Trading Idea : EURJPY Short 25-May-2009

I am not taking this trade (EURJPY) due to bank holidays. UK and U.S banks observe Spring Bank Holiday and Memorial Day. I am not interested in trading during holiday session. Anyway, the chart sets up nicely. It provides a nice short setup for short term trade, however, risk is relatively higher trading during the holiday session. Well, that’s what I think.

Here is the ….. CHART!

eurjpy_25may2009

Two RDT play: EURJPY, USDCAD

Here we go. My Really Dumb Trend system fires buy signal for EURJPY. It looks a little stupid… 😆

Anyway, let’ see how it work out, and who is the really stupid one.

eurjpy_1hr_rdt

(Click to view the full chart)

And here is Sell signal for USDCAD

usdcad_1hr_rdt