Welcome! Dear Traders,you are reading my forex trading experiences. Forex trading is a very profitable and very risky business opportunity. If you are a beginner, calm down,have a cup of coffee, and convince yourself that you need to study hard to win in forex trading. Obviously, the task is not easy as the statistics claim that only 5% traders win in forex trading. If you are determined, serious,and hard working, you can surely be included in the group of winners.


Still now JPY is stronger against USD. The USD retail sales and all other USD economic data yesterday could not give a bullish trend to USD/JPY. Today the JPY industrial data came lower than expected. But JPY did not become weaker against USD.
Chinese industrial production data strengthen the JPY. It is also suspected that the Ukrainian Crisis protesting dollars to perform naturally. Yesterday so many better economic events could not boost dollar. Now traders waiting for USD PPI data and Michigan Consumer Sentiment. USD/JPY technically on sound position near support,101.200. 
Published @ 12:08 PM, Friday, March 14, 2014 (GMT)

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