EUR/JPY trades after 12noon EST

Here is my trade for today:

Buy EUR/JPY around 133.20 S/L 132.50

Target:
1st – 133.90 move S/l to BE

2nd —134.15 move S/l to 134.45

3rd — 134.51 move S/l to 133.80

I generally open a standard lot and then close part of my positions at each target with jumping stop loss.

Alright bought EUR/JPY at 133.02, lets see how this trade works.

This trade is good so far, I am changing my targets due to change in pivots:

1st target 133.65
2nd target 134.22
3rd target 134.85

Ok so yesterday part of te position was closed at 133.65 and the rest was stoped out at B/E.

I will post todays trade after 12 noon EST.

Trade for today:

Buy EUR/JPY around 132.20 S/L 131.50

Target:
1st – 133.00 move S/l to BE

2nd —133.65 move S/l to 132.80

3rd — 134.20 move S/l to 133.50

Please note I will modify my targets at 5pm EST depending on the new pivot points.

Please ignore this trade forget about FOMC meeting today.

I am in at 131.70 S/L is 131.30 bit risky but will ride it.

Closed part of position at 132.35, moved S/L to BE will update the next targets after 5pm EST.

1st Target 132.35 move S/L to BE 131.72 (already reached)

2nd Target 132.80 move S/L to 132.20

3rd Target 133.30 move S/L to 132.50

If u want to ride further:

4th Target 133.75

5th Target 134.10 :slight_smile:

Happy trading.

Wow that was good trade. All three targets were reached. Here is a recap:

Wednesday trade:
Got in at 131.70 final exit 133.30 – total pips — 160 :slight_smile:

Tuesday trade:
Got in at 133.02 Part exit at 133.65 rest was Stopped at 133.02-- Total pips— 63.

Tommorow being easter holiday there will be no trades for today.

Keep wathing this space on Monday after 12 noon EST for now trades.

Happy trading and have a good weekend.

Hi Pash78,

i am also following EURJPY. Wonder what will happen after the Japan funds coming in? Also i am interested in the system or method that you use in your trade especially in this pair.

Do you have a Skype address? my is ah_leb.

Cheers

Lebca

Trade for today:

Buy EUR/JPY around 133.20 S/L 132.50

Target 1 : 133.65 move S/L to BE
Target 2 : 134.02 Move S/L to 133.35

All these targets will be revised after 5 pm EST.

Hey thanks for showing interest. My skype ID is pash78.

Price is not moving the way my system thought. May be coz of holiday. Please ignore todays trade we might have better trade tommorow :slight_smile:

Sorry guys I had to rush to a seminar today and could not post earlier. But I am in at 131.18 S/L 130.65
Target 1 : 131.65 move s/l to 131.00
Target 2 : 131.92 move s/l to 131.35
Target 3 : 132.15.

I added a few more lots to average at 131.04, new targets:

Target 1 131.50 move S/l to 131.00
Target 2 132.10 move s/l to 131.40

Seeing the down trend I am not sure if it will reach any further.

Ok so yesterday part of the portion was closed at 131.50 with 46 pips of profit and rest was stopped out at 131.00 with 4 pips loss, so overall it was 42 pips profit.

Sell around 131.50 s/l 131.95
Target 1 130.94 move s/l to 131.55
Target 2 130.60 move s/l 131.20
Target 3 130.20

Closed part position now. Moved s/l