RobTaylorForex

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About me Forex Scalper, options trader, Real Estate Agent, and music producer.
Joined Canada Robtaylorforex
Markets Allocation
100 % forex
Top Mentioned Symbols
FX:USDJPY 50% | 2 FX_IDC:USDJPY 50% | 2
RobTaylorForex RobTaylorForex USDJPY, 120, Short ,
USDJPY: UJ Inverse Cup and Handle? (x2)
31 0 3
USDJPY, 120 Short
UJ Inverse Cup and Handle? (x2)

Could be some good downside here if in fact one of these completes and we see a downside breakout.

RobTaylorForex RobTaylorForex USDJPY, 60, Short ,
USDJPY: UJ H&S Many...
46 0 1
USDJPY, 60 Short
UJ H&S Many...

Looks like we could potentially see a good drop here from numerous different angles. There is also a reverse Cup and Handle potentially in play.

RobTaylorForex RobTaylorForex USDJPY, 240, Short ,
USDJPY: USDJPY BIG Head and Shoulders potential.
2014 7 6
USDJPY, 240 Short
USDJPY BIG Head and Shoulders potential.

This is evident on the Daily TF as well. If the price makes it back to the neckline, I truly feel this will be a make or break level for the pair... If price breaks below the neckline I will be scalping short but very cautious of bounces as we have seen lots of buyers around this level. I do believe this will at least make it to the neckline. The peak of the ...

RobTaylorForex RobTaylorForex USDJPY, 30, Short ,
USDJPY: USDJPY Head and shoulders short
169 6 3
USDJPY, 30 Short
USDJPY Head and shoulders short

Taking a short trade here, have entered at 118.90 and target is about 118.00, distance from top of head to neckline. Placing a tight stop just above 119,00 as I feel it invalidates trade if price moves above that. Also interesting, the right shoulder itself was a head and shoulders pattern that completed, with a drop equal distance from the head to neckline. ...

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