{quote} you are right August is a difficult time to trade. but that reminds me of a quote from Mark Twain: "October. This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August and February." - Mark Twain
{quote} 30 hours later and some 130 pips later... another quote :"left chart leave clues" - Jason Stapleton {image}
{quote} momentum headed toward that zone.... too strong Anyway USDJPY, re-entry.
{quote} Jest Do you have a target? cheers
{quote} hi Billy, no. just trade it. looks like the trends pretty much intact right now. the volitility looks manageable unlike CAD. so even if it continues to retrace. there plenty more reentry zones. got plenty foreign cap from previous swing to play this. crossing fingers that volitility doesnt go off charts.
{quote} LOL Good stuff, I'm a bit reluctant to follow the trend because price reversed and visited the same level twice (see the 1H) Currently there is some overall weakness in the USD and you can see this in the charts of several US pairs but this weakness could end at any time
