WEEK 44 open 21 october

Oct 19, 2013 at 08:08
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4 Replies
Member Since Oct 24, 2011   5 posts
Oct 19, 2013 at 08:08
Hey guys,

where do you think will USD/JPY go after open this new week? Im in SELL positions and have lack of free margin:) Do you think dollar will continue to depreciate?
trend is your friend and dont forget your EMA girlfriend
Member Since Nov 21, 2011   1718 posts
Oct 19, 2013 at 13:13
Yes USD should remain weak but vs Yen that is also not so strong actually... it's hard to forecast this pair.

The pair is actually playing in range 97 to 99... A break would give clearer direction.
Member Since Jun 09, 2013   3 posts
Oct 19, 2013 at 19:00
stay in sell position... its gonna break triangle formation soon...
Member Since Oct 25, 2013   3 posts
Oct 26, 2013 at 07:57
Look, as my avatar notes, keep away from the Forex when it is raining! It is a metaphor!
Member Since Nov 21, 2011   1718 posts
Oct 26, 2013 at 13:35
Eparlan posted:
stay in sell position... its gonna break triangle formation soon...

Absolutely right

https://www.myfxbook.com/forex-charts/USDJPY,D1/15663
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