Continue the good job my friend....All the finest...
Forex Market Hours
http://www.forexmarkethours.com
Additionally
http://fxtrade.oanda.com/resources/fxmarkethours/
There are at least two reasons Why You Need to track the major Foreign Exchange market trading hours:The first hour following a major market opens is considered very significant and frequently indies how the session could grow. In periods when market 'trading hours' overlap, liquidity will grow because more traders are engaging in the FX market.
I'm very pleased with you to your initative. You have gotten off to a fantastic beginning. You have put a fantastic amount of effort and work into this new and very informative thread.
I intend to post here and contribute just as far as I can in order to stay with the spirit and intent of this thread. I've been post on Foreign Exchange forums today for a minimum of three decades and I'm very excited at the possibility of this thread teaching and sharing how to be a winner in Foreign Exchange getting to be one of the best if not the best place to learn how to be a financial winner in Foreign Exchange.
Thank you for your effort and work. It is most valued.
Your Buddy
Bruce
The 1st image was posted by me on May 21, 2008.Originally Posted by ;
The 2nd image is as at today.
They represent that the USDJPY long term charts.
So, will USDJPY comes down eventually.
I welcome comments and inputs.
Analysts say:
Strategy: [email protected] Short from last week has been stopped outside as the hourly rebound ran past the downtrend line and figure resistance at 104.00 and the 21-day MA at 104.15. Now eying a potential double-bottom at 102.60-75. MACD remains bearish but we have to watch ADX rebound from ultra-low readings. 104.40 is the nearby upside pivot; 103.50 support.
Still another say:
Provided that 102.5 isn't broken, we favour an upmove with 105.5 and then 107 as next goals.
Our taste: Provided that 102.5 isn't broken, we favour an upmove with 105.5 and then 107 as next goals.
Option scenario: Just the downside breakout of 102.5 will invalidate our bullish scenario. In this case, a decline should shape towards 100.8 initially, and then 97.
Comment: The daily technical indiors are reversing up and are advoing for a technical rebound.
Trend: ST restricted increase; MT bearish.
Supports and resistances:
107.5 ***
107 **
105.5 **
104.3 Final
102.5 ***
100.8 **
97 **
Good job eneloop ...I am a mid-experienced italian trader. . .great charts
lot of pips..from italy !
My friend Eneloop is starting his own thread Good luck Bro While thread mainly flocked with n Traders... hopefully this thread will probably be flocked with International Traders. Peace