Tuesday, September 23, 2014

USD/JPY Technical Analysis: Yen Recovery Tipped Ahead - DailyFX

If your research strengths lie with assessing information, you will want to focus on "essential" methods on the Forex market. Essential methods are those that take their queues from political and financial information. In essential trading you evaluate such information and make your trades based upon how you believe currencies will be affected.

USD/JPY Technical Analysis: Yen Recovery Tipped AheadDailyFXThe US Dollar could be carving out a top against the Japanese Yen marked by the formation of a bearish Harami candlestick pattern. Near-term support is at 108.22, the 14.6% Fibonacci retracement, with a break below that on a daily closing basis ...USD/...USD/JPY Technical Analysis: Yen Recovery Tipped Ahead - DailyFX

You can always stand apart of a trade, you have that individual right. If you are uncertain about your position of a trade, it is most effectively to avoid of it. If you do not have adequate info to make an educated decision, it's better to sit out of the trade than to make risky unenlightened choices.

You may also like following articles on Japanese candle stick patterns

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