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Daily EUR/JPY analysis

  • #1,461
  • Aug 13, 2008 5:02pm Aug 13, 2008 5:02pm
short it is
Don't Blame Yourself This Is Forex...
  • #1,462
  • Aug 13, 2008 5:04pm Aug 13, 2008 5:04pm
agreed, will short when I see the right set up/entry
Enter Signature
  • #1,463
  • Aug 13, 2008 5:14pm Aug 13, 2008 5:14pm
Don't Blame Yourself This Is Forex...
  • #1,464
  • Aug 13, 2008 5:37pm Aug 13, 2008 5:37pm
Quoting sonicdeejay
Hell ya...
Good nite everyone!!
10:15PM in singapore here...

sonic

Oh snap...

My position stopped out @ 161.77 ,shorted @162.38..
what a turn around...


sonic
  • #1,465
  • Aug 13, 2008 5:56pm Aug 13, 2008 5:56pm
am short....anyone ?
Don't Blame Yourself This Is Forex...
  • #1,466
  • Aug 13, 2008 6:04pm Aug 13, 2008 6:04pm
Quoting PipsFinder
am short....anyone ?
Careful with shorts yesterdays bar could be a reversal pinbar
  • #1,467
  • Aug 13, 2008 6:11pm Aug 13, 2008 6:11pm
i am shorting too.. but with all signs that yen will weaken, am worried.. what u folks think
  • #1,468
  • Aug 13, 2008 6:15pm Aug 13, 2008 6:15pm
bad news for euro coming
Don't Blame Yourself This Is Forex...
  • #1,469
  • Aug 13, 2008 6:20pm Aug 13, 2008 6:20pm
Quoting PipsFinder
bad news for euro coming
yap..lot of EUR related news coming out...
I believe it gona be bad ones as domino effect is spreading....

Looks like inverted Hammer in a making in H4 TF....i am still biased to SHORT..

and happy to see someone comment on my system... HERE

sonic
  • #1,470
  • Aug 13, 2008 7:18pm Aug 13, 2008 7:18pm
you mean euro news affects jpy? i know it kinda spread but.. that bad?
  • #1,471
  • Aug 13, 2008 7:21pm Aug 13, 2008 7:21pm
Quoting trading801
you mean euro news affects jpy? i know it kinda spread but.. that bad?
Isnt this pair eur/JPY?
Buying Tops, Selling dips xP
  • #1,472
  • Aug 13, 2008 7:40pm Aug 13, 2008 7:40pm
OMG wrong thread.. i was thinking all along i am at USD / JPY.

sorry bye
  • #1,473
  • Aug 13, 2008 7:44pm Aug 13, 2008 7:44pm
Quoting pip_designer
Careful with shorts yesterdays bar could be a reversal pinbar
hopefully thats come true...i have a floating position -660 pip ,dont know whether to close it now or wait it to bull up to minimize loss...
  • #1,474
  • Aug 13, 2008 7:59pm Aug 13, 2008 7:59pm
Quoting vitagene
hopefully thats come true...i have a floating position -660 pip ,dont know whether to close it now or wait it to bull up to minimize loss...
-660 pips

U hav a hugh appetite.buddy....
-150 pips can even make my bl00d boil...


sonic
  • #1,475
  • Aug 13, 2008 11:24pm Aug 13, 2008 11:24pm
Quoting vitagene
hopefully thats come true...i have a floating position -660 pip ,dont know whether to close it now or wait it to bull up to minimize loss...
you mean you are in loss 660 pips? Are you joking or is true? Never let a position run oposite more than 40 pips otherwise your account is blown up soon. Do you know what is a stop loss is? Well, it is not a coincidence 99% of traders lose all their money after a few days / weeks.
  • #1,476
  • Aug 13, 2008 11:35pm Aug 13, 2008 11:35pm
going up?
  • #1,477
  • Aug 14, 2008 1:03am Aug 14, 2008 1:03am
Reversing more like it ;]
simple....
  • #1,478
  • Aug 14, 2008 5:48am Aug 14, 2008 5:48am
what's cookin today here ?
Don't Blame Yourself This Is Forex...
  • #1,479
  • Aug 14, 2008 6:05am Aug 14, 2008 6:05am
Difficult to say, I was hoping for a bounce up...
  • #1,480
  • Edited 6:50am Aug 14, 2008 6:14am | Edited 6:50am
SELL on rally!, i am in @ 163.12...
or stand aside....

I am not into LONG for this moment....since the downtrend is still valid (yesterday ends with wild doji in D1 TF..but it need a Bullish candle to say that the reversal is taking place)...

sonic
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