Forex rebates on every trade - win or lose!

USD/JPY - Dollar Yen
Short term (Intraday)
103,42. USD JPY is in an uptrend supported by 15min exponential moving averages. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are parallel and form the trend. RSI is in a bullish configuration. The uptrend should continue on 104,00 resistance. We won't take a position.
Medium term (Daily)
USD JPY is in an downtrend directed by daily exponential moving averages. The volatility is high. Bollinger bands are drawing the trend. MACD is in a bearish configuration. The downtrend should continue to gather momentum.
Long term (Weekly)
USD JPY is in an downtrend directed by Weekly exponential moving averages. The volatility rises. Bollinger bands are deviated. MACD is in a bearish configuration. The downtrend should resume with more vigor..
Resistances
103,60 - 104,00
Supports
103,30 - 103,00

mng mos, how goes it mate

no bad mate,cheers..... doing bugger all @ mom,not sure where this is going today,keep wanting to shrt usd chf,but it seems to be happy above 19,little movement over night....
happy damn friday i suppose jeff....
big one last night....

one of those nights I didnt have much but felt pissed (happy)

yep ben there ended up here got it round me tits,s+p was meant ot be going out,but decided to dig myself out the mire,which i eventually did,,
lets c what today brings..

Had a couple of Japs with us which is always good value. You can take the piss without them realising it

mate i spent about 18 mnths in tokyo..enough said....
took a client out from @ the time bank tokyo ,saki frenzy in a sushi bar, i went to the loo came back and he was face down in the table coudnt wake him up,had to take him back to my apartment.... which @ the time i shared with 2 aussie dealers from westpac,you can imagine..poor guy nearly shat himself when he woke up on sofa nxt day.......lol.....

jm. ill be up city in nxt week or 2 ill post you and well have a beer

ok, nice one

plus jm,they are dirty little buggers.....(some of them..not a generalisation of the japanesse race)

Not quite as good as yesterday's move but I went against the rise just after 06:00 @ 18710 and have just pulled off 30 points ;)

niceone mg..iam long 76 from move down...

- stg @ 14

Bit of learning (for me anyway) - looks as if I might have traded the wrong move. I failed to reverse long from around the 675 mark - which may well be the "real" trade.

Shouldn't be greedy though 30 points before breakfast is a reasonable return.

mos
Well done on the 76 long - I think I was being too impatient - ended up being "lucky" by reading the small move up as the indicator. I should have been looking for the bigger move - which was the down to 76.

You live and learn.

nope mg uve doen well,i was waitn for a retest of 50 but more luck than judgement,that i got on where i did.

Well, as I read it now - based on the contrarian theory I was going on about yesterday the best trade was yours at 76 - would now have been +50. Never mind I'll be looking for the "real" trade more closely in the future.

Did you reverse at 14 ?

nice move for those who got the pound, Swissie continues to flit around 1.19 but $/Yen still heading up?

Long from 710

yep hod in my early morning haze gone long chf @ 1910..not to sure about it ..usd looks like some early morning weakness,