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Daily EUR/JPY analysis

  • #1,101
  • Aug 3, 2008 8:38pm Aug 3, 2008 8:38pm
Quoting johninthai
Temporarily it will go up but I am still awaiting a big fall this week
Agreed, I think the overall direction is down. I think the max we'll see is 168.7.
  • #1,102
  • Aug 3, 2008 8:41pm Aug 3, 2008 8:41pm
I am looking to add shorts around 168.50 - 90 area.
Enter Signature
  • #1,103
  • Aug 3, 2008 8:50pm Aug 3, 2008 8:50pm
Yen sell-off this week ?
Nice. My prediction become more real.
  • #1,104
  • Aug 3, 2008 9:27pm Aug 3, 2008 9:27pm
Quoting 5ysfx
Yen sell-off this week ?
Nice. My prediction become more real.


What do you mean ? !
Don't Blame Yourself This Is Forex...
  • #1,105
  • Aug 3, 2008 10:31pm Aug 3, 2008 10:31pm
I think it's preparing for a fall !!
Don't Blame Yourself This Is Forex...
  • #1,106
  • Aug 3, 2008 10:42pm Aug 3, 2008 10:42pm
Quoting PipsFinder
I think it's preparing for a fall !!
nope, not with that pa 3h candles gettin longer. Within 3-6H we will hit 168.5
  • #1,107
  • Aug 3, 2008 11:26pm Aug 3, 2008 11:26pm
if it continues like this the next stop will be 167.00
Don't Blame Yourself This Is Forex...
  • #1,108
  • Aug 3, 2008 11:35pm Aug 3, 2008 11:35pm
Quoting PipsFinder
if it continues like this the next stop will be 167.00
first has to break lowerline of uptrend channel at 65
  • #1,109
  • Aug 3, 2008 11:37pm Aug 3, 2008 11:37pm
Quoting 5ysfx
first has to break lowerline of uptrend channel at 65

Sure
Don't Blame Yourself This Is Forex...
  • #1,110
  • Aug 4, 2008 12:04am Aug 4, 2008 12:04am
EJ is trading around pivot point again. In this expanding trianglke it's possible it will test R1 168.34, but in my opinion it's unlikely it will break it.All in all, it's just retracement...
If theis scenario works and there's no immediate turn down, I'll use up movement to add sell positions till 166.9 (S1)
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 1h 04.08.jpg Size: 59 KB
  • #1,111
  • Aug 4, 2008 12:36am Aug 4, 2008 12:36am
closed 1/3 position from 16715 at 16805 as stated before now lets see what is going to happen.
bigboys got perfect timings as usual.
Goodluck
  • #1,112
  • Aug 4, 2008 12:54am Aug 4, 2008 12:54am
Quoting 5ysfx
closed 1/3 position from 16715 at 16805 as stated before now lets see what is going to happen.
bigboys got perfect timings as usual.
Goodluck
I've closed my long positions as well, me sell entry orders have also activated. My stop-loss is 168.34 (R1) + your spread + several pips.
  • #1,113
  • Aug 4, 2008 1:03am Aug 4, 2008 1:03am
What was the sell point ?
Don't Blame Yourself This Is Forex...
  • #1,114
  • Aug 4, 2008 1:37am Aug 4, 2008 1:37am
Quoting PipsFinder
What was the sell point ?
i had 3 sell stop orders at 167.80/90 and 168
  • #1,115
  • Aug 4, 2008 1:37am Aug 4, 2008 1:37am
Shorted 168.30
Buying Tops, Selling dips xP
  • #1,116
  • Aug 4, 2008 1:44am Aug 4, 2008 1:44am
according to PA, yen and euro indexes short is very bad idea.
Eaten sl's will rise this pair to 169 soon
  • #1,117
  • Aug 4, 2008 1:49am Aug 4, 2008 1:49am
Don't Blame Yourself This Is Forex...
  • #1,118
  • Aug 4, 2008 2:25am Aug 4, 2008 2:25am
next target 168.7 , a bit of correction after and UP UP
  • #1,119
  • Aug 4, 2008 2:33am Aug 4, 2008 2:33am
Quoting robrub
next target 168.7 , a bit of correction after and UP UP
eurjpy is acceleratin
Attached Image (click to enlarge)
Click to Enlarge Name: accel.PNG Size: 36 KB
  • #1,120
  • Aug 4, 2008 2:36am Aug 4, 2008 2:36am
could you share your target with us?

Quoting 5ysfx
eurjpy is acceleratin
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