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EUR/JPY, GBP/JPY, NZD/JPY

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SimpleFib Trading

  • #521
  • Mar 26, 2014 4:43am Mar 26, 2014 4:43am
Quoting simoneg
{quote} Sorry Care forex, I went to bed a bit early and just got up. Looking at your pair in a minute.
ok great simoneg. Hope to hear from you soon
  • #522
  • Mar 26, 2014 4:57am Mar 26, 2014 4:57am
Care forex, these yen pairs appear very bullish at the moment.
Aud/jpy broke the intra year high (2014) as is heading for bull targets at 96 and 97.25. Fib the last down swing at the bottom of this move to be better guided for targets as price is approaching those extended bull targets at the moment.
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  • #523
  • Mar 26, 2014 4:59am Mar 26, 2014 4:59am
Quoting simoneg
Care forex, these yen pairs appear very bullish at the moment. Aud/jpy broke the intra year high (2014) as is heading for bull targets at 96 and 97.25. Fib the last down swing at the bottom of this move to be better guided for targets as price is approaching those extended bull targets at the moment.
I'm thinking to short it. As it looking to tap out.
  • #524
  • Mar 26, 2014 5:01am Mar 26, 2014 5:01am
Also note that EURJPY is also currently sitting above major swing long on daily. Shorting may be tricky at the moment
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  • #525
  • Mar 26, 2014 5:03am Mar 26, 2014 5:03am
Quoting simoneg
Also note that EURJPY is also currently sitting above major swing long on daily. Shorting may be tricky at the moment
So fibo is still show uptrend for A/J at the moment?
  • #526
  • Mar 26, 2014 5:06am Mar 26, 2014 5:06am
I'm not able to post charts at the moment. But also pay attention to the fact that the support that eurusd has found is the intrayear long and the resistance usdchf is facing is intrayear short for the past 5 days. Fib this years hi/low
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  • #527
  • Mar 26, 2014 5:07am Mar 26, 2014 5:07am
Quoting Care forex
{quote} So fibo is still show uptrend for A/J at the moment?
Yes Care forex.
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  • #528
  • Mar 26, 2014 5:11am Mar 26, 2014 5:11am
Quoting simoneg
{quote} Yes Care forex.
Ok thanks!
  • #529
  • Mar 26, 2014 5:14am Mar 26, 2014 5:14am
Quoting Care forex
{quote} Ok thanks!
No prob.
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  • #530
  • Edited 5:27pm Mar 26, 2014 4:35pm | Edited 5:27pm
Short GBPJPY below major swing long and at minor swing resistance. Although price could fall to 166/165, watching reaction at major swing short level (61.8) in chart below. Watching support @ 168.25.
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Click to Enlarge Name: gjmarshort.jpg Size: 88 KB
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  • #531
  • Mar 26, 2014 4:40pm Mar 26, 2014 4:40pm
AUD/JPY double topped at extended bull target #1 of BUY UP swing, but daily failed to close below minor swing resistance, so would wait for further confirmation before taking shorts on this pair.
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  • #532
  • Edited 5:29pm Mar 26, 2014 5:02pm | Edited 5:29pm
Short EURJPY below daily chart major swing long, targeting major swing support (80.9 in chart below) or lower, however watching reaction to major swing short level (61.8). Watching support @ 139.70
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Click to Enlarge Name: ejmartrade.jpg Size: 86 KB
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  • #533
  • Mar 26, 2014 5:27pm Mar 26, 2014 5:27pm
Short NZDJPY at daily minor swing resistance targeting major swing short and minor swing extended bull target 1. Watching support @ 86.50.
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  • #534
  • Mar 26, 2014 5:29pm Mar 26, 2014 5:29pm
I made some adjustments to the posts on the active trades to reflect support levels being watched on each trade. Trade safely!
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  • #535
  • Mar 27, 2014 3:22am Mar 27, 2014 3:22am
And all my lovely green ended at zero...tsk tsk tsk
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  • #536
  • Mar 27, 2014 3:27am Mar 27, 2014 3:27am
Quoting simoneg
NU currently finding support at bull target #1, right at 0.8500 as well as the support level of the daily minor swing. Should this level hold, price could be headed towards the extended bull targets of the daily swing which initiated this buy up. Minor swing resistance must be watched. {image}
NZDUSD continues on with extended bull targets in view.
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  • #537
  • Edited 4:04am Mar 27, 2014 3:31am | Edited 4:04am
Quoting simoneg
Hello everyone, hope you had a great weekend. Sharing my trades on EJ, NJ and NU, on which I am currently long. EJ, at the moment has found support at the daily chart resistance (140.27)of the swing which triggered this up move and is currently also finding support on the minor swing support (141.03) on the daily and last major swing long @ 140.86. Although I am anticipating continuation to the extended bull target #1, resistance sits @ 143.15, 145 and 147.56. {image} {image}
EURJPY still finding support at resistance level of swing which initiated this buy. Looking to go long for resistance of daily minor swing @ 143.10. Minor swing being (143.80 to 140.23)
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  • #538
  • Mar 27, 2014 3:43am Mar 27, 2014 3:43am
NZDJPY returned to support at bull target 1 (134%) and seeking to create support at Bull target 2 for extended targets. Will be flat until such confirmation on this pair.
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  • #539
  • Mar 27, 2014 4:01am Mar 27, 2014 4:01am
GBPJPY finally took off from long level of swing which initiated last buy and is presently facing the resistance level of that swing. Anticipating a close above this level, however price may pull back to H4 'buy up' swing resistance for support first (see chart 2). For me safest long entries are at this level or above the current resistance.
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  • #540
  • Mar 28, 2014 6:45am Mar 28, 2014 6:45am
All long levels triggered on all pairs. Hope to hold these to tp. Have a great weekend.
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