Anyone here trade the EUR/JPY???

Aug 13, 2013 at 11:05
Przeglądane 642
9 Replies
Uczestnik z Aug 13, 2013   6 postów
Aug 13, 2013 at 11:05
I have just started trading this at the beginning of this year 2013 and since i dont trade with StopLoss , i find EUR JPY a very good pair to trade.

I have been consistently making 100 plus pips per trade and i only do long term trades ( 3 days or more) coz its much more stress free.

I would like to hear more from those that are trading EUR JPY.
Uczestnik z Nov 21, 2011   1718 postów
Aug 13, 2013 at 11:35
Uczestnik z Feb 19, 2011   61 postów
Aug 13, 2013 at 16:38
You are right, I do like EUR/JPY pair very much due to the same reason as you suggested.

Regards,
dxnation
Be among the very successful Forex Account Managers.
Uczestnik z Jun 03, 2010   696 postów
Aug 13, 2013 at 19:03
I also trade on EUR/JPY :)
PAMM MANAGER // Professional Fund Manager
Uczestnik z Nov 21, 2011   1718 postów
Aug 13, 2013 at 19:33
Who doesn't like to trade EURJPY? : )
Uczestnik z Aug 13, 2013   6 postów
Aug 14, 2013 at 06:51
Crazy Trader, Yes im LONG at the moment. Opened a position at 128.133 and so fa making 213 pips. The other one i opened at 129.626 is up to 64 pips right now. And price right now is at 130.269.
Uczestnik z Nov 21, 2011   1718 postów
Aug 14, 2013 at 07:36
10folds posted:
Crazy Trader, Yes im LONG at the moment. Opened a position at 128.133 and so fa making 213 pips. The other one i opened at 129.626 is up to 64 pips right now. And price right now is at 130.269.

GG
Uczestnik z Aug 23, 2012   2 postów
Aug 14, 2013 at 14:40
10folds posted:
Crazy Trader, Yes im LONG at the moment. Opened a position at 128.133 and so fa making 213 pips. The other one i opened at 129.626 is up to 64 pips right now. And price right now is at 130.269.

I trade EJ actively too. But dont seem to have the patience to accumulate such huge profit. How do you decide on taking profit?
Uczestnik z Aug 13, 2013   6 postów
Aug 15, 2013 at 06:31
I like swing trades because they are less stressful ...... i just put a trade or two and then i wait for 3 to 8 days to collect the profit. I have been trading since 2004 . . .so its been 9 years ..... so you know i have gone through alot more in those 9 years and i have learnt alot too. Lost more money than i gained .So i guess...this time, all my experiences along the way has finally paid off.

The journey was rough , but i think it has left me better than it found me. I am doing it slower but surely getting the profit that i only used to dream about.

And with taking profits...... i have been doing this for 9 years and everyday , so i just have this pattern that look for that tells me that the market is about to turn.....so i take my profit and then trade put a trade in the opposite direction.....so far its working out really well.
Uczestnik z Aug 13, 2013   6 postów
Aug 15, 2013 at 06:31
BTW .... i have taken my profits last night. And im already SHORT the EUR JPY . . .

Its not too late for you to do the same. Im thinking , this could be a 300 - 400 pip move down.

I dont use Stop Loss ....but if you want to use Stop Loss...you can put it at 130.680


You must be connected to Myfxbook in order to leave a comment
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.