EUR/JPY Anytime! | Page 318 | 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!

  • #6,341
  • Aug 15, 2011 10:32pm Aug 15, 2011 10:32pm
Quoting shocfacter
I think the clearer sign of reversal would be inclination that Germany is going to say no to the bonds right? I mean, they have already stated that they will not approve them, YET the Euro has gone up across the board in the last day. I dont get that. I think im just going to wait and play the news on this one. Im short minded on Eur/Jpy from here as of now though.
Indeed. Agree with you. As the price still at selling level onDaily tf, my point of view the trend remains bearish until clear confirmation on breaking the trend.

Happy trading,
Yesterday is history. Tomorrow is a mystery. Today is a gift
  • #6,342
  • Aug 16, 2011 11:39am Aug 16, 2011 11:39am
Wondering whether price would breaks up trendline approaching 111.43. Otherwise performing bearish pennant towards downtrend. If it bias towards bullish then it's required to breaks (d) upwards.

Just my 2 cents,
Attached Image (click to enlarge)
Click to Enlarge Name: EJ-bull trap to perform bearish trend-17 Aug 2011.PNG Size: 58 KB
Yesterday is history. Tomorrow is a mystery. Today is a gift
  • #6,343
  • Aug 16, 2011 12:15pm Aug 16, 2011 12:15pm
Quoting himurasemi
Wondering whether price would breaks up trendline approaching 111.43. Otherwise performing bearish pennant towards downtrend. If it bias towards bullish then it's required to breaks (d) upwards.

Just my 2 cents,
nice graph H.

vote 4 south, 107.70 but if its break 111.50 then 113.20.
  • #6,344
  • Aug 16, 2011 12:23pm Aug 16, 2011 12:23pm
Quoting saikofx
nice graph H.

vote 4 south, 107.70 but if its break 111.50 then 113.20.
Current price is self explanatory. I re-short at (b) already.
Yesterday is history. Tomorrow is a mystery. Today is a gift
  • #6,345
  • Aug 16, 2011 5:15pm Aug 16, 2011 5:15pm
Quoting himurasemi
Wondering whether price would breaks up trendline approaching 111.43. Otherwise performing bearish pennant towards downtrend. If it bias towards bullish then it's required to breaks (d) upwards.

Just my 2 cents,
Updated.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ-bull trap to perform bearish trend-2-17 Aug 2011.PNG Size: 58 KB
Yesterday is history. Tomorrow is a mystery. Today is a gift
  • #6,346
  • Aug 17, 2011 4:13am Aug 17, 2011 4:13am
Fing amazing, USDJPY breaking out to the downside and EURJPY rises, wtf is this all about
Never been vouched
  • #6,347
  • Aug 17, 2011 6:01am Aug 17, 2011 6:01am
Quoting iono
Fing amazing, USDJPY breaking out to the downside and EURJPY rises, wtf is this all about
euro is rising faster than the yen is rising...

olu
If you think you can or cannot do it you are correct
  • #6,348
  • Aug 17, 2011 6:12am Aug 17, 2011 6:12am
EURJPY hasn't been trending much recently. Pretty much rangebound. If it weren't for the weakening of CHF, probably would be at around 107 or 108 by now. Pretty sure BOJ intervention is still 2 weeks away. Think BOJ would love to sell at USD 75. Giving it 2 weeks and important data to come out, think it may reach that. If that does happen, ideally 106/7 is a potential buy zone.
  • #6,349
  • Aug 17, 2011 6:20am Aug 17, 2011 6:20am
Yup, I'm just frustrated so I closed out my USDJPY trades, however have two short trades open on EURJPY, it would have been nice to see it drop, looks like I will be hanging on too these for a while, yes hopefully it does stick to the range bound mode or trends down
Never been vouched
  • #6,350
  • Aug 18, 2011 7:45am Aug 18, 2011 7:45am
Hello guys,
YOu can see my long term analysis for EURJPY here
http://www.forexfactory.com/showthread.php?t=310405


Cheers
Petar
"Buy on fear, sell on greed !!!
  • #6,351
  • Aug 18, 2011 9:56am Aug 18, 2011 9:56am
OK, I share that vision.
Good luck on the road.
  • #6,352
  • Aug 18, 2011 11:08am Aug 18, 2011 11:08am
Quoting Petar_Serbia
Hello guys,
YOu can see my long term analysis for EURJPY here
http://www.forexfactory.com/showthread.php?t=310405


Cheers
Petar
Shared that vision too, Petar.. But, how low it will go first?

