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The Dynamic Trader Forex Blog

Friday, 27 February 2009

Yen over the top !

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = JPY : Day Chart (Posted Below)

Another move up today of around 140 pips, with price pushing through the value index. Early noise in the price is showing a reversal which would be expected, having moved up for some 4 days without breath.

Do we have a pullback or breather ???

Patience will tell. Key news on USD Friday

Stochastics are OB with false signal, MACD above signal line and zero line

RSI strong @ 79.96 and still trending up

I hope you learned much following the YEN this week and look forward to speaking to you all on Sunday night.















Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

TwitterCounter for @j9jdm

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