Here is a thread I started a while ago. A week ago I figured usdjpy was gonna drop about 400 pips.
http://www.forexfactory.com/showthre...57#post8821957
http://www.forexfactory.com/showthre...57#post8821957
JOHN 3:16
VennD - Any Pairs - Any Style - Any Time 740 replies
Location of any Naked MTF analysis threads? 1 reply
Any full time traders here? 0 replies
Disliked{quote} looks interesting - so r u in @ wave 5? ..... were is ur count?Ignored
Disliked{quote} well spotted - not high&tight cause 50% retrace - so just a normal wedgeIgnored
Disliked{quote} Okay thanks! Can you explain the 50% retrace definition?Ignored
Disliked{quote} .... and a rounded top @ wave 5 .... but i dont understand the rules fully ..... the profit projection thru 1-4 is like were did dat come fromIgnored
Disliked{quote} There is some info on this other thread. That is where I learned about Wolf Waves. http://www.forexfactory.com/showthread.php?t=580759Ignored
DislikedHere we go! This could be huuuuuuuge!!!! If the newest candle closes below below the first bull candle of this three strike candle, we will not noly have an almost perfect three-strike bear pattern, but also a break of the flag. As you can see I already entered at the bottom of the flag but if this breaks, I will sure add to that position. This is the type of trade, I'd be willing to place half of my bankroll on! {image} Now I ask you, how many bearish flags do you see here.... more to come? {image} I'd say yes.Ignored