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Daily EUR/JPY analysis

  • #1,241
  • Aug 5, 2008 10:46pm Aug 5, 2008 10:46pm
that's it am long
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  • #1,242
  • Aug 5, 2008 10:48pm Aug 5, 2008 10:48pm
For a short term position, I'm going long at mid-70s until it putters around 168.

http://forexfactory.com/C:%5CDocumen...y%20long%20one
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  • #1,243
  • Aug 6, 2008 1:19am Aug 6, 2008 1:19am
be prepared
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  • #1,244
  • Aug 6, 2008 1:31am Aug 6, 2008 1:31am
Quoting PipsFinder
be prepared
For what? A reversal? That's why I got out @ 167.99...1 hr MACD looks to be crossing soon...need to see what direction it's going to go in before I place another trade. I might try to get long back around 167.98-167.01 and scalp a few pips before next hrly. candle (which will dictate MACD direction).
  • #1,245
  • Aug 6, 2008 1:32am Aug 6, 2008 1:32am
anyone getting ready to short?
  • #1,246
  • Aug 6, 2008 2:17am Aug 6, 2008 2:17am
correct for reversal.... is it soon to short ?
Don't Blame Yourself This Is Forex...
  • #1,247
  • Aug 6, 2008 2:29am Aug 6, 2008 2:29am
Quoting PipsFinder
correct for reversal.... is it soon to short ?
For a short-term position? Definitely not the time to short, EJ will push back into 168s for a while. 1hr Stochastics just now intersecting, hard to say where it will go. MACD getting close to 0 line, will probably hit in the next 2 hrs. If next hourly candle closes below 167.85 I would short...but it really doesn't look like it's going to happen. Keep buying around 167.99 and liquidating around 168.05-168.10 for next couple hours.
  • #1,248
  • Aug 6, 2008 2:31am Aug 6, 2008 2:31am
well
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  • #1,249
  • Aug 6, 2008 2:56am Aug 6, 2008 2:56am
I'm using 1hr chart to establish trend...but I'm using 5min chart for quick scalp longs/shorts. I'm about to go long again and hopefully exit around 168.01-05.
  • #1,250
  • Aug 6, 2008 3:32am Aug 6, 2008 3:32am
time to say short to this sucker
short from 168
Good luck
  • #1,251
  • Aug 6, 2008 3:40am Aug 6, 2008 3:40am


Quoting 5ysfx
time to say short to this sucker
short from 168
Good luck
Don't Blame Yourself This Is Forex...
  • #1,252
  • Aug 6, 2008 3:46am Aug 6, 2008 3:46am
Quoting 5ysfx
time to say short to this sucker
short from 168
Good luck
where is your tp?
  • #1,253
  • Aug 6, 2008 3:50am Aug 6, 2008 3:50am
Quoting rainingpips
where is your tp?
LL i do not know where exactly yet
Maybe 16650
  • #1,254
  • Aug 6, 2008 3:55am Aug 6, 2008 3:55am
Quoting 5ysfx
LL i do not know where exactly yet
Maybe 16650

it will go lower
Don't Blame Yourself This Is Forex...
  • #1,255
  • Aug 6, 2008 3:59am Aug 6, 2008 3:59am
Quoting PipsFinder
it will go lower
yep but I will close there if will see sign of reversal then wait and short from higher level thats my plan
lately my plan did not work out though
Nah well its just money..
  • #1,256
  • Aug 6, 2008 4:01am Aug 6, 2008 4:01am
Good Luck let's ride this baby down
Don't Blame Yourself This Is Forex...
  • #1,257
  • Aug 6, 2008 4:05am Aug 6, 2008 4:05am
Quoting PipsFinder
it will go lower
morning

i see you guys are in short mode thats great, me too

short from 169 and now again from 168, now watching that potential 4h pin, looks sweet

im aiming for 163.5 lets see how this plays out
  • #1,258
  • Aug 6, 2008 4:09am Aug 6, 2008 4:09am
Quoting Titus
morning

i see you guys are in short mode thats great, me too

short from 169 and now again from 168, now watching that potential 4h pin, looks sweet

im aiming for 163.5 lets see how this plays out

when do you think it will reach that level ?
Don't Blame Yourself This Is Forex...
  • #1,259
  • Aug 6, 2008 4:15am Aug 6, 2008 4:15am
Quoting PipsFinder
when do you think it will reach that level ?
hopefully in the next 2 weeks
  • #1,260
  • Aug 6, 2008 4:16am Aug 6, 2008 4:16am
Quoting Titus
hopefully in the next 2 weeks

Hope thanks for sharing
Don't Blame Yourself This Is Forex...
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