Idea for U/J next week Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jan 4, 2014 10:58 PM

In this analysis, I evaluate Nikkei225 will fall down next week.
tradingview.com/v/J1jCYIS2/
Like I said, Nikkei 225 has a strong correlation with USDJPY, so if Nikkei225 falls down, USDJPY will fall down too.

My target is 104 level, stop loss at 105.53

85 pips from current price.

Comments

Chartreader

⋅ Jan 24, 2014 2:34 AM

buying opportunities guys. It may reach around 105 in the coming weeks.

Sforex

⋅ Jan 7, 2014 5:11 AM

Broke 104 level: Win 85 pips.

Chartreader

⋅ Jan 10, 2014 4:21 AM

Now I expect USD to fall from 104.8, let the consolidation be finished.

AncientM

⋅ Jan 14, 2014 10:40 AM

What a forecast I made! lol...

AncientM

⋅ Jan 14, 2014 10:40 AM

Sorry, you made Chartreader. I wish I could sell then!

Chartreader

⋅ Jan 14, 2014 11:17 AM

Congratulations to myself Ancient. Cheers

Wu_Xin_Chang

⋅ Jan 5, 2014 9:13 AM

sorry my email is jingchuruchu@hotmail.com

Wu_Xin_Chang

⋅ Jan 5, 2014 9:08 AM

so you think the trend will be down? i want make friend with you ,can i ? my email is jingruchuru@hotmail.com

Chartreader

⋅ Jan 5, 2014 4:40 AM

Dont you think that the last candle signaling a bullish trend?

Sforex

⋅ Jan 5, 2014 4:44 AM

Hammer is not a strong BUY signal. If you check Stoc Indicator, you will also see the SELL signal. You should check FA to confirm any TA signal.