FX:USDJPY   U.S. Dollar/Japanese Yen
311 17 15
Measured Move Target Met....

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Comment: Eyes glued on JPY INDEX. If this becomes a top.........
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Comment: This would be great to see ;)
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A question if I may, why with faiding oil the JPY should go down? Thank you in advance, Harilaos
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I'm sorry I do not have the answer. I'm not gud at playing correlations, harilaos. For my style of trading.....I prefer to look at each chart on its own merits. I found tis the healthiest for my heart. And for the happiness of my family- my wife and two kids ;)
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harilaos moorekapital
congratulations for the wife and the kids, have a nice trading day, Harilaos
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Thanks, mate ;)
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I'd reccomend against longs here, better more productive things to do, since with falling oil, this could continue the decline to 102.
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moorekapital IvanLabrie
Thanks a lot!. JAPANESE FUTURES
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moorekapital moorekapital
The index nears critical juncture. Watching PRICE ACTION here on......
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IvanLabrie PRO moorekapital
Yen, that's the same as 1/usdjpy or jpyusd.
Let's see what it does, but just a heads up of what I see. The yen is driven by the carry trades, and by BOJ intervention and reaction to it.
Right now, with falling oil, it could continue down with rather high probability, or it could go sideways for a while.
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moorekapital IvanLabrie
NIKKEI225  
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IvanLabrie PRO moorekapital
Ah Nikkei, yeah. They'll try to rescue it, and they have been tossing out fake bs news to boost oil today, but it won't do much...specially after the oil inventories news later today. I see it all coming down, oil, Nikkei, USDCAD up, USDJPY down.
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