Institutional Bank Style Trading: Balance Point Trading is how the banking institutions and large retail investors make their money. This is how we as well are going to make ours. Welcome to Titan's PipWorld...
Date: Thur, Jan 3rd 2008
Time: 7:58am New York Time
Comment: Nothing has changed, we sit and we wait. GbpJpy is in OS (over-sold) condition and will bounce up, the only question is will the bounce be today, tomorrow or Monday of next week. The below pic-image shows GbpJpy is outside the bands and below CCI, its a waiting game for us medium to long term traders.
To enlarge pic once loaded just click on image.
Titan