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usdjpy's mount fuji
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[QUOTE="hayseed, post: 35763, member: 5898"] [b]relative weight[/b] ah so tokyo..... the usdjpy has spent the most of the last 20 years below falling 100 and 200 moving averages on the daily and weekly charts...... hardly reason to buy...... all we need is the yen to loose some weight..... boj believes the same...... last night the usdjpy clawed it's way back above the 100 weekly and 200 daily on nothing more [URL="http://www.reuters.com/article/2012/11/14/markets-forex-idUSL5E8ME1US20121114"]than that hope[/URL]...... it will take action to keep it above....... the extreme risk of buying in a downtrend should be apparent....... the 95 low was 79.75...... my current[I] lot weighted [/I]average price is 79.15 on 12 orders..... those 12 should stand for the next 7000 pips........ of the soon to be 500 orders placed the past 2 months, only 50 have been usdjpy....... you simply can not force trades....... the other 450 have been other pairs...... we take what we can where we can........ will add on weakness......h //---- [/QUOTE]
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