Oh, by the way...

Remember I beat myself up for buying the Dollar/Yen when it looked like we were going to bounce off the 34 EMA on the 15 minute chart? Worst of all we had a Gravestone Doji where I went long!

This pair will be back, however take a look what happened to the Eur/Sterling today. I had three very successful trades in this pair (see statement) because of the very same thing. I shorted the pair and shorted again (into strength) once the 34 was hit...because the trend is down.

The red line in the chart is the 34 EMA. I talked earlier about this trick that I was taught by a really good trader.