How do you figure massive pool of sellers?

USD/JPY Discussion

Exactly uncertainty. And then it broke out to the downside. Nothing unusual, especially on a 1 minute chart. If it did that on a daily chart well then okay.

USD/JPY Discussion

On a 1 minute chart, why not? This is the YM miniDow futures for almost the last two hours on a 5 minute chart:

USD/JPY Discussion

UJ 5 minute EW almost complete and potential targets. 1 minute count has only broken down to wave 1 of 5 so far:

USD/JPY Discussion

I wait. You can't make something happen. If nothing is there you wait till there is something there. Let all the other EWers mark X's and Y's and Z's to their hearts content while price doesn't really do much.

USD/JPY Discussion

Disagree. Completely. Price doesn't always move in Elliott Waves but it does expand/contract in one fib ratio or another. Forcing a count when none is there or to fit a fib though is useless.

USD/JPY Discussion

What good are fib levels from a month ago or a year ago or many years ago ... if price constantly dances up and down and all around them? Here is a single fib on weekly chart from beginning of year till now clearly showing rejection of 50% ...

USD/JPY Discussion

Figures you would question that. The number 2 is just stuck there ... in space. More data is needed to fine-tune possible zone. Repeat a possible zone. Anything and everything can happen including my EW count being wrong.

USD/JPY Discussion

Waiting for wave 2 to complete still:

USD/JPY Discussion

Or not.

Carpe diem: Intraday tactics for Dax and Dow

Tokyo open:

USD/JPY Discussion

GBP is +0.04, CHF is now -0.12 (wasn't before - it was positive), EUR now -0.14 (same wasn't before when I posted).

USD/JPY Discussion

CAD is weakest, then USD next weakest so ....

USD/JPY Discussion

Oh if only it were that simple.

USD/JPY Discussion

Dow and S&P are unchanged so far. No biggie. And Nasdaq actually up close to a 0.5% Of course things can change either way between now and close.

Carpe diem: Intraday tactics for Dax and Dow

Looks kinda like London open became resistance point??

USD/JPY Discussion

Might happen but momo seems to be waning. And it is Friday aft.

USD/JPY Discussion

Exactly. Because as you know an "oversold" market can continue to go down, down, down and vice versa an "overbought" market can continue to go up, up, up.

USD/JPY Discussion

Not sure what point you are making but everyone's opinion (yup even the so-called smart money) is just a guess. Put a trade, put a stop in place and see what happens. It is all any of us can do.

USD/JPY Discussion

Gold hasn't traded based on inflation expectations in over a decade at least. Some idiot reporters still talk as if it does. Better to put that out of your mind. Rates (even if they are not exactly being raised rapidly) are all that matters nowadays. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread