Wednesday, July 15, 2009

Recent Forex Efforts

Since the recent yen cross meltdown started I've been trying to keep
from getting caught on the wrong side of any massive downward moves.As
I generally trade only the AUDJPY, mostly on the long side, things have
been pretty quiet!However, we are now facing some resistance at 74.50
on the 1hr -- which should be illustrative. We have done what might be
a triple bounce off of support in the


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