DailyFX Forum - View Single Post

		DailyFX Forum
Sidebar Wrapper

1,146 Users Online

Thread: Fibonacci Trading

View Single Post

#97 (permalink)

02-17-2008, 09:21 PM

Gregory McLeod Gregory McLeod is offline

DailyFX Power Course Instructor

Join Date: Sep 2007

Posts: 1,135

Gregory McLeod is an unknown quantity at this point

EUR/JPY Break

Quote:

Originally Posted by tradermoe

partial rise showing on eur/jpy. i think it might break upward soon, just has to break through that 157.00 resistance zone first.

moe

If it can clear that area 160 looks attainable. With the Presidents day holiday, we could get some big swings.

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.