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Short EUR/JPY
- Thread starter riskfreetrading
- Start date
Quote from xoiper:
this 1/4 size
how many lot is it?
u r trading mini lot i get it
u r not the only one who win
i went long on eyr/jpy 159.70
two standard lot about 30+pip
It is 1/4 of my position size intended for trading. I do not reveal my position size. If my position were to be for instance 400K, then 1/4 would be 100K. 1/8 were be 50K. etc.
Did I say anywhere that I am the only one who win? I am just reporting what I did on this pair for the possible benefits of others.
Maybe I should stop posting my trades if it is irritating others.
12:53PM: 1/8 of intended position size in @ 160.29. direction: Short EUR/JPY.
1:01PM: another 1/8 size was added short EUR/JPY @ 160.45.
1:03PM: entered 3rd 1/8 of size short EUR/JPY @ 160.44.
1:06PM: entered 4th 1/8 of size. Short EUR/JPY @ 160.43.
1:10PM: took 12 pips on 1/8 entered into at 160.45. Closed at 160.33. Placed order to re-enter this 1/8 at 160.45 should prices bounce up.
1:15PM: the 1/8 I covered for 12 pips gain is back in @ 160.45. Now four 1/8 of position size are in.
I have other things to take care of today. I have other four 1/8 to enter, but I will see how it behaves from here. I will check it sometime later. Good trading everybody.
1:03PM: entered 3rd 1/8 of size short EUR/JPY @ 160.44.
1:06PM: entered 4th 1/8 of size. Short EUR/JPY @ 160.43.
1:10PM: took 12 pips on 1/8 entered into at 160.45. Closed at 160.33. Placed order to re-enter this 1/8 at 160.45 should prices bounce up.
1:15PM: the 1/8 I covered for 12 pips gain is back in @ 160.45. Now four 1/8 of position size are in.
I have other things to take care of today. I have other four 1/8 to enter, but I will see how it behaves from here. I will check it sometime later. Good trading everybody.
1:33PM: EUR/JPY went a bit higher than I expected it. So, I made small changes to my plan.
I recovered two of the four 1/8s I had one. One recovered at 160.33, and other at 160.34. Gains for these two 1/8 are: 12 pips and 11 pips.
I am leaving two 1/8s on. I may place back the two 1/8s I just covered if I manage to be in front of a trading monitor if and when EUR/JPY revisit 160.55 area and fails.
I recovered two of the four 1/8s I had one. One recovered at 160.33, and other at 160.34. Gains for these two 1/8 are: 12 pips and 11 pips.
I am leaving two 1/8s on. I may place back the two 1/8s I just covered if I manage to be in front of a trading monitor if and when EUR/JPY revisit 160.55 area and fails.
Quote from riskfreetrading:
Did I say anywhere that I am the only one who win? I am just reporting what I did on this pair for the possible benefits of others.
Maybe I should stop posting my trades if it is irritating others. [/B]
Please keep posting and ignore the one-off posters...I appreciate your reports and feedback on this pair. It's good to see the thread active.
I'd be right in there with you but have been locked out of my broker at work the last few weeks... :/
Good trading RiskFree
4:41PM: placed back 1/8 EUR/JPY short @ 160.67.
4:46PM: I do not have time to watch it. So, I placed another order in for one 1/8 of position size @160.67. It might go higher to 160.77 area, but I do not have time to watch now.
Will check later to whech whether to enter rest of size or profit taking. Have good trading everybody.
This pair can go to 161.20 area (a stronger test of its bullisheness should be there).
4:46PM: I do not have time to watch it. So, I placed another order in for one 1/8 of position size @160.67. It might go higher to 160.77 area, but I do not have time to watch now.
Will check later to whech whether to enter rest of size or profit taking. Have good trading everybody.
This pair can go to 161.20 area (a stronger test of its bullisheness should be there).
10:09PM: I tried logging to ET earlier today on multiple occasions but could not log. I did various operations, but since I did not report them in real-time, I will skipp them. Assuming the position are as indicated earlier:
Take off the two 1/8 that were entered at 160.67. Recover at 160.54 for 13 pips profit for each of the 1/8. Re-rentry is considered if visit is made to the high of 160.90 area.
Take off the two 1/8 that were entered at 160.67. Recover at 160.54 for 13 pips profit for each of the 1/8. Re-rentry is considered if visit is made to the high of 160.90 area.
11:13AM: sold short 1/4 size of EUR/JPY @ 161.83
11:16AM: sold short second 1/4 size of EUR/JPY @ 161.96
11:22AM: sold short third 1/4 size of EUR/JPY @ 161.97
11:30AM: sold short fourth 1/4 size of EUR/JPY @ 161.97. Entry is complete.
11:16AM: sold short second 1/4 size of EUR/JPY @ 161.96
11:22AM: sold short third 1/4 size of EUR/JPY @ 161.97
11:30AM: sold short fourth 1/4 size of EUR/JPY @ 161.97. Entry is complete.