Comments on: Finding the trade most likely to stuff the most people https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/ The Professional Source Fri, 02 Nov 2012 07:07:30 +0000 hourly 1 By: Sean Lee https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2886 Fri, 02 Nov 2012 07:07:30 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2886 Agree on this Iridium, excellent risk-reward for sure++

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By: Iridium https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2885 Fri, 02 Nov 2012 07:00:48 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2885 Sorry that table was for yesterday. This one is for today:

http://www.chifbaw.com/en/wp-content/uploads/2012/11/PROB021112.jpg

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By: Iridium https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2883 Fri, 02 Nov 2012 06:48:10 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2883 I definitely agree with the approach (“adapt!”). I call it the Remora trading technique (more correct would be “Pilot Fish” trading technique but it doesn’t sound :-)) since it is about following the sharks.

http://www.youtube.com/watch?v=e4xrdeagyYM

Btw, regarding the USDJPY, my math models suggests it is a good opportunity to short on further moves up. Probably today a good entry would somewhere around 80.60 with very tight SL.

http://www.chifbaw.com/en/wp-content/uploads/2012/11/PROB011112.jpg

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By: pandu https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2863 Fri, 02 Nov 2012 02:49:19 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2863 In the big picture the UJ has definitely started turning. But trading UJ needs loads of patience. It’s like a behemoth ship turning – it will take months before the turn becomes fully clear. In the meantime, we will surely see big moves down. A correction might go down to 78.50, but must stay above 77.20 / 77.80. I will be waiting to catch the correction and then the resumption in the trend.

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By: fxgai https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2862 Fri, 02 Nov 2012 02:46:21 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2862 Me too Sean, bond market all the way. Big event risk later tonight favours a pullback too IMO. (I hardly ever have time for intraday trading these days though so that’s why I’m looking for longer term moves, and thus hard to ever want to buy yen!)

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By: Sean Lee https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2860 Fri, 02 Nov 2012 01:30:40 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2860 I’ll back the bond market in this fight fxgai, simply because the fx market can’t decide what it wants to do. I’m really not sure either way, but I’m just saying that the risk-reward is nice at these levels imho

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By: fxgai https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2859 Fri, 02 Nov 2012 00:55:24 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2859 I like the idea too, but then I am itching to increase my long term long possie on a dip rather than looking for a short term play. In favour of a correction is that US treasury yields have hardly gone anywhere and they are way lower than earlier in the year when USD/JPY rallied to 84. I have no clues when it will fall off a little cliff, but I reckon we’ll see the 79s again soon enough. I don’t think USD/JPY can go much higher unless the FX market is right and the bond market is wrong.

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By: majimaji https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2856 Thu, 01 Nov 2012 22:49:54 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2856 what about that head and shoulder pattern on eurusd 1hr? we also had sovereigns selling top

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By: Sean Lee https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2854 Thu, 01 Nov 2012 22:43:39 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2854 Too clever Kirill, but how can I enter the mkt where my s/l level is 🙂 You’re probably 100% correct though

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By: Sean Lee https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2853 Thu, 01 Nov 2012 22:42:49 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2853 Morning Maji, still hearing that downside is more heavily populated with plenty of Sovereign interest. No info yet on what big levels might be today

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By: Mika Hakkinen https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2852 Thu, 01 Nov 2012 22:38:11 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2852 long EUR/USD below 1.29 would be a nice trade up to 1.305.

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By: Kirill https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2851 Thu, 01 Nov 2012 22:31:06 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2851 I like the idea, but given all the stop loss talk I would rather enter at your stop loss level ))). so on any overshot of stop loss hunters around 80.80 ….

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By: majimaji https://fxww.com/finding-the-trade-most-likely-to-stuff-the-most-people/#comment-2850 Thu, 01 Nov 2012 22:28:51 +0000 http://fxww.dreamhosters.com/?p=2094#comment-2850 whats your take on eu in terms of flows?

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