Simple's Green Room

[simplegreen]

GM pennies and all..in case everyones wondering about market conditions and driving force behind these risk pair declines check out the panic selling caused by extreme risk aversion...BOJ was only a trigger for a major downside correction and the Yen which is/always has been a POS is now being bought like it was the best thing since sliced bread...no currency has a chance to hold gains til the powers that be stop this huge runup of the Yen,Heres a daily of the Philly Yen index showing the moonshot of the Yen.Til it reverses I dont trust any longs no matter how tempting prices are so I'm reduced back to scalping M1 to M15 on AUD and NZD...I hate these conditions and have seen it several times through the years...cant/wont short AU or NZ so I scalp long on bounces but treat it like walking on eggshells!Hate that...chart on yen