Comments on: EUR/JPY gets close to testing support levels https://fxww.com/eurjpy-gets-close-to-testing-support-levels/ The Professional Source Wed, 28 Nov 2012 05:13:42 +0000 hourly 1 By: Rahul https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8920 Wed, 28 Nov 2012 05:13:42 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8920 im blabbering out of pure enthusiasm sean.But your right, lady luck has been kind this week.

]]>
By: Sean Lee https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8918 Wed, 28 Nov 2012 05:09:29 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8918 You’re welcome Jones, hope you make a motza

]]>
By: Sean Lee https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8917 Wed, 28 Nov 2012 05:08:44 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8917 Understood Rahul, there are times when it doesn’t matter what we do as it’s always right, so if you’re currently in that mode then make the most of it 🙂

]]>
By: Rahul https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8913 Wed, 28 Nov 2012 04:55:00 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8913 Yes sean, on a longer timeframe im with you because im bullish the dollar(for a host of reasons) and believe that the aussie has some easing coming up.
But i also believe that its one of the most resiliant pairs around.this was a short term trade on my conviction that the bulls will definitely make another attempt at that level.No idea how it will turn out though.
il let the market decide.

]]>
By: Jones https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8909 Wed, 28 Nov 2012 04:48:02 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8909 In reply to Sean Lee.

Thanks for letting me know EUR/JPY is close to support. I wasn’t even watching this pair today. By the way, decent bids appearing around 105.60/70.

]]>
By: Sean Lee https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8903 Wed, 28 Nov 2012 04:31:17 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8903 Hi Rahul, I’m still playing this pair from short side but if 10510/20 breaks then I’ll start getting worried. Not sure about longs at current levels, its very close to resistance and selling interest? But good luck anyway, you seem to be getting most things right at moment so keep doing whatever you’re doing

]]>
By: Sean Lee https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8901 Wed, 28 Nov 2012 04:29:16 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8901 Nice risk-reward there Jones, good luck++

]]>
By: Jones https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8898 Wed, 28 Nov 2012 04:22:07 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8898 In reply to Rahul.

Layered sells from 1.046 onwards with very solid ones around 1.05.

]]>
By: Rahul https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8892 Wed, 28 Nov 2012 04:12:33 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8892 Hi sean, i triggered a long position on the aussie/$ at 1.0442 hoping to atleast test 1.0500 again.
the 61.8% retracement of the previous move down comes in at 1.0441.Plus a fast trending 100 hour mvag provided a good support. Plus price action on the m5 showed very strong support. ( and a few more reasons)
what do you think sean. Thanx in advance.

on the other hand,JP morgan came out with a report today suggesting rate cuts over the next 3 months so ill constantly be on the look out from now for an ideal position to trigger longer term shorts.

]]>
By: Jones https://fxww.com/eurjpy-gets-close-to-testing-support-levels/#comment-8891 Wed, 28 Nov 2012 04:06:10 +0000 http://fxww.dreamhosters.com/?p=3165#comment-8891 Me thinks it’s time to buy. Just bought at 105.76.

]]>