Short EUR/JPY

riskfreetrading · Apr 4, 2008

2:58AM: took off two of the 1/8 of the 3/8 short position on EUR/JPY, for about 25 pips each. Covered at around 160.44. Left 1/8 in case of breakdown.

Due to coming report release, I have to limit size left. Placed order to put back one 1/8 short in 160.70 area. It is night for me here. See you tomorrow.

riskfreetrading · Apr 4, 2008

Quote from CurrenstocTM:

SHORT EUR/JPY 160.75
1:15:41 EST

Good call. Did you change your method of prediction? It seem sdifferent from your previous calls.

riskfreetrading · Apr 4, 2008

Could I ask one of the readers to please tally my performance? Smallest increment I have used is 1/8 of position size. So you can count 1/4 as two 1/8 increments. Sum all the pips I have made minus any losses, and divide by the number of 1/8 trade increments.

You can also calculate the other stats such as percentage of wins, losses, average win, average loss, draw down, etc.

Anything that can be done will be appreciated. Thanks.

riskfreetrading · Apr 4, 2008

Quote from CurrenstocTM:

SHORT EUR/JPY 160.75
1:15:41 EST

You mean EDT instead of EST?

TRAS · Apr 4, 2008

The short at 1:15 on the E/J, did you have a Gann Cycle chart to determine that trade??

TRAS · Apr 4, 2008

My indicator showing 1:50 to 2am for the E/J pair.

Volume Dropping
Over bought indicator
LR Signal

CurrenstocTM · Apr 4, 2008

Sorry I mean EDT
cover the short from 160.75 at 160.20 09:21 EDT
+55

CurrenstocTM · Apr 4, 2008

Added Shorts target moved at 156.58 EUR/JPY
We Have Double Top.
HEDGE LONG above 161.60

riskfreetrading · Apr 4, 2008

10:16AM: covered half of what I had at 65 gains. Covered at around 160.03.

TRAS · Apr 4, 2008

1366 area area to watch on the very weak no up volume. Holding back any long entry, it is pushing the E/J down. Have a good day/wkend got to open the shop!