2010 profit + 1179, 2011 + 971

2010 January +236, February +22, March +190, April +198, May +607, June +63, July 0, August -50, September +62, October -240, November +114, December 0,


2011 January +388, February - 80, March 0, April -114, May 0, June -15, July +433, August 0, September +260, October +253, December -154


2012 January +365, February 0, March +236, April +203, May 0, June 0, July





TRADING FOREX MARKET

The fact is that pattern exist is evidence of price manipulation, which in turn creates predictability that produces profitability for those who can see the patterns.

Greggory L. Morris

Monday, June 7, 2010

USD/JPY +135


risk aversion is in play in European markets (currently down about -1.2%), as it was in Asia (Nikkei -3.84%) and US futures are pointing on lower opening. Pair bounced of 200 Simple Moving Average in Asia, and it is showing unwillingness to go any higher. Slow Stochastic are about to cross for the move lower, possibly going through 200 SMA on another bear run, and targets should be 89.30, and stops above recent highs and fib retracement at 92.80
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