EUR/JPY

come on already!!! come down you stubborn beast or I will close you out with profit

Here we go?

yep, it is coming down hard now

next stop 129 and then maybe a small bounce likely followed by more downside

Good luck, I already exited mine.

I think there is more downside, you could have left your stop below entry and let it run for more money

i am bullis on EURJPY..although euro is weak ,jpy is more prone to weakness..when sideways eurjpy goes roof.İ think it will hit 140 this year about before it gets crashed.

No, just absolutely a big NO!

Cool, back near 130.5 for me to enter another short position with target 129.9

You're probably right, but I am a short-term trader and closing those shorts would allow me to reach a milestone so...

EJ is going up ! hope it will be dropped in US time! I also put TP at 128.5 !

lol I got out of this position and now back in. we might look to 2nd month low if the elections are in favor of the southside

I think it is going to 128.6 today

it is stuck but I want it to move its body down

my chart

Need the air , euro is too strong. I think they will never hit 129 again!

if it gets through 130.8, then it may turn more bullish this week

but I think there is more downside to come in the near term

stuck under 132.2, could be a sign for more selling later

great, now near 131.2

ok, now we are probably going to 130.8 next

It's remarkable. I should start posting every time I enter a trade so everyone here can STAY OUT or take the opposite side as the market has stopped me out of every trade in the past 2 weeks.

I went short around 131.35 in anticipation of the highly probable move that would occur downward and got stopped out all the way up at 131.90. I'm not sure if this spike was news related or the market makers had me and other bears in their sights but it's discouraging to say the least.

Did any traders here stay out and for what reason? Could the bullish spike have been anticipated?

It's always when I wait for a spike / pullback before the actual move that I miss out on high volume sweeping trades moving price in the direction I had in mind and when I don't wait for this shakeout to occur I end up getting stopped because of it. But in this trade, there was a false rally to 131.80 that quickly sold back to 131.40 so the bulls driving price up in this fashion was not expected at all. Truly perplexing.

Here's the chart: