USD/JPY Move

Discussion in 'Forex' started by AJFCapital, Jun 17, 2009.

  1. baron193

    baron193

    It is hard to make predictions, basicaly i anticipate EUR/USD (the only one i trade) a little higher, so for corelation reasons perhaps USD/JPY a little lower, and i do know corelation has not been the best the last few months, , BUT ,
    i trade down to the lowest TF's
    so always prepared to change direction, and my mind, very quickly.
    This post is not ment in any way to affect your original trade idea.
     
    #11     Jun 17, 2009
  2. I see where you're coming from. The EURUSD definitely looks like its going to continue its uptrend, and b/c of the inverse relationship, USDJPY should be going down.

    We'll get our answer during the London hours :)
     
    #12     Jun 18, 2009
  3. Did anyone else buy, and are you still holding?
     
    #13     Jun 18, 2009
  4. baron193

    baron193

    Good trade, congrats
     
    #14     Jun 18, 2009