Short EUR/JPY

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

  1. 9:21PM: took above off for +20 pips profit.
     
    #671     May 19, 2008
  2. 23:04PM: closed the above for +60 profit.
     
    #672     May 19, 2008
  3. What I wrote in the above post took place this morning. Did you guys play it?
     
    #673     May 20, 2008
  4. Hello riskfreetrading.
    I'm still in short adds.
     
    #674     May 20, 2008
  5. 11:01AM: this may not be a good entry since I do not want to miss anydown move without me being in I entered this:

    Short 1/8 of intended size EUR/JPY @ 162.38.

    I would love it if it goes to 162.80 to 163.00 area as that would be a good entry for me.
     
    #675     May 20, 2008
  6. 11:23AM: Short 1/8 of intended size EUR/JPY @ 162.43.
     
    #676     May 20, 2008
  7. 1:15AM: Shorted a 3rd 1/8 of intended size EUR/JPY @ 162.67.
     
    #677     May 20, 2008
  8. It is now 1:23PM. I will not be surprised if at around 3:15PM, EUR/JPY is around or below 162.15.


    Since I may not be in front of a machine at around 3:15PM, I left some take profit orders in area of 162.05.
     
    #678     May 20, 2008
  9. 3:15PM: closed above for +30 pips profit.
     
    #679     May 20, 2008
  10. No corelations with DJ for yen crosses today.
    Looks like DJ find support near 12800.
    200MA H1 and 23.6% fibo from the lows H4.

    Imo the Japanese will buy yens later...
     
    #680     May 20, 2008