Comments on: Today is 25th anniversary of Black Monday https://fxww.com/today-is-25th-anniversary-of-black-monday/ The Professional Source Fri, 19 Oct 2012 05:27:38 +0000 hourly 1 By: Sean Lee https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1899 Fri, 19 Oct 2012 05:27:38 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1899 Morning Maji, I haven’t heard them mentioned anywhere but its a big market

]]> By: majimaji https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1897 Fri, 19 Oct 2012 05:23:31 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1897 my source was so sure china was selling above 1.3100 yesterday, you havnt heard anything yet?

]]> By: Jones https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1886 Fri, 19 Oct 2012 03:13:38 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1886 The weather’s so nice out there, I didn’t want to come back! At least CAD/JPY is slowly moving towards the direction I want it to move. Have a great afternoon and weekend Sean. It’s going to be 30 degrees tomorrow 🙂

]]> By: Sean Lee https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1873 Fri, 19 Oct 2012 01:26:08 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1873 CAD/JPY Jones? That’s getting desperate 🙂 I think you’re right, an afternoon on golf course seems a lot more attractive than this rubbish++

]]> By: Ivan https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1871 Fri, 19 Oct 2012 01:04:15 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1871 Throw into the mix no resolution on the Spain end just yet, neither any risk friendly headline out of EU summit, and you have risk takers running to the exits before weekend, which to me, implies GBP/JPY entering 128ish/125.70 range for now 😉

]]> By: Jones https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1870 Fri, 19 Oct 2012 01:03:41 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1870 In reply to Sean Lee.

Thanks Sean. EUR/JPY is moving too slow today, so I shorted CAD/JPY instead. The weather is looking very nice out there, might add a few more minutes to my lunch time today 🙂

]]> By: Sean Lee https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1868 Fri, 19 Oct 2012 00:20:04 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1868 Love it Ivan, thanks vm. I think I might just try this one

]]> By: Ivan https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1867 Thu, 18 Oct 2012 23:01:57 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1867 Trade idea of the day: Short GBP/JPY once 127.00 lows taken out. Move to BE at 126.20/30. Start taking profits at 125.70 (most of it as support very strong). Hoping for a runner to 125.00 with remaining position. Stop loss above 128.00 more aggressive or above Thursday highs more conservative. RR is about 1/1, which is not great, but to me, chances are high if lows broken price will fall significantly. How many times GBPJPY struggling to break and close past 128? 3 I count, Sept 19, Oct 5 and yesterday… 😉

]]> By: Sean Lee https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1865 Thu, 18 Oct 2012 22:41:40 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1865 Agree 100% Jones, might even pick up a bit more than 50 if mkt turns sour in NY later on tonight?

]]> By: Sean Lee https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1864 Thu, 18 Oct 2012 22:40:20 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1864 Happy birthday Ivan, so what’s the birthday ‘trade of the day?’

]]> By: Sean Lee https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1863 Thu, 18 Oct 2012 22:38:57 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1863 Good idea Serga, you write the books and I’ll read them

]]> By: Ivan https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1862 Thu, 18 Oct 2012 22:37:19 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1862 My interesting story is that I was born that very same day but a few years earlier. Perfect timing by my parents to find a reason for celebration on Oct 19 rather than any memories from ‘black monday’ 😉

]]> By: Jones https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1860 Thu, 18 Oct 2012 22:23:12 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1860 Morning Sean, what’s your feeling on EUR/JPY? I think selling around 104 for a really quick 50pip profit.

]]> By: SergaNet https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1857 Thu, 18 Oct 2012 22:05:04 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1857 In reply to Sean Lee.

> By Christmas 75.00, it is an excellent gift Sean, and by the following Christmas 100.00, then it is possible to retire and write books 🙂

]]> By: Sean Lee https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1856 Thu, 18 Oct 2012 21:56:08 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1856 Hi Serga, re AUD/JPY, no strong ideas in short-term but medium-term lower I think, maybe 75 by Christmas? Longer-term much higher back above 100 but that’s no help when we are trying to trade it intra-week 🙂

]]> By: Sean Lee https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1855 Thu, 18 Oct 2012 21:54:47 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1855 Long time ago Milan, I was a much younger cable and GBP/DMK dealer for a big bank in Germany. Wish I had some old war stories to recount but for now I can’t think of any

]]> By: SergaNet https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1854 Thu, 18 Oct 2012 21:50:42 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1854 Good morning, Sean!
Wanted to share reasons on USD/JPY, I think to sell pair from 80.06 with an obvious stop above 80.40 and for the purpose of 77.76 (it is possible 77.11). How to you such idea? Thanks and successes to you Sean!
The cable in game, USD/CAD didn’t change strategy, I wait sale from 0.9975 for the purpose of about 0.96
AUD/JPY is possible 83.00, but at own risk sold a little from 82.46, pair made small profit, at present I do not know, whether to sell again or to wait? What your view of AUD/JPY? I thank!

]]> By: Milan https://fxww.com/today-is-25th-anniversary-of-black-monday/#comment-1853 Thu, 18 Oct 2012 21:33:42 +0000 http://fxww.dreamhosters.com/?p=1597#comment-1853 Any interesting story you can share about that day? 🙂

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