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[mvtrader2000]

The eur/jpy is just reaching the top of it's trading range (107.81). If it fails to break we could see a decent reversal.

 

[Pat494]

The eur/jpy is just reaching the top of it's trading range (107.81). If it fails to break we could see a decent reversal.

Just jumped out of eur/jpy for a small profit.

Will wait to see if reversal looks likely

 

[wackypete2]

eu & ej charts look similar.

 

[mvtrader2000]

German Industrials just came in positve (better than expected) so that should give eur/jpy the test.

 

[Pat494]

I am watching USD/SGD for upwards break out

 

[Pat494]

1.30 pm US unemployment claims may shift the market

 

[Pat494]

eur/jpy still has some legs to it

 

[Lord Flasheart]

short usd/jpy at 81.34 sl 81.54

wish id stayed in bed a bit longer

 

[Lord Flasheart]

short usd/jpy at 81.58 sl 81.7 still worth another go,

 

[mvtrader2000]

eur/jpy still has some legs to it

You could be right, but I am waiting for the current bar to close before I decide.

 

[wackypete2]

short eurusd 1.3222 stop 1.3234

 

[wackypete2]

see my last chart i posted. priced broke up out of the range but failed and is now back inside the range.

Peter

 

[mvtrader2000]

see my last chart i posted. priced broke up out of the range but failed and is now back inside the range.

Peter

I can't argue with that and so I have joined you. Short at 1.3224 S/L 1.3244

 

[wackypete2]

stopped out -12
will wait for employment numbers later

 

[mvtrader2000]

Stopped out for 20. How I love this business

 

[mvtrader2000]

eur/jpy still has some legs to it

Not legs.......Rocket boosters :!::!:

 

[Pat494]

stopped out -12
will wait for employment numbers later

Just looking at the S&P which is already up 12 points I am expecting good figures for unemployment. Not that I am suggesting anything but..............

 

[Lord Flasheart]

short usd/jpy at 81.58 sl 81.7 still worth another go,

-12 x 2,thats all of yesterdays cah gone,still one win takes care of it

 

[wackypete2]

Just looking at the S&P which is already up 12 points I am expecting good figures for unemployment. Not that I am suggesting anything but..............

Just my opinion here...I think traders are being "set-up". There is rarely this much trend direction before important US data. It looks like the weak shorts were shaken out and the strong trend will attract plenty of longs. If I am right then when US data comes out we will see real kaboom downward.

Peter

 

[wackypete2]

Adding to that, when the futures are pointing way up or down then eurusd normally pops on the NYSE open. Today it has popped right along with the futures. It's just not the usual activity. Certainly there could be other reasons for that ie: gbp & eur rate decisions, but it's at least something to stop and think about before jumping in on a trade.

Peter