Discussion in 'Trading' started by rc5781, Nov 19, 2008.
how reliable is this intraday and vice versa?
I think you're seeing some yen defense at certain levels where Japanese "pension funds" (another word for the BoJ) are coming in both in yen crosses (primarily USD/JPY) and the Nikkei itself.
It's pretty reliable lately, however. The Yen is moving lockstep with ES.
Buy some trading software, backtest the idea and share the results.
dude, no way...
looks like 2 week chart of ES with after hours versus 2 week of usd/yen looks good for spotting divergences
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