Tuesday, April 21, 2009

AUDJPY: Waiting For The Trend To Break

I often think that evening trading goes through a period of doldrums.
It gets boring. Things move slowly, if at all. Ten pips gain or loss
can take an hour or more to happen.Zzzz.At the moment, as you can see
by the chart below, I'm waiting for the current trendlet to break:This
is a 1MIN chart, hence the "trendlet" concept.


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