Not in total agreement as UJ did exactly what it should have done -- moved up for a nice long and reversed to downside at noon est.

the daily trend is DOWN, although im not trading it so didnt look for the bottom, but with that TREND, short is the direction you wish, unless you were to take profit at the normal reversal time of NOON EST and then go short !

enjoy and trade well

mp

[quote=.Anybody playing yen pair will be burnt today( trading during Asian and European time frame) trying to long on the bottom of the zig-zag. The bottom kept dropping and changed so many times today on all the yen pairs. SL will be triggered numerous occasions. Got to have a feel of the market, and don't try to trade against the trend. Just wait how the trend goes when the US market opens![/QUOTE]

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