Hi,

My name is Vic Noble and I wanted to mention that when doing your top down analysis, it's important to know what's going on in your trading environment. Pay attention to the fundamentals. For example, check out the news on ForexFactory and determine if there are any high impact events within the trading environment. If so, it may be prudent to let events play themselves out and trade when the environment is less volatile.

Check this out for the EUR/JPY sell setup:
http://www.forexmentor.com/coaching/...l-feb2908.html

Vic Noble
info@forexmentor.com

trading during the release of numbers or events is sometimes like a bed that can end in a bad surprise. Even if you made the right bed if the volatility is high and you do not have enough margin you can get a margin call easily.

The trader will have to decide if he wants to assume the risk of this high vola or wait for less volatile times...

rgds

__________________
Analytic-Eye
Fibosignals.com