EUR/JPY Anytime!

Patiance is good


I know this scenarcio 3 days ago but now is a true

Hello bro,

I didnt trade today i was very busy,i will looiing for good retracace of my lines or maybe broke

What up ?

Just see my previose post

I think I am done for today, started with little loss but then got my 60 pips out of one trade. I was about to post my call in this thread which was - sell us500(future), but I felt asleep.. 5 min ago I woked up, opened up my charts and see 180 pips bear candle and those 60 pips in my pocket..

anybody knows why jpy currency is so strong in the last hour? any news?

As I heard on cnbc I think traders are getting nervous about the obama speech about banks so they wanna invest into a save currency which would be yen or dollar(these two currencies have a status of a "save heaven".. but there has been negative data for usd today, that could be a reason why on this pair USDJPY is yen ralling.. this is the way i think

Wow! it worked perfect, I closed the sorts very early on first spike itself. very bad, but I am getting better

This maybe can help


The Japanese central bank has a long record of failure in its primary duty of maintaining price stability, which most economists define as an annual increase in the consumer price index of 1% to 2%. Since gaining its statutory independence from the Ministry of Finance in 1998, the BOJ has never attained that goal. The economy languished in deflation from 1999 until 2006, when the global economic bubble pushed up the cost of oil, metals and other imported goods. Then two years later the bubble imploded, international prices started decreasing, and Japan's CPI descended again into negative territory.

There are multiple reasons for the BOJ's poor performance. The main political factor is the central bank's determination to assert its autonomy by resisting pressure for easy money. The foremost economic factor is the inadequate demand that has bedeviled Japan for nearly 20 years, impairing the efficacy of such conventional monetary mechanisms as interest rates and reserve ratios. So when the banking system approached collapse a decade ago, the BOJ was compelled to pioneer what is now called "quantitative easing"—large-scale purchases of commercial paper, government and corporate bonds, equities and other securities—to improve credit conditions and safeguard the financial sector.

Another buy loss followed by a double sell win.
Don't think I had this template on the chart when I made the buy trade, but think I'm going to start using it more often.

Took fast 60 pips on GBPJPY

Bought at 127.70 with Sl 50 and Tp open


Risk just 2 % of my balance

I waiting for this two days buhahaha

Looks like it's going to be a slow up hill battle though Peter, but there is a bullish outside vertical bar identified by the Price action indi, (the red stars on this chart) so maybe 130.94 will be a good target if & when it starts going back up again. I'll be watching.... :nerd:

Took another buy at 127.45

Hey there Petar...
Did your first trade from 127.70 hit the SL @ 127.20? or moved it a bit?
I think we finally bounced off there now...
I am long with you from 127.45.. SL for me just below the Low @ 127.13..
Should finally be a move up now.. but let's watch.

I place wrong SL and hit my Sl but its ok small size

Now i will waiting to see what will hapen with this buy

I add another buy,i will waiting first for 50 pips TP and second TP open...

Looks like a hard struggle at this low level now.. Yen seems strong.
Think I will go out drink a beer now and let it run..instead of watching the chart all the time
If my trade is still alive when I come home I am sure Asia-Session will bring some nice move into that pair.
Good luck to you (and to me as well )

-Tuner-

I still think there's a lot of downward pressure on yen some reason, & still maybe a little too early to start buying again, maybe Monday.

We will see low risk trade with smal size and looking for some good pips...If daily candle close below lines i will exit my position if close above i will stay in buy...

Worth to risk on good SUp on weekly if broke we know what will do

the link above states my thot on eurjpy
thanks