Short EUR/JPY
- Thread starter riskfreetrading
- Start date
Over the weekend we gave an alert to watch oil and this has been a great week because of the confirmation shown in the market place.
The Es instantly pull back as the crude oil contracts started to move higher and we will keep you up to day on the activities.
Euro is range bound on the weekly Up
Daily it looks like a 5 wave is in place Up
Hourly It is making a pull back to the 1.57992 to retest to continue higher.
Still up until it breaches Last level!
The Es instantly pull back as the crude oil contracts started to move higher and we will keep you up to day on the activities.
Euro is range bound on the weekly Up
Daily it looks like a 5 wave is in place Up
Hourly It is making a pull back to the 1.57992 to retest to continue higher.
Still up until it breaches Last level!
TRAS: Unless others object of course or I mis-understood some of your posts, could I suggest that you make the trade calls on EUR/JPY in this thread, and start another thread for the ES futures trades? I think it is ok to support trade calls using equities and other indices and explain it here, but it would be better if we can focus it on the topic of this thread (trading EUR/JPY). Just a suggestion. Have good trading.
Just took off the second 1/2 off at 161.13 as we seem to be stuck in a congestion for now, and as I may not be able to watch the Asian session. So, for the moment, I am flat on this pair.
Summary: took 33 pips for 1/2 and 20 pips for second half. Average is then: 25 pips today for the overall position.
Cumulative for this week on this pair is: 25 (today)+30ish (yesterday)-20 (2 days ago)=35 pips.
Will try and score a better entry later.