Forex blog – JPY forex fan

A forex blog about making pips in any currency pair

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. :-)
July 9th, 2010

Trade #39: Closed at 111.84

jpyforexfan

From 108.48 up to 111.84 … that would be 336 pips! That’s a healthy profit to jumpstart the month. I hope I will finish the month better than I did last month :-)

The 4-hour chart of EUR/JPY currently looks like this:

July 8th, 2010

Trade #39 UPDATE: moving stop to 110.42

jpyforexfan

194 pips assured profit by moving my stop to 110.42
I just loved the way the yen retreat during Asian trading last night. May it keep doing that! :-)

Here’s the current 4-hourly chart of the EUR/JPY forex pair:

June 30th, 2010

Trade #39: Buy EUR/JPY @108.48

jpyforexfan

It’s 06:42 GMT, Wednesday.
I just took the long side (again!) on EUR/JPY at 108.48 I have this inkling that the ECB (European Central Bank) is finally going to do something good about the euro very soon.
Stop loss is where it’s supposed to be as usual.
Target: up there somewhere.

Here’s the hourly chart as of now: