Trading the JPY crosses using S and R

a bounce again from the respective supports....

not much happening...so i am going to sleep....catch ya abt 10 hrs from now...c ya..

Hi ns Karthik, i like your style, it's peacefull, non confrontational, simply stating the basic facts on the charts (which noobies can't see)without pushing them in any particular direction, or pushing your trading ways to god status.
Even the best pro traders (and i happen to have meet two of them) will not ever make you feel inferior...rather instilling that you too, can become what they are...
Even the best traders can't tell for certain where the market is going, it's just an educated guess after all.....
I use fib levels for my trading, and i know pivots work as well, but just observing where support/ resistance occurs and drawing a horizontal line there can be good enough (if there's price action at that level).
These boards do have some god traders, some rude people, and some sheep, which will follow some ones ways blindly and without any questions...
Good luck with your trading.
Free DOW charts can be found at north finance, also have a look at DAX i'm not entirely sure it follows, maybe it leads(if i may make this very bold statement), i do trade the DAX futures it's a great instrument to use.

thanks Baron for all the compliments...we all try to learn together...as expected, the crosses did rise...now expecting a small pullback in all of them before they rise again...

somehow after looking at my charts, i have a feeling that the crosses would fall soon...the fundamentals may change all that though....

Hey Karthik Morning What Do U Reckon About Gu?