June 29th, 2010
jpyforexfan
The dojis I was seeing turned out to be quite dodgy. Nasty little rascals.
In a nutshell, got stopped out for a 206-pip loss. Life is a breeze. For some.
Posted in Forex Trades | 2 Comments »
June 26th, 2010
jpyforexfan
We’ve got two really nice dojis formed on the EURJPY daily chart. The wicks are quite long, and in the direction of the (preceding) trend, so if my reasoning is right, we will see a good upward move next week.
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Also, EUR/USD supports my view:

Posted in Forex Analysis, Forex Trades | No Comments »
June 24th, 2010
jpyforexfan
It’s 04:43am GMT, Thursday.
Yesterday’s candle has a long lower wick which should indicate the end of the 3-day downtrend, as yen buying would weaken. (Or so I would want it to be, as I hold a long EURJPY, wouldn’t I?
Here’s the daily chart as of now:

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June 23rd, 2010
jpyforexfan
It’s 14:50 GMT. I’m opening a long EUR/JPY at 110.19 (Yeah, quite stubborn, aren’t I?)
Stop as per the trading plan.
Target above 114.
Here’s the daily chart as of now:

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