EUR/JPY Anytime!

I think will go down but no much.BOJ will intervene soon

i spot AB=CD pattern.. might reverse back up

If I would be in possession of a central bank, I would have flooded the market with USD ages ago ! Print, print, print. Multi print...Inflation goes up, so lots of volatility in currency markets. But hey, central banks do not like "volatility"..

114-113 seems like a big buy zone, on the daily charts going back you can see a lot of buying going on every time it reaches this zone.

Monthly :

http://img258.imageshack.us/img258/7056/ejmonthly.jpg

Weekly :

http://img814.imageshack.us/img814/5388/ejweekly.jpg


Daily :

http://img230.imageshack.us/img230/5091/dailyej.jpg

8h :

http://img534.imageshack.us/img534/9706/ej8h.jpg


I repeat, classic technical analysis requires EJ to TEST breakout zone 109.54-110.00. At least according to John J. Murphy ( http://www.amazon.com/Technical-Anal.../dp/0735200661 ), isn´t it gentlemen ?

Good trading !

might hold for a further pole

Oct. 10 (Bloomberg) -- The International Monetary Fund may transform its loan to Greece into a longer-term repayment plan, a move that would allow the country to pay its loan back later without restructuring, European Central Bank Executive Board member Lorenzo Bini Smaghi said.
“The IMF is certainly thinking of these issues,” Bini Smaghi said in a speech in Washington. “There are mechanisms in the IMF to prolong packages.”
“There is a standard procedure which has been implemented many ways, in which the IMF transforms short-term programs to longer-term programs” when it sees a country is on track, he later told reporters.

http://noir.bloomberg.com/apps/news?...v1WAWmR8&pos=1

I can hear some very nervous Greek CDS traders covering their positions, soon.

Short 114.49. Target below 113.93...

Scalping as a temporary measure. Bank holidays in Jap, US, and Canada. Not much to be expected in terms of movement today.

Congrats. Good trade>

Bingo !

"The FX market is my personal ATM"....

Excellent ovyeh, I like your attitude !

Nice going MisterTrader

Watching with interest

It's at an interesting level alright.

Attention : last week´s low broken. Leaves more room for downside action.

GL+GT

MT

any ideas about next target down??

Yeah, looks like the daily might close under the 20 sma too

looking at 112.50 to tp my short.


hello guys. reach back home from Brunei yesterday.

Gentlemen,

I just topped +500 % YTD.