Anyone here trade the EUR/JPY???

Aug 13, 2013 at 11:05
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9 Replies
Miembro desde Aug 13, 2013   posts 6
Aug 13, 2013 at 11:05
I have just started trading this at the beginning of this year 2013 and since i dont trade with StopLoss , i find EUR JPY a very good pair to trade.

I have been consistently making 100 plus pips per trade and i only do long term trades ( 3 days or more) coz its much more stress free.

I would like to hear more from those that are trading EUR JPY.
Miembro desde Nov 21, 2011   posts 1718
Aug 13, 2013 at 11:35
Miembro desde Feb 19, 2011   posts 61
Aug 13, 2013 at 16:38
You are right, I do like EUR/JPY pair very much due to the same reason as you suggested.

Regards,
dxnation
Be among the very successful Forex Account Managers.
Miembro desde Jun 03, 2010   posts 696
Aug 13, 2013 at 19:03
I also trade on EUR/JPY :)
PAMM MANAGER // Professional Fund Manager
Miembro desde Nov 21, 2011   posts 1718
Aug 13, 2013 at 19:33
Who doesn't like to trade EURJPY? : )
Miembro desde Aug 13, 2013   posts 6
Aug 14, 2013 at 06:51
Crazy Trader, Yes im LONG at the moment. Opened a position at 128.133 and so fa making 213 pips. The other one i opened at 129.626 is up to 64 pips right now. And price right now is at 130.269.
Miembro desde Nov 21, 2011   posts 1718
Aug 14, 2013 at 07:36
10folds posted:
Crazy Trader, Yes im LONG at the moment. Opened a position at 128.133 and so fa making 213 pips. The other one i opened at 129.626 is up to 64 pips right now. And price right now is at 130.269.

GG
Miembro desde Aug 23, 2012   posts 2
Aug 14, 2013 at 14:40
10folds posted:
Crazy Trader, Yes im LONG at the moment. Opened a position at 128.133 and so fa making 213 pips. The other one i opened at 129.626 is up to 64 pips right now. And price right now is at 130.269.

I trade EJ actively too. But dont seem to have the patience to accumulate such huge profit. How do you decide on taking profit?
Miembro desde Aug 13, 2013   posts 6
Aug 15, 2013 at 06:31
I like swing trades because they are less stressful ...... i just put a trade or two and then i wait for 3 to 8 days to collect the profit. I have been trading since 2004 . . .so its been 9 years ..... so you know i have gone through alot more in those 9 years and i have learnt alot too. Lost more money than i gained .So i guess...this time, all my experiences along the way has finally paid off.

The journey was rough , but i think it has left me better than it found me. I am doing it slower but surely getting the profit that i only used to dream about.

And with taking profits...... i have been doing this for 9 years and everyday , so i just have this pattern that look for that tells me that the market is about to turn.....so i take my profit and then trade put a trade in the opposite direction.....so far its working out really well.
Miembro desde Aug 13, 2013   posts 6
Aug 15, 2013 at 06:31
BTW .... i have taken my profits last night. And im already SHORT the EUR JPY . . .

Its not too late for you to do the same. Im thinking , this could be a 300 - 400 pip move down.

I dont use Stop Loss ....but if you want to use Stop Loss...you can put it at 130.680


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