From your posts I conclude that you and I are in some way tapped to "The Force". We are seeing and feeling the same things. Let´s hope we are both correct.

USD/JPY Discussion

This one is easy to hold. Just stand patiently and sell ONLY if the closing price breaks the bottom wall of the channel on the chart I posted this morning (H4). I´ve looked into the future and it just so happens that the bottom wall will be at ...

USD/JPY Discussion

Yes, indeed. Golf is my passion.

USD/JPY Discussion

As you can see on the H4 chart, the bottom wall of the channel has been attacked repeatedly during the past 20 hours to no avail. The wall is holding as well as the RSI trendline which shows another bullish divergence with price. I expect a strong ...

USD/JPY Discussion

Yes. That´s my strategy exactly.

USD/JPY Discussion

Here is the chart. Still looking good. RSI trendline and price channel is still intact. I would have preferred the 200SMA to hold (Blue line) but such is the nature of this beast. It is very volatile indeed. This looks like another opportunity to ...

USD/JPY Discussion

This is why I consider USD/JPY to be a historic opportunity to make a fortune in the next few years: url

USD/JPY Discussion

I agree with you completely. The time to jump in if you´re not in already is right at breakout which is now. You should hold while going up and keep raising your stops below the last major pivot point, while leaving plenty of room for it to move so ...

USD/JPY Discussion

I can´t believe you sold. You said you would hold till 77.30/40, where I mentioned the first minor resistance was found. Well, I´m sorry you missed it. In this game, you must have the courage to follow your convictions. It´s hard to make the big ...

USD/JPY Discussion

You may be right, but I firmly believe in specialization. I concentrate on just 4 items: EUR/USD, USD/JPY, and Gold and S&P500 futures. Those 4 keep me more than busy for the entire day and part of the night. I find that when I stray into other ...

USD/JPY Discussion

I assume you mean the chart by the red and green indicator so here it is. This is the H4 chart. We are attacking the 200SMA again right now. Seven times in the last couple of days. I have a feeling this time it breaks it. Then we need to test it ...

USD/JPY Discussion

That´s exactly right. Today and next week we finally should reap the rewards of our patience.

USD/JPY Discussion

Here is the monthly chart. I use Heikin Ashi candles so they look a little different than yours but here is the point I want to make. I Placed an arrow in the exact spot where the bar for the month of October crosses the wall of the 4+ year long ...

USD/JPY Discussion

Yes. Also the Doji candle we are building for Sept with one day to go is very meaningful on the monthly. especially combined with the third consecutive RSI price divergence on the monthly chart (1st in 11/2009, 2nd in 10/2010 and now in 09/2011). ...

USD/JPY Discussion

Here is the daily chart. I hope to relieve a little bit of your stress. There is clear sailing until we get to the 60EMA which coincides with the spine of the channel at 77.30/40. It may stick there for a day or two, but I think we will clear it and ...

USD/JPY Discussion

Please ignore this message. It was in answer to a PM I received and I posted it to the board instead.

USD/JPY Discussion

Don´t feel bad. Change to the daily chart and you´ll see the explosive nature of this moment. Don´t worry about the pennies. Concentrate on the dollars. The daily chart shows the first meaningful resistance at 77.30. When it gets there I´ll be ...

USD/JPY Discussion

I agree with most of what you say. It takes a long time to turn an ocean liner around and the steep decline from 123 for the past 4 years is a whopper of an ocean liner. Of course you will have many price rejections at points that would begin to ...

USD/JPY Discussion

I agree with your positive assesment, but what are the factors that make you believe that? I would really like to know...

USD/JPY Discussion

On my chart, R1 is at 76.78. R2 is at 76.91.

USD/JPY Discussion