Forex blog – JPY forex fan
Making pips in the Yen crosses.
Welcome to my forex blog. I am a great believer in luck and I find that the harder and smarter I work the luckier I get. :-)
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It’s 16:08 pm GMT. That’s it for this position. Managed to add some 35 more pips, and left a lot on the table. Business as usual. Not bad.
Here’s the (ugly) hourly painting:
Hey JPYFF,
Good work on the trade!! I am still watching the cross and maybe pick up some on some weakness. What do you think of a short on the EUR/USD i know you dont play anything but JPY crosses…it might be worth something to try?? let me know what you think?
Thanks Ashton! I might take a rest until August, which starts pretty soon
I want to have a positive score for July. Haven’t had that experience since April 
Regarding EUR/USD, I remember having taken one or two trades in this pair. I’m trying to focus on the yen crosses, but I am not limited to them. In fact during the last few days I’ve been looking closely at both eur/usd and eur/jpy. I think if eur/usd doesn’t close above 1.3100 tomorrow (Friday) perhaps we could see a reversal of the upward trend and maybe it will be time for shorts. I will stay out of the market tomorrow, and just keep an eye on developments (like US GDP figures).
Have a good day!