Trading the JPY crosses using S and R - Page 3
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Thread: Trading the JPY crosses using S and R

  1. #21
    For GU, as for todat, the pivot is at 1.9822. . .first resistance / service at 1.9885. . .it has been broken but not a very clear break...

  2. #22
    Good bounce out of its service by gj. . .thats the power of price action and S and R.. . :--RRB-)...

  3. #23
    So today we're right back to where we started off...

  4. #24
    Market has turned into a bit choppy now...

  5. #25
    Cadjpy looking weak and gu looking very strong for more increase...

  6. #26
    hi Karthik. Can you also watch the Nikkei and or even the FTSE? How about fundamentals like tomorrow's interest rate announcement?

  7. #27
    I believe that market would continue to range between 100-150 pips (for GJ) until the rate announcement from Japan releases...

  8. #28
    I just have a high level look dow etc to see how they r doing. . .as for tomorrow rate announcement, I feel that they would hold the rates as such that ought to be good for the market and also we might see a spurt updwards then...I might be wrong though. . :--RRB-). .

  9. #29
    As said, cadjpy has fallen 30 pips such as a rock. . .nice day now for trading...:--RRB-)...

  10. #30
    Hey Karthik 229.14 A Price To Reduce Gu?

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