SellUSDJPY Entry: 85.30 Target: 82/75 Stop: 86.60
hello to everyone,my broker showing 85.40 weekly close which is lowest close since 1995 which means markeet in clearly very bearish mode 4h daily weekly monthly very bearish 1h donot know 2008 high 110 2009 high 101 2010 95 yearly droping 500 to 1000pips....as was i m keep saying usdjpy will drop even it was around 95/93 and i said 88 will turn to be strong res it happen already maybe my friend lebanon remembers...2011 ithink usdjpy will move between 75 to 85 but 70 also possible but idonot say on that level short is safe or buy is safe bcoz in forex cannot say anything 100% safe...other picture is that double bottom but still no such reversal sign but ido say possible rise but idonot believe that jpy pairs rise significantly... yes we can say usdjpy will rise 100 to 147 level in 1year but its not a true picture right now but yes say believe is free we can say and believe anything...short and long term picture is clearly very bearish very very very long term idonot know.... long term=1year short term=1day to 1 week...mid term some rise possible..and bias is very bearish at his best...idonot advice buy or sale but if some one is willing to take risk good just go with stops...im also want to buy long term usdjpy but not yet iwill buy when i see some sign...happy weekend to all,
tokyo rana 20:04:24 GMT - 08/06/2010
usdjpy not much bounce so far from 85 now lets see where it close...if close below 85.30 it will be very bearish lowest weekly close since 1995...my advice stand aside jpy pairs im only gamble this currency position open maybe open below 85...happy weekend
tokyo rana 18:13:25 GMT - 08/06/2010
positions hold even for monday,going to sleep good night,happy trade to all,
tokyo rana 17:36:21 GMT - 08/06/2010
SellEURJPY Entry: Target: Stop:
sold more,happy trade,
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