mon péché, mon obsession
désir fou qui me tourmente
qui me tourne en dérision
qui me déchire et me hante
petite marchande d’illusion
je ne vis que dans l’attente
de voir voler ton, jupon
et que tu danses et tu chantes

tu vas me détruire
tu vas me détruire

Intraday punt USD/JPY  -  buy 89.60-70 with S/L through 89.40. Looks like we broke short term resistance, which shall act as support for now.

Quiet market so far though  -  hope we get set on any trades at all…

The Federal Reserve restated its intention to cease buying $1.25 trillion of mortgage-backed securities in March and maintained its pledge to keep interest rates near zero for an “extended period,” opening a rift among policy makers for the first time in a year.
EURUSD, on the other hand, after printing the overnight lows at 1.3994. seems to be having buy on dips demand from Corp side  and I think we may have a 1.4005-1.4085 before London gets in. A break of the topside resistance brings a short term possibility of 1.4250 test.
A  clean break of 1.40 by a daily close below 1.4005 today puts more pressure on Euro and with strong momentum on an oversold market positioning suggests a quick drop down to 1.3795-1.3815 area.

It looks like USDJPY at 89.20 and 124.80 in EURJPY held it firmly..USDJPY especially failed to get back into Ichimoku Cloud by not closing below 89.19.. and retraced up to 90.09 overnight highs which is the 55 days SMAVG. I think we may have a 89.55-65 squeeze on the downside but risk is topside now and fancy of 91.00 before 89.20.

It seems even after FOMC market remains bullish for the USD – which happens to suite me quite well. Should we see a bit of  profit taking, and EUR/USD back to yesterday’s levels, I have a very very decent support in USD/CHF at 1.0440-50. I will try to buy into that, with a S/L around 1.0420-00. Topside, key resistance is 1.0600-20 still. That will be the trade of the year, to see that one break – and buy that break… but one thing at the time.

You know, when you get old in life things get taken from you. I mean that’s…part of life. But, you only learn that when you start losing stuff. You find out life’s this game of inches. So is football. Because in either game, life or football, the margin for error is so small — I mean one-half a step too late, or too early, and you don’t quite make it. One-half second too slow, too fast, you don’t quite catch it.

The inches we need are everywhere around us.

They’re in every break of the game, every minute, every second.

On this team, we fight for that inch. On this team, we tear ourselves and everyone else around us to pieces for that inch. We claw with our fingernails for that inch, because we know when we add up all those inches that’s gonna make the fuckin’ difference between winning and losing! Between livin’ and dyin’!

I’ll tell you this: In any fight, it’s the guy who’s willing to die who’s gonna win that inch. And I know if I’m gonna have any life anymore, it’s because I’m still willin’ to fight and die for that inch. Because that’s what livin’ is! The six inches in front of your face!!

Now I can’t make you do it. You got to look at the guy next to you. Look into his eyes! Now I think you’re gonna see a guy who will go that inch with you. You’re gonna see a guy who will sacrifice himself for this team because he knows, when it comes down to it, you’re gonna do the same for him!

That’s a team, gentlemen!