Comments on: EUR/JPY intraday: Still prefer the buy-dip strategy https://fxww.com/eurjpy-intraday-still-prefer-the-buy-dip-strategy/ The Professional Source Tue, 07 May 2013 22:39:59 +0000 hourly 1 By: Sean Lee https://fxww.com/eurjpy-intraday-still-prefer-the-buy-dip-strategy/#comment-20640 Tue, 07 May 2013 22:39:59 +0000 http://fxww.dreamhosters.com/?p=7524#comment-20640 I’m pretty sure that we are 100% rangebound in EUR/USD and the noise happens when cross flows emerge. Buy near 130 and sell near 13150 is obvious play and avoid trading in the middle of this range. Whether goes up or down 50 pips from here is coin toss imho. If I have positions I’m unsure of, I usually cut them, refresh my mind, and then start again. Hope that helps

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By: Freedom55 https://fxww.com/eurjpy-intraday-still-prefer-the-buy-dip-strategy/#comment-20639 Tue, 07 May 2013 21:21:20 +0000 http://fxww.dreamhosters.com/?p=7524#comment-20639 Hi Sean, I managed to ‘buy the dip’ 🙂 with targeted T/P level at 13095. Unfortunately it retraced 100pts during the NY session. Do you think 13040 can be broken, seems like a triple top on the 4-hourly… Thanks

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By: Sean Lee https://fxww.com/eurjpy-intraday-still-prefer-the-buy-dip-strategy/#comment-20605 Mon, 06 May 2013 23:39:40 +0000 http://fxww.dreamhosters.com/?p=7524#comment-20605 Few good ideas there Kirill, good luck as always

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By: Kirill https://fxww.com/eurjpy-intraday-still-prefer-the-buy-dip-strategy/#comment-20604 Mon, 06 May 2013 23:34:26 +0000 http://fxww.dreamhosters.com/?p=7524#comment-20604 Sean, couple ideas: if rba does not cut sell the rally in aud/usd, if cuts then buy dip in aud/nzd. I am itching to sell gbp/jpy… Actually i did but really small. Will see how this one develops. If jpy/usd cross 100 will abondon it.

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