DailyFX Forex Forum | FX Forum - View Single Post - Elliott Wave Trading Discussion

		DailyFX Forex Forum \| FX Forum
Sidebar Wrapper

Thread: Elliott Wave Trading Discussion

View Single Post

#1873 (permalink)

10-26-2008, 05:03 PM

Big Mike

Member

Join Date: Oct 2005

Posts: 1,606

Quote:

Originally Posted by emil.taghiyev

hi. I am expecting USDJPY to reach at least 85 this weak, because it's seen from the graph that the pair is in the freefall. What are your opinions about this?

My first target, based on the P&F charts is 89.
Anything more is a nice BONUS

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.