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EUR/JPY Fundamental+ Technical Analys

Hi, dear traders!
I would like to share with you my view on EUR/JPY. First, the last week Morgan Stanley bought the currency pair and expect to reach 120.00. You can see strong resistance area on the chart below. My strategy for the coming week on EUR/JPY is pending order (buy stop) on 114.25 with Stop Loss around 50 pips. I am looking forward to catch the rally when the price break the resistance area.
Have a profitable week!
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Low Risk Pending Order

It is not an attractive order but it is an easy way to get 25 pips with low risk
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EUR/ AUD pending order payed big time on RBA news

Several days ago when i was analizing several pairs for the tehnical analysis contest i also took a look at the EUR/AUD. I didn't suceed to post on time this analysis but the work done wasn't in vain. I rembered this pair because it has an excelent potential for a bullish run of at least 300-500 pips very soon. My point here is also backed by recent RBA necesity for a weaker aussie to boost the economy rather than a last resort solution like an interest rate cut,which they said is
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Metal_Mind avatar

I prepared a very nice chart but i got an error message and couldn;t post it. I was allowed only to post without the picture.

jezz avatar
jezz 4 Dec.

This is a very good plan. You've written it like you lost money. Good work

Metal_Mind avatar

thanks jezz

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Pending sell again

Market order long closed BE, truth is a bit in loss but have no clue why because stop was in profit and also in comments writes it is closed in profit but result is loss..........sent an email to stuff, waitnig for reply...
As said before would trade with pending more or less and so set
sell limit @ 1,3588 = equal to recent&curent HH; expect only W&R for pip or two )not a lot) but it can go higher
stop @ 1,3713 = high which I consider untouchable atm
take profit @ 1,3458 = as far as possible
Pic…
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Pending sell

I do not know where picture of my order ended so here it is:
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