Ptournis,
The usd/jpy in my weekly chart shows the 10/15 and 10/22 bars closing lower than the 10/8 bar but the 10/29 closed 48 pips higher. Am I incorrect in considering this as a retracement? My interpretation is that the uptrend that started back on 6/4 remains active. Then when I go back to the daily chart I see that the Fozzy and the rest of my confirmations posted before tell me to go long. What do you think?
On the aud/jpy I can't tell you what I see because for some reason I can not get a clear chart from my server. By the way, thanks for comments....it helps me by questioning my own reasoning.
The usd/jpy in my weekly chart shows the 10/15 and 10/22 bars closing lower than the 10/8 bar but the 10/29 closed 48 pips higher. Am I incorrect in considering this as a retracement? My interpretation is that the uptrend that started back on 6/4 remains active. Then when I go back to the daily chart I see that the Fozzy and the rest of my confirmations posted before tell me to go long. What do you think?
On the aud/jpy I can't tell you what I see because for some reason I can not get a clear chart from my server. By the way, thanks for comments....it helps me by questioning my own reasoning.
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