USDJPY : Short with target of 105.56 and 103 for extension

FX:USDJPY   U.S. Dollar/Japanese Yen
Sell this breakout.
Track 4hr.
TG1 : 105.56
TG2 : 103 (Bottom of channel)
Kurodo may intervene at 105
Trade active: Shorted 107.8
Finding Target 1 105.5
Comment: 700+ pips already
I see Intermediate Support at 106.8
Comment: Breaks the Support
106.8. let see More downside.
Comment: SL Moved to B/E
let see what happens in next 4hr candle
Comment: hovering just above support 106.8
Comment: 1000+pips already
Keeps bouncing at 106.800-106.600 Zone.
Breaching of falling wedge suggest side ways movement until any renewed bull/bear interest.
This will break downside 105.5 on the cards.
Another 1000pips
Comment: Dead Cat Bounce. Currency Wars.
Trade closed manually: Stubborn Support. Bouncing Around. Didn't Break.
TP at 106.3. Will Find One more safe entry based on Price Action.
Comment: See Saw. .Tested 0.618 fib. Coud not break. Back to pavillion
Comment: Double Bottom in progress. at best it tries to breach 0.618 fib resistance but most likely it confirms sideways movement and ranged between 106.90 - 106.340
Comment: Breaks Support. heading towards Target 105.5
Comment: Breaks 106. this escalated quickly
Trade closed: target reached: Closed all shorts at 105.6. We have bottomed out.I have other Idea after FOMC
Comment: Thank you all, Who liked my Idea and supported me. Treated me Special. I have received lot of love on TV in very short time. esp. gold chat is very warm to me. Regards to MOD GcNaif.

I hope you've made fortune on this. Do have look on my other ideas and comment your criticism. My charts are not neat as others. I am trying to improve.

Trade closed: target reached: 103.5 .. Well almost 103. lol
same chart with me...
+1 Reply
robus JamesCh
do post it here.. :)
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out