EUR/JPY Anytime!

Quoting TraderDTS

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My EURJPY last week analysis:

EURJPY

Based on the previous 240 min chart analysis, the closest target along the trend was Т1-126.06 (Fig. 1). The target was reached on Jan. 26, 2010, but the trade was not made due to a small estimated profit.

http://www.2targetsmethod.com/images...0/image005.jpg
Fig. 1 – 240

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Quoting Petar_Serbia

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Hello trader good chart

i have one opened position on small term trading, open at 125.50 TP 125.90 SL 124.90 , we will see that will hapen



Cheers

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Quoting Petar_Serbia

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Sl +1 current 40 + i didnt take Tp waiting News and i will try to earn 80 in this trade


Cheers

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Quoting jp09

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anyone else think this is heading south?? not sure its got the legs to break the previous swing high??

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Quoting guitarjrb

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I don't talk much, but I thought i'd post my case for a potential short term bounce. Price action closed sitting on 125.10 support. There is a nice bullish divergence on the 4HR MACD, and a potentially positive development on the 15M MACD. Other than these, the trend is obviously down. The presented analysis may give the opportunity for selling a decent bounce.

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Quoting bogus

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Im looking for a short. A retest of the broken trendline and a bounce off the horizontal.hourly. On the 5 min chart its making lower highs and testing the horizontal.Will it give way??

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Quoting guitarjrb

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I don't talk much, but I thought i'd post my case for a potential short term bounce. Price action closed sitting on 125.10 support. There is a nice bullish divergence on the 4HR MACD, and a potentially positive development on the 15M MACD. Other than these, the trend is obviously down. The presented analysis may give the opportunity for selling a decent bounce.

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Quoting Petar_Serbia

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Good charts but i dont trade on Asia sess short term trading,my advice be carefull guys

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Quoting mcryan

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Greetings Petar_Serbia and all other EUR/JPY traders.

I decided to sign up to the forums and I have been following this thread for quite some time, and found many of your predictions very helpful (and accurate!).

I will be posting some of my trades as well!

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Quoting negro wolf

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longing EURJPY
since yesterday @ 126.30
T.P = 126.950

I hope i am not alone in that train


Good Luck to All

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Quoting Petar_Serbia

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Hmm,my advice close trade,very dangerus area on my Method,now is flat and waiting to see good confirmation for trade on long term...

Cheers

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Quoting negro wolf

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thanks for share my friend

the deal is in critical point u r right ..

but look to daily chart

you will be phsicologically satisfied

good luck my friend

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Quoting Petar_Serbia

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Yea i see,but when i see good setup on My method i hope long becouse you have long then will just confirm your trade


Cheers

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