What's your stoploss?
- | Joined Dec 2007 | Status: Only trade with acceptable risk. | 440 Posts
Never Trade without a defined risk, never, never, never.
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Im in love with eur/jpy! 0 replies
DislikedWell,
EUR/JPY is going up, so we have three possible scenarios:
1) EUR is strong
2) JPY is weak
3) EUR is strong and JPY is weak
We look at EUR/USD to see that it is ranging.
Thus EUR and USD are about as strong/weak as each other.
Ergo, JPY must be the currency that is weak to cause both EUR/JPY and USD/JPY to rise - if EUR/USD is doing nothing.
MagnusIgnored
DislikedWell,
EUR/JPY is going up, so we have three possible scenarios:
1) EUR is strong
2) JPY is weak
3) EUR is strong and JPY is weak
We look at EUR/USD to see that it is ranging.
Thus EUR and USD are about as strong/weak as each other.
Ergo, JPY must be the currency that is weak to cause both EUR/JPY and USD/JPY to rise - if EUR/USD is doing nothing.
MagnusIgnored
DislikedI see eurjpy move is being driven by jpy strength and recent pullback is because rebound in yen strength.
Will eurjpy continues its recent down trend? if it is where is the next target?
Any Idea.Ignored
DislikedI see eurjpy move is being driven by jpy strength and recent pullback is because rebound in yen strength.
Will eurjpy continues its recent down trend? if it is where is the next target?
Any Idea.Ignored
Disliked...From last nights bottom of 126.95, midway through the asian session, to the current top of 130.66, is a 371 pip move (this would've closed my shorts at breakeven if I hadn't taken profits first).Ignored
DislikedOut of interest, would it have stopped out your shorts if you left your initial SLs where they were and not setting to BE?
I find this happens a lot.
Price will come back up to my entry.
MagnusIgnored