Monday, January 26, 2009

USD/JPY:15 min




I don’t know what side the USD/JPY will break, but if it breaks to the downside the target should be at about 86.30 and if it breaks to the upside the target should be at 91.50.
I am not saying it will break to the downside,
"I don’t know"

7 comments:

RK said...

Morning guys

Had a bad week last week.

Want to short gb/usd on 1 hour.
Any views or reason not to short.

Thanks

naftula said...

rk,
It may be a good trade, but I would NOT take it,

I would rather take it on the 4 hour chart, if it reaches 1.41 tomorrow.

Ben said...

Hi RK,

I don't know...i wouldn't short right now, but don't have any technical reason.

I'm still long with my positions opened last friday:

1,2820 eur
1,3610 gbp

I've placed my stops at 1,3020 and 1,3810 ...to at least lock 200 pips on each...but i'm aiming more.

Ben said...

Naftula,
Are you trading EUR-CHF these days ? Would you be looking to short soon ?

naftula said...

ben,
no not soon

Maxwell said...

hey guys

short looks good on g-u from here to about 1.4070, and taking long on u-cad soon

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