Showing posts with label EUR/JPY. Show all posts
Showing posts with label EUR/JPY. Show all posts

Wednesday, 26 September 2012

AUD/JPY and EUR/JPY Dual Trade on Again

So, I was looking at co-relations between risk currencies, and when the Japanese Yen is involved, often one Yen Cross parallels another, so I saw a dip and bought some EUR/JPY to go with my AUD/JPY and...
Look at those candles in the last 10 minutes, some high liquidity appears to be available, meaning big money. I'll see how it works out.

Sunday, 23 September 2012

Selling JPY, dual setup AUD/JPY and EUR/JPY Update

The EUR is outperforming the AUD vs the JPY, but I am still hoping for a range break on both, which would be be indicated by a move above the downward trendline on both charts.

Selling JPY, dual setup AUD/JPY and EUR/JPY

Going long on both AUD and EUR vs. JPY






A few minutes later, I have a couple of decent confirmations to stay in...




Aiming for the next big figures on both, but as it is a Sunday here in the Western Hemisphere, and action in Asia at the start of the week can be subdued and range-bound, I will probably move both to break-even as soon as it is reasonable and take what I can get. Either way, it is money in the bank.

Monday, 20 August 2012

EUR/JPY into Demand Zone in Theory

Supply and Demand, EUR/JPY is now into the session's Demand Zone shown by my trend-lines. Took a $40K contract long with the idea that it may go higher today.


As usual, the future cannot be predicted with 100% accuracy, but we can make plays based on patterns and indicators.

Sunday, 19 August 2012

EURJPY Looking a bit Tempting

Looking at this 5-Minute Chart, the possibilities are very tempting. Could it break new highs or retreat lower.

I'm not sure, so I'm not taking a position, simply watching in case I do get a confirmation either way.