Tuesday, May 12, 2009
Forex Trade (USDJPYm)
This trade was based on mainly Fib retracement technique + (RSI & ADX & SMA) convergence. Several retracement was observed. Furthermore, the 1.618% confluence was found in between 96.84 ~ 96.84. As this zone has been penetrated, the next confluence (Fid zone) is at the zone between 95.87 ~ 96.17.
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