Comments on: EUR/JPY: Hoping to exit short position near 132.75 https://fxww.com/eurjpy-hoping-to-exit-short-position-near-132-75/ The Professional Source Tue, 15 Oct 2013 09:55:14 +0000 hourly 1 By: Kirill https://fxww.com/eurjpy-hoping-to-exit-short-position-near-132-75/#comment-30637 Tue, 15 Oct 2013 09:55:14 +0000 http://381c099c8f.nxcli.net/?p=10828#comment-30637 I am out of short eur/jpy with small profit, it does feel that this pair is trying to form top, but will reasses later in the week. All this mappet show in congress starting to annoy, i hope we will getsomething out of them soon. Ramp up of risk before the event was substantial, so will try to sell any exhaustion spikes in risk related instruments.

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By: Sean Lee https://fxww.com/eurjpy-hoping-to-exit-short-position-near-132-75/#comment-30586 Sun, 13 Oct 2013 20:18:31 +0000 http://381c099c8f.nxcli.net/?p=10828#comment-30586 Nice Kirill, you picked a good entry level. I am also far from convinced about this trade aside from strong ‘feel’ that 128/134ish is the range and we are v close to top? Good news/bad news swings and we haven’t had and bad EUR news for a while

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By: Kirill https://fxww.com/eurjpy-hoping-to-exit-short-position-near-132-75/#comment-30579 Sun, 13 Oct 2013 02:09:00 +0000 http://381c099c8f.nxcli.net/?p=10828#comment-30579 Sean,
I liked your idea and on the spur of the moment i have sold eur/jpy late friday. My thinking was that all that confidence in resolution of us debt stuff was somewhat premature. It seems that this trade could develop in something interesting over next several days. Do you have any thoughts on the downside targets if shit hits the fan? I am not married to this one, so will keep stop loss tight. Entry was 133.4

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