On the verge of Japan data, we are looking at this potential short term short. The monthly chart has an interesting signal, same as the weekly and daily, all demand lower lows, and fast. It's possible that we get a time at mode breakout down from this zone. Keep your eyes open to sell the breakout down. Should be fast if it works. Good luck!
If you want live updates and more information, make sure to contact me via pm or skype. I provide signals for auto trading and via email. I'm also providing access to a live trading chatroom where we give education to traders, as well as discussing the positions we're in. All of these are free of charge for concordbay.com customers. We had our first webinar today, contact me for the link as well.
Cheers,
Ivan Labrie Time at Mode FX Analyst at Concord Bay dot com
Order cancelled
⋅
Comment
⋅
Sitting above the mode, still sideways.
Trade active
⋅
Trade closed: stop reached
⋅
Stop reached, I reversed and recovered my loss with a long. ;)
I'm holding my shorts forever, Coach. You gave me CONFIDENCE! (Thumbs Up ^_^ )Thanks
IvanLabrie
⋅
The monthly trend and monthly RESZ confirmation would imply 77.65 by Monday...or else it failed.
It's a short term entry to benefit from the Japanese CPI news.
manijeh.kazemi.33
⋅
Hi jvan what is zoar view on this pair now
IvanLabrie
⋅
Hi, mostly the same, there is a slight retracement but copper and Aussie are fundamentally weak.
If we get any kind of negative move in the Asian theater it'll selloff.
I'm short AUDUSD but out of AUDJPY for now. (I managed to get to break even after being stopped luckily).
And yours?
IvanLabrie
⋅
All timeframes align!
KevinSinghDhaliwal
⋅
Hi Ivan, I have same opinion at the moment. Good Luck