9:21PM: took above off for +20 pips profit.
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Short EUR/JPY
- Thread starter riskfreetrading
- Start date
9:21PM: took above off for +20 pips profit.
Quote from riskfreetrading:
I am building the short position as I am not sure whether it would make a head fake by going to 162.35 area of even 162.70 area before a less opposed down move. As you can see, I did not yet short all my intended size.
What I wrote in the above post took place this morning. Did you guys play it?
Hello riskfreetrading.
I'm still in short adds.
I'm still in short adds.
11:01AM: this may not be a good entry since I do not want to miss anydown move without me being in I entered this:
Short 1/8 of intended size EUR/JPY @ 162.38.
I would love it if it goes to 162.80 to 163.00 area as that would be a good entry for me.
Short 1/8 of intended size EUR/JPY @ 162.38.
I would love it if it goes to 162.80 to 163.00 area as that would be a good entry for me.
11:23AM: Short 1/8 of intended size EUR/JPY @ 162.43.
1:15AM: Shorted a 3rd 1/8 of intended size EUR/JPY @ 162.67.
It is now 1:23PM. I will not be surprised if at around 3:15PM, EUR/JPY is around or below 162.15.
Since I may not be in front of a machine at around 3:15PM, I left some take profit orders in area of 162.05.
Since I may not be in front of a machine at around 3:15PM, I left some take profit orders in area of 162.05.
No corelations with DJ for yen crosses today.
Looks like DJ find support near 12800.
200MA H1 and 23.6% fibo from the lows H4.
Imo the Japanese will buy yens later...
Looks like DJ find support near 12800.
200MA H1 and 23.6% fibo from the lows H4.
Imo the Japanese will buy yens later...