Friday 25 July 2008

Missed Opportunities and Price Reversal with Yen-Crosses Pairs Friday

Friday
No trade

I've been picking up a lot of long signals in the yen-crosses markets lately with the fk software. Looking at the market movements today and the possible trade setups this morning, I was really sorry to say that we'd just missed some golden opportunities to score a few hundred pips for the 100-pip system, as the yen-crosses pairs rebounded with the price reversal pattern.

It happened on the day after our techincal bias was switched to the neutral stance, given a score of (44 -56). If we'd stayed a day longer, we'd be in the money.

Amyway, looking forward to next week trading.

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