Tuesday, 14. october 2008 2 14 /10 /Okt. /2008 16:12
I personally will buy all this week yen crosses on dips in antecipation of a reverse in risk appetite the coming week, and will continue to do so, of course with decreased lots. buying levels are 133.50/134.00 (EUR/JPY), 168.00-170.00 (GBP/JPY) and 1.3350-1.3450 in EUR/USD reps. 1.6870-1.2950 in GBP/USD. Taking profit levels are 141.00 EUR/YEN, 181-182 (GBP/JPY), 1.3780-1.3900 (EYR/USD) amnd 1.7500 (GBP/USD). Again, i dont think the crisis is over and we have seen the equity lows yet, and i dont expect an substantial rally over long time in YEN crosses, so i look to take profit at these given levels and bring stop loss to breakeven as soon as possible.
von forexmaster - veröffentlicht in: forexsignals - Community: forex
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