Clues on Eur / Jpy  - Feb 12th

One min on a one hour

Comment by Tusif Ak on February 12, 2013 at 2:47pm

where is this pair heading ? any clues ? this is my worst trading day :( 

Comment by Peter jcp on February 12, 2013 at 5:19pm

Hi Tusif - sorry was away from desk for a couple of hours. I have updated the chart and the clues are really the LH and LL's - ie the EJ as dropped in price and will only turn if price goes over 125.70 and 126,25. Whilst we stay below these 2 prices - we could drop farther.

Hope that helps - but please tell me your trading plan etc and what went wrong today and we can review it if you want - too make sure you dont have another really bad day 

Regards 

Peter

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