Short EUR/JPY

Quote from riskfreetrading:

Just took 27 pips off the table for half of what I had entered earlier. Covered at 158.90 at around 3:35PM.
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4:13PM, I just put what I covered at 158.90 back. New entry price is 159.07 for 1/4 of eur/jpy. Might add the 1/2 that I could not put in earlier this afternoon if market goes up and fails, but currently it looks that it is not going up very far, more likely it is going down from here during the next few hours.
 
Just closed half of my current short position in EUR/JPY in area of 158.67. This booked a 40 pips gain on this half. I put a stop to guarantee a 20 pips gain for the remaining half. I have not studied it carefully, but I want to make sure that I lock some gains, and leave a half in case it goes down further. Time now is 9:43PM (EST). If it goes up, I will work on it again to determine the time and price to short it. Thursday might be a down day for equities, so this pair and equities may start getting ready for Thursday potential down tonight and tomorrow Wednesday.
 
Good Morning Europe.
Hello everyone.

Correction: I Missed my target 158.50 by 8 pips this night , sorry , i'm closing it now at 158.84 +21 GMT 05:20
 
12:42AM. Just shorted EUR/JPY, 1/4 of position at 158.93.

12:46AM, added another 1/4. (stops are very tight here).

Immediately afterwards, fast descent, but it is not clean. 5-minute traders have to be defeated before a clean leg down can start. Be careful of a head fake.

12:53AM: 1/4 (half of current) is taken off with 8 pips gain. Bulls have to be defeated cleanly.

Errata: I have been writing EST, it should be EDT (Eastern Delayed Time). Replace all above EST, by EDT.

1:03AM: took the second 1/4 off, with a small gain (5pips). Reason: Price not moving down cleanly. Maybe it wants first to visit higher prices before going down. Some bulls have to be cleaned first before a clean move down.

(1:03AM EDT): Position is flat. If something happen before I go to bed, I will post it.
 
Quote from CurrenstocTM:

Good Morning Europe.
Hello everyone.

Correction: I Missed my target 158.50 by 8 pips this night , sorry , i'm closing it now at 158.84 +21 GMT 05:20
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Good morning, and congrats for your profits! Middle of the night in eastern north america here.
 
Curren:

You have a fancy chart/analysis there. I will check it up. I have to figure what those triangles, letters, etc, mean. Maybe when I wake up after sleep.
 
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