Price pushed up and stopped almost to the tick... Wave B initiated. I think we will meander here for the day until Bulls give up. Bears will be very wary of 141 now that price shot up away from it. Perfect time to go sub 141. Target Wave B 140. ...

USD/JPY Discussion

Approaching key area before big news. Possible bear trap ahead.

USD/JPY Discussion

Kablewii My Sunday coffee fueled outlook. We have yet to break the lower "head" or extremes channel, So overall still bullish, and possibly still in wave 3. (144.6 - .8) - (143.6- .8) will tell us if this is a continuing wave three, or; if it stops ...

USD/JPY Discussion

This is the Yen. We have yet to hit that 100%, so anything here I believe to be noise until then. We are close though, which is why I am aiming for next week. The week after that is FOMC who has pushed the dollar up making us due for a correction. ...

USD/JPY Discussion

If so this would be the place IMO. Remember I have been touting another leg up for a while, and we never saw any significant drop.. until now. Nice three legs down correction on the 4hr... we will know for sure if/when price clears that light green ...

USD/JPY Discussion

7am EST.... the last leg up began. I am looking for it to last until next Thursday 9pm. Unless we reach 145 before then. IMO that is.

USD/JPY Discussion

I do hate being wrong, but love it even more when I figure it out without losing money.

USD/JPY Discussion

Well.. Good Morning UJ. I see you have been busy. Approaching news on highs though.. not a good sign..

USD/JPY Discussion

I am still bearish but waiting. My test trade blew. Looking at my chart I show yet another leg up coming before this gets sold. Perhaps they will take the hint from Tuesday's news. Done buying for now though. Will sell EJ until UJ catches up.

USD/JPY Discussion

IMO If we break the green box though? OOOHHH mama! trap set 140.55 sl open for now image

USD/JPY Discussion

I am bearish and will remain so until 9/15. (remember the last 10 day retracement?) Then bullish to 147.

USD/JPY Discussion

A few. Non Farm report is on deck though.. so I am waiting on that. Approaching a report on highs usually doesn't bode well...

USD/JPY Discussion

Me 2. Long target hit to the tick almost. Ignore the indi. I was doing some experimentation. image

USD/JPY Discussion

Bears??? Daily charts UJ Flat past two days image DXY On the move south slightly image YEN Flat past two days. image So it appears we are still being moved by the Yen, and not the Dollar. Perhaps that's why we aren't rocketing around on the news.

USD/JPY Discussion

As Bearish as this UJ appears.... Bitcoin image With that said though. The Yen looks to have awakened a bit. Albeit not having hit the 100% extension. So it looks to be offering some reprieve.

USD/JPY Discussion

Head and shoulders patterns are IMO rudimentary at best. FYI.. the Head and shoulders pattern is just a consolidation pattern off of a wave 5 high being confirmed. However in Elliot waves the confirmation comes at the shoulder and not the neck. All ...

USD/JPY Discussion

My 2 cents... I am bullish, but not too far. My reasoning is this. We had CPI news come out. This is represented by the engulfing red candle on the screen. To me this signifies the beginning of the end. Now what I think happened in this candle is ...

USD/JPY Discussion

Muted response. By now one would think the dollar would be the dominant one.

USD/JPY Discussion

News in 20 and we are at the bottom of the channel. This could go long. Which is good. We will finally be done buying the dollar. image

USD/JPY Discussion

6:24 PM EST. My chart is looking alot like it did before the last drop. We have GDP news tomorrow 8:30 am EST. Much as we did on the 22nd. That drop started at 8:30 PM the night before. Let's see if they telegraph the news once again shall we?

USD/JPY Discussion