USD/JPY... - Page 30

SELL @ 94.513
Stop about 30 pips above.

^It hit my stop yesterday afternoon.

With most pairs so correlated with the EUR right now, I noticed that USD/JPY has had no correlation (in this sense) with EUR/USD for the past week:
http://fxtradeinfocenter.oanda.com/c...fxcorrelations

Yeah i was just looking at this pair
On the 15 minute chart it's looks like it's getting ready for a bounce but I didn't pull the trigger
Not a volatile pair but it always seems to go the opposite direction I think it will.

Lol..Lucky you! That's a potential gold mine. Just make sure to click the wrong button every time, and profits will be yours for the takin

Nah, but really, there's something to be said about being able to take the wrong side of the trade on anything consistently. When that happens to me, I wonder what the person on the other side of the trade is thinking.

Inverse head and shoulders

nice find

I think this still has some room to run to the downside.

Short at 90.33

Stop at 91.20
Taking profits at 88.90

Looks like we might get a breakout here

breakout lower or higher, my indicators are still a bag of mixed chips

Breakdown, for the sake of my heavy short positions...

breakout for the sake of my heavy long positions
I put a tight SL on though because if we dont breakout soon i think we will head lower

Shit, taking positions against the mod can't be good...

We'll see what happens! Just move, one way or another...kills me when UJ slows down...

dont worry i have had my fair share of losses. I want a move too the euro is stuck in a very tight range right now

Yeah, I'm waiting on the EUR to move out as well. Sick of getting faked out...zooming out a bit to the 4hr and will try and be patient. However, when it does finally move...it should move

Agreed, when the euro moves, it is going to move fast and far. As for right now, very pitiful, and boring. No money to be made when it just sits at one price. I am short the eur/jpy, so it sounds like I would be on your side as far as what side of the trade you are on, sorry matt.

crap, im out numbered now! Its ok, if it goes down I can just ban you both to make it 1 vs 0 and to relieve my anger jk

Were you able to pull out any profit last night/early this AM with the moves up Matt?

Shed your long so the market will break down, please...

no, i ended up selling last night for a 20 pip loss...When I woke up it was only 30 pips above where I sold but i ended up shorting usd.cad instead of going long eur.jpy just because of the chart set up. Im still thinking the euro goes up, just in a different trade to benefit but right now it seems to be going the wrong way

Sounds good Matt. I was able to get out of my averaged-in mess for +35, more or less. Watch as the bottom falls out now... :\