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

  • #601
  • May 20, 2009 4:50am May 20, 2009 4:50am
Quoting chonchy
I got stop, not fair, I was so close to one of my target of 131.07, i could have taken profit at 130.97 but greed is a powerfull indicator
when did you go long? which level?
maybe next hour we might see 131.25
there might be an opportunity to go long.
  • #602
  • May 20, 2009 5:01am May 20, 2009 5:01am
Quoting Galatasaray
i hope you did not close your order at -11 pips because i said shorting would not be safe .. It was just an opinion... Just my way of saying my studies are not safe to go short.
look at my charts if you wish.
happy trading bro...
i hope i did not mislead you or anything.
Hey bro, no you did not mislead me or make me change my decision. I can see from my own chart right now its hesitating to move up or down. Id rather get out of market now with -11 pip than risk losing 40pip stop loss.

Eurjpy is very slow at the moment. i made a lot of pip from frankfurt and london candle.
prepare for worst & expect the best
  • #603
  • May 20, 2009 5:01am May 20, 2009 5:01am
ok i went long at 130.74 but guys please do not follow me just cause i went long
my account is flexible and i might wait even if the pair goes around 129.70 and it would still not hurt my account.
any way
my TP is 131.20.
let's see how it plays.

also notice the bunch of EMAs i have. they can prove as nasty supports.
Attached Image
  • #604
  • May 20, 2009 5:18am May 20, 2009 5:18am
the pair went as high as 130.86 after i entered long but so far there is not a real velocity.
I am keeping a close eye to this trade. If the price reaches to 131 i will probably put my SL to break even or close the trade totally.
  • #605
  • May 20, 2009 5:28am May 20, 2009 5:28am
long 130.65
  • #606
  • May 20, 2009 5:31am May 20, 2009 5:31am
Quoting Galatasaray
when did you go long? which level?
maybe next hour we might see 131.25
there might be an opportunity to go long.
i went long at 130.80, got stop at 130.90, looking to get in again at a lower level
The Chonchy
  • #607
  • May 20, 2009 5:35am May 20, 2009 5:35am
Quoting free4440273
long 130.65
me tree
The Chonchy
  • #608
  • May 20, 2009 5:37am May 20, 2009 5:37am
my only worry about long. is the weekly trend.
it already hit the median line of the uptrend yesterday.
but other than that i still have a good long setup.
131.20 is still my target.
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  • #609
  • May 20, 2009 5:38am May 20, 2009 5:38am
Quoting chonchy
me tree
Free do you scalp any other pairs?
The Chonchy
  • #610
  • May 20, 2009 5:38am May 20, 2009 5:38am
also notice how the pair bounced from the 200 EMA.. 200 EMA can sometimes act as a major level. either as support or resistance.
as long as we are above it all is good.
but if we go lower than the 200 EMA than its not good.
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  • #611
  • May 20, 2009 5:43am May 20, 2009 5:43am
Quoting chonchy
Free do you scalp any other pairs?
eur/usd and Cable .
  • #612
  • May 20, 2009 5:46am May 20, 2009 5:46am
Quoting free4440273
long 130.65
exit 130.80
  • #613
  • May 20, 2009 5:46am May 20, 2009 5:46am
its moving up.
if i see 131.00 since it will be a psych level i will put my SL to BE...
  • #614
  • May 20, 2009 5:47am May 20, 2009 5:47am
Quoting free4440273
exit 130.80
ah mann
just about to go higher.
  • #615
  • May 20, 2009 5:49am May 20, 2009 5:49am
at got stop at 91 again, I can't beleved, oh well next time
The Chonchy
  • #616
  • May 20, 2009 5:50am May 20, 2009 5:50am
all is cool guys.
i moved my SL to BE when it reached 131.00
and than it moved a few pips above but decided to close it manually.
I would hold on until 131.25 if the weekly chart had enough room to go up.
anyway 27 pips is nott bad.
  • #617
  • May 20, 2009 5:50am May 20, 2009 5:50am
the eur/usd yes free, but the cable not, thanks, you got almost 20 pips free
The Chonchy
  • #618
  • May 20, 2009 5:53am May 20, 2009 5:53am
Quoting Galatasaray
all is cool guys.
i moved my SL to BE when it reached 131.00
and than it moved a few pips above but decided to close it manually.
I would hold on until 131.25 if the weekly chart had enough room to go up.
anyway 27 pips is nott bad.
bit me for one pip budy 26 here
The Chonchy
  • #619
  • May 20, 2009 5:54am May 20, 2009 5:54am
Quoting chonchy
bit me for one pip budy 26 here
but i am telling you
i still believe it will go to 131.20 before deciding the direction again.
but its not worth the risk anymore.
  • #620
  • May 20, 2009 5:58am May 20, 2009 5:58am
Quoting chonchy
the eur/usd yes free, but the cable not, thanks, you got almost 20 pips free
Pathetic 20 pips :o
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