Thursday, 2 June 2011

EUR/JPY Analysis 2011-06-02

EJ now at the crossroad and traders are discussing whether to long or short. We can see from the charts that many in neutral stage except at 4H chart. A breakout will take charge sooner or later.


Trade Idea : Refer chart 4H for long entry with SL.

Happy trading.
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3 comments:

  1. FXR4 June 2011 at 00:17

    My long entry for EJ not yet trigger. The buy stop maintain at current level as shown in the chart.

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  2. FXR7 June 2011 at 23:15

    EJ long entry triggered just now.

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  3. FXR8 June 2011 at 21:05

    Stop loss setting triggered. Loss -163pip. EJ moves sideway. Very hard to trade with low volatility (No trend). Ichimoku is trend strategy. Should avoid sideway or should trade with hedging.

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