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Daily EUR/JPY analysis

Quoting sonicdeejay
Foaming a IB .... Breakout on the card...

Sonic
Sonicdeejay - What time frame are you using on this pic?

Looks like the 1HR, can you confirm?

Thanks
Quoting DivePIPS
Sonicdeejay - What time frame are you using on this pic?

Looks like the 1HR, can you confirm?

Thanks
yes..H1 TF..my friend...
I am still bias for short..but I will consider for LONG if 152 broke strongly..

sonic
Longer term, short...

I went long at 150.85 on a bounce off the 30M lower TL.
I'll hold it a bit longer.

Right now price is held up at the 33sma, which is exactly at the upper TL of this wedge on the 30m.

I think she might break and run up to 152.48 (my TP) area and then bounce and short her from the Top again.

Just have to wait and see.
Quoting kujo17
Longer term, short...

I went long at 150.85 on a bounce off the 30M lower TL.
I'll hold it a bit longer.

Right now price is held up at the 33sma, which is exactly at the upper TL of this wedge on the 30m.

I think she might break and run up to 152.56 area and then bounce and short her from the Top again.

Just have to wait and see.
U r indeed riding a trend...buddy..
As for me..it is good to wait till London Open too..

we have galore of EUro News coming out in hours time..and we shall see some decent movement by then...

Sonic
price stalled up too long.
punched out my long from 150.85 and just booked profits.

Now short for a small 3 lot position with tight SL incase she pokes past the upper TL and 33sma on the 30m.
just in time.
she just pushed down 14 pips. sweet.

30m RSI and MACD we're at Overbought areas.
ooops.
let see if 151.90 holds her down.
what a break out .. 80 pips in a flash...
Something brewing for EURO...


sonic
Quoting sonicdeejay
what a break out .. 80 pips in a flash...
Something brewing for EURO...


sonic
80 PIPS up... down 60 pips...

Hopefully no 1 get whipped..

Sonic
had a pending buy order at 151.67 but got cancelled at last minute..a minute after that the EJ took off..sighhh
"Building Wealth By Confidence, Consistency, & Compounding"
Quoting anne_81
had a pending buy order at 151.67 but got cancelled at last minute..a minute after that the EJ took off..sighhh

80 pips up... 120 pips down....I don't get it anymore...

Sonic
All my trusted news sites say short this long term. I am also biased toward shorting this pair, just waiting for the right entry. How high back up is she gonna go before she falls on her face again?

edit: she's trying so hard to break 152.00, but she just can't stay up there.
Do you think the karate kid knows kung-fu?
wow.whipsaw 100 pips in 30mins span..


sonic
next target is : 149.30
Don't Blame Yourself This Is Forex...
Quoting PipsFinder
next target is : 149.30

it jus refuse to go down..buddy,,,
it is in the ranging...look like a trend reversal in a making..

sonic
Quoting sonicdeejay
it jus refuse to go down..buddy,,,
it is in the ranging...look like a trend reversal in a making..

sonic
On both 30M and 1H there's bullish divergence
All the best things in life are free.
Hello Guys, I am a fan of EJ pair, reading your thread.
Pls see the chart - it reminds about 423% of fibo. Seems downside price pulse is losing its strength but be carefull...
Attached Image (click to enlarge)
Click to Enlarge Name: ej.JPG Size: 66 KB
t-i-m-b-e-r
Quoting bigandrich
t-i-m-b-e-r
my shorts Stopped out @ BE...

just to move down further..
what is the nest target in this down trend for you guys?
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