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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

Forex Trading: Market finding its legs and the direction

Posted by Greg Michalowski on Fri, 04/04/2008 - 7:50am in

In hindsight the USDJPY went right to our favorite 100 hour moving average and bounced. Trying to figure out the direction now.  The market will Watch 102.06 on the downside.