Studies FXCM
				FOR RIVER TRADER ONLY! Hi Forex Traders, Please add these two pages of illustrations to your studies on the Yen. Make your own decisions and work the trend when possible.     So the question is, are we in an uptrend or a downtrend? Seven of the smaller time compressions are overall up and one is still down and that is the weekly and even it is in an invasion, of the established weekly river, going up which is in agreement with the history prior to this major weekly fall of 2002.  Study the two illustrations below, however, weekly is not illustrated. If 7 time compression with ROI Fib level signals become in agreement going up and the weekly is going down, then I would suggest that you would have time to get into the Worlds money and eliminate any risk should the market suddenly reverse and begin to fall. Getting into the Worlds money in either direction is where you will find the most safety regardless of which “river” you decide to trade.  Remember there are two rivers within a trend. "Stay in the river". See disclaimer at www.fsvtrading.com before entering the market based upon any source of trading information. Since Feb 2002, the JPY has been in a downtrend but the bigger picture, if you will go back to the weekly chart of the past, all the way back into 2000, you will see the big compressions say uptrend. The illustration above is a day chart and all time compressions should be considered.  The waves of the market are much like a roller coaster and occasionally all the time compressions become directed in the same direction. Visit the Charts and view the weekly compression as a part of your own personal study of the Yen and remember to make your own decisions when placing a trade because losses and profits do occur in all markets. The question of the a possible new trend in the EURUSD has also come up recently. Study the big picture and look at the obvious crossovers on the weekly chart and remember these may be targets before the resumption of the overall historical trend continues. Home | Our Mission | Learn to Trade | About Us | Forex Today | Why Trade the Forex | Why Choose FSV | Workshop Calendar Testimonials | Find a Gold Mine | Forex FAQs | Charts | Studies | Dealing Station | Workshops | Registration Form | Contact
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