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Daily EUR/JPY analysis

  • #2,161
  • Mar 13, 2009 9:12am Mar 13, 2009 9:12am
i think if it still move up to 127.55 it mean move up hehee weekly chart
i still long
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be patient, self-belief and discipline... stay focus...
  • #2,162
  • Mar 13, 2009 9:15am Mar 13, 2009 9:15am
oops i have post wrong chart hehee , here my chart...started long at 123.01 til now
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be patient, self-belief and discipline... stay focus...
  • #2,163
  • Mar 15, 2009 7:44pm Mar 15, 2009 7:44pm
long. no more, no less.
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  • #2,164
  • Mar 16, 2009 12:37pm Mar 16, 2009 12:37pm
Around 16 Hours later. Trade is still alive. Cheers.
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  • #2,165
  • Mar 17, 2009 12:39am Mar 17, 2009 12:39am
hai guys....its make go short for a while...127.14 or will down again at 126.66..just look n see, here my chart
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be patient, self-belief and discipline... stay focus...
  • #2,166
  • Mar 17, 2009 2:05am Mar 17, 2009 2:05am
Good Morning. Still holding long from March 15th. Cheers.
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  • #2,167
  • Mar 17, 2009 6:21pm Mar 17, 2009 6:21pm
Quoting radit27
hai guys....its make go short for a while...127.14 or will down again at 126.66..just look n see, here my chart
I just looked and took your money Dont worry you are not the only one...

IŽm still long on this pair, decided to hold one more day.
Chart attached. (Right = Daily)

Cheers.
Attached Image(s) (click to enlarge)
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  • #2,168
  • Mar 18, 2009 9:25am Mar 18, 2009 9:25am
i thought the trend will bearish to 127 if the trend crossed 128.08...but if the trend still bullish and crossed 129.42,i thought it'll bullish to 130..
  • #2,169
  • Edited 6:10pm Mar 18, 2009 12:35pm | Edited 6:10pm
Quoting faizfakhirin
i thought the trend will bearish to 127 if the trend crossed 128.08...but if the trend still bullish and crossed 129.42,i thought it'll bullish to 130..
130.0000 is possible.. but also possible price breaks thru 130.0000 and continues the daily trend. Time will tell. Just wait for daily close. Position is secure, SL = BE. So doensŽt matter.. enjoy riding..
Cheers.
  • #2,170
  • Mar 18, 2009 5:12pm Mar 18, 2009 5:12pm
Hi Guys

I am looking for some help with a possible entry to this pair.. I am fairly new to Forex and I can see that there is definately an up trend and heading for 130 maybe even 131 but I can't see when is a good time to enter this trade.. thank you.

Can someone indicate or show a technique that I may use to predict a good entry point?
_______________ Say Good-bye to Buy-and-Hold
  • #2,171
  • Mar 18, 2009 6:17pm Mar 18, 2009 6:17pm
Quoting deltaworld
Hi Guys

I am looking for some help with a possible entry to this pair.. I am fairly new to Forex and I can see that there is definately an up trend and heading for 130 maybe even 131 but I can't see when is a good time to enter this trade.. thank you.

Can someone indicate or show a technique that I may use to predict a good entry point?
Deltaworld, wrong forum. Check 'Trading Systems'.
  • #2,172
  • Mar 18, 2009 11:30pm Mar 18, 2009 11:30pm
I'd be happy with another entry at 127.62, if it comes back. there should be a bounce from there, but who knows how big?
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FF journal: Peaks and Troffs
  • #2,173
  • Mar 19, 2009 5:26am Mar 19, 2009 5:26am
For the most part of the morning, E/J looks to be ranging within it's Pivot Point & Mid-Pivot Point Levels. Becasue of yesterday's E/U action, I'm not entirly sure where the market will take us today. E/J continues to 'ride" the uptrend angle, slowly.
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  • #2,174
  • Mar 19, 2009 10:05am Mar 19, 2009 10:05am
Quoting Jhig
For the most part of the morning, E/J looks to be ranging within it's Pivot Point & Mid-Pivot Point Levels. Becasue of yesterday's E/U action, I'm not entirly sure where the market will take us today. E/J continues to 'ride" the uptrend angle, slowly.
Right Jhig, seems Market wanna go up slowly, decided to hold till daily close. Hope youŽll find your entry. Time will tell. Many Pips for you.
  • #2,175
  • Mar 19, 2009 10:13am Mar 19, 2009 10:13am
Quoting Jhig
For the most part of the morning, E/J looks to be ranging within it's Pivot Point & Mid-Pivot Point Levels. Becasue of yesterday's E/U action, I'm not entirly sure where the market will take us today. E/J continues to 'ride" the uptrend angle, slowly.
there is a trade posted on babypips, now live since the pair broke 130 yesterday, to short..... down to 127 then maybe down to 122....however you guys seem to be calling it long according to your charts..Any thoughts ?
  • #2,176
  • Mar 19, 2009 7:25pm Mar 19, 2009 7:25pm
Quoting jub1
there is a trade posted on babypips, now live since the pair broke 130 yesterday, to short..... down to 127 then maybe down to 122....however you guys seem to be calling it long according to your charts..Any thoughts ?
I saw the exact same post, and decided to enter short a few micro lots at 129.00 with the exact same SL's and PT's. Not very good risk reward ratios, but it looks good for a bounce back downward.
"Don't work for your money, but let money work for you."
  • #2,177
  • Mar 20, 2009 5:11am Mar 20, 2009 5:11am
i saw the uptrend but with slowly..but the bullish is on sideway now...so afraid...i thought it will down to 127.50 and rebound to 131++....but jpy look like wanna strong back..
  • #2,178
  • Mar 20, 2009 10:20am Mar 20, 2009 10:20am
Hi everyone, I haven't been following this thread, but saw this pair is near the 1.31 level I have marked as resistance (on daily chart) -- I'm looking at shorting from this level -- was just curious to hear a few others' opinions on the pair as I don't trade this pair very often.

Happy Trading!

JC
  • #2,179
  • Edited 10:56am Mar 20, 2009 10:33am | Edited 10:56am
Quoting jchronic34
Hi everyone, I haven't been following this thread, but saw this pair is near the 1.31 level I have marked as resistance (on daily chart) -- I'm looking at shorting from this level -- was just curious to hear a few others' opinions on the pair as I don't trade this pair very often.

Happy Trading!

JC
Im still bullish (since monday) until the end of friday trading day. ThereŽs still many up pressure IMHO. Let your profits run
  • #2,180
  • Mar 20, 2009 12:28pm Mar 20, 2009 12:28pm
Thanks for your thoughtful insights Suspect
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