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  1. #1
    pash78 is offline Junior Member
    Join Date
    Oct 2007
    Posts
    97

    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.


  2. #2
    pash78 is offline Junior Member
    Join Date
    Oct 2007
    Posts
    97
    Alright bought EUR/JPY at 133.02, lets see how this trade works.

  3. #3
    pash78 is offline Junior Member
    Join Date
    Oct 2007
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    97
    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

  4. #4
    pash78 is offline Junior Member
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    Oct 2007
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    97
    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.

  5. #5
    pash78 is offline Junior Member
    Join Date
    Oct 2007
    Posts
    97

    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

  6. #6
    pash78 is offline Junior Member
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    Oct 2007
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    97
    Please note I will modify my targets at 5pm EST depending on the new pivot points.

  7. #7
    pash78 is offline Junior Member
    Join Date
    Oct 2007
    Posts
    97

    Default Please ignore

    Please ignore this trade forget about FOMC meeting today.

  8. #8
    pash78 is offline Junior Member
    Join Date
    Oct 2007
    Posts
    97
    I am in at 131.70 S/L is 131.30 bit risky but will ride it.

  9. #9
    pash78 is offline Junior Member
    Join Date
    Oct 2007
    Posts
    97
    Closed part of position at 132.35, moved S/L to BE will update the next targets after 5pm EST.

  10. #10
    pash78 is offline Junior Member
    Join Date
    Oct 2007
    Posts
    97

    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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"Anyone who lives within their means suffers from a lack of imagination."
Oscar Wilde