Im thinking the Bulls will be turning to work the Yen here shortly. They got on the Pound-Yen first and the techinacals really showed that to me a few days prior.
Now, It looks like the EUR/JPY will be next with a tagalong by CHF/JPY. I believe once these in motion the USD/JPY will come on and come on the hardest. I have longs with TP @ 102.5 and Sell limits @ 102.7. Big surprise there huh? Hey if it wants to keep bouncing off the guard rails back and forth over to the other side again and again play it that way. A week ago I found LOTS of Cypher patterns but not seem to find any lately. AB=CD more than anything so roll with it.
As for the negative pips in my lower left box, that came from foolishly trading when life was and should have been more important. I will prevail
Tim
Now, It looks like the EUR/JPY will be next with a tagalong by CHF/JPY. I believe once these in motion the USD/JPY will come on and come on the hardest. I have longs with TP @ 102.5 and Sell limits @ 102.7. Big surprise there huh? Hey if it wants to keep bouncing off the guard rails back and forth over to the other side again and again play it that way. A week ago I found LOTS of Cypher patterns but not seem to find any lately. AB=CD more than anything so roll with it.
As for the negative pips in my lower left box, that came from foolishly trading when life was and should have been more important. I will prevail
Tim