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Old 08-22-06, 02:04 PM
rufffen's Avatar rufffen rufffen is offline
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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.
 
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