Comments on: USD/JPY: Bids hold firm

By: Yue

Yue — Tue, 02 Apr 2013 09:39:10 +0000

Yeah, Thank you, Sean!I have just closed them. Though I took my notebook with me, but really over-drunk yesterday, Haha……If Yen goes to 90, Margin call will come soon……

By: Sean Lee

Sean Lee — Tue, 02 Apr 2013 09:30:56 +0000

Well done Yue, looks like you got out safe n sound.

By: El

El — Tue, 02 Apr 2013 07:36:11 +0000

although my money is placed hoping for a bullish turnout for this pair.
Abe and his lackeys could well disappoint on thurs and kill me. Afterall, they have gotten expectations pretty high and this fellas are never known to manage expectations well.

By: Yue

Yue — Tue, 02 Apr 2013 06:56:14 +0000

Yeah, I’ll remember it next time, heihei……very dangerous trades and all are big amount according to my account. The pair is obviously downtrend now……

By: Sean Lee

Sean Lee — Tue, 02 Apr 2013 06:51:39 +0000

Sometimes best to take the small loss on these types of out trades and put it down to experience.

By: Yue

Yue — Tue, 02 Apr 2013 06:46:39 +0000

OK, Thank you, Sean! Ai…..these orders I put them for several days but forgot to delete before the trip……OK, I’ll close them around 93.2 and change to sell. Although many people think YEN will get weaker after April 4th, I think there’s still much opportunity to buy dips if it comes true……Thank you!

By: Sean Lee

Sean Lee — Tue, 02 Apr 2013 06:38:08 +0000

Hi Yue, I’ve never liked ‘unintended’ positions, they usually don’t work out well. Your average entry is at 9320 so look to sell there I think. Or if really unsure, sell 1/2 at 9290 n leave stop on rest below 9240?

By: Yue

Yue — Tue, 02 Apr 2013 06:28:17 +0000

Hi, Sean, If long USDJPY, how to set the stop loss? I went for a business trip these days and just came back . It’s unfortunately enough that I found the pending orders of long USDJPY at 93.5 and 92.9 are all opened……Thank you!