My view on Aud/JPN
Contracting triangle now wave d wave e to come!
Contracting triangle now wave d wave e to come!
just do it
Looking for Death Cross and Golden Cross indicators 4 replies
Rsi cross indicator? (NOT cross 50, etc) 44 replies
Royal Cross/Fresh Cross 7 replies
Money Management applied to cross currency pairs 2 replies
Correlation of cross pairs 3 replies
QuoteDislikedTrade Implications – GBPUSD: Our sentiment-based trading strategies have sold the British Pound versus the USD and Japanese Yen, and such one-sided positioning warns that we may see continued GBP weakness. The risk is that crowd positions tend to be at their most one-sided at key turning points, but such reversals are extremely difficult to predict and only clear in hindsight.
DislikedGood day traders. EUR/JPY on the lost today. Will be hunting the intra-week range template (#18,4). Price action looks good and we also have a trend line with multiple touches that might be broken. Waiting of a better price - would love to see it at least at 124,855 to activate the buy order. SL will be hidden somewhere at ~124,40 but it depends on my entry price. Chart.Ignored
DislikedHello,
this is a comparison I made between USD/JPY and EUR/JPY. Let me know what you think.
http://www.forexfactory.com/attachme...1&d=1361469514
There is a major difference on the daily chart which can be spot analyzing the two charts compared above. Price action of both charts is the same but; while the Euro failed the next move higher, showing a Euro that is going to weaken faster than the Japanese yen...Ignored