Thursday, October 15, 2009

Oct 15: USD JPY - Long Term Bottom likely in


As a follow up to the Sep 29 chart, with three MTD lows in a row, USD JPY looks to have formed a long term bottom for now with a double bottom at 88.

2 comments:

Anonymous said...

You have no confirmation for this yet. I have made my own version of the usdjpy delta. I see more downside, if I was to use your setup, I'd put the black 3 on the red 7 and the black 4 on the red 8.
Your cable delta I think is right on the money though.

whatisgud said...

Hi Cmellon
I've been following your blog for a while and find it very useful. But you haven't been posting for a week already. Can you be kind to update on the geppy please? You're always almost accurate!!!
Thanks

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