DOn't bother .. i got it in your earlier charts ... it's a retracement value right ?

USD/JPY Discussion

Quoting albchr On weekly - (mine closes 2 hours into Sunday night ) we have a near perfect hit and rejection of the last major swing's 161.8 extension. Again a good sign. If the pattern holds by the ratio (they do more often than not) ...

USD/JPY Discussion

Thank you ... do u usually trade once price enters the cloud? or wait for a break out of it?

USD/JPY Discussion

Dear Albchr, Good analysis as usual. we have almost similar targets. Can you please post your analysis with fib and targets on the chart, There seems to be difference in targets. I just want to compare your fibs with mine and to see how ...

USD/JPY Discussion

check this weekly performance of the major currencies. If you notice, Jpy is the best performer in the week and cad is the worst. Now take a chart of cadjpy or gbp/jpy and check it. you will have a good edge as to which yen pair to trade. Now ...

USD/JPY Discussion

Appreciate if you can you please put a chart up. I'd love to see other technical analysis as well.. Reading is no fun. Picture speaks 1000 words.Thanks

USD/JPY Discussion

ooops, forgot to mention that the previous technical analysis is my 2 cent view. please take it with some grains of salt. Trade safe and put your SL in place. It's not a carved or etched in stone stuff. I could be completely wrong and the big boys ...

USD/JPY Discussion

Since Uj has broken the low.. Here is my technical view: we have seen a major waver 1 and was looking for a retracement in wave 2. The best confirmation that the wave 2 completion is the break of low of the 1st wave. Now since the 1st wave low is ...

USD/JPY Discussion

Folks, Good morning . Just read all the previous posts and that has made me write these few lines. Gj has broken the low. EJ has broken the low and now UJ has broken the low. For me it's a confirmed bear trend. I have sold my first small position on ...

USD/JPY Discussion

GJ has broken the low... EU is climbing .. Jpy seems to be the most powerful currency at the moment. Pity UJ didn't go to my entry level. It looks like Uj just might break the low. If it does, i will post a chart with the count.

USD/JPY Discussion

You got in at a good price. Sl to break even or +2 . don't let winners become loser. I am flat coz i hate these retracements. they have a lot of volatility. I will sell on top as per the charts mentioned before.

USD/JPY Discussion

Thanks Sunsilk. the points you stated are appreciated. In my view, Elliot wave is a leading way to forecast forward price movements which is why i adopted it. It's working for me big time, so i prefer going with it until proven wrong besides i am ...

USD/JPY Discussion

Folks, So Shinzo won with a landslide victory but price didn't do much. In fact, instead of drastic bull movement as predicted by bulls, price actually went down after the open. My view still intact, the only change is that the b wave became a lot ...

USD/JPY Discussion

My 2 cents worth forecast for Eur/usd medium term is 1.3025.

USD/JPY Discussion

The comments section is very funny!!! Thanks

USD/JPY Discussion

My focus is mainly on Us dollar index(dxy) and all related major pairs which do not have a lot of dependencies on other factors. So i am bullish on EU. GU has to break out of a range so i am ignoring it for the moment. Bearish on Usd/CHF and ...

USD/JPY Discussion

Neither .... In my case i give importance to Elliot waves, Fibs, S&D and Candle stick patterns . That's all what matters . Put your TP and SL. Check the charts every 4 hours, have an occasional Beer, go fishing and live life ( btw 4th waves are ...

USD/JPY Discussion

I am flat in my live account. Standing aside until i see the opening price . The account you see is a $200,000 demo account with Alpari and sometimes i use GCI Mt4 demo as well where i am doing a test of EA with relative currency strength. I am ...

USD/JPY Discussion

That would be difficult for me at times because sometimes my technical analysis gives me a direction but fundamentals tells opposite. for this instance. I am more biased short in my technical view but election result can boost the price up, so i ...

USD/JPY Discussion

Silliest and moronic may be in your view. I see it differently. I only believe in technical trading with a 2% of news reading thrown in. I have my SL in place for any news driven volatility and i have been quite successful so far. So i don't want to ...

USD/JPY Discussion