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Daily EUR/JPY analysis

  • #1,501
  • Aug 14, 2008 7:40pm Aug 14, 2008 7:40pm
Quoting sonicdeejay
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

Dive....Dive.... (Quotes from U571 movie)...

Gd Morning...

sonic
  • #1,502
  • Aug 14, 2008 8:41pm Aug 14, 2008 8:41pm
Odd...oil going down and this pair going up? Don't see that often.
  • #1,503
  • Aug 14, 2008 8:47pm Aug 14, 2008 8:47pm
usd/jpy strength is trumping eur/usd weakness this evening.
  • #1,504
  • Aug 14, 2008 9:06pm Aug 14, 2008 9:06pm
short ?
Don't Blame Yourself This Is Forex...
  • #1,505
  • Aug 14, 2008 9:56pm Aug 14, 2008 9:56pm
Short 162.24 TP 161.44
Short 162.65 TP 160.95
Short 162.96 TP 162.25
  • #1,506
  • Aug 15, 2008 3:55am Aug 15, 2008 3:55am
Quoting sonicdeejay
Dive....Dive.... (Quotes from U571 movie)...

Gd Morning...

sonic
relaxing on +70 pips taken....
I may rest for this week!!!!


sonic
  • #1,507
  • Aug 15, 2008 7:57am Aug 15, 2008 7:57am
Time to close short b4 weekend and long some fellas for nice interest
Next week we could see retrace to 165-166 maybe.
  • #1,508
  • Aug 15, 2008 9:04am Aug 15, 2008 9:04am
i still recommend short pos.
Don't Blame Yourself This Is Forex...
  • #1,509
  • Aug 15, 2008 9:05am Aug 15, 2008 9:05am
Quoting 5ysfx
Time to close short b4 weekend and long some fellas for nice interest
Next week we could see retrace to 165-166 maybe.

Agree with this entirely.
  • #1,510
  • Aug 15, 2008 11:26am Aug 15, 2008 11:26am
Don't Blame Yourself This Is Forex...
  • #1,511
  • Aug 15, 2008 11:42am Aug 15, 2008 11:42am
i do not understant eurusd more down but ej not down...
  • #1,512
  • Aug 15, 2008 1:15pm Aug 15, 2008 1:15pm
Don't Blame Yourself This Is Forex...
  • #1,513
  • Aug 15, 2008 1:27pm Aug 15, 2008 1:27pm
Quoting Bal_975
i do not understant eurusd more down but ej not down...

Watch UJ as well ... just cause EUR/USD is tankin doesnt mean EJ will tank as well ... UJ is close to its 10 month high.

If ur trying to find a pair to watch to determine EJ moves UJ is key.

-powered
  • #1,514
  • Aug 15, 2008 9:50pm Aug 15, 2008 9:50pm
This week is one of the sleekest and neatest week..by far...for me..

I am pretty blessed with 1326 pips for the week...I hope I calculated correctly(see the pic for urself)

The +ive pips contributed mainly by AUD/USD, EUR/JPY pair.....

Have a nice weekend!
sonic
  • #1,515
  • Aug 15, 2008 10:16pm Aug 15, 2008 10:16pm
Quoting poweredbuyer
Watch UJ as well ... just cause EUR/USD is tankin doesnt mean EJ will tank as well ... UJ is close to its 10 month high.

If ur trying to find a pair to watch to determine EJ moves UJ is key.

-powered
They both influence this pair.

EUR/JPY = EUR/USD x USD/JPY.

If you don't believe me, pull out your calculator and multiply the EU price by the UJ price.
  • #1,516
  • Aug 16, 2008 2:02am Aug 16, 2008 2:02am
Quoting NuckingFuts
They both influence this pair.

EUR/JPY = EUR/USD x USD/JPY.

If you don't believe me, pull out your calculator and multiply the EU price by the UJ price.
Really right! now eurusd=1.4687 usdjpy=110.49
1.4687x110.49=162.27 (now on my platform 162.34)

1.4800x109=161.32
when uj down ej down...
  • #1,517
  • Aug 16, 2008 3:04am Aug 16, 2008 3:04am
Quoting sonicdeejay
This week is one of the sleekest and neatest week..by far...for me..

I am pretty blessed with 1326 pips for the week...I hope I calculated correctly(see the pic for urself)

The +ive pips contributed mainly by AUD/USD, EUR/JPY pair.....

Have a nice weekend!
sonic
Great week Sonice! Great to see progress after last weeks nuclear clearing.
  • #1,518
  • Aug 17, 2008 11:01am Aug 17, 2008 11:01am
Quoting Bal_975
Really right! now eurusd=1.4687 usdjpy=110.49
1.4687x110.49=162.27 (now on my platform 162.34)

1.4800x109=161.32
when uj down ej down...
this calculation,sometimes,it's work,but sometimes is not...forex is not mathematical....
  • #1,519
  • Aug 17, 2008 3:24pm Aug 17, 2008 3:24pm
it s going down what the hell
  • #1,520
  • Aug 17, 2008 3:30pm Aug 17, 2008 3:30pm
[QUOTEit s going down what the hell][/quote]

I just entered long @161.96, lets see how is gonna go
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