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Old 09-20-2006, 02:23 AM
mpower mpower is offline
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Quick 20 pips EUR/JPY Asian session

I was looking for a set up to show you how I trade with 4pma and I saw that eur/jpy, usd/jpy were about to drop down. eur/jpy looked cleaner so I took a scrren shot before and after.
So here is my logic behind this set up. I saw eur/jpy drop to 149.97--below all ma's in all time frames. I saw hi2.p3~hi2.p4=149.78 our exhaustion level--talked about it previously. So look at the screenshots, a picture says a 1000 words...
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File Type: gif eurjpy.gif (53.7 KB, 2884 views)
File Type: gif eurjpy1.gif (52.6 KB, 2865 views)
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