Week 50 EURJPY Analysis

(Technical analysis done by Eric Lye in our Forex Trading Blog. The purpose is to share how we analyze the market using price action and put ourselves on the side of higher probability of things happening.)

I have not been able to update my blog for past weeks.  Trying to figure out ways to make a difference in the way we deliver our knowledge to traders.  (Have been trying the Google Wave, quite a cool tool)

Anyway, year coming to an end, but that doesn't means there is no trading opportunities :-)
But, do trade with caution and take it a bit slower.  What is going to happen next year is really difficult to say, but as long the charts tell us something, we plan accordingly