EUR/JPY Anytime! | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Buy/Sell anytime and set forget 37 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

eur/usd, eur/jpy, usd/jpy average 0 replies

Does the gbp/jpy eur/jpy follow the DOW? 8 replies

Correlations- USD>JPY-DOW, EUR/JPY Follows etc 12 replies

Attachments: EUR/JPY Anytime!
Exit Attachments

EUR/JPY Anytime!

  • #161
  • Nov 25, 2009 2:22am Nov 25, 2009 2:22am
Anyone notice this double bull div?
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 35 KB
  • #162
  • Nov 25, 2009 2:30am Nov 25, 2009 2:30am
Once again EJ fails to pass 132.63. 5th attempt in 24hrs. Must go down now?
  • #163
  • Nov 25, 2009 2:39am Nov 25, 2009 2:39am
Quoting DubaiTrader
Once again EJ fails to pass 132.63. 5th attempt in 24hrs. Must go down now?
Why don't you sell then?
  • #164
  • Nov 25, 2009 2:43am Nov 25, 2009 2:43am
Quoting sinner-
Why don't you sell then?
Because none of my strategies are indicating a sell just yet. Merely a personal opinion having failed to clear a certain level.

Sorry for voicing an opinion!
  • #165
  • Nov 25, 2009 3:18am Nov 25, 2009 3:18am
Whoosh it goes!
  • #166
  • Nov 25, 2009 4:04am Nov 25, 2009 4:04am
Wow! That was nice EJ....
Patience is the key actually... I was holding the shorts from yesterday...

I exit.... Nice pips..
ABCD..
  • #167
  • Nov 25, 2009 8:37am Nov 25, 2009 8:37am
Quoting sreeprakash
Wow! That was nice EJ....
Patience is the key actually... I was holding the shorts from yesterday...

I exit.... Nice pips..
Congrats. I trade this pair exclusively and I've been frustrated watching the 131.70-132 level hold over and over and over again defying all sense and logic haha. it finally broke

any targets on the shorts?
  • #168
  • Nov 25, 2009 10:12am Nov 25, 2009 10:12am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting cornelluva
Congrats. I trade this pair exclusively and I've been frustrated watching the 131.70-132 level hold over and over and over again defying all sense and logic haha. it finally broke

any targets on the shorts?
After breaking the the 131.70 and even the 131.56 support I think we will see some more down now.
Went short again after the current retrace. I see no more bigger support to stop the way down now... 129 area from beginning of october would be nice
But I am too much "chicken" to let it run with that TP directly.
what do you think?

Will just watch it closely and have my SL in a tight position.

Good luck everyone!
"Blue Horseshoe loves Anacott Steel!"
  • #169
  • Nov 25, 2009 10:31am Nov 25, 2009 10:31am
I've got some short orders in at successive highs on the H1. Personally the 131 level has been making me nervous for a while. If that breaks I think 129 is a reasonable target. The best entry I can imagine is a pullback up to around 133.4 confirmed by some lower highs on H1. Hopefully I won't keep playing the downward momentum when it's no longer there haha.
  • #170
  • Nov 25, 2009 11:46am Nov 25, 2009 11:46am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting cornelluva
Congrats. I trade this pair exclusively
any targets on the shorts?
As you are more into that pair:
I am a bit confused about correlation of eur/usd and eur/jpy. If there is any
At least not at all today as it looks to me.
USD/JPY boost would have been a nice short today then.

http://www.mataf.net/cache/graphes/0...26a291cadb.png

http://www.mataf.net/cache/graphes/e...2f62591eb6.png
"Blue Horseshoe loves Anacott Steel!"
  • #171
  • Nov 25, 2009 12:45pm Nov 25, 2009 12:45pm
Quoting Tuner
As you are more into that pair:
I am a bit confused about correlation of eur/usd and eur/jpy. If there is any
At least not at all today as it looks to me.
USD/JPY boost would have been a nice short today then.

http://www.mataf.net/cache/graphes/0...26a291cadb.png

http://www.mataf.net/cache/graphes/e...2f62591eb6.png
Wow I just pulled up a chart of EUR/USD for the first time in weeks...very pretty price action, almost makes me want to switch over for a while. Yea it looks to me like E/J and E/U diverged a little while ago as the dollar weakened relative to the yen.

As far as correlations my rationale for not trading both E/J and E/U is that doing so would be redundant, as the yen and dollar are both usually "flight to safety/quality" currencies that track the inverse of the equity markets. Also, the correlations vary over time. For some periods of time the correlation will be very strong, and at others it will be very weak or in between. For those that are into trading strong trends the e/u looks to have the nicest momentum right now.

In fact you've got me considering jumping the e/j ship for a bit haha.
  • #172
  • Nov 25, 2009 12:48pm Nov 25, 2009 12:48pm
Ok along with my previous post. Is it just me or do the USD pairs always look significantly more rectangular than the JPY pairs??
  • #173
  • Nov 25, 2009 4:08pm Nov 25, 2009 4:08pm
EURJPY too flat today...Range about 50 pips very low...
"Buy on fear, sell on greed !!!
  • #174
  • Nov 25, 2009 6:12pm Nov 25, 2009 6:12pm
Is anyone trying to go long around 131?
  • #175
  • Nov 25, 2009 6:42pm Nov 25, 2009 6:42pm
Quoting cornelluva
Is anyone trying to go long around 131?
Hmm i think maybe we will see Up now on Asia session !!
"Buy on fear, sell on greed !!!
  • #176
  • Nov 25, 2009 7:44pm Nov 25, 2009 7:44pm
Quoting Petar_Serbia
Hmm i think maybe we will see Up now on Asia session !!
I've bracketed this now narrowing range so I'm waiting to see what happens.
  • #177
  • Nov 25, 2009 10:08pm Nov 25, 2009 10:08pm
wow...carnage.
  • #178
  • Nov 25, 2009 11:01pm Nov 25, 2009 11:01pm
I get 12 pips and it goes down 100
  • #179
  • Nov 25, 2009 11:17pm Nov 25, 2009 11:17pm
I think you guys remember when i said about 131.00 target..
I closed far earlier than that, also price played big time...
132.60 - 131.00 achieved in 3 days...

Glad I got some of its pips...
Now playing with gbpusd...
EurJpy trend is not clear for me...
ABCD..
  • #180
  • Nov 25, 2009 11:21pm Nov 25, 2009 11:21pm
Quoting sreeprakash
I think you guys remember when i said about 131.00 target..
I closed far earlier than that, also price played big time...
132.60 - 131.00 achieved in 3 days...

Glad I got some of its pips...
Now playing with gbpusd...
EurJpy trend is not clear for me...
It should react back upwards I think- then down some more-

Getting in on the reaction here- 130.86 then up to 131.11 are the fibo levels-
1 trader viewing now