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benaiah replied Dec 3, 2014I'm just not feeling it, but I definitely want to see it go, along with GJ as well. But GJ doesn't look ready to go yet either... If the picture continues to be painted as it has been, I'd look for a break out within 2-3 hours. Of course, if support ...
USD/JPY Discussion
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benaiah replied Dec 3, 2014Price has been moving up very slowly in a channel. It could break out at current level of course. But it is more likely to fall from here, and hopefully find support at the bottom of the channel, but if it tests 119.74 again, I'd expect it to have ...
USD/JPY Discussion
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benaiah replied Dec 3, 2014It may take a while to move up, unless bulls break this channel first... Edit: The last channel before this took 24+ hours to break out of. Hopefully, this one won't take that long...
USD/JPY Discussion
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benaiah replied Dec 3, 2014d. I don't know But if if I were to throw out my opinion, I'll say it'll hit 120.24 then pull back and/or consolidate. But this has nothing to do with the fact that price will be trading around 120, rather based on other analysis. I do not expect ...
USD/JPY Discussion
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benaiah replied Dec 3, 2014At a critical point right now short-term. EU showing some strength, bears need to slap it down, or could drag down UJ...
USD/JPY Discussion
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benaiah replied Dec 3, 2014Because watching the price, it appeared to me that it was ready to move. Can't explain it all in a single post. But it did happen, touched down on 119.74 (failed to fall through), and confirmed direction is up. Not exactly the strong move I was ...
USD/JPY Discussion
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benaiah replied Dec 3, 2014Next 15-30 minutes should see direction confirmed near-term. Either make another run up or fall to next support level down...
USD/JPY Discussion
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benaiah replied Dec 3, 2014I only trade the price. I don't let the news influence my decisions. If price moves, I don't care why, I just trade it accordingly. Having said that, my post was only for today, and only according to what I see happening right now. My view could ...
USD/JPY Discussion
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benaiah replied Dec 3, 2014Look for UJ to find support at one of the following levels. 119.74 (current level) 119.59 119.43 119.24 119.12 I do not see any sign of UJ turning back yet, and target for today is 120.65+
USD/JPY Discussion
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benaiah replied Dec 3, 2014Why you so anxious to sell on an uptrend? I wouldn't sell UJ until trend becomes much more volatile, like it was in October. I wouldn't be looking for that first big drop. I mean how many trader can really find that first big drop without missing so ...
USD/JPY Discussion
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benaiah replied Dec 3, 2014Exactly. My advantage is, I don't really care why the price moves. I only care IF, When, and Which direction

USD/JPY Discussion
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benaiah replied Dec 2, 2014Yep, I hear ya. But it just moved 100+ pips down in a single day. I don't think it is far fetched for it to go down a few hundred pips in a few weeks. But I guess we'll see soon enough...
EURUSD
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benaiah replied Dec 2, 2014All makes very much sense, and agrees with my technical view, as I see EU heading very quickly to 1.21-22 area. Edit: 1.21-22 by end of year easily...
EURUSD
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benaiah replied Dec 2, 2014Well, one thing that is getting a little familiar - bulls push it up 20-30 pips, then consolidation. So, what price is doing now is nothing new. UJ fighting it's way up in spite of EU still stubbornly refusing to submit to bears. Wait until bear ...
USD/JPY Discussion
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benaiah replied Dec 2, 2014I agree, since there aren't really any supply zones to speak of on any time frame below weekly, unless new supply zone is formed at some point. But I've also seen this pair blast through weekly supply zones too, so I'll be hesitant to short this ...
USD/JPY Discussion
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benaiah replied Dec 2, 2014Looking for UJ to find support/reject 119.126. Also, look for EU to get smacked back down on it's little run up...
USD/JPY Discussion
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benaiah replied Dec 2, 2014Good day traders! A little slow right now, but I see nothing changed. Bull city all the way baby
And if you're worried about risk, tighten up that SL, as both GJ and UJ appear ready to break out long with tight consolidation on lower time ...USD/JPY Discussion
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benaiah replied Dec 2, 2014Really? Does he put a daily chart 20 EMA on an H4 chart? Not taking anything away from Chris, as he is a better trader than I probably will ever be, but will aspire to...
EURUSD
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benaiah replied Dec 2, 2014If you look at the daily chart, the bears have been more aggressively protecting the 20 ema. The attached H4 chart has a 20 ema based off of the daily chart. Note the decisive moves triggered when bulls tried to move up through it...
EURUSD
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benaiah replied Dec 2, 2014Okay, if you want to trade against a very decisive downward move, just because it is "stopped for a while", your choice. Hope it works out for you.
EURUSD