USD / JPY Buy SetUp - WAITING FOR THE FOMC
iT SEEMS LIKE WE HAVE A GREAT OPORTUNITY HERE, WILL GIVE THE INDX AN IMPULSE AS WELL, LETS SEE WHEN THE MARKET START TO MOVE - IT CAN BE AFTER OR BEFORE THE NEWS.
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Swing Wave Approach Developed by author,
This approach can be used by professionals and due to it’s simplicity it can be taught in a much shorter period than other Wave analysis offered on the market.
The main idea behind it is catching a one swing.
And the main use of the current approach is to trade, rather then analysing the long term price movement.
Many feel the market has been heavily suppressed over the past few months, and whilst I would agree, I think it is time for the bull to regain power. If only for a short while.
We have many bullish divergences building on the higher time frames now. MACD divergences on the 3-day and 1-day, along with clear RSI divergences too. This would give us a lovely pop in...