UJ will be looking to get long around 104.50 depending on PA

Trading with Fib and Fork

or

Trading with Fib and Fork

Dow RB possible chart pattern

Trading with Fib and Fork

UJ RB channel (my range bars are set up to mimic a 3 min chart)

Trading with Fib and Fork

UJ 1H now in retracement, stalling at ML. We got consumer confidence numbers out of US in 15 mins staying out for now

Trading with Fib and Fork

Dow 1H price abiding by major Fork parallels

Trading with Fib and Fork

The US has come out buying dragging up USDJPY I closed my UJ short for -7

Trading with Fib and Fork

UJ 5 min Short due to sliding parallel resistance. Target also sliding parallel

Trading with Fib and Fork

Dow 5 min possibly a chance to get short at C

Trading with Fib and Fork

UJ Initial resistance at the 50 Fib of AB

Trading with Fib and Fork

There's some validation for this fork on USDJPY 15min

Trading with Fib and Fork

I certainly expect Price to fall back into the Channel created by the sliding parallels of the Highs and Lows of Price within the Fork

Trading with Fib and Fork

Dow 1H target for this move would be D also the median line

Trading with Fib and Fork

USDJPY D pretty obvious what is going on here and impulse legs are far easier to trade than corrections

Trading with Fib and Fork

From COT: large specs are net long and the Yen is, to me at least, obviously bullish

Trading with Fib and Fork

I have been looking for an FX pair to trade along side the Dow for a while I may trade USDJPY just due to the high correlation, Yesterday during the fall of the Dow the move was so swift it was impossible for me to get in on a trade whereas there ...

Trading with Fib and Fork

I think I prefer this fork Dow 5 the channel is the same slope as the major weekly fork

Trading with Fib and Fork

Dow 5 min possible fork for retracement 80% probability price will hit upper parallel tho Im done trading for today

Trading with Fib and Fork

This is the pattern I traded earlier (Target was hit)

Trading with Fib and Fork

Dow 1H. Expectation going forward:

Trading with Fib and Fork