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simplegreen

07/10/11 3:13 PM

#79619 RE: pennies2007 #79604

Hey pennies..spent a lot of time on the strategy tester again this weekend and my USD/JPY long may well need more downside than I anticipated til it turns...in looking at yen crosses I see a pattern of them diving like U/J did the other day but then dropping quite a bit more after they settle from initial dump.That thing may well go on to test 80 before it turns unless it breaks that yen cross habit.Oh well..I knew more downside might be in order so not concerned.
BTW I said the other day we need to get together some this weekend but guess this is as close as it gets...markets getting ready to start a new week...at least I did post details of my chart setup and maybe we can compare notes later.