EUR.JPY

**peat** · 16-02-2008, 09:59 AM

the girl spotted a W so we;ve put in a trade on it for her. she can pay up if it loses

sell @ 158.56 stop 159 take 157.5

**dumbass** · 22-04-2008, 07:48 PM

looking like a short in play on this one which may back up short on eurusd

trendlines converging

butterfly and a gartley prz around 165

shooting star candlestick

divergence on hourlies

apologies i have chucked up prettier stuff than this chart

short from 164 sl 165

**arco** · 22-04-2008, 11:29 PM

Hi All

Yes looking quite interesting now for a potential reversal
pattern in the green box, and off the upper channel line

rgds - arco

**dumbass** · 29-04-2008, 08:01 PM

looking like a move is on

200 + but still eur weakness rather than yen strength

so should accelerate lower when yen comes in

**dumbass** · 01-05-2008, 11:52 AM

the dilema of risking big counter rallys but hanging on for the big move lower

my target on this one 155 , lower TL now established looks like you could still short with a risk limit 16320

personally i try and jump on probably too early at the turn to be able to ride the big moves

but i do get stopped a fair bit because of that .

**Bilo** · 04-05-2008, 10:29 AM

Originally Posted by arco

Hi All

Yes looking quite interesting now for a potential reversal
pattern in the green box, and off the upper channel line

rgds - arco

It started down, got a bit of a kick back up on friday stretching my expectations of its rate of descent when upset with the US employment data. Will EUR/JPY continue on its steady down this week? How far? How fast?

**arco** · 05-05-2008, 03:08 PM

Originally Posted by Bilo

It started down, got a bit of a kick back up on friday stretching my expectations of its rate of descent when upset with the US employment data. Will EUR/JPY continue on its steady down this week? How far? How fast?

Bilo

IMO its always wise to expect large wave gyrations in crosses like Eur.Jpy.
What we are seeing here now is a retracement of the previous move. Check out my recent post on Gbp.Nzd thread and you will see one of the many ways of dealing with this potential move/setup.

rgds - arco

**Bilo** · 05-05-2008, 03:46 PM

Originally Posted by arco

Bilo

IMO its always wise to expect large wave gyrations in crosses like Eur.Jpy.
What we are seeing here now is a retracement of the previous move. Check out my recent post on Gbp.Nzd thread and you will see one of the many ways of dealing with this potential move/setup.

rgds - arco

Thanks for the reply Arco. i had a bit of trouble finding a thread and then uncertain of what I found. NZD.GBP. A Xerof post. Does this suggest that you either let it run or sell at the new established point? it raised the question of how high is it likely to retrace to?