horse. I called around 78.30 and I am sitting on some pretty decent gains now.
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11:32 am August 9, 2012
| Mr.Rinaldi
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| Member | posts 86 |
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The lower band of the range seems to be moving up, so we have to be more aggressive if we want to make money.
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11:27 am August 10, 2012
| Arbitrageur
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| Member | posts 97 |
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This time we might break the support at 78.00. I think the bottom-picking strategy won't be profitable anymore.
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12:57 pm August 16, 2012
| Mr.Rinaldi
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| Member | posts 86 |
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Finally some directional move. Do you thing the rally will continue?
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12:59 pm August 16, 2012
| Master
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| Member | posts 90 |
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I think the rally will continue. I see the USDJPY trading above 80.00 soon.
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12:02 pm August 17, 2012
| Master
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| Member | posts 90 |
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I am calling it on the way up, so far I am sitting on some very decent winnings.
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8:21 am September 12, 2012
| Arbitrageur
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| Member | posts 97 |
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I think we have finally reached a bottom, so I am going long despite the quantitative easing program expected to be announced on Thursday
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