235 pip channel !!!
My daily one-year chart for the CAD/JPY pair has been in a 235 pip channel (101.00 to 103.35) since 11/22/2005. I have counted 13 bounces since then for a TOTAL of 3055 pips for approx. 9 months or 330+ pips/month. That is not a bad play!
In Texas Hold'en Poker lingo, I'm ALL IN !
My daily one-year chart for the CAD/JPY pair has been in a 235 pip channel (101.00 to 103.35) since 11/22/2005. I have counted 13 bounces since then for a TOTAL of 3055 pips for approx. 9 months or 330+ pips/month. That is not a bad play!
In Texas Hold'en Poker lingo, I'm ALL IN !
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