Wow, it does look nasty when you alternate time scales (20min-30min-1h-2h) - they all point in different directions. Looks like a dead night till the flood of news in the morning... (Too bad I can't sleep yet - have to close EUR/GBP short :-) I know ...

USD/JPY Discussion

Dove, when you say out of sync, do you mean opposite trends on different timescales? For example, right now it looks like 20-min chart indicators have almost crossed for a move down, but 1-hour is starting to turn for a crossing upward.

USD/JPY Discussion

Nah, Dove's telling everyone what not to do :-)

USD/JPY Discussion

Looks to me like the daily PP is about to be broken, 115.07 is next

USD/JPY Discussion

R3 - 117.06 R2 - 116.27 R1 - 115.67 Central - 115.07 PP - 114.88 S1 - 114.28 S2 - 113.49 S3 - 112.89

USD/JPY Discussion

This is the best thing about Forex!!! Otherwise we wouldn't have any days off. My wife loves it too

USD/JPY Discussion

In my opinion, technical analysis is no good without monitoring fundamentals and unexpected news. The best entry time is when fundamentals and technicals agree.

USD/JPY Discussion

If it comes that low (115.45) would be a good point for long entry. Usually, at the end of holiday sessions price returns to where it was before. Plus, it looks very reluctant to break 115.75 down.

USD/JPY Discussion

Will go long at 115.73 if market lets me :-)

USD/JPY Discussion

phew... Now it's moving in right direction. Long since 115.63, sold 115.8

USD/JPY Discussion

closed at 115.71 (below pivot point), looking for another bottom

USD/JPY Discussion

When this bearish speculation gets exhausted it still should go north. I am starting to go long on AUD/JPY; long USD/JPY since 115.52

USD/JPY Discussion

I hope there is nothing left to unwind :-)

USD/JPY Discussion

115.97, tried to add at 115.8, it fell 2 pips short. On a brighter note, closed AUD/JPY at 95.499, +165 pips (but very small lot )

USD/JPY Discussion

Beautiful breakout! Closed long at 116.28, will look to go long around 116.10 - 116.00 again

USD/JPY Discussion

I don't think too high before the swarm of morning news and Bernanke speech. But this week closing will be spectacular :-)

USD/JPY Discussion

I agree, Pipvalhalla, but if it breaks south (as it's trying now) I'll wait to add long at the daily pivot point

USD/JPY Discussion

5-minute chart shows a nice triangle up I am long since 115.97, TP at R1-10 Better yet, long on AUD/JPY :-)

USD/JPY Discussion

I see inverted head-and-shoulders formations everywhere on 1-Hour charts - EUR/USD, AUD/USD, AUD/JPY, USD/JPY, etc... Looks like after tomorrow news and Bernanke's speech we'll have bullish breakouts across the board, imho.

EURUSD

Why down? There are inverted head-and shoulders formations all over the place (USD/JPY, AUD/USD, AUD/JPY) on 1-Hour charts. This has to shoot up - if not now, right after Bernanke speech tomorrow. Investing in 0% yen is like putting cash on the ...

USD/JPY Discussion