Thursday, February 25, 2010

USD/JPY

Potential countertrend setup or trap?


Updated 6th Mar:
Feeling pointless lately to post setups and updates. Like always posting the same old things. Same method just on different charts.

Time to go back to research? Want to work on a short-term version of system z but cant get hourly data. Basing short term trades solely on EOD data will bound to lag. Anyway, here's update for UJ. Compare with the GOLD trade in jan. Can you notice the similarity, its same!