DislikedHi all As analyzed yesterday the market moved up. As there is no major event scheduled for the day I expect the market further push upwards after some retracement. Further, there are no resistance nearby. You can expect the market to keep pushing up until some extraordinary event that strenghtens the USD to make JPY bow down. That event do not seem to happen at least up to the next NFP. So keep the lid open in your basket to collect as much pips as possible. Caution: Don't be biased in any direction. We are basketers and not single pair traders....Ignored
The market just touched 200.00 level as expected in line with continuation of strong up trend. Irrespective of any other economic activities I expect the market to push upward after brief retracement, as shown in the picture, expected to touch 220.0 level. I kept my basket open from 5th to collect +2800 pips so far. I expect other basketers to post their current results on this rally.
Happy basketing
FxOptimu$