109.80, 108.70 or 107.70?

BTW closed 2 position +130p (from 110.8)

Set Tp for last 107.70 SL 110.20 (+60p)

Anyway, BIG thanks to you, Petar!
  • #6,353
  • Aug 19, 2011 1:36am Aug 19, 2011 1:36am
Quoting shocfacter
I dont understand. Japans Prelim GDP news was POSITIVE. Why then did eur/jpy shoot up aftwards? Am I missing something?
As I know because Japan is a huge exporting country, therefore Japanese exporters (majority) like weaker yen and any good news usually makes yen weaker and any bad news makes yen stronger. You saw how nuclear plant explosion news sent it to 76 area in few hours.
  • #6,354
  • Aug 21, 2011 6:00am Aug 21, 2011 6:00am
Quoting saikofx
Shared that vision too, Petar.. But, how low it will go first?

109.80, 108.70 or 107.70?

BTW closed 2 position +130p (from 110.8)

Set Tp for last 107.70 SL 110.20 (+60p)

Anyway, BIG thanks to you, Petar!
You are welcome saikofx..

Cheers
Petar
"Buy on fear, sell on greed !!!
  • #6,355
  • Aug 21, 2011 6:36am Aug 21, 2011 6:36am
I see the following. RSI picking up slightly, stoch crossing over on H4 and 200sma is meeting last couple of highs. Think major support for the time being is around 108.8/109. It tested that and bounced above it.

Think long above 109.3 to test 110.8 could work. But below 109 and especially the void below 108.8 could be testing new lows. USDJPY shrugged off new lows so perhaps BOJ is readying their intervention hammer.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.png Size: 55 KB
  • #6,356
  • Aug 21, 2011 5:24pm Aug 21, 2011 5:24pm
There are 2 possibilities where price might go below 109.80 area or rebounce continuing its journey to go north. But I go short within supply area until got clearer rebounce signal. BTW, H4 yet to confirm strong bullish.

Happy trading,
Attached Image (click to enlarge)
Click to Enlarge Name: EJ_bullish or bearish possibility-22 Aug 2011.PNG Size: 20 KB
Yesterday is history. Tomorrow is a mystery. Today is a gift
  • #6,357
  • Aug 22, 2011 9:54am Aug 22, 2011 9:54am
Looking for a move down perhaps to 109.2/3 before continuing up on this wedge.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy4h.png Size: 65 KB
  • #6,358
  • Aug 22, 2011 10:13am Aug 22, 2011 10:13am
Quoting Unknownpips
Looking for a move down perhaps to 109.2/3 before continuing up on this wedge.
If this pattern valid i.e rising wedge or bearish pennat, price might go down below 109.40 or rebounce. At the moment price in bearish momentum. Would swing short or wait for price action.

Cheers,
Yesterday is history. Tomorrow is a mystery. Today is a gift
  • #6,359
  • Aug 22, 2011 11:48am Aug 22, 2011 11:48am
Quoting himurasemi
If this pattern valid i.e rising wedge or bearish pennat, price might go down below 109.40 or rebounce. At the moment price in bearish momentum. Would swing short or wait for price action.

Cheers,
Yeh sorry, I should have pointed out overall its still bearish especially if it closes below the trend line. The caveat being that the BOJ intervention jitters might send it upwards.
  • #6,360
  • Aug 22, 2011 4:58pm Aug 22, 2011 4:58pm
Quoting Unknownpips
Yeh sorry, I should have pointed out overall its still bearish especially if it closes below the trend line. The caveat being that the BOJ intervention jitters might send it upwards.
Tho the price was hiked up since last Friday, in long term view I still believe yeppy is still in bearish trend bias as the price movement limit at 111.0 just a corrective move. If price managed to breaks below 109.30 I expect another test below 108.28. Otherwise, it would keep ranging between 111.00 and 108.28.
Yesterday is history. Tomorrow is a mystery. Today is a gift
9 traders viewing now