Sell Eur/Usd

[bearprofits]

This trade is going nowhere slowly, move the stops to entry, she either breaks or she's headed higher

[pelle64]

Eur/usd is still in a north moove so its just to sit back and join the ride

Usd/jpy is near the support @ 102.67<>57 and i have closed my shorts waiting eather of a confirmation that the support holds or breaks, if the support area holds the plan is to trade back to the 105 and if it breaks we have more downside to trade

Pelle

[rufffen]

yep, EUR USD more upside to come, I took profits at 5810 from 5660, since 5790-5880 is strong weekly resistance.

[rufffen]

FYI, DJI broke strong support on dailies, and it's going fast too.

[rufffen]

bear, what are the tarot cards telling us today?

[rufffen]

Here's a chart on DJI, posted 2 weeks ago at my thread, currently trading at 12601, well below 12770 strong supp levels, next target is 12400-12500, break below that 12000 is eminent.

[Noor]

Hello Everyone...

Ruffen, that was an excellent trade exit on Eur/Usd... Very impressive

Usd/Jpy has bottomed according to my 4 hours chart. A break at 103.65 will have me moving stoploss to breakeven

[rufffen]

Actually, Noor, if you look at USD JPY Dailies, you would see that price action is sitting at the top of downwards sloping channel, also it broke the line of the upwards sloping channel.

I would rather stay on the sideline and wait for a break below 102.20-40 and SHORT with SL 40 TP1 250, or wait for a better momentum to accelerate for the upside targets above 105.