Top
New York  London  GMT  Tokyo  Sydney 

Massive volatility in EUR/JPY

By   || May 9, 2010 at 22:06 GMT
|| 21 comments || Add comment

From 119.50 to 119.95 and then back down to 118.90 all in the space of 10 minutes. Good luck is all I can say.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

21 Responses to “Massive volatility in EUR/JPY”

  1. david on May 9th, 2010 22:19 GMT

    Hard to set a sane stop loss in this. I think I’m going to stop reading as well as stop trading!

  2. 50%PerWeek on May 9th, 2010 22:19 GMT

    Scratch that EurYen is on trajectory to low 117.00

  3. Killer-B on May 9th, 2010 22:24 GMT

    LOL – Pretty hard to make any written calls till this election and euro-zone stuff get sorted… Fun to scalp a few here and there… but don’t think anything is “written” just yet – Last Thursday/Friday showed that :)

  4. 50%PerWeek on May 9th, 2010 22:27 GMT

    Killer-B — not sure if you’ve been keeping track of my calls but all with the exception of *1* has come to fruition…..it’s all in the charts — big money already has the inside scoop and are creating the charts – GL my friend

  5. 50%PerWeek on May 9th, 2010 22:29 GMT

    I’m just trying to help people out — but if it is not appreciated then I will just keep my trades to myself…..

  6. dafx on May 9th, 2010 22:32 GMT

    hey 50%PerWeek… help me to get 50% this week ;)

  7. Eric on May 9th, 2010 22:33 GMT

    50% your trade suggestions have been much appreciated and I believe we all welcome your opinion on the current situation. Don’t let one bad apple ruin the basket.

  8. Killer-B on May 9th, 2010 22:35 GMT

    Yes, I’ve been here watching the past few weeks (more than the usual monthly stop-in) and have seen your calls – Also just saw you reverse 200+ pips in 15 mins – Was “just saying” that’s all… My point(s) still stand… till all that other crap gets sorted, nothing is gonna be “normal” for awhile – I, and many others, not only survived, but did well last week due to this site, Sean, Jamie, etc as well as ppl like you offering your suggestions… So I do thank everyone on here… At the same time, there is the grain of salt to be considered… No one person has all the answers… But hopefully together as a objective team, we can make more, esp in these volatile times – cheers.

  9. 50%PerWeek on May 9th, 2010 22:37 GMT

    dafx – that’s what we are all here to do — help each other out
    Eric – thanks for the kind words

    For those who remember that I called for a massive decline Wednesday night……I also called for a squeeze to 120.00 on Friday (which we just got)…..not going to be correct all the time but when I am right — usually monster trades

  10. Killer-B on May 9th, 2010 22:37 GMT

    Now I’m a bad apple? Please people… Like Sean just noted, this puppy swang 130 pips in 15 mins – He made a call “no 2 ways about it” – then reversed… Sorry for pointing out the obvious… I’m not here to predict or claim anything – I just know allot of n00bs come here – and take what they see as gospel – and as Sean mentioned last week, none of us are offering trading advice here – Peace

  11. hart on May 9th, 2010 22:37 GMT

    You can’t do that 50% it is written! Just kidding we are all friends here working towards one common cause! Killer high profit vs loss. Just like dafx said. I want to see everyone here succeed. Personally I like your your input. It’s good to tease a little. And it’s good to give props to. Have fun and kick —!

  12. orchid on May 9th, 2010 22:38 GMT

    50%- same as Eric your trade suggestions have been much appreciated, please continue.

  13. Blackday on May 9th, 2010 22:39 GMT

    Swissy: LT daily trendline support close by @.0980 havig just had a very near miss before bouncing. This level provided significant resistance from May to July in ’09 where the failure to break back above there eventually lead to a drop to parity. The 50% retracement level of the Apr – May rally is around .0874 where resistance was met during February this year.

    USDCHF daily chart:- http://img2.pict.com/9c/23/31/3485530/0/usdchfdailytlinefibs.png

  14. 50%PerWeek on May 9th, 2010 22:41 GMT

    Killer-B: my calls are not nano-second trades…..they are what I call **will eventually and usually hit* trades — they don’t occur in a span of 15 minutes — they occur over usually a full trading session — and they are not suggestions — these are my own observations on where I think the market will eventually go to………if you think that the EurYen will not have false swings in between pivot points then you need to find another hobby — GL

  15. Killer-B on May 9th, 2010 22:44 GMT

    Again, I am not attacking you, or your efforts… You certainly know more than me…

    You have the last word – as I’m not here to make enemies….

  16. 50%PerWeek on May 9th, 2010 22:45 GMT

    I don’t need this aggravation……..I like to trade with a peaceful mind while listening to nice ambient trance and it is people like you who take observations to be [using your words] gospel that ruin my day…..from hereon I will just lurk and not post

    GL ALL !!!

  17. hart on May 9th, 2010 22:45 GMT

    Blackday do I need my carbon fiber ax proof body armor for this trade?

  18. JAKE on May 9th, 2010 22:45 GMT

    Hey 50%, continue calling your trades. I have wanted to call more of my trades online but held back because some might term it showing off. Believe me, it takes a brave soul to call and then deliver. One bad call amoung many good ones is a blessing. Cheers!!

  19. Blackday on May 9th, 2010 23:00 GMT

    hart – No but you might need your head examined ;)

    .07845 might just offer a good buying opportunity (.618 retracement level which is suitably close to April 8th high at .07858 … oh hang on, by golly that it close!

  20. hart on May 9th, 2010 23:06 GMT

    50% for what it’s worth. I think we may get one more push up in this session with eur/jpy. And if it breaks 120 could go to just under 122.

  21. littlejohn on May 10th, 2010 00:35 GMT

    Relax K-B…. a good trader has the right to change his mind as soon as he opens his mouth!
    Take that as written!

Bottom