From: Alex 
Newsgroups: uk.finance
Subject: Re: USD/JPY - Dollar Yen Nov 03
Date: Wed, 03 Nov 2004 21:46:44 +0000

Arnaud wrote:
> USD/JPY - Dollar Yen
> Short term (Intraday)
> USD JPY moves without trend and swings around exponential moving
> averages (EMA 50 and 100). The price is just bellow 106,85 resistance.
> The volatility is low. The oscillators indicate an overbought state.
> The price should continue to move in 105,80 / 107,00 range. We could
> take a short position at 106,80. We will put the stop loss above
> 106,95 (-15 pips). The major target is 106,20 (+60 pips). This is a
> dangerous trade, take care and put your stop loss.
> Resistances : 106,95 - 107,10 - 107,40
> Supports : 106,30 - 105,10 - 103,50
> Chart : http://www.mataf.net/en/forex-usdjpy.htm

Odd. It looks like a graph of random fluctuations with a variety of 
lines superimposed on top of it. Amusing.  Come up with a system better 
than just hanging onto a diverse range of shares yet?