If you love the EUR/JPY and you know it... clap your hands! | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/JPY

Similar Threads

Your own HOLY Grail (and how you know you've found it) 19 replies

Trade What You Know and Know What You Trade 4 replies

Know Yourself, Know Your Setup, by Boris Schlossberg 9 replies

dont fall in love with your daily return 11 replies

Im in love with eur/jpy! 0 replies

Attachments: If you love the EUR/JPY and you know it... clap your hands!
Exit Attachments

If you love the EUR/JPY and you know it... clap your hands!

  • #141
  • Apr 28, 2009 11:46pm Apr 28, 2009 11:46pm
I went long.
  • #142
  • Apr 29, 2009 12:26am Apr 29, 2009 12:26am
last pull down. to almost 127.40 and hit my fib retrace .382 and maybe .500 @127.67 if .618 is broke. Going long but if .618 is touched looking for short
  • #143
  • Apr 29, 2009 1:34am Apr 29, 2009 1:34am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Well, the gap has yet to close.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_1.gif Size: 31 KB
  • #144
  • Apr 29, 2009 1:39am Apr 29, 2009 1:39am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
The Asia movement was absolutely clinical.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_2.gif Size: 20 KB
  • #145
  • Apr 29, 2009 1:43am Apr 29, 2009 1:43am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
The horizontal lines marked here were drawn on the down-movement on Monday. It is easy to see price react to the exact levels on the way up.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_3.gif Size: 21 KB
  • #146
  • Apr 29, 2009 1:49am Apr 29, 2009 1:49am
here's the current picture. Channel says down, but gap not closed yet. Ignore all the buy/sell lines.
Attached Image (click to enlarge)
Click to Enlarge Name: trades.gif Size: 22 KB
TRADE FOR SWAP
  • #147
  • Apr 29, 2009 1:53am Apr 29, 2009 1:53am
further to previous chart - I have a fully hedged EJ position and want to close it off and look for at least BE. Could close the long positions at gap closure/R3, or close at a loss at UTL and open another short - RISKY.
TRADE FOR SWAP
  • #148
  • Apr 29, 2009 2:04am Apr 29, 2009 2:04am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting cgldsmth
further to previous chart - I have a fully hedged EJ position and want to close it off and look for at least BE. Could close the long positions at gap closure/R3, or close at a loss at UTL and open another short - RISKY.

You're looking to close one side of the hedge and leave the other running with SL at BE?
  • #149
  • Apr 29, 2009 2:04am Apr 29, 2009 2:04am
TP at BE.
TRADE FOR SWAP
  • #150
  • Apr 29, 2009 2:17am Apr 29, 2009 2:17am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Trendline!
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_4.gif Size: 22 KB
  • #151
  • Apr 29, 2009 2:18am Apr 29, 2009 2:18am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting cgldsmth
TP at BE.

Ah, gotcha.
  • #152
  • Apr 29, 2009 2:21am Apr 29, 2009 2:21am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Some great levels lining up with Fibs and round numbers.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_5.gif Size: 22 KB
  • #153
  • Apr 29, 2009 2:28am Apr 29, 2009 2:28am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
PnF support areas.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_6.gif Size: 60 KB
  • #154
  • Apr 29, 2009 3:03am Apr 29, 2009 3:03am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting yorkie
I'm thinking that E/Y goes to the north. to 127,20. It's only my think. What's You think??

Well, yorkie, we got 127.20...


Magnus
  • #155
  • Apr 29, 2009 3:07am Apr 29, 2009 3:07am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Doing a bit of boxing just now.

128.00 is the area to watch; 3 rejections so far - and you know what "they" say about the 4th attempt?...
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_7.gif Size: 23 KB
  • #156
  • Apr 29, 2009 3:22am Apr 29, 2009 3:22am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
.65 is a very clear price-pivot right now.

I'm watching to see if we get above .65, and are supported there.

Sunday gap close could very well be on soon if we break convincingly above 128.00.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_8.gif Size: 18 KB
  • #157
  • Apr 29, 2009 4:23am Apr 29, 2009 4:23am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Price never even looked back after breaking up through .65
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-04-29_eurjpy_9.gif Size: 19 KB
  • #158
  • Apr 29, 2009 4:24am Apr 29, 2009 4:24am
gap closed. Have closed my longs for slight profit. Now have a hefty short in the red. Now what happens??????????
TRADE FOR SWAP
  • #159
  • Apr 29, 2009 4:48am Apr 29, 2009 4:48am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
umm... ...coin flip?
  • #160
  • Apr 29, 2009 5:10am Apr 29, 2009 5:10am
Quoting cgldsmth
gap closed. Have closed my longs for slight profit. Now have a hefty short in the red. Now what happens??????????
What price is your short at? There is a chance it will turn now.

Price is at the top of it's daily avg range. Doesn't mean much but worth a mention. Currently stalling at R2. But I would not be surprised if this short term trend pushed to 129.30.

JC
1 trader viewing now