Comments on: Volatility great for trading, but you must get your timing right https://fxww.com/volatility-great-for-trading-but-you-must-get-your-timing-right/ The Professional Source Sun, 09 Jun 2013 21:39:01 +0000 hourly 1 By: Sean Lee https://fxww.com/volatility-great-for-trading-but-you-must-get-your-timing-right/#comment-22430 Sun, 09 Jun 2013 21:39:01 +0000 http://381c099c8f.nxcli.net/?p=8377#comment-22430 Generally speaking yes Chris, but not always and not in short term. We are seeing some truely massive flows in the crosses at present and they are driving the ‘leg’ pairs in different directions.
USD/JPY feels oversold in s/t and uptrend is still strong, so I do expect an upside correction to 100 and lets see what happens then

]]> By: chris https://fxww.com/volatility-great-for-trading-but-you-must-get-your-timing-right/#comment-22416 Sun, 09 Jun 2013 19:13:49 +0000 http://381c099c8f.nxcli.net/?p=8377#comment-22416 hello sean,

you wrote that killing 129,50 would bring some upside potential and you would look to sell again in the area of 131, so do you think usdjpy will go further deep, after some correction towards 100, which will be the next big resistance?

i mean usdjpy is the mean driver of eurjpy, isn’t it?

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