-
While we're looking at the long term charts, here's a look at the JPY monthly chart looks like an descending triangle very similar to the one I posted on the USD/CHF thread about a year ago with a dip below the support line before the beginning of the descending triangle I'm thinking we get one more test of the upper trend line before blasting through 100 it fits well with my view (mostly based on Martin Armstrong's view) of the equity markets
http://i191.photobucket.com/albums/z...u32/jpydes.gif
-
You better update the chart as we have currency freefall. USD.JPY now 97.4 and still falling
-
Your right pretty crazy open but I'll wait for the month to close before I update the chart as this is a monthly chart
-
max mckeggs target is 56
(he sent me an email but given I'm not a subscriber I have no secrecy obligation?)
-
Arco's Nov 29 2006 chart suggest something similar
-
Not sure if its ready to fly yet but it might be
worth keeping an eye on this little blue specimen.
(Theres also a potential Gart or BF on the 4 hour)
GTA - arco
-
I had put in a limit sell at 104.99 woke up early this morning and it had been taken and turned perfectly :D
The large stop I used (small position) had given it plenty of room to move but will rein that in a bit now and let it run (fly?).
Amongst all these bendy roads its great to have an Alpine Guide
Curr price 104.10
-
Morning Peat
I also had an order in but with a 50 pip target.
So a nice surprise this morning.
arco - traversing the slippery slopes :)
-
nice result peat
closed 3 positions eur jpy at 161.50 250 + 250 + 80 +
id consider myself lucky and i am reviewing short stance
i guess you make your own luck but thanking the big guy
-
closed that out before sleep at +114