CHFJPY was going up now..?!

Good afternoon ladies and gentlemen

As you may have guessed I have stayed out the market today and yesterday with NFP and the other major news items out. I leave fundamentals for the people in the know and to those who have the stomach for it! I will stick to my technicals thank you very much!

I had a brief look to see what has been happening the last two days and can see that price is still with in the R Zone mentioned on Wednesday. Today's bar has so far completely reversed after moving well past the TT also mentioned on Wednesday. On the 1 hour chart we could be seeing a bearish engulfing candle. Once again these big movements in quick succession show the volatility of news and is maybe best for Day Walkers to be patient and stay out the markets. So it will be intersting to see how our girl starts off next week. Remember to do your own analysis over the weekend. I may possibly stay with her!!

Alright Rich!! Man I love that word! AWOL! The answer to my riddle is "Plan the trade. Trade the plan!!" Thought you would have known that one matey!!

The answer to your film is from Goodfellas. One of my favourites which I know like the back of my hand. That was said by Henry when he is having a monolgue on giving up his crimanal life. My favorite character has to be Tommy DeVito played by Joe Pesci.

My riddle is "Consistancy requires M________ S______!"

Have you all a wonderful weekend. Something tells me we are in for a stinker with regards to the weather so take an umbrella if you are out and about!

Till Monday

Abundance is your Birth Right

Zaheer Anwari