DislikedHi guys, The trades that Shum took, bring to me another thought : In the last few weeks we had a donwtrend in the Yen pairs. This will not last forever.At a certain moment , there will come a reversal. In the last few days, a lot was discussed about a reversal in the AUD. This is happening right now. But could it be possible that we are facing a reversal also at this moment in the Yen pairs? What I mean to say is : Are the Yen pairs like USDJPY etcetera going to rise again right now ? I am not sure of it, but it could very well be possible. What...Ignored
You need to stop speculating with no basis.
You have no idea where the market is going. The Yen pairs COULD very well continue going in the trend they are currently in.
Wait until you have a valid reason to suspect a reversal (Candlestick formations). THEN you can speculate.
At the moment, you're just gambling.
EDIT:
Some of the Yen pairs are showing hammers last close. NOW it is safe to assume a reversal may be occurring based on this.