Daily EUR/JPY analysis | Page 59 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/JPY

Similar Threads

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

Daily GBP/JPY analysis 16,618 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

eur/usd, eur/jpy, usd/jpy average 0 replies

Adwa Daily GBP/JPY analysis 23 replies

Attachments: Daily EUR/JPY analysis
Exit Attachments

Daily EUR/JPY analysis

  • #1,161
  • Aug 4, 2008 9:10pm Aug 4, 2008 9:10pm
Quoting johninthai
That's what I've been doing. short since 168.0 and 168.50

Looking for good entry
Don't Blame Yourself This Is Forex...
  • #1,162
  • Aug 4, 2008 9:11pm Aug 4, 2008 9:11pm
not so sure for TP though, got one at 167.88 and one longer term hopefully to 166.88
Enter Signature
  • #1,163
  • Aug 4, 2008 9:13pm Aug 4, 2008 9:13pm
Quoting johninthai
not so sure for TP though, got one at 167.88 and one longer term hopefully to 166.88
167.50 for me
Don't Blame Yourself This Is Forex...
  • #1,164
  • Aug 4, 2008 9:15pm Aug 4, 2008 9:15pm
looks reachable, wish this ranging would stop.
Enter Signature
  • #1,165
  • Aug 4, 2008 9:18pm Aug 4, 2008 9:18pm
Quoting johninthai
looks reachable, wish this ranging would stop.
I believe that it's just consolidating a little before the drop into 167.
  • #1,166
  • Aug 4, 2008 9:23pm Aug 4, 2008 9:23pm
would do me just fine . It's bumming around DP now.
Enter Signature
  • #1,167
  • Aug 4, 2008 9:25pm Aug 4, 2008 9:25pm
Quoting johninthai
looks reachable, wish this ranging would stop.

patience my friend patience
Don't Blame Yourself This Is Forex...
  • #1,168
  • Aug 4, 2008 9:55pm Aug 4, 2008 9:55pm
Took 1 lot off +34, taking too long for my taste will re enter, it's bound to retrace a bit.
Enter Signature
  • #1,169
  • Aug 4, 2008 10:02pm Aug 4, 2008 10:02pm
I agree, I'm out, looking to get back in after 12am...after all this consolidation is over.
  • #1,170
  • Edited Aug 5, 2008 1:19am Aug 4, 2008 11:40pm | Edited Aug 5, 2008 1:19am
Hi nucking,

was a bit difficult to decide for me, because I have a seperate candle for sundy and have to add this visual to the monday candle...

And, down we go

Expecting more down during london/new york because of last days pin Bar at eur/usd.


Quoting NuckingFuts
With a bullish engulfing candlestick, the real body must engulf the prior real body (not wicks). The one you posted is not a bullish engulfing candle. It could be classed as an outside bar though.



USD news may drop it or increase it. Remember that:

EUR/JPY = EUR/USD x USD/JPY

So it's good to watch the EU and UJ.

Looks like a short may be in play. Price has hit resistance. Stops above the last lower high.
  • #1,171
  • Aug 5, 2008 12:40am Aug 5, 2008 12:40am
Anyone short ?
Don't Blame Yourself This Is Forex...
  • #1,172
  • Aug 5, 2008 1:05am Aug 5, 2008 1:05am
Quoting PipsFinder
Anyone short ?

short @ 168.80

TP 167 to 167.20

we will see it today
  • #1,173
  • Aug 5, 2008 1:13am Aug 5, 2008 1:13am
It's moving, but boy it's fighting tooth and nail. I'm not rulling a long reversal out yet, though I wish it'd fall into a bottomless pit.
  • #1,174
  • Aug 5, 2008 1:14am Aug 5, 2008 1:14am
Quoting Tovinces
I've found another scenario on 1h chart: the chart has touched the upper line of triangle, it may fall till 166...
Oh yes, the scenario has been worked out correctly!

I'm short till 166.74 (S2)
  • #1,175
  • Aug 5, 2008 1:20am Aug 5, 2008 1:20am
Quoting Tovinces
Oh yes, the scenario has been worked out correctly!

I'm short till 166.74 (S2)
  • #1,176
  • Aug 5, 2008 1:44am Aug 5, 2008 1:44am
same here will try to ride it out as long as possible.
Enter Signature
  • #1,177
  • Aug 5, 2008 1:52am Aug 5, 2008 1:52am
me short from 169.10 last week and add more short at 168.60 yesterday..hopefully today it will go down to 167-166
  • #1,178
  • Aug 5, 2008 2:31am Aug 5, 2008 2:31am
i will short now again
Don't Blame Yourself This Is Forex...
  • #1,179
  • Aug 5, 2008 2:32am Aug 5, 2008 2:32am
my TP was 167 but the lowest was 167.06 so i had to manually close it at 167.20

i am up 20% from my capital so thats it for today i guess

good luck guys
  • #1,180
  • Aug 5, 2008 2:36am Aug 5, 2008 2:36am
haha don't quit now! It's going to touch 167 again at least!
3 traders viewing now