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EURJPY

  • #1
  • First Post: Edited 6:32pm Dec 23, 2009 5:57pm | Edited 6:32pm
And then we slowed down, this is a good probability trade.

Tokyo opens in 3 minutes and FX market closes in 7 hours....
Anyways, tokyo was closed yesterday (highest regulated market). So they should be eager to move the market...

Good news for manufacturing also, so Yen should show some strength....


Futures are up 0.5%
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  • #2
  • Dec 23, 2009 6:11pm Dec 23, 2009 6:11pm
Hello Larseg,

I opened EURJPY Anytime thread,you dont need this thread...


Cheers and Happy piping
"Buy on fear, sell on greed !!!
  • #3
  • Dec 23, 2009 6:33pm Dec 23, 2009 6:33pm
Quoting Petar_Serbia
Hello Larseg,

I opened EURJPY Anytime thread,you dont need this thread...


Cheers and Happy piping

This is a thread you need to be vouched for to post in...

cheers
  • #4
  • Dec 24, 2009 12:04am Dec 24, 2009 12:04am
Quoting Larseg
And then we slowed down, this is a good probability trade.

Tokyo opens in 3 minutes and FX market closes in 7 hours....
Anyways, tokyo was closed yesterday (highest regulated market). So they should be eager to move the market...

Good news for manufacturing also, so Yen should show some strength....


Futures are up 0.5%


We are now up 30+ So I will move SL to break even in one hour (because that's my 4H close bar).


Happy christmas all!
  • #5
  • Dec 25, 2009 1:22am Dec 25, 2009 1:22am
Monday's trading action...
SL 132.73
Adding on shorts up until 132.3 (3 times)
Tp around 128...

What do you guys think?
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  • #6
  • Dec 27, 2009 8:01am Dec 27, 2009 8:01am
I agree, eurgbp is in the strong resistance zone right now

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trade using endrew's pitchfork
  • #7
  • Dec 28, 2009 2:27am Dec 28, 2009 2:27am
Quoting errich fx
I agree, eurgbp is in the strong resistance zone right now

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trade using endrew's pitchfork
Yes, fingers crossed

Adding on short with SL at 131.92 (last 13 days high).

Looking at the news release for JPY Industrial production up and cash earnings down... But cash earnings worse than predicted, retail sales better than predicted so we should be in a trading range rather than trending... also with England closed...

But hey! I have been wrong before
  • #8
  • Dec 30, 2009 2:46am Dec 30, 2009 2:46am
A really good probability trade from here...

This is how I see it....
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  • #9
  • Dec 30, 2009 10:47am Dec 30, 2009 10:47am
Quoting Larseg
A really good probability trade from here...

This is how I see it....

Exit taken 44 pip profit risked 10 pips...

Not sure what to do next... anyone waiting for a breakout or resistance reversal?
  • #10
  • Last Post: Dec 31, 2009 1:55am Dec 31, 2009 1:55am
Going long for 50 pips... SL below 1H bar....

What do you guys think?


Look at this position summary, i could swear that there weren't that many longs yesterday... (above the current price)

Is it all fixed?
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