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Saturday, August 23, 2008

Bank Holiday Monday

The bank holiday is normally quiet as far as trading is concerned on currency so I just wanted to make a quick note on keeping an eye on the USD/JPY for the coming week.

Patience is key in trading so wait for a BOB and use the ESLT. There will be potential entries on a smaller time frames (1,2,3) for you more aggressive traders but wait for your confluence of events.

Advanced Get USDJPY Daily Chart
USDJPY forex chart from Advanced Get.

Good trading

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