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EUR/JPY

  • #1,801
  • Jun 3, 2014 5:22am Jun 3, 2014 5:22am
TP hit at 139.600 for almost 160pips profit. Looking to short around 140.000
  • #1,802
  • Jun 3, 2014 8:05am Jun 3, 2014 8:05am
Nice, but have a reason to short around 140.00
Intraday only.
  • #1,803
  • Jun 3, 2014 11:08am Jun 3, 2014 11:08am
Quoting navk
Nice, but have a reason to short around 140.00
Thanks

For sure, right now I see the best short spot at supply zone on 4H at 140.500-700

other than that it's SOH time for swings (sit on hands)
  • #1,804
  • Jun 3, 2014 11:15am Jun 3, 2014 11:15am
Attached Image (click to enlarge)
Click to Enlarge Name: ejh4.gif Size: 171 KB
  • #1,805
  • Jun 3, 2014 1:55pm Jun 3, 2014 1:55pm
Quoting Vitez
{quote} Thanks For sure, right now I see the best short spot at supply zone on 4H at 140.500-700 other than that it's SOH time for swings (sit on hands)

Nothing is sure in Forex market, until it happens what you say.

I will tell you a support / resistance theory.

When a support or resistance comes there will be initially bounce from that place. There were set of buyers or sellers at that place. But if those buyers or sellers are not supported for more time, imagine the support/resistance is bound to be broken. This is what we call as selling pressure at support and buying pressure at resistance.

If resistance holds and if you get a confirmation of reversal in the system whatever you follow in whatever time frame you trade, then it is confirmed signal.
Intraday only.
  • #1,806
  • Jun 3, 2014 2:14pm Jun 3, 2014 2:14pm
Eurjpy seems pushing 140 level, currently trading at 139.707. Maybe tomorrow we have some intraday opps.
  • #1,807
  • Jun 3, 2014 9:43pm Jun 3, 2014 9:43pm
Now I have six short positions with EJ, what's your view for today? Need I exit earlier data released? Please suggest me. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 60 KB
PROredart is not PRO trader
  • #1,808
  • Jun 3, 2014 9:46pm Jun 3, 2014 9:46pm
Quoting PROredart
Now I have six short positions with EJ, what's your view for today? Need I exit earlier data released? Please suggest me. Thanks {image}
I exit one +10pips only

Still left five short!
PROredart is not PRO trader
  • #1,809
  • Jun 3, 2014 11:15pm Jun 3, 2014 11:15pm
H4 has a pin close to 140. i'm shorting here.
  • #1,810
  • Jun 3, 2014 11:45pm Jun 3, 2014 11:45pm
Quoting BogiFX
H4 has a pin close to 140. i'm shorting here.
It seems today's high 139.95 locked till event out.
Attached Image
PROredart is not PRO trader
  • #1,811
  • Jun 3, 2014 11:54pm Jun 3, 2014 11:54pm
Quoting PROredart
{quote} It seems today's high 139.95 locked till event out. {image}
  • #1,812
  • Jun 4, 2014 1:00am Jun 4, 2014 1:00am
Quoting navk
{quote} Nothing is sure in Forex market, until it happens what you say. I will tell you a support / resistance theory. When a support or resistance comes there will be initially bounce from that place. There were set of buyers or sellers at that place. But if those buyers or sellers are not supported for more time, imagine the support/resistance is bound to be broken. This is what we call as selling pressure at support and buying pressure at resistance. If resistance holds and if you get a confirmation of reversal in the system whatever you follow...
Yes sounds like trading...I'm not a noob btw...
  • #1,813
  • Jun 4, 2014 1:01am Jun 4, 2014 1:01am
Quoting BogiFX
H4 has a pin close to 140. i'm shorting here.
I bet you are too quick with that short =P what TP are you aiming for?
  • #1,814
  • Jun 4, 2014 1:18am Jun 4, 2014 1:18am
Quoting Vitez
{quote} I bet you are too quick with that short =P what TP are you aiming for?
Well i whant to see 136. but that to much we need soem time for that.I'm targeting first 138. again.SL is at 140,3.
  • #1,815
  • Jun 4, 2014 4:04am Jun 4, 2014 4:04am
Quoting BogiFX
H4 has a pin close to 140. i'm shorting here.
Sounds good, it's moving close to 140 level at the moment.
  • #1,816
  • Jun 4, 2014 4:21am Jun 4, 2014 4:21am
Quoting csc2009
{quote} Sounds good, it's moving close to 140 level at the moment.
News on the way.
  • #1,817
  • Jun 4, 2014 5:12am Jun 4, 2014 5:12am
If anyone shorts at this level, 140.50 is the stop loss limit, Reward could be around 138.00...........

My chart says so...
Intraday only.
  • #1,818
  • Jun 4, 2014 6:03am Jun 4, 2014 6:03am
Quoting PROredart
Now I have six short positions with EJ, what's your view for today? Need I exit earlier data released? Please suggest me. Thanks {image}
can i know what software u using? nice templates.
  • #1,819
  • Jun 4, 2014 6:22am Jun 4, 2014 6:22am
I think eurjpy should still showing some buying opportunities, as the Yen continues to be weaken and also I think the Euro has been oversold recently.
  • #1,820
  • Jun 4, 2014 9:05am Jun 4, 2014 9:05am
Quoting navk
If anyone shorts at this level, 140.50 is the stop loss limit, Reward could be around 138.00........... My chart says so...
Please post your chart too then it will be easier to understand how you are seeing and me. Thanks
PROredart is not PRO trader
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