FX:USDJPY   U.S. Dollar / Japanese Yen
117 9 6
110.500 area shows good resistance. sl 35 pips at 110.850 or just enter at the break of the 50 ema for a conservative entry
Comment: seems resistance was met a lvl over
Comment: we can see how prices broke out and came down and retested resistance of the andrews pitchfork i drew out.
time for a reversal??
You were the 0ne who made me second guess my analysis:( why would you predict something like this when all of the indicators were in the green? I mean Bullish Candles on every time-frame. Most of the time the market is going up/down on Sunday's so, when you posted that prediction I thought maybe more analysis would be smart considering I just jumped into the trade off of my prediction without having a real set plan. I was able to chop some profits but would have been more profitable if had road the ride all the way up smh
I know, "trade your plan"! I slipped:)
hahahaa sorry to hear that. i said wathc carefully the 110.500 area. you shouldve done exactly that if you saw bull momentum there and no resistance than you were good to buy. i do not use much indicators. i was going for a 2618 but it went up to a 78.6 oo well it dont matter . if you know your overall right then follow through with your plans and trade your plan.
follow my ideas and im sure youll find more valuable material than that that doesnt work out
My number 0ne rule is to follow no one! Someone might hence, throw me off track but I follow myself lol
now do you see why i predicted this? exact level was wrong but the drop did happen. price action tells me. no need for indicators
Long term of course but I'm a scalper so, I knew it was just a matter of time before it dropped, just not the time you had stated:)
oo lol cmon its a 4hr chart you cant base your scalping on this. tbh my live trades are done with a scalping strategy i have and my analysis published are more long term direcctional bias for my scalping and once in a while i trade them live if r/r is optimal
Yes you can and yes I do! I use all the time-frames for analysis:) I'm trying to master long/short-term(including scalping). I'm naturally a scalper as I realized you can stay out the market with good profit if have a good size account.
sl was hit. ooh well on to the next :)
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