consolidation slow market what is the best thing to do.

Posted on Monday, March 29th, 2010 at 4:11 pm.

It’s time to wait for the market to make a move there is low volume in the FX market at this time but i’m focus more on the Yen pairs at this time i’m looking to trade the USDJPY GBPJPY EURJPY looking for the clear signal to short it but anything can happen in Forex it may pop back up and then we will have more reason too go short. The YEN markets have got into a over bought area or hitting major support and resistance levels so i’m going to wait on the asian session but i would expect the markets commit during the london session or the new york session and trade these pair back to the origination point of my trendlines.