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    • dbutton1990 replied Nov 17, 2014

      I think there is a good chance we will see 117 again. If we don't get an hourly close above it, then I would short....80% of the time the market will go and test a formation...in this case the formation is a evening star on the 4 hour. Things to ...

      USD/JPY Discussion
    • dbutton1990 replied Nov 17, 2014

      Had a stop/reverse order at 116.20...looks like you were right about the .618 bounce...with Japan's economy not doing so hot, expect another big announcement from BOJ's emergency meeting tomorrow. I would look for 120 by the end of the week!

      USD/JPY Discussion
    • dbutton1990 replied Nov 14, 2014

      Just hit the .382 retracement level on the new one hour fibonacci....as expected the resistance level was hit, I thought it would plow right through it because it's a minor one, but I guess not .....118 is the next target after this retrace is ...

      USD/JPY Discussion
    • dbutton1990 replied Nov 14, 2014

      I can tell you personally that I learned the hard way about trading against the trend. Thinking oh this is it, it wont go any higher then this. And then bam! Margin call. Trade with the trend. If you think its going to reverse wait for a trendline ...

      USD/JPY Discussion