claydoctor
Short

EURJPY The comparisons to summer 2011 just keep coming

FX:EURJPY   Euro / Japanese Yen
126 3 6
This pair reacted exactly as it did summer of 2011.
very nice idea!
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I believe this is a long opportunity. As far as your relation with 2011, finding two triangles on a chart doesn't mean anything
+1 Reply
claydoctor PRO vlad.adrian
Yeh your right, I am an idiot, thanks for telling me, or I would not have known. Well, what's not posted is the data to support these moves, which are also very similar. But I am sure you already knew that. And, although I agree the risk reward ratio favors the lower risk long position you have taken, I favor the riskier short position, and that's why we trade. Do me a favor, and post with mutual respect, and assumption of a difference of opinion, not intelligence.
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