That's where I plan to take profit and possibly reverse my trade. But let's see the price action...

USD/JPY Discussion

Since couldn't get into the long. Short at 118.79. Will take a small profit!

USD/JPY Discussion

if it doesn't break 118.91-92 in the hr... just have to watch out... Else good place to exit long trade perhaps

USD/JPY Discussion

Just came back from lunch.. so not in trade. Looks like its getting there... 118.85+ area

USD/JPY Discussion

Lunch time for me... Good luck guys! Go get some PIPS!

USD/JPY Discussion

Hmm.. on H4, the 118.50 is at *correction 38.2%* Fib using Low and High Fractal. From Stochs, there seems to be some more movement down... No trade for Long I think *Yet*

USD/JPY Discussion

Although, I don't quite like how the H4 charts are looking!

USD/JPY Discussion

I smell a Long opportunity coming..

USD/JPY Discussion

Nice. Was at work while this happened. Only thing .. I wasn't available to catch this.... Hope you held all the way to your TP

USD/JPY Discussion

Just to add... 116.35 and 115.30 are now in the pipeline to support the down-move on the daily chart as Fibo extensions.... *Edit* the thing holding the 117.60 level is the 72% on the weekly chart, will that hold... hmmm not too sure

USD/JPY Discussion

Wow.. back from lunch.. and this happens... Ok.. gotta go re-look at my indicators...and plan for entry.

USD/JPY Discussion

Looks ok, but gotta consider getting out if it doesn't get there in the next 3 X 15min bars...or about an hour... my thots.. I thinking on the reverse... short at about 118.90 area as well.

USD/JPY Discussion

From my readings, 4H chart for UJ has got a uptrend move. But don't be surprised it might spend a couple of bars in the low 119 to 118.70ish zone... to stay bullish...

USD/JPY Discussion

Short at 119.48 and 38... Now out ... NICE profit!

USD/JPY Discussion

Err... in this case, look back at the 1HR chart.. you see a couple of highs failing to go beyond 119.30. Based on Fib extensions, the current move is poised to hit 119.60 area. But resistance is important...

USD/JPY Discussion

Gotta wait for maybe another 1 or 2 HR bars. If the 118.70 level doesn't give, then go down to the 15min for a decent entry. Needs to try break the 119.30 this time...

USD/JPY Discussion

Rise and shine, missed some of the action... (had to sleep.. in asian timezone) 1H Chart and Stoch show that it still needs to spend a bit more time in the retrace for further upward movement... just sit back and observe... Target area is 118.80 ...

USD/JPY Discussion

"Telling myself" - Hang on.. Hang on.. no trade yet... If it doesn't break 118.75-80 in the 2-3 Hour bars.. time to SHORT again...

USD/JPY Discussion

* Gulp * My signals were right about the move down (I didn't catch the up one which Dove saw). Got out too early... but then Pips in the pocket is worth more than all the pips out there... Grrghhh...

USD/JPY Discussion

Using Fibo retrace is very subjective sometimes. I mainly use it against Fractal Points And on the 15min, retrace still looks like it's in action and should target 118.70 area for 50%, and on the 1H, it just hit the 38.2% at 118.75 for the move up. ...

USD/JPY Discussion