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One day trade: $EURJPY Short 13-August-2009

by Gav

As I’ve mentioned in Twitter, I saw a day trade opportunity to short EURJPY(FOREX:EURJPY).  The trade went well, though I did not expect the aggressive selling. Very simple setup, playing with support resistance levels in bigger time frame, and day trade in 15-min chart.

I do not make too many of short term trade like this, I thought this trade is a good example of simplicity.

Here is the…. CHART!

ERUJPY_15min_13August2009

Filed Under: Trading Journal Tagged With: EURJPY, FX, Trading Journal

Reader Interactions

Comments

  1. ichi360 says

    at 10:26 pm

    Interesting Post. I’m myself shorting EURJPY since 13th August but looks like we both are trading on different timeframes.

    Good trade BTW.

    http://ichi360.wordpress.com/2009/08/15/4h-trade-eurjpy-14th-august-2009/

  2. Gav says

    at 12:16 pm

    @ichi360, I rarely trade off 15min. This is an exceptional case anyway.
    Btw, good work on your ichimoku analysis. But, it is too complicated for my simple mind. Signs of ageing…

  3. Gav says

    at 11:16 pm

    @ichi360, I rarely trade off 15min. This is an exceptional case anyway.
    Btw, good work on your ichimoku analysis. But, it is too complicated for my simple mind. Signs of ageing…

  4. ichi360 says

    at 1:02 pm

    Thanks Gav,

    I’ve a section on my Blog where I have links for Partner Bloggers (Trading of course) as well as RSS feed (last 1 post) from these blogs.

    I would love to add your Blog and Posts to my Partner Bloggers if you like. some of other Bloggers have done the same thing to link back to my Blog which of course brings Traffic to each other.

    Let me know if it sounds good.

    Thanks,
    ichi360

  5. ichi360 says

    at 12:02 am

    Thanks Gav,

    I’ve a section on my Blog where I have links for Partner Bloggers (Trading of course) as well as RSS feed (last 1 post) from these blogs.

    I would love to add your Blog and Posts to my Partner Bloggers if you like. some of other Bloggers have done the same thing to link back to my Blog which of course brings Traffic to each other.

    Let me know if it sounds good.

    Thanks,
    ichi360

  6. Andre Siregar says

    at 12:29 am

    Gav, how did you come to the decision to go intraday on this trade? (Resistance is resistance no matter what the time frame is)

    • Gav says

      at 6:08 am

      I was drunk..LOL

  7. Andre Siregar says

    at 11:29 am

    Gav, how did you come to the decision to go intraday on this trade? (Resistance is resistance no matter what the time frame is)

    • Gav says

      at 5:08 pm

      I was drunk..LOL

  8. ichi360 says

    at 6:53 pm

    Interesting Post. I'm myself shorting EURJPY since 13th August but looks like we both are trading on different timeframes.

    Good trade BTW.

    http://ichi360.wordpress.com/2009/08/15/4h-trad…

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