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  • #5,721
  • Apr 18, 2011 10:07am Apr 18, 2011 10:07am
Euro being crushed like anything.. Down more than 2.5% against JPY..
Anyone contemplating a buy here at 116.50 levels..?
  • #5,722
  • Apr 18, 2011 10:12am Apr 18, 2011 10:12am
Quoting Pratik
Euro being crushed like anything.. Down more than 2.5% against JPY..
Anyone contemplating a buy here at 116.50 levels..?
safest buy is around 115...but we may got 200pips bounce from here as long as current low not broke again gl..
Verily, in every difficulties there is relief
  • #5,723
  • Apr 18, 2011 10:25am Apr 18, 2011 10:25am
Quoting primzvicious
safest buy is around 115...but we may got 200pips bounce from here as long as current low not broke again gl..
closed half
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Verily, in every difficulties there is relief
  • #5,724
  • Apr 18, 2011 7:54pm Apr 18, 2011 7:54pm
Quoting primzvicious
closed half
closed most of long here, only left one last runner targeting 118.19-118.30 or maybe 119.80
Verily, in every difficulties there is relief
  • #5,725
  • Apr 18, 2011 8:00pm Apr 18, 2011 8:00pm
Quoting Pipstrumpf
To me the EUR/JPY is in a non tested territory at the moment / leg downwards has not been completed yet.
Attachment

Bad news out of the euro zone have again resurfaced in the media (what a surprise) and to me it looks like some folks have taken the opportunity to take profits during the wanna be push ups.
Attachment

Next week may give us a better clue on direction, let's see.

Cheers
You were right, hoped in too early on this one, but managed a tight SL so limited loss. Drew my damn fibo wrong, wrong swing low. I'm looking to the 155 area now for some support. Thanks and happy trading I'm out
  • #5,726
  • Apr 19, 2011 4:53am Apr 19, 2011 4:53am
Quoting primzvicious
closed most of long here, only left one last runner targeting 118.19-118.30 or maybe 119.80
closed 118.05
Verily, in every difficulties there is relief
  • #5,727
  • Apr 19, 2011 6:57am Apr 19, 2011 6:57am
Quoting primzvicious
closed most of long here, only left one last runner targeting 118.19-118.30 or maybe 119.80
watching 118.30 very closely... now either 119.8 or 115.xx
Verily, in every difficulties there is relief
  • #5,728
  • Apr 19, 2011 7:50am Apr 19, 2011 7:50am
short [email protected] first target yesterday low
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Verily, in every difficulties there is relief
  • #5,729
  • Apr 19, 2011 8:22am Apr 19, 2011 8:22am
Quoting primzvicious
short [email protected] first target yesterday low
closed half, sl amended to 40
Verily, in every difficulties there is relief
  • #5,730
  • Apr 19, 2011 1:44pm Apr 19, 2011 1:44pm
Had a glance at a broker's order book and looks like there are net buying orders above current price all the way to 119.50

So if Weds German PPI and Thurs German Ifo survey both positive and no new news about the debt problem emerge, we will probably see EURJPY move quite a bit higher than it is now.
  • #5,731
  • Apr 19, 2011 1:52pm Apr 19, 2011 1:52pm
Quoting Darkforce
Had a glance at a broker's order book and looks like there are net buying orders above current price all the way to 119.50

So if Weds German PPI and Thurs German Ifo survey both positive and no new news about the debt problem emerge, we will probably see EURJPY move quite a bit higher than it is now.
DF,

Surely that is cheating (LOL) Had a glance at a broker's order book !!!
  • #5,732
  • Apr 19, 2011 2:04pm Apr 19, 2011 2:04pm
Quoting de-tokzie
DF,

Surely that is cheating (LOL) Had a glance at a broker's order book !!!
Far from, they are quite small so it doesn't represent the whole market. Also, the order flow keeps changing, so you can never know exactly what's gonna happen next.
  • #5,733
  • Apr 19, 2011 8:35pm Apr 19, 2011 8:35pm
Quoting primzvicious
closed half, sl amended to 40
sl hit
Verily, in every difficulties there is relief
  • #5,734
  • Apr 19, 2011 9:38pm Apr 19, 2011 9:38pm
Was long at 118.20.. tp hit at 118.75..
  • #5,735
  • Apr 19, 2011 10:30pm Apr 19, 2011 10:30pm
Quoting primzvicious
watching 118.30 very closely... now either 119.8 or 115.xx
almost there
Verily, in every difficulties there is relief
  • #5,736
  • Apr 19, 2011 11:41pm Apr 19, 2011 11:41pm
Went long at 119.40....A close above donchian line at 119.20
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  • #5,737
  • Apr 20, 2011 3:49am Apr 20, 2011 3:49am
Quoting primzvicious
almost there
short 119.85
Verily, in every difficulties there is relief
  • #5,738
  • Apr 20, 2011 4:09am Apr 20, 2011 4:09am
whats your target on eur/yen? i can see y u entered at the trendline (sorry im learning), but are u still targeting the lows of either yday or monday?
  • #5,739
  • Apr 20, 2011 4:19am Apr 20, 2011 4:19am
Quoting monkey@forex
whats your target on eur/yen? i can see y u entered at the trendline (sorry im learning), but are u still targeting the lows of either yday or monday?
first target will be yesterday support 118.50-118.30

but if 120.10 break we may see 120.90 and next 121.87

gl
Verily, in every difficulties there is relief
  • #5,740
  • Apr 20, 2011 4:48am Apr 20, 2011 4:48am
Quoting primzvicious
first target will be yesterday support 118.50-118.30

but if 120.10 break we may see 120.90 and next 121.87

gl
i set my sl @120.30

now we have see potential today high at 120.17, but look at eu also.. if eu h1 closed above weekly high it confirm buy mode..
Verily, in every difficulties there is relief
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