Eur/Jpy

[Tanveer333]

if İTALY cases comeback to scene.This pair can fly to south 120.00 area so fast.And nobody here.Thats strange.

i am shorting 128.00 eurjpy.
ciao

[Asif777]

I love your analyses,
I am into the longer term trading style as well, but i closed these trades due to the vulnerability over the weekend, especially because of the EURO -crisis-.

My opinion is we could see a significant bounce at the low 125.xx / high 124.xx area and retest the 126.xx area.
But again, all speculative and very much driven by macro economics

I will post my trades here
I love your analyses,

I am into the longer term trading style as well, but i closed these trades due to the vulnerability over the weekend, especially because of the EURO -crisis-.

I think we could see a bounce

[Hanif484]

Today im want to share my trading setup for pair usdchf .. structure pair usdchf still uptrend 4 major trend..

[Tanveer333]

My EA placed a big Long in this hours, that means that is very sure that in a big view a long trend is confirmed, and in the next hours a long can be very plausible win.

The EA identifies the Fundamental analisis and uses pivot points, avramis and other adapted called simeter and extrapolator. (Other called lucky developed personally).

Sell at this point is very dangerous.

Big long in 132.140
I'm not sure about the tp, because it close the positions dynamically but watching the fundamental analysis let's wait to the Dragui Speak.

[Asif777]

I placed long in 132.808, maybe can go down in the next hours if it happens and if everything is normal I will go long more strong. the support before to go strong long is around 131.00(if fundamental and everything is ok). Idk if i can get some bearish signals if happens, at this moment I don't have any shorts placed. the support can be much higher.

[Hanif484]

My EA started to focus on bearish signals due the fundamental análisis. Let see what happens, Open in 131.254 - TP less than 130.500 - It placed a small loong maybe will keep corrections. It happens a lot with EUR/JPY. If reach it will keep placing shorts more hard.
--- EDIT ---
Ok i say nothing when i was writing this it closed the sells due the big down, and open a new long, but keeps focusing in a big trend for bearish signals.

I think 130.8 will be a new tp for new orders of longs, or maybe will keep grow to 131.28

[Tanveer333]

Perhaps you've said in previous posts and I missed it, but what exactly is the above chart showing you?

[Asif777]

Got sick of hoping it would go up and went and had a coffee break. What a freaking nice surprise! TP1 at 128.673 (which was a TP i'd placed earlier) , TP2 128.896.
I tend to fear it's a trap and TP too soon, lifting my SL to 128.565 to ensure min $50 profit on last, with TP of 129.160 on last which would be $420 profit.

NB edit, bird in the hand and all that, saw EU retreating and TP my last trade 128.985 for $300. Forex job done for today, good luck to you

[Hanif484]

Hey hellsbells, I see what you're looking at but there's one big reason I wouldn't bother being long EURJPY and that's the Euro.

The Euro has been in such a downtrend lately, and I don't see it letting up. You'll be fighting an uphill battle and probably go nowhere fast if the Yen and Euro both continue to weaken together.

I think you'd do far better going long USDJPY if you wish to have a short Yen position.

[zahir123]

EURJPY Today Analysis

PIVOT POINT 124.63

Support 1 124.29

Support 2 123.89

Support 3 123.55


Resistance 1 125.03

Resistance 2 125.37

Resistance 3 125.77