DislikedI would be careful with that usd/jpy short at 98.30. that level was already used today. You need to be especially aware of the stock indexes when trading the yen. The yen is not pure s&r currency other factors must be weighed. I'm personally long the usd/jpy from 97.62 and I'm holding out till 98.65 or so. Maybe I'll take 1/2 off at your 98.30 level. I'm doing this because I anticipate a little strength in the stock indexes. However, I may be wrong but I don't think so. I think the floor will mark up the indexes today.
I think I recall reading...Ignored
What you said here is very interesting. From your experience then, which of the pairs would you say fit better into S&R strategies ? This I am sure would be useful for us new to trading as I know concentrating on 2 or 3 is the way to start off.
So which pairs would you say fit best with BRV's methods?
Thanks