Trading with Fib and Fork

Need price to get above 18482 before looking for longs

should have traded USDJPY

Dow 1h we finally got the correction expecting a retrace towards C

Looks like a bottoming process maybe H&S might go long here on a bullish reversal, Yens still on a tear tho so maybe not

Dow long its a specific chart pattern forget the name. Last trade tight stop if stopped will end the day flat, difficult day for me

I moved my stop down slightly to below horizontal support and 76% Fib of AB, keeping me in the trade for now. Targets 1.217 ext of AB

USDJPY Countertrend trade anyone?

Dow 1H PA has given us 3 nice pivots for a bearish fork (still in the trade)

PPT to the rescue? a bit late the Dow is going to end the day a curious non-green colour, that will confuse a few algos

Closed for 15 pips Thats me done for the day, rubbish day for me

Dow 1H. Expectation going forward:

This is the pattern I traded earlier (Target was hit)

Dow 5 min possible fork for retracement 80% probability price will hit upper parallel tho Im done trading for today

I think I prefer this fork Dow 5 the channel is the same slope as the major weekly fork

Goodluck everyone

I have been looking for an FX pair to trade along side the Dow for a while I may trade USDJPY just due to the high correlation, Yesterday during the fall of the Dow the move was so swift it was impossible for me to get in on a trade whereas there where 3 good opportunities in USDJPY plus the spread is lower as is initial margin. If I trade them both I can choose what I think is the best set up. Overlaying USDJPY(red line) over the Dow 5 min you can see the correlation you can also see that USDJPY is far less volatile and I think my style of trading will benefit with lower volatility, so I will give it a try

From COT: large specs are net long and the Yen is, to me at least, obviously bullish

USDJPY D pretty obvious what is going on here and impulse legs are far easier to trade than corrections

Dow 1H target for this move would be D also the median line

I certainly expect Price to fall back into the Channel created by the sliding parallels of the Highs and Lows of Price within the Fork