mercoledì 10 novembre 2010

usd jpy 10 November 2010, trading range!



I`m looking for good opportunities, and i`m screening the forex market actually.
This week it`s going to be hight volatility on currency, so i believe that we will find great trades!


USD/JPY is is a good cross, usually with low volatility, lot of noise, but low risk. Actually we are in a trading range, like we can see by the image above. Prices touched the TOP Range, so we can look for a short trade intraday, or a great long term trade above the grey rectangle.


Taking a look on 15 minutes time frame, we have a congestione...here our signal to enter in the market.

yeah!

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