All timeframes overall bullish, but trend has to change on 4hr before it can on daily, weekly, monthly. As a bull I just don't like how we make a new weekly high, but now falling back to opening price for the week. Next 1.5 hours are pretty ...

USD/JPY Discussion

4hr doesn't look nice for buyers.

USD/JPY Discussion

Well we've broken the 61.8% daily retrace already (still above last week's highs). May be another slow session.

USD/JPY Discussion

That was an interesting closing 2 hours. I think anyone long under 101.50 is golden next 24 hrs.

USD/JPY Discussion

Can't believe I didn't pull the trigger at the low. Buy it while it's hot.

USD/JPY Discussion

Wow. That is how you know its going lower.

AUD/USD

This is a chart that supports a logical bullish outlook on Yen. However, if you look at the price action we have been "testing" this major resistance for a long time. I believe if U/J was destined to go down, it would have gone down already. Instead ...

USD/JPY Discussion

I'd disagree and say that any pattern/setup that works on 4hr chart will work on weekly & monthly. For next week I believe we will see another new high, the better question is how much retrace can we expect? U/J hasn't been able to put together 3 ...

USD/JPY Discussion

I think it is logical to have a longer term bullish outlook for Yen when looking at the 40 years of trend. However the price action does not currently support that opinion so being short right now is not logical (good thing you're only half short). ...

USD/JPY Discussion

Good point there. Right around this time was the beginning of the move from 80 to 100.

USD/JPY Discussion

That chart you posted is more than enough. That is the chart that the banks & hedge funds make their decisions on. That is the only chart that matters right now.

USD/JPY Discussion

1hr chart is stalled out a bit and on 4hr chart price retraced past previous candle 61.8% retrace. Momentum slowdown, but not ready to say reversal.

USD/JPY Discussion

Not much resistance on my charts. Here is what my 4hr and 5min charts look like. I don't trade price targets, but if I had to guess, we top out at 101.89 this week.

USD/JPY Discussion

Closing the daily candle at its highs. We are now above monthly September high of 100.61. 4hr chart seems to be marching. Possible we see 102 before we see 101 again.

USD/JPY Discussion

Nice close on my 4hr candle, above 101. I think 100.95 is the next 4hr candles lowest possible price.

USD/JPY Discussion

Well if you believe this is the true breakout you want to be exposed long as much as possible right now, at least until daily close in less than 6 hours. Judgement can always change based on 4hr chart (which mine closes in 1hr 40mins). Aggressive ...

USD/JPY Discussion

Trading under 101 right now. I think you have to get it while you can at these levels.

USD/JPY Discussion

U/J weekly and monthly charts looking extremely healthy. Healthy sized retracements for each, now trading at weekly/monthly highs. Short term the next 15 mins are very important to close up the 4hr candle. Big upper wick = maybe some strong ...

USD/JPY Discussion

Pushing into last week's high with some momentum.

USD/JPY Discussion

4hr lookin pretty nice right now.

USD/JPY Discussion