EUR/JPY Trading Room | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/JPY

Similar Threads

USD/JPY Trading Room 34 replies

EUR/GBP Trading Room 374 replies

long eur/jpy, gbp/jpy, usd/jpy 11 replies

EUR/USD Trading Room 328 replies

eur/usd, eur/jpy, usd/jpy average 0 replies

Attachments: EUR/JPY Trading Room
Exit Attachments

EUR/JPY Trading Room

  • #461
  • Jan 25, 2013 1:57pm Jan 25, 2013 1:57pm
Gidday

123 EUR/YEN

Still holding 1 long to 123TP

3 small shorts

Thought we might get a retrace soon

but EUR/US has not retraced

not that keen to add more longs

Might have to hedge long in another pair

any ideas
  • #462
  • Jan 25, 2013 2:02pm Jan 25, 2013 2:02pm
Quoting aviz12
Which broker you using buddy.
Can you also PM me your Skype ID or so.. we both have same mentality, vision and trading same pair, lets be in the loop and contact. thx.
I use IB, the charts I post here are from netdania app on my iPad, get app btw. On my trading station I only have IB's platform & ninjatrader, I can't even access my email from it, I keep that way my trading station runs as efficiently as possible. I don't have a Skype ID but ill set one up & get you the details.
It works till it doesn't
  • #463
  • Jan 25, 2013 2:12pm Jan 25, 2013 2:12pm
Quoting eliteincome
Gidday

123 EUR/YEN

Still holding 1 long to 123TP

3 small shorts

Thought we might get a retrace soon

but EUR/US has not retraced

not that keen to add more longs

Might have to hedge long in another pair

any ideas
I made around 40K$ today.. closed around 90% of my positions..
i see little retracement, but i am positive it will spark upside high soon..
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #464
  • Jan 25, 2013 2:21pm Jan 25, 2013 2:21pm
Quoting aviz12
I made around 40K$ today.. closed around 90% of my positions..
i see little retracement, but i am positive it will spark upside high soon..
Nice that's about 11k better than I did. I'm looking to book half this position & hedge 1:1 with a g/j short that ill hopefully get to add in to a couple of times next week expecting some repositioning & profit taking next week in front of NFP. Then hopefully I could get some good size on e/j long before NFP.

http://i1356.photobucket.com/albums/...ps14af0a14.jpg
It works till it doesn't
  • #465
  • Jan 25, 2013 2:27pm Jan 25, 2013 2:27pm
Quoting DaEdge
Nice that's about 11k better than I did. I'm looking to book half this position & hedge 1:1 with a g/j short that ill hopefully get to add in to a couple of times next week expecting some repositioning & profit taking next week in front of NFP. Then hopefully I could get some good size on e/j long before NFP.

http://i1356.photobucket.com/albums/...ps14af0a14.jpg
Nice.
Its better to book the profit yes.
I feel its going to take a little pll back at 121.60/70 zone next week beginning.. than a pump upside..
I would be adding in heavy again..
February i see 130 zone.
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #466
  • Jan 25, 2013 2:31pm Jan 25, 2013 2:31pm
Quoting aviz12
Nice.
Its better to book the profit yes.
I feel its going to take a little pll back at 121.60/70 zone next week beginning.. than a pump upside..
I would be adding in heavy again..
February i see 130 zone.
I wish I could hedge with e/j but I'm in the US so its not possible. Ill most likely get at least half this trade off before today's close & ill start to hedge with g/j. I think we might get some more up Sunday night as a head fake before the profit taking & repositioning starts next week in front of NFP.
It works till it doesn't
  • #467
  • Jan 25, 2013 2:38pm Jan 25, 2013 2:38pm
Quoting DaEdge
I wish I could hedge with e/j but I'm in the US so its not possible. Ill most likely get at least half this trade off before today's close & ill start to hedge with g/j. I think we might get some more up Sunday night as a head fake before the profit taking & repositioning starts next week in front of NFP.
Yes, i am seeing a gap also, as i think someone from Japan was due to speak on Saturday in Switzerland regarding the economy etc.
However, we have a very clear picture now, that U/J = 100 is no problem..
So i take like this 100 pip move in U/J is like 200 Pip move in E/J.. so we have 900 Pip chance up on U/J.. so can say further 1,800 move up on E/J
Which means around 138-140 levels in upcoming months.
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #468
  • Jan 25, 2013 2:49pm Jan 25, 2013 2:49pm
But remember , what is going up , it eill get down , and i have japanese ffriend and he told me about what did he read from other economics sites in japanese , about yen , it will be during february till 94.96 "dollar-yen"
but we must be patient ffor any retrace ......
Good luck for all
  • #469
  • Jan 27, 2013 12:18pm Jan 27, 2013 12:18pm
Hello,

What do you think about EURJPY tomorrow at Monday 28/01/2013 is it continue climbing or not?

