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EUR/JPY

Discussion in 'Forex and Cryptocurrencies' started by Kauri, Sep 19, 2007.

  1. Kauri

    Kauri E/W Learner

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    Looks to be interesting for a possible short....
    Cheers
    .........Kauri
     

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  2. tayser

    tayser

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    My favourite scalping pair.

    [​IMG]

    (using LinuxTroll's scalping method, see ForexFactory)
     
  3. reece55

    reece55

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    Anyone trading this pair today or last week???? I have been shorting it recently, talk about capitulation today, 250 pip loss today, of which the majority has come in the last 3.5 hours. Looks like the yen is back in fashion........ Watch the unwinding of the carry trade.....

    Cheers
    Reece
     
  4. >Apocalypto<

    >Apocalypto< 20.03.2012

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    Hi ya Reece,

    I am short on the aud/usd long on the usd/chf

    yeh there is a massive shift out of the euro against usd and the yen.



    Mate the euro was up 6 at 4.30 in the afternoon come London open and its game on! thing really fell hard in the last two hours frighting i bet the scalpers are having a damed feast!

    Got to love the FX supermarket!

    I don't trade the euro/yen on IG as the spread is a little two wide for safe M$M$.

    I think right now there is a massive flight into safer options.
     
  5. reece55

    reece55

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    Hi Jo
    Yeah, I only realised how far things had shifted at the London open, because when I reviewed everything at 4.30 pm SYD, everything was looking fine (well, relatively ok). It doesn't surprise me the EUR/USD is down significantly - the pair has run up so much lately and the bearish comments are flowing everywhere, it was bound to retrace a little bit.... Plus the 15 minute chart was beginning to show lower lows and lower highs - the 1.43 level will prove to be fairly heavy resistance now I would have thought.

    Your x2 trades are looking nice - what's your target on the AUD/USD?

    Cheers mate
    Reece
     
  6. tayser

    tayser

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    tee hee :D
     
  7. reece55

    reece55

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    Potential attractive entry here on the EUR/JPY as a short......

    Not quite sure how to export my chart out of my new Metatrader package, but using Fibo, we have retraced about 61.8% of last nights mighty move down..... I'm targeting 164.35 - 164.40........

    Cheers
     
  8. reece55

    reece55

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    The pair has yielded 50 pips so far, taken some profits in my short, .....

    Anyone else trading the Yen pairs tonight?????

    Cheers
     
  9. reece55

    reece55

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    OK, slight backfire here..... glad I took my profits early, closed balance out once the quick move took place......

    Volatile times here on the forex express......

    Cheers
     
  10. reece55

    reece55

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    Well, looks to me like those August lows could well be retested here.....

    This pair is under extreme pressure at the moment and has now pierced through 160.46, the low back on 22nd.....

    Would like to see a small bounce, but short is looking very sweet here....

    Cheers
     
  11. ithatheekret

    ithatheekret

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    Been both ways on this baby all day , marvellous action , still short bias , currently , but after the mammoth action so far ...... 159.48 for me .... stunned , need a cuppa to regroup after that . Expecting a decent bounce back from there .
     
  12. ithatheekret

    ithatheekret

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    Bounce in smoko ........ took up @ 160.15 peakish area for reversal
     
  13. ithatheekret

    ithatheekret

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    I achieved 159.0something haven't check yet , but the balance went up promptly , that was sufficient checking . But I feel like I just played 18 holes over two dead cat bounces ............... and I reckon below 158 will be tested yet too. Long way down todays shaft .
     
  14. ithatheekret

    ithatheekret

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    Terriffic bounce after hitting 158.80's .

    The French Boss will be upset at todays action .
     
  15. ithatheekret

    ithatheekret

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    They're testing all levels on the cross today :eek:

    Parachutes and helmets stuff :D
     
  16. ithatheekret

    ithatheekret

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    Approaching the 161.50 shakeup zone after a big seesaw .
     
  17. ithatheekret

    ithatheekret

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    There goes the fuse , remain seated , for the flight ..... ejection button ready
    crikey 161.5 already .
     
  18. ithatheekret

    ithatheekret

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    That made it to 161.70 before turbulence . Note that spot .

    I think it's a beaut trading cross . The volatility is everywhere , but there are distinct signs of textbook trading all over it's chart and a few footprints in the snow , not all elk and deer either . @ 161.27 , the gloves were taken off and the battle for 161.50 started . eachway bets from there as 161.7 is it suppose to be a barrier from hell , more so than 161.9 , that's where the indicators come in handy . 161.3 looks like a desired spot , that makes me wary . But go long and short , currently long off last trough .

    Scalping all the way looks the go , averaging around 30 pips , but it's not a set and forget position , better to man the stations .........

    But one can see why money traders are so ......... so , with all the movement . That's what really counts , it's moving . :D , just leave your emotions in the desk drawer take out the charts , squizzy the indicators and get a feel for it then ............ press buttons .

    ......... the time it took me to write this , was a twenty pip swing , with trades 161.7 to 161.5 and 161.5 to 161.70 . ( 161.75 again ) After that we see what is going to disturb the market , and remember that there is a high correlation between the equity markets and the EUR/JPY cross .
     
  19. ithatheekret

    ithatheekret

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    Now there's volatility for ya .

    thef irst wave 161.7's all the way to a 161.15 overshoot , now tussling at 160.05 , will be breached .

    ... and talk about having to run down the platform to catch a train , can this thing move . With the supports and barriers being slogged out , with a few boots being thrown in . Yep it's going to breach below 160.
     
  20. ithatheekret

    ithatheekret

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    Jumped back in short on the EUR/JPY , could seek out 160.5
     
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