“Be patient and wait for the fat pitch.” -James Montier As fun as trends are to trade, they are rarer than many would like to admit. The number that often floats around with traders is that markets only trend about a 1/3 of the time. In other words, 2/3rds of the time, markets are in a correctionary pattern, an Elliott Wave term, or are ranging before their next breakout either higher or lower. Today’s article is going to discuss how a multitude of JPY crosses like USDJPY, EURJPY, GBPJPY, and others are starting to show bullish signs again. Our preference for viewing an overall shift is Ichimoku which incorporates a ... (full story)