Thread: EUR/JPY

I opened (small) SELL in 131.70, SL in 131.87, TP open. I will move stop reduction to start price as soon as possible.

Yen can weaken a little here.

Originally Posted by ;

I started (small) SELL in 131.70, SL in 131.87, TP open. I will move stop loss to open price when possible.

Strike my SL. I will wait a little. There are some mixed sign today, but I'am still on short side for the time being.

AUDJPY hit now low and going against yestrday low. Watch for rest. . .then EURJPY will go lower too as I stated before.

The party starts. . .but still awaiting decesive fracture to drawback... If it does not break, then it may bounce upward, so wait to get obvious signal before open market.

Now it is time to exchange.

Joyful trading and nice day.

*** Do not place all your eggs in 1 basket ***

Closed my brief with small profit. On the lookout for sell entry higher with tight stop loss. Also sell beneath 131.50.
I don't see buy yet.

Originally Posted by ;

quote Hi, I believe another fantastic sell point is break of now S1(131.55) and yesterday low(131.38), using tight stop loss(only above broken S1). If price brake my foundation SL in 132.30, then is quite danger for short now.

Very different style to mine like I never sell in the bottom, even on breakout. I await resumption and a pullback of fashion. Eg last trade with this pair was sell at 133, took profit at 132.05. With no critical lower reduced I will wait again for at least high 132s prior to restructuring.

Short at 132.20, SL 132.45. TP available for now.

Originally Posted by ;

Short in 132.20, SL 132.45. TP available for now.

Moved SL to start price.

I really don't think selling is a fantastic choice, but who knows...