Daily EUR/JPY analysis

No brother, don't worry, I can take criticism, no harm done
At the moment it's not looking that good for me, but I'll keep my stops and target intact.
I would love to post my chart here, but I'm new, still have to find my way around.
Good luck with your trade bro

Seems price want to turn. Moved SL = BE. Looks good for you mate, good luck!

Boy, she's taking off. Btw, how come this thread is so quiet? It's just us! Is it usually like this?

Don´t know but isn´t important. Every1 is welcome to join us I just need my charts

Thanks Ladys and Gentleman, TP reached.

Man that is some move. Nice trade on your part bro.That's gonna look really good on the account balance. Congrats.
I'm gonna let this one stop me out by itself. I'm off to bed now. See you man

Thanks alot mate, I´m done for today. Sleep tight. see ya

Anyway bro, this is my chart. Found out how to post it up. Looks like I'm handed a lifeline. Let's see how that holds.
Now I'm really off to bed! See ya

may be can cross over the mid trendline and touch the top trendline...

I'd like to see this first:

The playground is looking alot like this at the moment:

Actually, it may be more like this:

Because, my first pic suggests a triangle is forming.

There's no evidence of a triangle, only the suggestion of one.

We can't count something that's not there, atleast not yet.

Another note on this:

EuroYen is one of the most watched pairs in the world.
I'm looking at it, you're looking at it, millions of people are all looking at it.

We have a bit of a paradox here in that, "..okay, I see a triangle forming..."
"...triangles are terminal patterns (usually) and that means E/J going lower.."

But, we actually don't have the triangle properly formed yet, if one is forming at all,
so patience is key.

Without the ABCDE, with an "E" that typically breaks outside, only to fail at resistance
and then print lower prices and post some kind of bottom, we don't have the components
necessary to either say the correction is over and a drop is coming or
a bottom is in place and a correction (UP) is coming. It's still too soon to tell.

This is a case where a thinking technician can be too smart by half and undue themselves.

Of course these issues will likely be resolved within the next session or so.
Therefore, once again, patience is key.

In the meantime, the path of least resistance is down, rallies will get sold and sell stops
are still in the crosshairs until the market indicates otherwise. It is a risk-heavy proposition
to look for a couple hundred pips corrections up amidst several hundred pip declines.
The big picture can not be ignored: market is dropping, but the extra pipage is still very tempting.

I popped longs twice last week from the 113 level, but in no way did my opinion change
about the overall condition of the current downtrend. I can't see it differently until the market
indicates otherwise. Short term recoveries that continually get sold followed by fresh lows
are no case to be made for long positions. Only higher highs and higher lows would change that.

Just thought I'd chime in. Thanks.

The more you look at this, it actually gets worse the further out you look:

ECB and BOJ have a real problem on their hands.

It's way too early to talk about just yet, but 100 YEN to the Euro is the kind of talk
that would force both central banks to do something. Let's start a rumour.

Another view, still more of the same.

Alrite gmorning guys. My short position from last week had it's limit hit first thing in the morning. The price gap stopped just 6 pips below my target. That's a healthy 100 pips gained . Almost had my ass handed to me last friday by the big move up, it almost triggered my stops. Lucky me the pip gods are in a very good mood.
Happy trading guys.

One position opened about 2 hours ago 115.475. Tighter sl @ 115.95 ( which had been ammended to 115.40 about 10 minutes ago, ) target for me is @ 112.95
At this point, I'm already up by 130 pips. But with the news from BoJ coming in abt 10 minutes this could get ugly real fast. Fingers crossed tho.

sl triggered with +5 pips. Staying out for now. Happy trading guys.

Took a short @ 117,77, sl @ breakeven.

Looking at 116.86 as first target. Will look for another short during US session if it rebounds from there.

shorted it also at 117.29, looking for at least 100 pips