EUR/JPY Trading Room

I'm LONG too, from the 111 area.

This is a huge level and the longer it holds above then the more likely I think it is to continue.

sl hit

Hello

12500 TP wow everytime I blink it goes up a cent,holding shorts as well.
Only thing I have done right,is have very small trades.

This pair owes me some pay back,been totally out played

still when it has retraced,it drops like stone

Everytime I long at the top,I get nailed

The shorts must be stacking up in this pair,US/JPY eur/jpy

in Jan or Feb we will see 125 zone..

Hi

Interesting 125000 WOW

What do we do now 113200 pretty high

longs taken out

keep thinking retrace soon,but wrong again an again

prefer to go long when it drops down some

Still EUR/US drops down this sucker zooms down really fast

Hinges on US being out of favour for now

That weekly bar was a tricky bar it looked more like a spinning top which is a bullish continuation pattern.

No offence here guys BUT why would anyone have shorted here over recent weeks with all the BoJ intervention?

true comment, but you know how it is - there are always some fishes trying to swim against a strong flow....unless they are no sharks it doesnt makes sense at all...

I live right near a beach....guess I'm used to going with the flow LOL!

BTW.....I'm a trend trader

pivot 112.5

r1*113.9xx

target 119.4xx

gl

weekly 200 EMA @ 114.516

Expect it to stall there..then......if it goes on...this level will provide an opportunity for others to get in and get back at it!

28th we will see.

No near major resistance. So I am also expecting price to stall at your levels. Took 200+ pips yesterday and rest running. Good luck

more pippings. Hope fully EJ reach durther high. Missed this long trade on Monday

i thing h4 support incomlpite but nid liter bit solit concrit(side way) to go far..

and just wait late after noon(only german holiday in euro) gooodnews to push ej to the moon.

hapy new year with new hi market loong..

I've got the E/J trading in a flag pattern just under the weekly 200 EMA which is proving to be key resistance. I am looking for a breakout from this pattern, either up or down. I am still currently LONG on this pair though and hoping the Fiscal Cliff will be sorted to take this further and up past resistance.

BTW: The USD index is printing a bearish H&S on the weekly charts and the Euro index is printing a bullish inverse H&S on its weekly chart. These patterns may still evolve if there is some form of a Fiscal Cliff solution.

My full review of the Euro and USD indices can be found here if interested: http://tradespottingthemarkets.blogs...or-311212.html.

My full trading week analysis and what I'm looking for this coming week can be found here: http://tradespottingthemarkets.blogs...or-311212.html

Bring on 2013!

Ahhh wat the biutiful day :nerd:
Trend going UP on EURJPY 60

Hi

Well long closed again,thinking it might drop again here.

Yes the moon is in reach,but a blink an it could drop 2 cents

I think I will take shorts from here

More pips banked today:

The yen should give us a green week, at least; eurjpy may start to fall today...

i'm short in chfjpy 94.82 let's see...