usimatm's Profile | Energy EXCH
 usimatm
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  • Status:
  • Battle Pips
  • Last Online:
  • Aug 3, 2018
  • Using Local Time:
  • 1:19am (13 hr ahead of you)
  • Joined Forex Factory:
  • Nov 2013
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  • Trading From:
  • Malaysia
  • Trading Style(s):
  • Price Action, Technical Analyst, Wave Analyst
  • Favorite Trading Book:
  • Technical Analysis of the Financial Markets, by John Murphy (Amazon)
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Oct 5, 2014
 usimatm
06/10/2014
Technical Analysis for USDJPY

After dropping 200 pips from the 110 highs, the USDJPY found some aggressive buyers happy to step in on a pullback.

This confirms the bull trend is still alive, but we could have a range forming here between 110 and 108. If the price action cannot break the 110, then look to play the range, however if it breaks this level, then look for