Hi guys It me Joe As far as the YEN goes I will always have it on my chart ALWAYS, never trade without it, now that being said how do you use it I personaly use it with a couple of indicators that take the data feed of the YEN and give me a signal to buy or sell the S&P I will post a chart so you can see what I mean.
Tonight Cramer said the same thing, know for sure I doubt very much it will happen and if it does than guess I will be going back to trading the currencies.
ohh:eek: :eek: :eek: I now am quoting Cramer, look what my life has been reduced down to ....................lol but it is true, the bleeding has to stop at some point
"P.S. I bet you forgot the time zones on the morning trades...LOL" I was in and in early and thought of this very thing. What are those times again. Joe? gA Also once your target was hit today, I took a nap - knowing the markets may tank further. Missed out. What do you do in those situations with no calculated levels? Watch the yen? Or use trailing stops?
look! The bears have to have there cake too. The big bull market takes its toll on the bears and now its there turn. The bleeding stops when there is very little blood left. But at some point you have to start looking to play the long side only. When she rears her head and springs back, look out! Like this morning at 9:01 the 20 point 1min bar. yikes! That's what is coming our way, the old days when the S&P had huge swings. Look out guys it back to the eighties. Yum!Yum!