This was a perfect setup back in July ... I took profit on half
of it since my original position back then, still have some,
but the Yen is into a massive race to the bottom, the run on YCS
is far from over IMO
Getting out the last half from my initial swing trade back in
July ... Thx abe !!! ;) I'll be looking to
re-enter this trade at some point ... this fall isn't over
IMO
WOW !!!! I knew this was a race to the bottom, but never
expected it would be this fast ... That was a move I nailed
right in the perfect spot and made good money on it, but OMG ...
this would have been so profitable if I would have not
underestimated Abe and this harakiri on the Yen !!!!
hahahaha
nice job as always
mia127nailing that one! Wish I had jumped on board with ya.
Otherwise just crazy what's going on in that
country,
by the way short term price is extended from the 5 and 9 EMA so
maybe get a short term pullback soon, here's a chart. Also on
your triangle in 2013, just a friendly tip, instead of drawing your
trendline from the 70.80 high, draw it from the 66.71 high, that's
the proper wave as that completes a text book 5 wave ABCDE.
the reason for this is because the 70.8 high is not part of
the triangle pattern, that's part of a separate wave count
YCS - Short Yen (Update)
YCS (Short Yen)
Posted by mla127 on 2nd of Sep 2014 at 09:09 pm
This was a perfect setup back in July ... I took profit on half of it since my original position back then, still have some, but the Yen is into a massive race to the bottom, the run on YCS is far from over IMO
YCS - Short Yen (Update)
Posted by mla127 on 12th of Sep 2014 at 01:38 pm
Getting out the last half from my initial swing trade back in July ... Thx abe !!! ;) I'll be looking to re-enter this trade at some point ... this fall isn't over IMO
YCS - Short Yen (Update)
Posted by mla127 on 26th of Nov 2014 at 10:55 am
WOW !!!! I knew this was a race to the bottom, but never expected it would be this fast ... That was a move I nailed right in the perfect spot and made good money on it, but OMG ... this would have been so profitable if I would have not underestimated Abe and this harakiri on the Yen !!!! hahahaha
nice job as always mia127 nailing
Posted by matt on 26th of Nov 2014 at 11:12 am
nice job as always mia127 nailing that one! Wish I had jumped on board with ya. Otherwise just crazy what's going on in that country,
by the way short term price is extended from the 5 and 9 EMA so maybe get a short term pullback soon, here's a chart. Also on your triangle in 2013, just a friendly tip, instead of drawing your trendline from the 70.80 high, draw it from the 66.71 high, that's the proper wave as that completes a text book 5 wave ABCDE. the reason for this is because the 70.8 high is not part of the triangle pattern, that's part of a separate wave count
Thx Matt for the clarification
Posted by mla127 on 26th of Nov 2014 at 11:32 am
Thx Matt for the clarification ... appreciate it !
Excellent trade! Kudos.
Posted by a_l_ on 12th of Sep 2014 at 01:58 pm
Excellent trade! Kudos.
Yen is backtesting its neckline
Posted by junkie on 7th of Sep 2014 at 11:39 am
http://rambus1.com/?p=26863
Perhaps after a bounce up it would break down
http://rambus1.com/wp-content/uploads/2014/09/ABCD-REVERSE-SYMMEETRY-GAPS.png