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    • sed34 replied Oct 13, 2009

      not necessarily. right now the way things look i plan to buy at 132.70. I never trade against the trend, but if you wanted you could sell at 133.2. its making another run and it could breakout this time, but the way the U/J is looking i doubt it.

      Daily EUR/JPY analysis
    • sed34 replied Oct 12, 2009

      90 is the psych level. you can take profits there. i think it could go to 90.50. It almost reached it earlier today. so 90 wasn't that big of resistance. make your own decisions based on your risk level.

      USD/JPY Discussion
    • sed34 replied Oct 12, 2009

      you can do all the technicals you want. It is still a very indecisive pair to me. it seems like it is coiling up for a move. Very quiet. it can ski rocket or plummet in the next hour. i'm long btw.

      USD/JPY Discussion
    • sed34 replied Oct 12, 2009

      it does seem like the only reason this thing was up is because tokyo was out. I wish there was a clear direction. i think the markets could be trying to fake out some traders. Make them think its going down just to rebound later.

      USD/JPY Discussion