For clarity.. The 1st image highlights the end of the uptrend The 2nd image (with a white background) highlights the move down with swings and pullbacks (the journey) The target remains the same - and we will get there.

USD/JPY Discussion

The thing is (and I do appreciate I've banged on about this since January)..there is a target just under 109.80. This level also corresponds with a test under 110 and markets LOVE testing major key '00' levels. Yes there will be pullbacks and swings ...

USD/JPY Discussion

My analysis suggests there is no doubt USD / JPY will dip below 110..the thing is would I enter now..? No This is a dog shit zone and traders are being trampled on - I prefer a more 'pedestrian' journey. I'm in from way above and have scaled out ...

USD/JPY Discussion

..Wrote this a couple of days ago and have witnessed these ugly scenes many a time (been caught in a few myself).

USD/JPY Discussion

Off topic ...And if you don't like what you see with the pair you are looking at...take your business elsewhere. Here is the EUR / NZD Trade I've referenced a few times..My initial entry on this went offside as the pair accelerated a further launch ...

USD/JPY Discussion

The battleground...

USD/JPY Discussion

Nice going..A good run for you. I'm holding positions dating back to early January but for me there is only 100 or so pips left in it and the negative swap is mounting up. I believe 110 is begging to be tested. and my target is 20 or so pips below ...

USD/JPY Discussion

Traders with a short bias will be scaling in sell orders off this GAP play with tight stops.. Markets often whip around these GAP zones..

USD/JPY Discussion

The way I'm seeing it (and I may be completely wrong)...Is that at the very least there will be a lot short covering - so yes, to cover or close a short - the trader must 'buy'. That coupled with every institutional and major Prop firm's key level ...

USD/JPY Discussion

For what its worth...Every man and his dog is now looking at the target I gave back in January. Its a major liquidity zone and sits under a MAJOR level (110)..Be on your guard because when that level hits - AN AVALANCHE OF ORDERS WILL HIT

USD/JPY Discussion

Yes sorry, that was a typo..I had an alert trigger on my phone and typed in my post from there. Really an add in opportunity to scalp out that last leg but I haven't added in as I've been building shorts in EUR NZD instead which has greater profit ...

USD/JPY Discussion

It'll whip around the gap zone now trampling on traders and building liquidity.

USD/JPY Discussion

Yep, that manoeuvre plays out time after time. Gap is now filled at 118.36. Hope this doesn't come across as being a smart ass but I've seen these plays a thousand times and am just hoping that sharing it with newer traders will alert them to ...

USD/JPY Discussion

Agreed. Once a trader learns how to make money using money management and position sizing skills from a position which begins with a random entry that goes into drawdown; then the fun begins..(this was often a test given to rookie traders in Prop.)

How to make a living with trading?

A good thread yet the challenge remains for the original Poster... Its very frustrating when you've spent years (in most cases) crafting your skills as a self taught retail trader to a level where you can consistently make money from your trading FX ...

How to make a living with trading?

..Gap fill before the drop below 110..

USD/JPY Discussion

So, here we are..Just above the 'money shot headline' at 110 and flirting with it - with target about 20 odd pips lower..We were always going to visit this zone. Many shorts will be unwinding into this take profit zone and if I was looking to buy ...

USD/JPY Discussion

Lol - just replied mate..Looks like our methods may be in line.

USD/JPY Discussion

USD / JPY will hit is target under 110..No doubt about that BUT there needs to be liquidity to do it..so there is likely to be chop for a bit because most who are short above 115 have covered and are holding and longs are nervous so close to a key ...

USD/JPY Discussion

...Sure there will be re-tracements and pullbacks that will offer scalping opportunities for the fleet of foot but lets consider two things.. The target for shorts sits around 109.85 - 109.90 There is a headline in the making..."USD JPY dips / ...

USD/JPY Discussion