Been trading and tracking this one for some time. Very choppy waters with 100 pip+ swings as per usual with anything JPY related.....
Anyway, I am still waiting a good breakout and price to take on for a big monster move further down.
Key eco reports due the rest of this week should be the spark we need for it.
All I really need to see is that angled support bar...
Fresh analysis from me.
So many times lately there have been some very nasty "pros" who seem to think making others feel small is what TV is all about.
For me I come here to share and learn, not to be made to feel like my trades or ideas are anything less worthy than someone else. The chat especially is a nightmare with so much ego and crap spouting from mods...
Still got tickets to the moon? Awesome because we are going there.
We saw a EUR based holiday today enabling this price to simmer down some, but with a strong pattern hold and great reports to come my opinion is of a LONG position making big profit here.
Personally LONG from 113 and with a TP at 114.7
Good luck ;)
Awhoooooooooooooooooooooooooooo!
Are you ready for a trip to the Green moon? Yes?! Fantastic!
Slap on your calls and give yourself plenty of margin room for choppy water, this ride may be very bumpy!
However I firmly stick by my view and trade that i am holding long for the next couple of weeks here.
It's long until it isn't! ;)
Trading heavily on EURJPY right now.
USDJPY also an option howerver technical analysis here matching up something lovely!
Fib wedge and a clear trend channel line touch to chase after.
Going and have gone yesterday very LONG here.
Lets make profits
It is about time us Bears got together and smashed this cheeky bugger off the worlds top spot.
As you can see here we have combined waves of tightening wedge formation on the chart.
We also have some strong fundamental key events to help drive emotions and stretch budgets.
The cloud of short interest is growing and if we slam hard come NFP we will be able to see...
So USDJPY has been grinding down the price levels for some time now, here is a simple profitable set up for a further short scenario.
Take a Short from here and hold. 101 is my personal target profit take and I suggest if you follow that you do the same. My stop is set at 106.600
Time duration of the trade I would expect to be no longer than two weeks at most....
A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch.
End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes.
Best...
Simple scalping should work best in current market conditions. EURUSD specifically due to the current political and economic climate is set to have the largest opportunities for short term scalping from all major asset pairs.
If you are tired of not gaining the results you need get in touch - Investment management for profit is what we do.
What a journey!!!
I have sweated and bled trading up the levels on the SPX500 in recent weeks. Fortunately my personal view and analysis set me up for the strongest positions possible. Taking long profits all the way to 2140 but that is where I am drawing theline.
Could we have a further higher level of historical price? Yes. Can I tell the future? No. Please...
