Sunday, June 17, 2007

Trading Advice (G/J)

GJ now at a very high position. selling this pair will be good if she cannot break 244.40. My indicator say that G/J now is overbought. next week will be a nice drop for this pair. but becarefull, BOJ are hold the interest rate. and not planning to hike interest rate till september. so the overall trend is still Bullish. this down scenario will fail if G/j break 245, in that case we might see 250 very soon

1 comments:

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