Thursday, October 14, 2004

The Catecholamine Trade

Here's how to make trading the USD/JPY a little more rewarding, and a bit more risky. High oil prices abound has been reaking havoc on both the US Dollar and Japanese Yen lately, with Oil closing once again today above $54 a barrel of crude. So if you're trading this East meets West pair, it's basically about choosing the lesser of two evils. It's been rangebound since mid May 2004, about a pitiful average of less than 100 pips a day, so to be quite frank, it's fucking as boring as Everybody Loves Raymond. So, here's what you have to do: for every 5 pip move in the pair that's in the money, you take one bump of cocaine or grounded up methylphenidate. For every 25 pip move in your favor, you do a line. If there's a retracement of 50%, take 1.0 mg of benzodiazepine(Ativan). So if you're short the Nips at 109.61, and the Land of the Rising Sun looks like it's approaching Dawn, do a speedline as your profit increases every 25 pips. If you're banking on Godzilla wooping Mothra's Ass, then wait until USD/JPY breaks below 109.00 and thereupon do three 3 inch lines staggered about 5 minutes apart. And so on. You can tweek these Bump and Line parameters to suit your time and tolerance horizon. I recommend using a 30 day hourly chart.

6 Comments:

At 4:55 PM, Blogger Hungry as FUCK said...

YO GODZILLA ITS YO BIRFDAY

 
At 4:55 PM, Blogger Hungry as FUCK said...

YO GODZILLA ITS YO BIRFDAY

 
At 4:55 PM, Blogger Hungry as FUCK said...

YO GODZILLA ITS YO BIRFDAY

 
At 4:55 PM, Blogger Hungry as FUCK said...

YO GODZILLA ITS YO BIRFDAY

 
At 5:43 PM, Anonymous Anonymous said...

Do the Yankees pay Hideki Matsui in Yen?

 
At 11:03 AM, Blogger ballsdeepinoprah said...

Put that cocaine down! Cocaine is for closers only. You think I'm fucking with you? I am not fucking with you.

By the way...I took your advice and made a KILLING! Thanks, Macedon. Never thought I'd be taking advice from a porcelin doll, but then again, Kudlow & Kramer are fags anyway.

 

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