Comments on: EUR/JPY: Think I stopped out near the top

By: araz

araz — Wed, 16 Oct 2013 08:35:07 +0000

as i mentioned in “It’s hip to be squaret” post it was a good fibo level to form a top,but it may be a retrace,or change the trend to sideways i dont know,last day candle shows a obvious downtrend but today its trying to recover,i think today price oscillates on 133.20 area (23.6 of last move) and i guess finally it may break it,but i think it will be a sell rally at this point.i still have the floating positions.whats your opinion sean ? trend changed or its just a retracement ? thanks

By: Nachiket

Nachiket — Wed, 16 Oct 2013 02:09:12 +0000

And i got out early. It was a horrible day yesterday

By: Yue

Yue — Wed, 16 Oct 2013 00:20:59 +0000

Ok, Thank you,Sean! I’ll look to buy it……

By: Sean Lee

Sean Lee — Wed, 16 Oct 2013 00:09:30 +0000

Hi Yue, seems to be lot of interest in this pair at moment. Prefer to buy dips towards 15900ish looking for break above 164

By: Yue

Yue — Tue, 15 Oct 2013 23:47:47 +0000

Morning Sean, any thought of EURNZD? Buy dips look for breaks 1.64 or sell rallies near 1.62? Thank you!

By: Kirill

Kirill — Tue, 15 Oct 2013 23:03:05 +0000

I think the most important part that idea was right. Entry levels are hard. And with right ideas you can bestopped out only at turning points:). So i think you should be proud of it. Cheers