Aiming @ 91.00/91.10 — Failure to breach 91.00/91.10 will turn intraday USDJPY bearish again. Lets watch and see. I'm selling @ that price.

Yup. A minor bull now. Candle is pretty accurate !

Sometimes they go the same direction. If u wanna trade by correlation, you may wanna try USDCHF vs. GBPUSD, most of the time, they go opposite. Good for hedging.

Bullish Engulfing Candle ? — Watch the daily candle. Its forming a Bullish Engulfing Candle. Signalling an end to bearish sentiment.

It seems to be building downward momentum again.... since 91.00/91.10 is not happening. Risk is to the downside. Range trading is dangerous because the highs/lows are too near. Basically nothing to do.

The market is quiet. Even London & European sessions are lacklustre.

It probably won't budge much today..... again. The entire asian session was quiet. No significant candle patterns.....

Will do so with SL @ 50 pips.

I don't usually do this but I'm selling @ 91.00/91.10 and buying @ 88.20 which ever comes first.

Yes its unlikely that the lower end of 88.xx will happen. But this pair refuses to go up to test 91.00/91.10 and refuses to go down to test 88.xx. Its going nowhere for now.

Another slow day today. Direction-less trading. 91.00/91.10 is still intact. Risk to the downside for now. 88.xx may or may not happen.

You may wanna checkout: url

Almost everybody will buy @ lower end of 88.xx. Hope we all make hugh profits!

Mary, this is still true.

You may wanna check on the calendar page under the detail folder to see how the market will react to certain news.

New Home Sales 10 am. This should move the market a bit too. Pretty quiet today. No signs of upswing nor dive.

Core Durable Goods Orders 8.30 am. This should move the market a bit.

Market to test 88.xx ? — 88.xx had yet to be tested. I'm buying heavily @ 88.20 if that price really comes. Since 91.00 is intact, the bearish trend should continue.

It's fun isn't it? Such a nice pair to trade. I have no position. Can afford to relax a little bit.

Today the London and European sessions dull too. Maybe I go watch a movie or something.