Comments on: Japanese standing orders still huge in USD/JPY https://fxww.com/japanese-standing-orders-still-huge-in-usdjpy/ The Professional Source Tue, 12 Feb 2013 01:46:38 +0000 hourly 1 By: Sean Lee https://fxww.com/japanese-standing-orders-still-huge-in-usdjpy/#comment-15973 Tue, 12 Feb 2013 01:46:38 +0000 http://fxww.dreamhosters.com/?p=5417#comment-15973 Good point George, the market can stay on overbought technicals for many many sessions and could run for 3 or 5 big figs despite the o/b signal. I would only start heeding the techs if something changes in the market ie G20 says something etc and then you need to be real quick in booking profits

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By: George https://fxww.com/japanese-standing-orders-still-huge-in-usdjpy/#comment-15971 Tue, 12 Feb 2013 01:12:55 +0000 http://fxww.dreamhosters.com/?p=5417#comment-15971 Hello Sean, just a quick question? On weekly charts RSI is above 87 and is extremely over bought. I am long from lower levels (87) but seeing this extreme RSI, I second guess myself – if I need to take profits. Timing is always a problem. With all fundamentals pointing higher usd/jpy do I even care abt RSI anymore?

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