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    • SunTrader replied Mar 6, 2018

      And for the - fibs don't work crowd - last night 1 hour chart (you have to know where to anchored them and realize like anything sometimes they do work and sometimes they don't). Notice also the double top today.

      USD/JPY Discussion
    • SunTrader replied Mar 4, 2018

      On Daily chart, rally off the low on Friday notwithstanding, the close was the lowest in over a year. And IMO if Friday's low is taken out, bulls if there are many at the moment, will be in big trouble.

      USD/JPY Discussion
    • SunTrader replied Mar 4, 2018

      I use RSI with length adjusted to the time frame of the chart and OB/OS levels always of 60/40. See attached UJ 5 minute chart with a RSI length of 24 representing (24 x 5 min) two hours of bars. Bullish readings should stay above 40 and bearish ...

      Using RSI to Gauge Trends
    • SunTrader replied Mar 2, 2018

      Next week will be a battle of which world events will affect the markets more. European elections/Brexit or U.S. trade/budget deficit/Mueller Investigation/Trumpie 3am tweeting. I expect the first to affect Euro pairs, the second affect USD pairs. ...

      USD/JPY Discussion