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.
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.
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.
This pair reached a low of 130.38 and I just missed that entry, if u were in it had a good move from that point. I enetred however at 130.70 again. My 1st target of 131.02 is reached, 131.35 is next.
Tuesday 04/14/2009: Long at 131.04 exited part at 131.50 rest was stopped out at 131.00 Total Pips 42.
Wednesday 04/15/2009: Short at 131.50 part closed at 130.94 part closed at 130.60 rest stopped out at 131.20 Total Max pips : 90
Thrusday: Had my entry set at 130.35 but it was missed my just 4 pips, re-entered at 130.70 part exit at 131.02 next exit at 131.22 rest was stoppedd out at Break Even (BE) Total Max Pips: 52.
Its friday today, I stay away from market, will come back on Monday.