Comments on: EUR/JPY: Adding to shorts though it’s looking riskier now https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/ The Professional Source Wed, 19 Dec 2012 07:14:56 +0000 hourly 1 By: Sean Lee https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12853 Wed, 19 Dec 2012 07:14:56 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12853 Yes I think so, if that breaks cleanly then take small hit and reassess

]]> By: Papillon https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12851 Wed, 19 Dec 2012 07:05:05 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12851 Thanks for this advices 😉 . The cornerstone will be 84.40 on USD/JPY !

]]> By: Sean Lee https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12849 Wed, 19 Dec 2012 06:55:21 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12849 Agree Papillon, if it starts trading above 11220ish then I think its too risky to stay short and best to get out and look again. But, if USD/JPY stays below 8440 and eur/usd starts looking toppy on 15 min or 30 min charts, then it might be worth selling a bit more, with tight trailing stop?? Watch for momentum to start increasing and then maybe jump on?? If it starts falling, don’t put bids in as I think it could get nasty below 10980ish

]]> By: Papillon https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12846 Wed, 19 Dec 2012 06:49:13 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12846 Good afternoon Sean,

Obviously, you have better prospect than me. I give up this trade above 112.00 to limit the risk 🙁

]]> By: Sean Lee https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12829 Wed, 19 Dec 2012 04:18:51 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12829 Likewise Doc, and I hope that’s an Irish whisky!! Have a great holiday++

]]> By: DrJohn https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12827 Wed, 19 Dec 2012 04:13:30 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12827 The ‘Quick and Big’ club it is. I am inaugarating the club at my desk with a large whiskey in my hand, its my last day for the holidays. All the best Sean for Christmas and New Year.

]]> By: Sean Lee https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12821 Wed, 19 Dec 2012 03:29:58 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12821 Agree Doc, I simply don’t have the psychological make-up to be a good sheep (I mean trend follower) 🙂 Of course we get burnt plenty of times but when it turns, the profits are always quick and big! Maybe that should be the name of our contrarian club, “The Quick and the Big” 🙂

]]> By: DrJohn https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12817 Wed, 19 Dec 2012 03:11:47 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12817 The Yen sell off is way overdone at this point. Having some patience and a manageable position will hopefully pay off, besides its more fun being a contrarian trader!

]]> By: Nachiket https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12812 Wed, 19 Dec 2012 02:51:10 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12812 was it intended to me, jordan? if it was I don’t know why you said I will never trade forex again bcoz I trade forex everyday

]]> By: Nachiket https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12811 Wed, 19 Dec 2012 02:50:25 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12811 ok. well done on eur/usd long trade. 300 pips lol

]]> By: Sean Lee https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12809 Wed, 19 Dec 2012 02:48:28 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12809 I have’nt lost a ‘lot’ not yet at least Nachiket 🙂 I’ve also had a sizeable EUR/USD long position running for about 300 pips so overall I’m doing ok. The Yen has been very good to me over the years, I was short from 114 USD/JPY a few years back and was short again when it started building below 100 so I’m comfortable being long Yen. I may lose a bit on this one but I never allow myself to lose large

]]> By: Jordan https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12808 Wed, 19 Dec 2012 02:43:56 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12808 In reply to Nachiket.

> I’m happy for you that you will never trade forex soon.

]]> By: Nachiket https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12806 Wed, 19 Dec 2012 02:35:34 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12806 Just a thought Sean. I was looking at your open trades in the members section and I see that lot has being lost in this eur/jpy. I will tell you my psychology I don’t trade a pair for quite a while if it has given me negative returns. I have left the aussie 1 month back and will not trade it ever again. same with JPY

]]> By: Sean Lee https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12803 Wed, 19 Dec 2012 01:58:56 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12803 Not firm at moment Lam-Son, but I think if it maintains a foothold on 112 handle then I will start looking to get out. I remember we looked at CHF/JPY when it was 89 and it sorta made sense to sell there but we held off due to strong up-trend. Now its another 5% higher almost!

]]> By: Lam-Son https://fxww.com/eurjpy-adding-to-shorts-though-its-looking-riskier-now/#comment-12802 Wed, 19 Dec 2012 01:56:29 +0000 http://fxww.dreamhosters.com/?p=3859#comment-12802 Hi Sean, I like to do the same but on CHF instead of EUR. What is stop loss for your EUR/JPY?

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