Comments on: USD/JPY: Still looks likely to test important levels at .9340 and below https://fxww.com/usdjpy-still-looks-likely-to-test-important-levels-at-9340-and-below/ The Professional Source Wed, 19 Jun 2013 02:31:10 +0000 hourly 1 By: Sean Lee https://fxww.com/usdjpy-still-looks-likely-to-test-important-levels-at-9340-and-below/#comment-23395 Wed, 19 Jun 2013 02:31:10 +0000 http://381c099c8f.nxcli.net/?p=8694#comment-23395 Sounds like a well thought out strategy Johanes. I like the idea of keeping your stop well below the mkt in case of spikes lower. Also makes excellent sense to then raise the stop eventually. Definitely a trader’s strategy so best of luck. You will get plenty of trades right and wrong but if you stick to solid strategies like this then you will do very well over time I’m sure

]]> By: Johanes https://fxww.com/usdjpy-still-looks-likely-to-test-important-levels-at-9340-and-below/#comment-23394 Wed, 19 Jun 2013 02:28:12 +0000 http://381c099c8f.nxcli.net/?p=8694#comment-23394 Hi Sean,

I am still holding my long position on USD/JPY at 94.20 with SL 91.00 (will be adjusted to 92.00 in the near) to target 117.00/118.00 (Global Macro Trend Strategy).

The quarterly band already aligned from 91.00 to 92.00 and I predict the quarterly band to align to 93.00 by next week to put my SL at the very strong to hold to target. The SL will be managed to risk free up to protected profit at which time I will be able to add more position.

Any suggestion?

]]> By: Sean Lee https://fxww.com/usdjpy-still-looks-likely-to-test-important-levels-at-9340-and-below/#comment-23386 Wed, 19 Jun 2013 00:31:46 +0000 http://381c099c8f.nxcli.net/?p=8694#comment-23386 Hey Jasper, just small short EUR/GBP from last night, abt 35 pips out of the money. I’ve gotten my last few trades wrong so not feeling in sync with mkt. Will keep risk super small until the lights come back on again

]]> By: JasperD https://fxww.com/usdjpy-still-looks-likely-to-test-important-levels-at-9340-and-below/#comment-23382 Tue, 18 Jun 2013 23:33:03 +0000 http://381c099c8f.nxcli.net/?p=8694#comment-23382 Morning Sean! With FOMC looming, are you still holding any postions? Do you think USD will weaken or strengthen after Ben? I really have no clue where we’ll be 24 hours later…

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