EUR/JPY

thread for trades regarding EURJPY

anyone else trading EURJPY ?

support was at 157.20, which it hit
resistance is at 155.90
pivot 156.71

currently still short from 156.88
edit: closed @ 156.34

I like EUR/JPY, it trades very similar to GBP/JPY with a lot lower spread, so if you are trading with a %goal and not overall pips then this is a beter pair to trade. Just made 112 pips long yesterday, next signal will probably be early tomorrow morning. I think it may still go up a bit more short term, 158+

there used to be more threads on the e/j, but it seems it has fallen out of favor (i don't know why)....i just started trading this pair recently and i liked the fact that it retraced that gap down....(some brokers open late and if you had a long in, your were trapped....at least for awhile). I agree that it may go test 158+ again, but i'm trying to look at longer term charts to see how quick a move it might be....


mm2

This cross pair is quite similiar to GJ including the time of entry .. http://www.forexfactory.com/showpost...3&postcount=15

All signals are favor of long for EJ..Minimum target is 165.00
Look at the chart.

put an entry order at 164.20 because i have to go to sleep lol. i think it will go down

Hi erdogac...

You have a nice chart..

Could u please post your indicators and template?

Thank you

Hello,

I am a noob and I would like to learn everything about this pair.

My contribution for now is to keep the thread alive.

Any prediction or opinions about today ?

Thank you

Basil

I'm pleased to see a forum for the E/J since that is what my main focus of the market is on. As of the writing the price is 165.22. I believe that if it closes above 165.50, that should open the door for more topside movement. There is significant resistance at the 165.30 level, which may turn into a support level. Lets wait and see which way to go.

hey guys happy to see a thread for e/j okay now does anyone here know how to trade pivots?

Can't say that I do know how to trade pivots. Am still new to trading and still learning. Any and all help would be greatly appreciated

Here trap spread recent success

One of the final results.

man, u think ej will still going down for tonite..coz if it goes up i will add more shorts..i already short ej form price 196.40 and havent closed yet.i'll be looking for reversal sign..do u think so??

196.40... You must have been using Oanda during news time to get it at that level. LOL

..i put my pending order with SL 169.60..it hit my pending order sell and falling down.....

AB = CD !

Good Luck !

Now looks like a possible Ascending Triangle...going to watch it..

Mick

http://3.bp.blogspot.com/_DwzT78GHpM...yc/s400/ej.gif

http://3.bp.blogspot.com/_DwzT78GHpM...haos+ej+03.gif

it's looking good