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EURJPY Discuss market action in the Euro versus the Japanese Yen.

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  #1 (permalink)  
Old 04-07-2009, 01:17 PM
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Default 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.
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Old 04-07-2009, 02:18 PM
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Alright bought EUR/JPY at 133.02, lets see how this trade works.
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Old 04-07-2009, 07:17 PM
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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
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Old 04-08-2009, 09:58 AM
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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.
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Old 04-08-2009, 01:11 PM
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Smile 04/08/2009

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
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Old 04-08-2009, 01:14 PM
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Please note I will modify my targets at 5pm EST depending on the new pivot points.
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Old 04-08-2009, 03:18 PM
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Default Please ignore

Please ignore this trade forget about FOMC meeting today.
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Old 04-08-2009, 03:28 PM
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I am in at 131.70 S/L is 131.30 bit risky but will ride it.
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Old 04-08-2009, 05:31 PM
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Closed part of position at 132.35, moved S/L to BE will update the next targets after 5pm EST.
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Old 04-08-2009, 06:25 PM
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Default New Target price

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

Happy trading.
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