Thread: EUR/JPY

Thread for trades regarding EURJPY

anybody else trading EURJPY ?

Support was at 157.20, which it hit
resistance is at 155.90
pivot 156.71

currently still short from 156.88
edit: closed @ 156.34

Originally Posted by ;

quote different fashion to mine like I never sell at the bottom, even on breakout. I await a decent pullback and resumption of trend. Eg last trade with this pair was sell at 133, took profit at 132.05. Without a critical lower reduced I will wait again for at least high 132s before shorting.

Hi, I agree with you. But yesterday I saw a couple of signals for break to drawback, but it didn't occur.

When price goes out of range, there is usually wonderful opportunity for fast pips. In that siuations I am watching the significance with different pairs. When one pair broke to drawback I open position with tight SL the moment my pair broke also.
Of course await pullback is much more safe, particularly because of false breakout possibillity.

Now we are back in range. Sell at the very best, buy at the bottom, only for scalping.

But it's Friday. I don't trade on Fridays.

Originally Posted by ;

quote wow. . !!!

Time to out them.

Originally Posted by ;

quote No winners yet. Still awaiting some movement to give direction. Bias nevertheless down.

Really loving how price action is turning. Can see lots and lots of downside here in order to correct or go .

Still moving in range. . .we require brakeout for movement. It could go both ways.

Originally Posted by ;

Yen may weaken a little here.

Yes I see. . .right after I opened the place... I have tight SL so no panic. Every trade is risky.

Hello fellow traders,

Expecting zigzag up on h4.

Thanks

Originally Posted by ;

quote Really enjoying how price action is turning. Can see lots and lots of downside here go or in order to fix .

Monthly wants lower but Daily is setting up a great fight. Expecting an evaluation of

Originally Posted by ;

quote EJ vs UJ.. .which would proceed up? Why is EJ opted for by you ? Cheers.

I haven't traded UJ although it might be heavily correlated.i am doing alot of research om correlation and it's a beauty to determine how it works. I have scalped the long posiyion but I will wait for a fall to 131.808 prior to selling. Are you into high precision entries sir?

Due to swap time let bid close at or over 131.693