Daily EUR/JPY analysis | Page 100 | 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

  • #1,981
  • Feb 17, 2009 8:51am Feb 17, 2009 8:51am
Nice work junex. Good to see everyone's making
Anyway, besides having to trade cable atm, I can't seem to make any trades right now because I am seeing euro yen ranging in a triangle which is getting tighter by the day. I will trade it once there is a clear breakout. Anyone else sees this? I have attached the chart. It's marketscope btw, my meta trader is acting funny atm.
Attached Image (click to enlarge)
Click to Enlarge Name: ej.JPG Size: 109 KB
Thank You
  • #1,982
  • Feb 17, 2009 10:05am Feb 17, 2009 10:05am
Quoting wormboy
Nice work junex. Good to see everyone's making
Anyway, besides having to trade cable atm, I can't seem to make any trades right now because I am seeing euro yen ranging in a triangle which is getting tighter by the day. I will trade it once there is a clear breakout. Anyone else sees this? I have attached the chart. It's marketscope btw, my meta trader is acting funny atm.
Thanks wormboy i didnt see it..I will pay attention on this one..
  • #1,983
  • Feb 17, 2009 10:44am Feb 17, 2009 10:44am
you're welcome my friend. I'm keeping a close watch too. Hope it doesn't make any sudden move till I get to lock in my cable entries tho
Thank You
  • #1,984
  • Feb 17, 2009 4:23pm Feb 17, 2009 4:23pm
I am going short here again.
  • #1,985
  • Feb 18, 2009 4:29am Feb 18, 2009 4:29am
Quoting junex
I am going short here again.
hi junex,
what level was "here"? we still appear to be in this 4hr wedge.
  • #1,986
  • Feb 18, 2009 6:19am Feb 18, 2009 6:19am
now that you've mentioned it, how did the trade go junex? Hope you made
gabriel, scalping heaven there mate. Not taking any positions?
Thank You
  • #1,987
  • Feb 18, 2009 6:28am Feb 18, 2009 6:28am
hello Azim,

Good to see you. I took longs in both EU and EJ last night, but not posted so won't comment on them... though I do use the EJ as a barometer for my EU trades.

I'm working on my longer TF trades as you know, but it's a work in progress I'm getting better at "seeing" the moves, but until my demo on these trades shows solid profit month over month I'll keep those views to myself so as not to influence any new traders' views.

My bread and butter is scalping however, and I'm not very good at trading and posting of yet... but you can bet, that if I'm online I'm scalping
  • #1,988
  • Feb 18, 2009 8:17am Feb 18, 2009 8:17am
here's what I'm looking at for the longer TF trade... while within the wedge/triangle I favor retest of lows.

Disclaimer: longer term trades by noblehobo are not to be taken as "set in stone" trades... I'm still working on my larger TF trades ya'll
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_18_feb_09.png Size: 94 KB
  • #1,989
  • Feb 18, 2009 8:35am Feb 18, 2009 8:35am
Good to see you too my friend. I am keen to know how the demo trades pan out for you later on. So do keep us updated I can understand you not being able to post & trade at the same time. Scalping needs to be attended to, contrary to the way I trade. But this past few days had been disastrous in terms of positioning. Not many clear directions. Although EU had sell signal given out on the 15th after the breakout. Which eventually led to the plunge. Too bad I don't trade that pair! Have a good one mate. Cheers
Thank You
  • #1,990
  • Feb 18, 2009 8:39am Feb 18, 2009 8:39am
took long @117.21 (break out from scalp line on @116.982) take 35 pips!

Happy trading!

scorp!
  • #1,991
  • Feb 18, 2009 9:31am Feb 18, 2009 9:31am
Quoting scorpionFX
took long @117.21 (break out from scalp line on @116.982) take 35 pips!

Happy trading!

scorp!
nice! that's my style of trading too... yes it's true, I love a quickie
  • #1,992
  • Feb 18, 2009 11:00am Feb 18, 2009 11:00am
Wedge within a wedge... break targets upside wedge... obviously
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_18_feb_09_02.png Size: 105 KB
  • #1,993
  • Feb 18, 2009 12:05pm Feb 18, 2009 12:05pm
yea I saw that too mate. Have my eye on this now that order for cable had been placed.
Getting tight innit. Wouldn't want to be on the wrong side once it spills
Thank You
  • #1,994
  • Feb 18, 2009 12:21pm Feb 18, 2009 12:21pm
Quoting wormboy
yea I saw that too mate. Have my eye on this now that order for cable had been placed.
Getting tight innit. Wouldn't want to be on the wrong side once it spills
been scalping the rejections and has been nice, but you're right... being on the wrong side of this move could prove costly

I'll search back to see what your Cable trade is/was... happy trading my friend
  • #1,995
  • Feb 18, 2009 12:37pm Feb 18, 2009 12:37pm
Good to know you've been making mate
I'm still waiting to get paid .. big. Hahaha. Managed to bank in 320 from cable and I think 20+ from euro yen this week. I hate it when it ranges. Have not felt this tired from waiting for quite some time now, LOL.
Thank You
  • #1,996
  • Feb 18, 2009 1:07pm Feb 18, 2009 1:07pm
Shorted at 116.18 now -150pips in the red.. is a downward movement likely anytime soon?
  • #1,997
  • Feb 18, 2009 1:18pm Feb 18, 2009 1:18pm
Quoting jchng4
Shorted at 116.18 now -150pips in the red.. is a downward movement likely anytime soon?
i think is coming right now but not so strong..
  • #1,998
  • Feb 18, 2009 1:21pm Feb 18, 2009 1:21pm
hopefully, i have my stop at 119.40 and limit set at 115.00, keeping my fingers crossed
  • #1,999
  • Feb 18, 2009 1:23pm Feb 18, 2009 1:23pm
jchng4 : it's still ranging in within the 4hr triangle/wedge or whatever you call it. I think you might want to load that particular chart up for a better picture where it's headed. Good luck to you
Thank You
  • #2,000
  • Feb 18, 2009 1:27pm Feb 18, 2009 1:27pm
119.4? by the time it reaches that price, it'll be on the upside of the wedge. I think most of us here would be long by then.
Thank You
0 traders viewing now