Tuesday, October 2, 2007

Forex Trade Set Up USD/JPY

I have been researching a old set up I used to use. Basically it is a triangle pattern. If you have been watching gbp/jpy you would have seen that the entry level which I researched but didn't take was very successful. That set up is NOT in my arsenal at this time but I am considering adding it after I research the trade more.

Currently I am seeing the same set up in usd/jpy. I am waiting to see a daily bar close in the 117.75-90 area.

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