Not too much to do here
Posted by Cire2222 on Apr 23, 2008
Right now I don’t see too many swing trade entries. I think the GBP/JPY forex pair is still sitting at a decent long entry level and the EUR/USD may be primed for a sell off. Gold has continued to take a beating but right now is not the best time for an entry if your not already short. The S&P has no clear direction to me, see chart below for some thoughts on the stock market index.
GBP/JPY
Posted by Cire2222 on Apr 21, 2008
This is a wild forex pair that makes HUGE moves. I called a long play on this pair in the forum that was good for 600-800 pips, I think it’s giving a good long entry here for anyone not already in it, but be cautious on your position size because this pair moves BIG and fast.
