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usdjpy's mount fuji
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[QUOTE="hayseed, post: 51380, member: 5898"] [b]august close[/b] etradefx account increased by about 7300 for the month of august ...... all open trades were closed friday morning during london session..... bought 4 usdjpy mini lots and shorted 2 gbpusd mini lots later during new york session..... gbpusd trade is just lunch money..... left 9 pending buy orders open by mistake..... if a large gap down occurs, several might pose a problem...... //------ after an unbelievable td sequential weekly count of 35, the usdjpy retraced to almost dead on the 61.8 fib line..... there is nothing to keep it from revisiting that line during september...... if it did, to me, that could be viewed as a positive.... however, in the back of my mind, i feel within 60 days it will cross above 100 and then spend a long residency in the triple digits..... september has the potential to be a 10k month..... that would counting the chickens before they are hatched....... so will settle for lunch money...... will add heavy on excessive weakness and sell on excessive strength......h //------ [/QUOTE]
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