We are in agreement! I got my target by drawing a fib on the gap. Shows a return to the 27% which is right at a previous area or SR. This is something new I am trying @gapfibs. Let's see what comes of it. image

USD/JPY Discussion

We are in agreement! I got my target by drawing a fib on the gap. Shows a return to the 27% which is right at a previous area or SR. This is something new I am trying @gapfibs. Let's see what comes of it. image

Harmonic trading-harmonic patterns

Opened up with a gap. Possible Gap close, and then continuation. The rule as I learned it is that gaps are over exuberant moves. that are also the correct bias. So the gaps close, and then price continues in the direction of the gap... Closing ...

USD/JPY Discussion

We had 10 WEEKS of continuous highs in the major markets. Bears are hangry! If we break the 61 convincingly we could 106.6. The daily wick already explored it. image If that breaks, we may finally get that 104.6 image image image Bad trade ...

USD/JPY Discussion

Vix appears to have hit support. Notice the gap down. Started at 13.5. The same 13.13.5 that signaled the move down. If support holds and it returns to 13.5 The next leg down will begin. Upon the morrow I believe . . The VIX is a volatility chart.. ...

USD/JPY Discussion

This seems a bit aggressive. IF so though... yum

USD/JPY Discussion

If this holds.... image Retest? image 13.5 touch may signal uj descent image Yep... image

USD/JPY Discussion

Possible bounce off of 109.2? Either way I think 112 area is on deck for new years. We are just one trade twit away lol image

USD/JPY Discussion

109.6 Closing near highs imo. back down next week when dow and snp move off highs. Unless they come off highs, or vix excedes 13 level. Both appear to be holding. image lol moved as i was copying image image

USD/JPY Discussion

The best laid plans spoiled by a twit.

USD/JPY Discussion

The last Fed statement was on Oct 30. The market shot up a bit as sellers got on board. Then made it's way down and continued to through the next day's news to then go sideways until that Friday when good news came out, and the market made it's way ...

USD/JPY Discussion

Bears? Perhaps 3:15pm EST will tell the tale.. Looking good though... Just need to clear 108.4 and hold. I think we will be bearish through Friday, and then the good tariff news will satisfy the Bullish prerogative.

USD/JPY Discussion

I think we will hit 107.8 before heading upwards to the 110 111 area.

USD/JPY Discussion

IMO the only thing that you are doing wrong is not exhibiting patience...

Daily Trading Ideas

Never good when the guy offering signals is asking others if he can copy their trades... Just saying.

USD/JPY Discussion

107.8?

USD/JPY Discussion

Indicator names?

Daily Trading Ideas

The longs still smell cheesy to me. I could be wrong, but I am still waiting for it to at least touch 108. Possible bearish shark on the 15m.

USD/JPY Discussion

Under this premise we are looking at a 10 year Bear trend dropping back to 18K? Ouch! If Djia drops to 18K USD/JPY could see that 98 being a reality once again.

The end of the US stock market is nearing