Trade the waves~

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Trade the waves~

Elliot-ish.


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    ----EURJPY----

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    Rd
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    Post by Rd Tue Nov 10, 2009 10:24 am

    -EURJPY TA-
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    Rd
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    Post by Rd Mon Nov 16, 2009 3:12 pm

    Trend in H1: Sideways
    Trend in D1: Sideways

    Chart Pattern: Rising Channel, Ascending Triangle

    Expected Direction: Up(60%) or Down(40%)

    ----EURJPY---- Ej11
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    niea
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    Post by niea Mon Nov 16, 2009 4:01 pm

    I think EJ is moving slower than GJ today... maybe because the weight from Euro?

    as I noticed, last week when GJ is around 149.90 - 150.00 EJ already reached around 134.60 - 134.80 closing in to 135.xx but today EJ still at 134.20 while GJ ady reached 150.xx
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    Rd
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    Post by Rd Mon Nov 16, 2009 4:27 pm

    probably because in EU the euro is hovering at a significant high... there are lesser and lesser buyers for euro now... euro is getting really overweight..

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