Wednesday, 6 February 2013

USD/JPY Uptrends

The USD/JPY is in a clear uptrend as we close our trade for + 167 pips, last month we bank many 1,000 pips trading Yens......Despite this has it gone too far?


In this example of the chart, we can see the Swing Software is confirming a likely sell off.

A White Star is a strong reversal point at 9400

Divergence on the CCI, using Fixed ratio money management the stop should be a close one if we get the trigger to enter a sell.....


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