Big move during New york session

Posted on Tuesday, February 9th, 2010 at 12:01 pm.

When you see the move during new york the GBPJPY and the EURJPY behave pretty much the same way in the forex market Both markets took at 80 pip take profit with both trades and looking for some consolidation or break out probably later tonight during the Asian session. Look for confirming candle formation and enter trade at the close for the commitment in direction.