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simplegreen

02/14/09 6:12 PM

#19103 RE: Xplosivestocks #19102

Hey Xplosive..,you havent been around in a while..good to see ya!I find it hard to call a favorite because since about feb 9 the FOREX market has been whipsawing a lot but IMO will soon settle down again.I suppose I would have to choose the beast right now tho..GBP/JPY...it has good pip movements and very nice bull/bear cycles but at this time I will go out on a limb and call it a long term short because from here on the 60 min chart it looks to me like the bull move is soon to be history.It really doesnt matter to me if its going up or going down..it still has nice swings and the more I look at and trade this pair the more I wonder why its called the beast..looks more like the beauty would be a better term(LOL)
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simplegreen

02/14/09 6:40 PM

#19104 RE: Xplosivestocks #19102

Xplosive..,here is a 60 min on the beast and the little hand is pointing to a spot on the STI(2,5) that tells me to look for more downward move