Traders Laboratory - View Single Post - Busy Day Tomorrow
View Single Post
  #50 (permalink)  
Old 04-18-2008, 07:14 AM
Art Krantz Art Krantz is offline
Art Krantz is wired into the circuit

 
Join Date: Feb 2007
Posts: 62
Thanks: 7
Thanked 26 Times in 11 Posts
Re: Busy Day Tomorrow

$/Jap just popped thru heavy (technical) stops at the much touted 102.75 for 103 torero. A lot of desks have been primed on that number past couple sessions.

Crosses will attract 'sympathy' accompanyment, especially GBPJPY. For extra confirmation on that pair; see Sterling strength (Cable & EURGBP).

EURJPY has been well bid all the way through the pipe into late NY trade, knocking on from very heavy appreciation (stops) thru the key 161.50 ceiling.

Just take a looky at your technical graph re; the EY, that tells you all you need to know regards that baby.


Now, if I could just drag that pain in the ass vsa thread stirrer & the rest of those bandits out of the bars, we might earn a few more commissions before the day's out

Reply With Quote