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rufffen · 22-08-2006, 14:04

USD JPY was stopped out for -36 pips, apparently it's doing a decent overshoot now, Im only adding more to short possies, since Im fairly confident that we are topping out, looking at USD CHG EUR USD GBP USD Id say reversal it coming shortly, although CHF hints that there is further 100 pips upside possible.

Can't advise to take any position right now on majors, 1st EUR USD BUY ZONE wasnt triggered yet (2647-2672), so might as well say that best R/R is to stay out of the current markets.

22-08-2006, 14:04	#199
rufffen Zone trading Join Date: Jun 2005 Posts: 1,058 Downloads: 2 Uploads: 0 Rep Power: 5	Re: EUR/JPY CYCLES UPDATE Part1 USD JPY was stopped out for -36 pips, apparently it's doing a decent overshoot now, Im only adding more to short possies, since Im fairly confident that we are topping out, looking at USD CHG EUR USD GBP USD Id say reversal it coming shortly, although CHF hints that there is further 100 pips upside possible. Can't advise to take any position right now on majors, 1st EUR USD BUY ZONE wasnt triggered yet (2647-2672), so might as well say that best R/R is to stay out of the current markets. Attached Thumbnails __________________ rufffen XAU spot gold and majors trades(click) trading zones for the month of April 2008.(click) trading zones for the month of May 2008.(click) 2516 pips trading one lot in April 2008.