Thursday, 16 April 2009
AUDJPY: Long Entry Decision
Thursday, 16 April 2009
I've been having some success calling the shots on the AUDJPY charts.This morning we've been having a correction from yesterday's highs. While I've been hearing scuttlebutt on twitter concerning shorting the carry trades, I remain upward biased.My view, the current drop in price is setting us up for a possible double bottom or simply a W shaped chart. Simultaneously, I do see some stochastic and
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