Short EUR/JPY

Discussion in 'Forex' started by riskfreetrading, Mar 25, 2008.

  1. TRAS

    TRAS

    shorted 164.219 Yesterday! 50 pip stop
    I did not have time to watch.....

    Working on auto trader for trade station
    for SP 500. Showing Profits
     
    #451     Apr 24, 2008
  2. KS96

    KS96

    Just covered all 3 shorts @ 163.40, +83 pips.
     
    #452     Apr 24, 2008
  3. The short answer no. The long answer is below.

    This thread was started at a certain point when this pair was in the 158 to 157 resistance. I was thinking at that time, that it might reverse. I made some money on it at that time, but then some people showed interest and were telling me in this thread (and also in PMs) to continue posting probably because I was showing how I scale in and out. So the thread changed to simply trading it when ver there is an opportunity. The aim became: could one make money on it regardless of what one's daily bias is? The last three days, I saw a shift in my mind and in the other bears posting on this. They became more convinced that it would break,and it did today.
     
    #453     Apr 24, 2008
  4. TRAS and KS: good job guys. Sorry I could not post.
     
    #454     Apr 24, 2008
  5. sam0182

    sam0182

    My limit sell was missed by a few pips and I subsequently missed the boat.

    Congrats to those who made some pips on the drop last night :)
     
    #455     Apr 24, 2008
  6. KS96

    KS96

    use stop-sells to get in during the breaks
     
    #456     Apr 24, 2008
  7. KS96

    KS96

    We are currently seeing some random moves.
    I may try to re-enter short in the ~163.70-75 area, with target ~162.75.
     
    #457     Apr 24, 2008
  8. Do not worry, there will be more opportunities. I used some stop sells, and I get stopped out on some, even if some made money. That is why I prefer live trading when I can see the action.

    PS: Thanks for the kind matter in the PM. I receive numerous PM, and sorry that I did not reply soon. I will respond
     
    #458     Apr 24, 2008
  9. 9:11PM: shorted 1/4 of intended size in area of 163.65.
     
    #459     Apr 24, 2008
  10. 12:28AM: closed above for 22 pips gain @ 163.43. (bed time, and I do not watch to have exposure during my sleep as my entry is not far from current price).
     
    #460     Apr 25, 2008