Daily Archives: August 25, 2009

Today in Currensee's community, there's a good discussion on the USD/JPY.  Marcie wrote that she may have gotten in at the wrong time and asked the community what to do.  So far over 60% say "get out now, it's only going to get worse" but the discussion is still going.  Read the whole thread and vote in the poll at Currensee.com

USD/JPY poll

As of this morning, 68% of the Currensee Forex community was long in this pair and losing.  I wonder if that's the same group telling Marcie to get out now?  Will made an observation about Support and Resistance points.  The community volatility widget shows support points a bit below the current USD/JPY price so maybe there's still hope for the long side.  Only time will tell.

Community volatility

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