16:35GMT Check the Weekly Pattern Wall update and especially the RSIs for JPYs. Can you guess what will be next trend ;D
12:50GMT It looks like JPYs current fate is with China's players; read the article in market rumours. If it continues the current trend - China will wip(e)-out Japanese currency. Experts are looking USDJPYs near 83-84 region in near future.
11:10GMT I'm booking LONGs for EURJPY from 113.10-112.80 range for 40 pips UP. About to drop by 50-100 pips.
06:50GMT Mohi, I was looking for a solution that can help non-program EA for MT4. found something in www.eacreator.com. I read their PDF and impressed by what it say - though not sure about results; nor got anybody in my friends who tested these softwares.
05:55GMT Some problem with Chat software - investigation is on. Adobe issue I guess..
01:40GMT Good Morning Friends, A small UPward push is on now in almost all our pairs. I think the later trend is most likely to be GBPs DOWN and EURs UP. The JPYs needs some caution as USDJPY may try another down. I think Players decided JPYs push to the new floors till Japanese Govt says "OK! Enough" ;D I love players and the way they bring a country's economy to its knees. FX rules!!!
Monday, 9 August 2010
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Thanks J, eacreator.com looks interesting, will give it a read later on. Thanks
ReplyDeleteHi J, please give an update of gu - do you think, thats the slide and drop we are expecting? If so, to what level? Thanks
ReplyDeleteMohi, our pairs levels are on Daily -section of weekly pattern walls. It is easy to identify which level is next once you trace the daily progress. Normally when a price reach +/-127% or 161.8% they tend to reverse The next immediate level is 50%. Today's GU was 1.58ish and we are almost into those levels.
ReplyDeleteThanks J
ReplyDelete