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eurjpy big move

rob559
Dec 18 2015 at 15:25
posts 1916
yes indeed, but you know it will go even further down that pair is very predictable and fun
dianajs
Dec 20 2015 at 07:55
posts 823
You're right, it is quite predictable. It's headed for 129.70 again, I think.
lostinforex
Dec 20 2015 at 08:33
posts 3
FXtrader2010 posted:
nice move!!

Hmm well yes, I was expecting the down move, but the big spike right before triggered my stop-loss, hmm. :(
rob559
Dec 20 2015 at 16:28
posts 1916
lostinforex posted:
FXtrader2010 posted:
nice move!!

Hmm well yes, I was expecting the down move, but the big spike right before triggered my stop-loss, hmm. :(

sl must be larger ,i made the same mistake
lostinforex
Dec 21 2015 at 09:37
posts 3
rob559 posted:
lostinforex posted:
FXtrader2010 posted:
nice move!!

Hmm well yes, I was expecting the down move, but the big spike right before triggered my stop-loss, hmm. :(

sl must be larger ,i made the same mistake

Well I'm not sure. I like my stop-loss to sit tight. So I think I will do the same next time also. :)
rob559
Dec 21 2015 at 17:42
posts 1916
61.8 fibo down, be surprised if it does not go further down,,,euro started rising a bit ,that is the x factor that caused the slowing down
dianajs
Dec 22 2015 at 07:16
posts 823
I try to avoid trading around big high-impact events to avoid that exact situation.
Capitalinvestfx
Dec 22 2015 at 07:18
posts 64
temporary halt into the downward trend
mlawson71
Dec 22 2015 at 11:05
posts 1487
It will rise to 133 at best and then it will continue falling, I think.
rob559
Dec 22 2015 at 15:16
posts 1916
dianajs posted:
I try to avoid trading around big high-impact events to avoid that exact situation.

it depends ,in that case the news triggered the fall,but hollidays is no a good period to trade,80% of traders are on the sideline for 2 weeks or so ,so no money influx going on ,already that the market has not behaved the same since the euro crisis it adds up at the t crazyness of it,here is why the pair started going long again

Some volatile action in the JPY following the BOJ Meeting and a decent sized selloff in US stocks were the main focus on Friday. The US$ was otherwise a little softer against both the EU majors and the commodity bloc (with the exception of the CAD, which suffered another beating after reaching 1.4000 on the back of the soft oil price), which took advantage of higher prices in the metals.
rob559
Dec 23 2015 at 17:34
posts 1916
as soon as it gets rid of the 61.8 retracement ,it will go down to 130.19
keith Mellor (Sceadagenga)
Dec 24 2015 at 10:44
posts 83
Looks like consolidation until after 28th December
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
mlawson71
Dec 24 2015 at 11:05
posts 1487
I would say the consolidation will continue until after 1st January 2016.
rob559
Jan 04 2016 at 16:13
posts 1916
that was a great ride 400 pips again !!!
rob559
Jan 07 2016 at 17:30
posts 1916
i think is already started to swing back up,time to go long
dianajs
Jan 10 2016 at 11:05
posts 823
I think it might reach 127.00 before it starts climbing again.
rob559
Jan 10 2016 at 14:37
posts 1916
i swing trading 4 hre chart we can go long already with the appropriate sl ,needs a large sl 126.15 should be the sl
Capitalinvestfx
Jan 10 2016 at 15:16
posts 64
reach the bottom at 126.60...so the climbing started at that point..imlong since 127 my sl at 126.15...the only thing thing you can be sure is that it will go up again for another 400 pips or so ,this is the best swing trading pair in fx
mlawson71
Jan 11 2016 at 13:02
posts 1487
I have longs too, although I'll probably close them when it reaches 128.80.
rob559
Jan 27 2016 at 14:27
posts 1916
made another 300 pips, cut it short cause of an ascending triangle on the way and might be a sign of a breakout,down as it flirted with the lowest support 2 weeks ago so it's time to take your profit and wait for the next move
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