106.4 was my earlier assessment. The candles are too short for a freefall in my opinion. I see us bouncing off those earlier 4hr hits at 106, but either way. I am not long until I see a flag. Preferably on the 4hr. We are currently IN SYNC with the ...

USD/JPY Discussion

This is a very interesting spot for us to be in pre FED announcement. Interesting because we have what many consider to be strong support below at 107 region. There is a high probability of this being a bear trap. In the past we dipped below it to ...

USD/JPY Discussion

10 am Jolts Job openings. If it follows the May Jobs numbers... boom. If not... Bohica. Indicators appear to be showing oversold. Right before the May Jobs report they all showed overbought. So anyone using one would most likely have sold right ...

USD/JPY Discussion

Possible flag on the 4hr. Next candle may be the same. News @ 6am Est.

USD/JPY Discussion

Thanks. Look into ZUP148. Do a side by side... It is free. If you are renting that that is.

USD/JPY Discussion

If this is true we are clear until 107.66 at least where those first bullish candles appeared, but if my assessment is spot on... then I will have to look again once we clear 107 to determine where their targets are.

USD/JPY Discussion

Hey Joy... Where was the neck on that butterfly?

USD/JPY Discussion

Thank you. I am working on being a 36th Chamber trader lol

USD/JPY Discussion

Good Morning all. For a while now I have been working on identifying bank and Hedge fund movements. Something occurred to me last night as I considered that move up higher. Let's analyze the candles. Looking at the chart we see hugely bullish ...

USD/JPY Discussion

This looks like a pullback of the overall trend. i mentioned 108 before. IMHO we were supposed to stop at 109.2-109.4, and pull back there before the move up, but then miraculous news appeared. Not everyone was ready, So there may still be orders ...

USD/JPY Discussion

So much better when you tell us here vs promoting your youtube channel

USD/JPY Discussion

url This may help Bears.

USD/JPY Discussion

As far as bad news I am watching June 12th-15th. 14 days after the first protests. I will truly be convinced if we are near 111 or 112 around that day. I am looking for a close up here around 109.8 for the weekend. The news was just too euphoric. ...

USD/JPY Discussion

Watching 109.8 for a 108 bounce

USD/JPY Discussion

image

USD/JPY Discussion

Today's Daily chart is actually a better and cleaner example of what I mean... Here look. End of March. Daily has a nice bear flag in the form of an engulfing Bullish candle. This flag set the level. Now today we return to that same level... Yet no ...

USD/JPY Discussion

I agree with you. Just be careful. Gonna see some red before green. Or stack them racks!

USD/JPY Discussion

US Market closed at 109.16. Back on day's highs. Dow rallied at the end to close with a small gain. 60 minutes to Daily candle close. (hmm just relalized I haven't pulled up a Daily chart.).. and BOOM. There goes the flag I was looking for. Level ...

USD/JPY Discussion

4hr flag didn't show up. No flags on any time frames yet. Thought a 1hr one was showing, up but NOT. We did however see a nice Bear trap at the 109.16 area. I think we are due for a nice rip to 109.4 which will hurt anyone who jumped in at ...

USD/JPY Discussion

Be careful. I smell a bull trap coming. I think it will form that "support" you have been waiting for and then dip back to 107. Looking left you see where it did simiilarly before. USD had bad news today yet we are going up. Only way that makes ...

USD/JPY Discussion