EUR/JPY Anytime! | Page 78 | 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!

  • #1,541
  • Mar 3, 2010 10:10am Mar 3, 2010 10:10am
Quoting Brb-Fraudin
Right now the US/JPY is going down despite good US news ,which means strong yen. Now we keep an eye on Eur/USD because it is now in sideways. If it breaks down ,the E/J will heavily goes down due to double effect of week euro and strong yen.
Looks like was a strong resistance line at 121.32 which price just broke above, but will it continue up or just a bear trap on a false breakout?

There is a huge bullish gartley pattern on the weekly chart, just not sure yet when/if it's going to kick into play.
  • #1,542
  • Mar 3, 2010 11:58am Mar 3, 2010 11:58am
Closed EURJPY at 121.30 for 30 pips. Don't see it climbing. Agree with Petar that trend is flat.
  • #1,543
  • Mar 3, 2010 1:13pm Mar 3, 2010 1:13pm
still hold my short
and i will sell again from 122.40
{Promotion Removed}
  • #1,544
  • Mar 3, 2010 7:22pm Mar 3, 2010 7:22pm
Quoting Petar_Serbia
As i posted i have 2 long positions from 1.3520 on EURUSD and expext big UP move also that mean EURJPY will go UP i think maybe to the 123,124 ....



This is my chart on EURUSD and i waiting to broke lines and go up but we will see...



This is the chart >
Lovly trade both positions about +190


ONe will close on 1.3800 and second will falow for 1.4000 or maybe more


Cheers and happy piping
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 21 KB
"Buy on fear, sell on greed !!!
  • #1,545
  • Mar 4, 2010 1:13am Mar 4, 2010 1:13am
out of short from 121.30=+100
looking for pullbck to 120.80-90
to enter short again with target 119.60-40
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.gif Size: 49 KB
  • #1,546
  • Mar 4, 2010 1:34am Mar 4, 2010 1:34am
DOWN DOWN DOWN
{Promotion Removed}
  • #1,547
  • Edited 3:59am Mar 4, 2010 2:10am | Edited 3:59am
long @ 120.70

edit: closed for +16
  • #1,548
  • Mar 4, 2010 5:20am Mar 4, 2010 5:20am
Quoting Mathias83
long @ 120.70

edit: closed for +16
Mathias83, was that a p&f trade? If so do you use a p&f indi or chart package or an online chart?

I'd like to find a website that has all fx pairs/crosses that I can apply p&f charts to etc, but so far was unable to find one.
  • #1,549
  • Mar 4, 2010 5:31am Mar 4, 2010 5:31am
Quoting Petar_Serbia
Lovly trade both positions about +190


ONe will close on 1.3800 and second will falow for 1.4000 or maybe more


Cheers and happy piping
TP 1 looks really good.
TP 2, we will have to wait & see.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 33 KB
I trade what I see on my charts. Do Not listen to the Muppets.
  • #1,550
  • Mar 4, 2010 6:01am Mar 4, 2010 6:01am
Yen index chart.
Attached Image (click to enlarge)
Click to Enlarge Name: JY.JPG Size: 105 KB
I trade what I see on my charts. Do Not listen to the Muppets.
  • #1,551
  • Mar 4, 2010 6:32am Mar 4, 2010 6:32am
Quoting 45Fxguy
That one at stockcharts.com Vanhook2?

Does it help you to trade eurjpy much?

I know they also have renko & p&f chart options too.

I'll try & keep an eye on that one too.
45Fxguy,
Yes to stockcharts.
Yes to P&F charts.
Renko, I have not seen that option.
As for helping, if the yen is going up & the euro is going down, or visa versa, then yes.
This chart shows both gaining strength. So, it reflects the flatness we are seeing.
The next step would be to check the E/U & U/J to see what is going on with those pairs.
1 word of warning about these charts, I think they are all EOD's.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ index.JPG Size: 47 KB
I trade what I see on my charts. Do Not listen to the Muppets.
  • #1,552
  • Mar 4, 2010 6:42am Mar 4, 2010 6:42am
Quoting Vanhook2
45Fxguy,
Yes to stockcharts.
Yes to P&F charts.
Renko, I have not seen that option.
As for helping, if the yen is going up & the euro is going down, or visa versa, then yes.
This chart shows both gaining strength. So, it reflects the flatness we are seeing.
The next step would be to check the E/U & U/J to see what is going on with those pairs.
1 word of warning about these charts, I think they are all EOD's.
End Of Days?
  • #1,553
  • Mar 4, 2010 7:41am Mar 4, 2010 7:41am
Quoting 45Fxguy
End Of Days?
EOD= End of Day
I trade what I see on my charts. Do Not listen to the Muppets.
  • #1,554
  • Mar 4, 2010 8:02am Mar 4, 2010 8:02am
Quoting Vanhook2
EOD= End of Day
Thanks, just wanted to be clear.
  • #1,555
  • Mar 4, 2010 9:40am Mar 4, 2010 9:40am
Quoting 45Fxguy
Mathias83, was that a p&f trade? If so do you use a p&f indi or chart package or an online chart?

I'd like to find a website that has all fx pairs/crosses that I can apply p&f charts to etc, but so far was unable to find one.
yes, it was a p&f trade. i use an indicator for metatrader. a friend wrote it actually the best indicator for pnf i've seen so far. moving averages, bollinger bands, free sizeable boxes and so on...

edit -> wanted to add a picture, but didnt work so far...
  • #1,556
  • Mar 4, 2010 11:17am Mar 4, 2010 11:17am
the thing about fx is i guess it pays to against the crowd when everyone thought EU was surely on its way down what happened ..... it went up

once it went up and most people were sure 1.4 is the next stop what did it do .... it retraced.

no wonder the majority fail its probably coz they trade what they see not what they expect ..... lol
  • #1,557
  • Mar 4, 2010 11:22am Mar 4, 2010 11:22am
Quoting fugly
the thing about fx is i guess it pays to against the crowd when everyone thought EU was surely on its way down what happened ..... it went up

once it went up and most people were sure 1.4 is the next stop what did it do .... it retraced.

no wonder the majority fail its probably coz they trade what they see not what they expect ..... lol
Still holding my long position on EURUSD and you cant expect up side for two days 400 pips,just patiance and we will see



cheers
"Buy on fear, sell on greed !!!
  • #1,558
  • Mar 4, 2010 11:23am Mar 4, 2010 11:23am
Quoting fugly
the thing about fx is i guess it pays to against the crowd when everyone thought EU was surely on its way down what happened ..... it went up

once it went up and most people were sure 1.4 is the next stop what did it do .... it retraced.

no wonder the majority fail its probably coz they trade what they see not what they expect ..... lol
u think it's better to trade what you expect? mmh, i prefer to trade what i see and what the market does.

thing is, with all the debt in the us, eur/usd should be higher, thats what i would believe... but there are so many other factors to have in consideration, so better trade what the markets tell you...

most people fail because they are not patient enough, too big position sizes (dangerous with no sl), and so on
  • #1,559
  • Mar 4, 2010 11:28am Mar 4, 2010 11:28am
Food for thought:

The BIG Dogs draw the charts, they DON'T follow.

  • #1,560
  • Mar 4, 2010 11:36am Mar 4, 2010 11:36am
Quoting pqt
Food for thought:

The BIG Dogs draw the charts, they DON'T follow.

thats why i follow
14 traders viewing now