Hello again Kathy, Boris,

My question this week relates to the USD rally. Wednesday night / Thursday early morning: The dollar came off a big rally during wednesday and steadied off during night time (around 11pm EST). I used an RSI 14 and saw that it was tipping above 70 and thought this might be a good time to enter short on the dollar. I waited for it to cross back down past 70 to 69 and went short USD/JPY. If it did dip, I didn't think it would dip too much, I thought I could get away with 10-15pip on the short position before it corrected. Shortly after, the dollaryen went up 7 or 8 pips and went back above 70 RSI. Overnight the dollaryen gained 30 pips and it triggered my stop lost. On thursday I wasnt at the computer much but I think the dollaryen hovered around 80 RSI. I didn't think there was any event risk between when I entered (1am thursday morning) and 8am (thursday morning). Given there was an event that rallied the dollar at 8:30am EST, but even before that the dollaryen didn't reverse due to overbuying.

Was it even overbought since it was such a sharp rally within a short period of time (2 days)? Should I not have shorted at 69 there? What did I overlook this time, and what other indicators could have forcast this pair's direction? Did I just read the RSI wrong?

My next question is about dailyfx.com. First off, I love how insightful the site is and I love the new podcast daily wrap up mp3s. I'm sure dailyfx's website could be viewed on a smartphone, but I was wondering if the rates would show too since its a java applet. Also, I wanted to know if there was a download link to the daily wrap up podcasts and the friday Q&A podcasts (since last week's was about 30 minutes long), where I could download them to an mp3 player if I have no time to sit down and listen to them.

My last question is, does fxcm plan on developing the trading station to be compadable with smartphones like a treo?!

Thanks Kathy, Boris,

I hope to meet you guys this weekend in NY! =)

Have a good weekend everyone.