What I saw.. and my reason for that entry area. After long bias of course. image

USD/JPY Discussion

You are probably right, but I look for the the bottom of a range for entries. How much time I spend in the trade doesn't matter to me as much as seeing a nice entry later when it does finally move. A lot of my entries are early as hell. I have ...

USD/JPY Discussion

I used to think the same thing my friend. But once you have your higher time frame bias, the 1m is actually kinda awesome. For instance I just used the 1m to place my limit order in that area of consolidation. The trick is not to catch it moving. ...

USD/JPY Discussion

Buy limit placed at 144.5

USD/JPY Discussion

My morning assessment. We have taken out the liquidity below the previouse low. Buyers who bought here left SL orders below. Now back to that area I mentioned earlier IMO. We need to take out the SL orders for all those greedy sellers who expected ...

USD/JPY Discussion

Possible 15m rejection. image

USD/JPY Discussion

Done for today. Starting to feel greedy.

USD/JPY Discussion

See how it played out? This is the ES500. Not UJ. Just shown here to confirm my previous post about liquidity grabs and continuation. image

USD/JPY Discussion

I took your hint. By default I try not to be specific as it tends to draw out the nay sayers, especially when wrong which we all are from time to time, but it seems it wasn't as helpful as I imagined

USD/JPY Discussion

FOMC speaking at 2PM EST. Expect some volatility then. Will most likely rip upward. I will be out by then. Actually closing out now. Will open more after the speach, or during it if it hits one of my areas of interest. 146.620

USD/JPY Discussion

Another clue to look for. Found this on the ES500. See how the tails on the outter candles touch? This says that the liquidiy in this area has been obsorbed. Liquidity gone... have to search for more. So we continue southward. image Also keep in ...

USD/JPY Discussion

Placing SL above 146.83. as long as it doesn't go above that I feel my TP will get hit. Same pattern almost on the ES500. Tp'd there already.

USD/JPY Discussion

@ PianistMat See my morning assessment. of the day...

USD/JPY Discussion

@ PianistMat This rejection candle on the 15m just above a previous area of support and resistance alluded to a liquidity sweep above that area (to the left). Once the next candle was also Bearish it confirmed. The candle after that did a liquidity ...

USD/JPY Discussion

Not really that hard. They do leave clues.

USD/JPY Discussion

15M rejection candle image

USD/JPY Discussion

Remember that sideways action I mentioned last week? Short term. Short to 146 off of 147.2 area. Unless 147.2 is broken in which case first target is yesterday's highs. Second 149.2. I took another look at the 4hr, and longer term I am leaning Long ...

USD/JPY Discussion

::sniffs armpits:: Hope it wasn't me..

USD/JPY Discussion

I would tend to agree. I think today was just a liquidity grab above 147.5. We shall see. There's some yummy liquidity between here and 149.9 also

USD/JPY Discussion

I get what you are saying, and totally respect it. My response would be that learning for some can come in the form of a different perspective. For me some of my best "aha" moments came from reading or watching a different style. He did say that he ...

USD/JPY Discussion