After every trend there’s almost always a correction following. - TopicsExpress



          

After every trend there’s almost always a correction following. What we need to predict is whether the correction will be large or moderate, to what extent and when it will end. Right now this scenario is happening with JPY pairs. We sold them successfully and stopped selling yesterday, when the correction occurred. Right now it seems that it’s over, so we can start selling JPY pairs once again. Sell USD/JPY positions from 117.53 with stops at 118.23. Sell GBP/JPY position from 178.99 with stops at 179.58. Profit target is placed at 177.35. More at forexsignals24/?p=2529
Posted on: Thu, 15 Jan 2015 08:09:39 +0000

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