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 Trek and the City

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Sauros



Posts: 502
Join date: 2009-05-14
Age: 37
Location: London

PostSubject: Trek and the City   Tue Sep 07, 2010 2:31 pm
http://blog.thelordoftrading.com/2010/09/trek-and-city.html
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Batman



Posts: 786
Join date: 2009-08-06
Age: 23
Location: NYC

PostSubject: Re: Trek and the City   Tue Sep 07, 2010 4:00 pm
Too bad King couldn't join us on TLOT today, I would have liked to pick his brain.... scratch Anyway, I finally entered long into this trade. I got in between near the lows of the session. I'm looking for a bounce up towards 84.30 before I make up my mind on weather or not to chisel. I do think a BoJ announcement/More tough talk from Kan is warranted as the PM race heats up. Many Japanese exporters are getting killed at the moment on Profit Margins strictly due to stronger Yen....I'm gonna chalk up all this movement today to New York traders' respective hang-overs from their hampton vacations. Sleep
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Sauros



Posts: 502
Join date: 2009-05-14
Age: 37
Location: London

PostSubject: Re: Trek and the City   Tue Sep 07, 2010 4:28 pm
Batman wrote:
Too bad King couldn't join us on TLOT today, I would have liked to pick his brain.... scratch Anyway, I finally entered long into this trade. I got in between near the lows of the session. I'm looking for a bounce up towards 84.30 before I make up my mind on weather or not to chisel. I do think a BoJ announcement/More tough talk from Kan is warranted as the PM race heats up. Many Japanese exporters are getting killed at the moment on Profit Margins strictly due to stronger Yen....I'm gonna chalk up all this movement today to New York traders' respective hang-overs from their hampton vacations. Sleep


Good entry so far but be careful not to catch the falling knife... the move down has some strength.
I'm not sure you've read my post yesterday on DJP elections next week, a win of Ozawa could give some weakness to the JPY.
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Trek and the City

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