Thread: EUR/JPY

Originally Posted by ;

just so that you know you are shorting EJ to EU bull flag on H1 and weak yen. image

Outside, -24

I think he will rise.
So I am long.

I truly don't know what's going to happen but I'am still brief... In my opinion when shut below 131.20 there's no real service until around 128.00.

I think EUR is showing some weakness in all major pairs, so there I find possibility to return...

But. . .Always trade your egy. . .don't folow me...I'm not the prophet.

Originally Posted by ;

quote Why many entries? There's enough liquidity for you here... assuming you get a typical 2 pip spread and 12 pips SL you're killing your account, slowly but you're killing it... you need to have a SL for minimum 20x the disperse and TP should be possibly 25-30x not more either... GL

Hi, there in which special conditions that day, so I use quite tight stop loss for recharging. I did complete day positive, although two of my SL was hit.

In general, completely agree with you (Previously I have already murdered my account, but because of greed...)

Daily
Long TP 136.180

Pending Short 13.180
Short TP 127.656 SL 138.360

GL

H1
133.393 was Only Fine for short
TP 130.649 - 130.377
SL 134.189

GL

No warranty Friday's move up has now topped. However a drop back in the area of 50% to 70% could be anticipated next week after verified.

I am still selling on every top formatting, taking half profit at 40-50 pips and proceed SL to open price for second half, waiting go back below 131.20 with TP 130.15 and 128.20.

I will do that until range broken to upside at about 134.50.

Originally Posted by ;

I'm still selling on every top formatting, taking half profit at 40-50 pips and proceed SL to open price for second half, awaiting return below 131.20 together with TP 130.15 and 128.20. I'll do this till range broken to upside at around 134.50. picture

good plan given daily chart can be showing lower highs and lower extremities.

Looking to brief EURJPY here - based on 4hr chart. Entered.