Comments on: FX market stays very quiet on Tokyo open https://fxww.com/fx-market-stays-very-quiet-on-tokyo-open/ The Professional Source Fri, 16 Nov 2012 00:57:46 +0000 hourly 1 By: Sean https://fxww.com/fx-market-stays-very-quiet-on-tokyo-open/#comment-7222 Fri, 16 Nov 2012 00:57:46 +0000 http://fxww.dreamhosters.com/?p=2773#comment-7222 look at the weekly downtrend line from 10/20/2007 has been hit 3 times. the third touch is at 84.14 so..that might be saying something. could also be forming a double top at 84.14 and the recent high of 84.06. something surely to consider.

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By: Sean Lee https://fxww.com/fx-market-stays-very-quiet-on-tokyo-open/#comment-7221 Fri, 16 Nov 2012 00:54:01 +0000 http://fxww.dreamhosters.com/?p=2773#comment-7221 I do love a good contrarian trade Sean, not sure why it should stop now but the risk reward is excellent so certainly worth considering

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By: Sean https://fxww.com/fx-market-stays-very-quiet-on-tokyo-open/#comment-7220 Fri, 16 Nov 2012 00:45:10 +0000 http://fxww.dreamhosters.com/?p=2773#comment-7220 I think a low risk play is to short AUD/JPY at current levels and put a stop around 84.20 seeing 84.14 is a one month and six month high. Could see some sizeable sell orders clustered i’d fathom a guess from 84.10/15. Your thoughts? Given the recent rise in the yen pairs…

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