Short EUR/JPY

4:50PM: took 22 pips on the above. Closed at 162.21.

 

closed with 17 pips.

 

be careful at least from now (5m) to 6:30Pm. She may race to 162.85 area where sellers could be found. I have seller orders there.

 

ok, thanks .
i will add at 162.70

 

danger time has passed. Now do what you think is right. I have not studied it yet, but the fact it did not react up sharply is a sign of weakness, but never assume anything.

 

I just checked chart. Biais is down. Lookforward to 162.00.

 

6;53PM: shorted 1/8 at 162.20. But be on guard as it depend on the the 162.15 and whether and how it breaks it.

 

7:ishPM: Not moving as I please. so took this off for +7 pips profit.

 

I just analyzed the 1/2 hour charts of EUR/USD and USD/JPY. It tells me that we might have a big sell off on EUR/JPY. Yet the break of 162.15 was not fast.

Maybe I have to wait the asians to wake up, and show their crowd behavior. If true we might have a big sell off. We will see.

 

I re-entered at 162.08. If there is a break, it should go to 161.50 before midnight tonight. I do not want to miss. But on the other hand be carefull if it is setup. It is at a hanging point, and might even stay where it is. It is a hard call. Join the sell off if it happens.