EUR/JPY

[ithatheekret]

Just closed the first entry with profits and now riding a 162.214 , gives me more scope for further dips ahead of a higher move or an immediate reversal without maxing the margin out again

 

[ithatheekret]

These peaks and troughs ( looking at the 30 sec ) are nice 50pippers .

Great swingers , ( you on 'em Trade It ? ) just under 2 cents in a small time frame .

PS.. thanks for the eyes up Reece , had just arisen from my nanny nap .

 

[ithatheekret]

holding three possies now 162.214 , 162.175 and a minute ago 162.419 , as all my indicators semaphored pulling the trigger again .


must stay awake now

 

[ithatheekret]

keeps challenging my last entry , wish it would hurry up and get it sorted .

I want to go and get some US banks .

 

[>Apocalypto<]

( you on 'em Trade It ? )

ithatheekret,

I was not in very much last night. I took 5 scalps 4/5 win/loss. I only scalp from 6pm - 9pm latest but if i reach 10-15 pips i wrap it up for the day.

 

[ithatheekret]

I've had a late start today , noting the 160.4's looked in at already and I think at this juncture it will be restested again .

Banging around @ 161 .60 about 100 pips off the last resistance point .

retest of 160.4's would also mean that the 50% fib @ 158.5 is on the card with 156.3 just below that as the closest support in that area I can find .

that set of topping moves failed , so the high 163's .80/90 are the brick wall to the road to 167 heaven .........

an attempt of reversal would also have to pass the 161.8/9 ..... area a bit of pressure there too .

 

[ithatheekret]

trying to move into 161.20 now , but this would have to mean that the USD/JPY could see in 108's again today , amazing Yen strength , I hope the soph. hswives are having fun with all the strength in their currency .

I was speaking to a broker earlier today and he mentioned 102 on the Yen .

BoJ wouldn't like that .

 

[reece55]

Well, it didn't stay above the 200 MA for very long, did it......

EUR/JPY is out of bounds again, but thats nothing new lately......

Interesting juncture tonight here, once again the inverse correlation to equity markets clearly illustrated...... 160.60 - 161 has proved a good buying area lately, so it will be interesting to see where we go from here.... I would favour a quick long scalp for a few pips with a tight stop, for those short congrats.....

Cheers

 

[ithatheekret]

I put my money where my mouth was Reece , had to after posting it .

Saw the 161.9 area hit , had entry ready . picked the new puupy up and it was 162. went to get that and only managed a market @ 161.869 , tacked on two more @ 161.606 & 161.061 ( risky one )

If it actually hits 156 expect a massive bounce .

 

[reece55]

I put my money where my mouth was Reece , had to after posting it .

Saw the 161.9 area hit , had entry ready . picked the new puupy up and it was 162. went to get that and only managed a market @ 161.869 , tacked on two more @ 161.606 & 161.061 ( risky one )

If it actually hits 156 expect a massive bounce .

Are you long mate??????? Couldn't quite determine from your posts....

I got in at 160.60, closed out for a quick 20 pips....... MMmmmmm... this pair is fun....

Cheers

 

[ithatheekret]

160.093 too


Short cobber

just in case layperson traders are reading this : currently short the Euro , long the JPY

 

[ithatheekret]

160.40 retest area

 

[reece55]

160.093 too


Short cobber

just in case layperson traders are reading this : currently short the Euro , long the JPY

Glad I was after quick pips, 159 here we come.......... The yen is being bought back at a fierce rate...... Good going mate......

Those poor Japanese housewives couldn't maintain the unwinding of every hedge fund in the world......

Cheers

 

[ithatheekret]

They've got it tough I reckon mate .

160.525 says my indi's for another button press .

 

[ithatheekret]

little scalp there , don't trust em all the time vision is better and the chart looks like it needs a nice spike to 160.662 to short the pants out of

 

[ithatheekret]

Yeah , speaking of those hswives Reece , all the growth in Japan has mainly been centred around Tokyo , and the infrastructure in regional areas is pitiful , bit like our roads . I bet the Japanese would prefer a government that went on an infrsatructure spending program . That's where all the marvellous numbers came from , at a cost to many families .

 

[ithatheekret]

reversal after quite a few bounces off 160.40's , could be interesting with a sell off starting equities wise .

 

[ithatheekret]

Good swings tonight , sell off in equities .

 

[Kauri]

Good swings tonight , sell off in equities .

Might be an interesting night.. what with the US shutting down for the Thanksgiving very long weekend and Japan closing for friday... may be some big swings squaring up and covering... and probably magnified by lower volume???
Cheers
........Kauri

 

[ithatheekret]

Oh Kauri you should see this cross moving today , trying to hit 160'4's again , that might open up those 159 gates , what with all this Yen strength .
Each time I look at the Yen I shudder , daughters going over again , as she teaches the language now , the holiday/educational jaunt looks to be getting more expensive by the second .

Skippy needs to let ol' man Emu drive or we'll breach .873 again