4 April 2008 - 15:55Trading Advice 4/4/08

OK now that I have vented my frustrations I will turn to actual trading. With the piss poor jobs report today the dollar is finishing the weak with a bearish tone. USD/JPY which already lost a penny and a half since yesterday is ready fall below 100 again. It is a very pretty looking short on a daily chart and I am suggesting you short it ASAP. Of course if you use a crappy broker like FXCM which does not permit you to trade after 4 pm EST you will have to wait until Sunday. However when Sunday rolls around do not hesitate to short the pair.