After NFP... — Is USD ignoring "the most telling economic indicator, or will it also continue ignoring it for the next coming months? Dispelling the Myths of Summer "On Thursday morning, the Labor Department will release the latest ...

USD/JPY Discussion

After confirming that USD/JPY had been stalling at around fibo 61.8, I entered short @ 106.74. The initial target is the Kijun line area, 106.22.

USD/JPY Discussion

I'm located in Japan. No problem at this moment. Based on the information provided by other members, that problem must be happening, depending on where you are located.

Alpari Stuck

It's working ok. Maybe your account has been expired. In that case, you may want to open a new demo account again.

Alpari Stuck

Hi Bristol, I agree with you. Judging from all the negative fundamental news coming out of the US lately, USD should have already going lower than the current level. There should be so many factors that prevent USD/JPY from going down further. One ...

USD/JPY Discussion

The direction of the Kijyun-line is now going flat from upward, which indicates the trend is neutral. However, the last candle was closed below the Kijjun-line with the long upper wick. This is a very bearish sign after USD/JPY was rejected to go ...

USD/JPY Discussion

Hi pipmac, Yes, that will be very interesting for sure. On the weekly chart, I can't tell if the trend is still upward or is now heading lower, because the price is currently sitting on the Tenkan-line of the weekly chart. If the current weekly ...

USD/JPY Discussion

That is just a typical/basic example of those two types of candlesticks on a textbook. If the market always followed what was written in the textbook, everybody would have been rich. You might want to look at the candles more flexibly considering ...

USD/JPY Discussion

Posting the same chart twice was not my intention. I guess I might have done it in a wrong way...I'll check it. [quote=ak4x;2086971]

USD/JPY Discussion

Good question — Hi pipmac. Good question. Actually, I had the same thought as you have now. Those candlesticks might be interpreted as hammer rather than hangman as you point out. One thing that I took notice, however, was when the first ...

USD/JPY Discussion

My Ichimoku analysis on the daily chart... Bullish factors: - The price is hovering way above the Kumo cloud. - The Kijyun-line is pointing upward. Bearish factors: - The price is way below the Tenkan-line as well as 200sma. - 2 hangman candlesticks ...

USD/JPY Discussion

Hi Bristol, I usually get this sort of information from news feeds provided by a local forex broker.

USD/JPY Discussion

The Japanese exporters have entered the market for selling dollars and buying yen above 106.00-106.20. This could prevent USD/JPY from going upward further.

USD/JPY Discussion

Okidoki. Everything including my Ichimoku analysis and the bearish divergence in the 30M chart spotted is working great so far as previously planned. url url In addition to all the technical analysis, the expectation for the ECB's rate hike on ...

USD/JPY Discussion

Beaish divergence — Based on that the bearish divergence is forming in the 30M chart, some dips will be expected for the next coming hours. Also note that the price is just below the Tenkan-line in the 1H chart, and the Kijyun-line has started ...

USD/JPY Discussion

Sell on rally — Things to note based on my Ichimoku analysis... 1. That the price is still below the Kumo suggest that the current trend is down. 2. If the current candle is closed below the 1H Tenkan-line, it is likely that the pair is ...

USD/JPY Discussion

The Tankan has given the market a positive surprise as I hinted this on this thread yesterday. This often happens when everybody starts talking about the same thing. url Now get ready for the coming big events including the ECB rate decisions, ...

USD/JPY Discussion

Hi. Ichimoku works well in every timeframe, but works best in the daily chart. USD/JPY or Yen crosses seem to faithfully follow support and resistance that the Ichimoku shows. To make a more precise entry and exit, however, you may also want to use ...

USD/JPY Discussion

That is a good point, but be really careful about the positive surprise (not-as-bad-as expected figures) tomorrow rather than expecting the Tankan data to show bad figures everyone is expecting now. There is always a possibility that the actual ...

USD/JPY Discussion

Okay, as I had expected, the Kijyun-line, 105.82 was broken now. The short-term mission was completed. I will be on the sideline for a while to see to which direction it goes. Here is how I had expected this to happen over the last weekend. url

USD/JPY Discussion