I see a spinning top at H4 but I'm not for sure...

TY
+10 pips per day is a gift.
  • #470
  • Jan 27, 2013 3:35pm Jan 27, 2013 3:35pm
EURJPY dropping to 121.80 before NY session tomorrow. Actually, it's already opened with a north Gap and it needs to close it down. GL to all this new trading week with your trading.
  • #471
  • Jan 27, 2013 3:59pm Jan 27, 2013 3:59pm
With US NFP upcoming I expect the Eur/Yen to pullpack before it continues up. Monthly chart shows 100 ema and 200 ema at 12365 and 12907 not touched since 2009. Price now at 122.38. Pair overbought from 240 min up and divergence on daily TF. 100 ema could hold price down during Asia session if price gaps up tonight.

GOOD LUCK TO ALL.
  • #472
  • Edited 4:20pm Jan 27, 2013 4:08pm | Edited 4:20pm
first time I see a battle at sundays open...-

my advice go long...
  • #473
  • Jan 27, 2013 4:27pm Jan 27, 2013 4:27pm
Gidday Traders

Been looking at some charts,123.3 would need to be reached

122.595 touched

Charts show retrace to 113 level

before we go higher.

I will hedge some of this move up,been caught out.

So a retrace would allow me to work on the abacus an balance things out
  • #474
  • Jan 27, 2013 5:20pm Jan 27, 2013 5:20pm
Quoting eliteincome
Gidday Traders

Been looking at some charts,123.3 would need to be reached

122.595 touched

Charts show retrace to 113 level

before we go higher.

I will hedge some of this move up,been caught out.

So a retrace would allow me to work on the abacus an balance things out
113.00 seems a bit much I'm thinking more around 118/9
It works till it doesn't
  • #475
  • Jan 27, 2013 7:44pm Jan 27, 2013 7:44pm
At a strong supply level here and the upper TL. I think we will see a pullback this week. Perhaps to lower TL.... perhaps lower to one of the fib levels.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.jpg Size: 72 KB
What is any ocean but a multitude of drops?
  • #476
  • Edited Jan 28, 2013 12:21pm Jan 27, 2013 7:53pm | Edited Jan 28, 2013 12:21pm
Currently moving down from high of 122.90 (Oanda fxTrade price) toward 122.00. Move seems to be a corrective zigzag with higher highs (123.10+) later today. Overall there has been extensive divergence to the uptrend in RSI, MACD and Stochastic indicators (15min chart) so regardless of a new high later today a larger correction down seems likely. Channel suggests target price of 118.00 (at lower trendline) and then uptrend continuation. Elliott Wave count suggests 117.00 (previous 4th wave of one larger degree). In case of the latter I'd look for a longer consolidation period before moving higher again.

Attached Image (click to enlarge)
Click to Enlarge Name: EurJpy_2013-01-29 01:15:35.png Size: 46 KB
cryptocurrency everytime
  • #477
  • Jan 28, 2013 12:01am Jan 28, 2013 12:01am
EUR / JPY formed in the SHS M15 so it is my opinion that will be dropped about 150 pips
Neck line is at 122.15
  • #478
  • Jan 28, 2013 1:07am Jan 28, 2013 1:07am
my short target for this pair is 121.80

almost there...
  • #479
  • Jan 28, 2013 3:07am Jan 28, 2013 3:07am
Quoting e.trader
my short target for this pair is 121.80

almost there...

Should be closed now...


I got +10 pips short at this pair today
+10 pips per day is a gift.
  • #480
  • Jan 28, 2013 4:14am Jan 28, 2013 4:14am
Quoting karmapala
Should be closed now...


I got +10 pips short at this pair today
good. +10 could be $100,1k, 100k or even 1m... based on your volume. Its very nice to be positive on the first trading Monday of the week.
1 trader viewing now