EUR JPY
Jan 13, 2013 at 22:39
Right now for scalpers, I would move pending sell to 119.77 and cancel the pending at 119.69 as 119.69 will be a good price to take profit. We are still favoring the up side heavy. Yet we can make a quick 3 to 11 points on a move down to the pivot which we have just crossed.
Anhänge:
Jan 14, 2013 at 08:29
Good morning once again. Looks like EUR/JPY is now fighting with last weeks high. We have been able to cover the gap, now we have to see what the next best move is. I am currently long at 119.33, with another pending buy at 119.43 The reality is although on the 1m we have been on a downtrend. On the 1h chart we are still very much so on an uptrend. Should we reverse it would be inless then 1 hour, as we have to allow the 1h chart to catch up.
