this is what i see in the near term
Don't Worry Be Happy
USD/JPY Discussion 12 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
Disliked{quote} you can draw all kinds of lines on the chart but which one is correct? which line will tell the future? which line will the price follow?Ignored
Disliked{quote} I don't know if the answer is a question, but I want to answer it in English as easily as possible. I observe price action when the price goes up to the support line and resistance line. For example, in the 4H image of USD / JPY attached to me, the current price is falling. In my indicator, 118.000 is drawn as a support line. When the price has changed to that point, we have drawn options based on what price action to take. If it rises, I think that it will rise if I put a double bottom, and if it falls, I think that the past support line...Ignored
DislikedHere is how I am trading the USD/JPY in the week ahead, https://www.youtube.com/watch?v=t-O9JR_LSM0&t=209sIgnored
Disliked{quote} As expected. The S&P500 hit it's all time high last week. This week true to form the Dow lagging behind needed it's new record high achieved. Once that is done IMO we will continue down. This also serves as a good way to shake off timid Bears, or engage overzealous Bulls. 108.45 area should squelch this uprising and send us on our proper way. The S&P highs usually form the UJ crown. Dow highs the shoulders (retracement) from my observation.Ignored
Disliked{quote} I was just coming back to edit my post. 108.8 may see a hit. I am in a small position at 108.56, and will stack more as the high of 108.6 is confirmed.Ignored