Articles for: FXUSJY

In my article last week I looked at a potential setup for a short trade on the US Dollar/Japanese Yen currency pair (FXUSJY in ProfitSource).

The US Dollar has shown some strength over the past month, making strong gains against all the major currency pairs.

Double Tops and Double Bottoms are one of the most commonly recognized patterns in technical analysis.

A common misconception is that in order for a trader to be profitable, we MUST buy very close to the bottom of the market, and we MUST sell very close to the top of the market.

The Euro has continued its strong run into 2008, approaching the 1.6000 level last week during some volatile trading before selling off slightly last Friday night.