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What is your target?

It's out of the weekly pennant now, if it's the real thing it ought to expand with strong momentum.

Yen Futures weekly chart, running a TL connecting Lo of weekly bar of May 03 to Dec 13 is being broken as I type this. Fingers crossed that it isn't a headfake.

Back to basics, weekly chart shows 3 attempts to break the hi (Yen futures), so far 3 failures, 3 lower highs on same weekly frame. Lows have been edging higher too on the other hand, yet not as prominently as the highs have been rejected. So we got a rule of 3 failures vs gradually rising lows...

Well....it's comforting to see a bull hammer at the end of the NFP weekly chart. No strong action yet, still within congestion pennant. Obviously, not trying to sell a trade to anyone, just sharing my views with the world sort of speak, trading is about making a personal choice of go long, go...

I am trading Monthly pattern, so stops have to be based on multiple entries based on smaller frames or Monthly reaction low, as I am trading using 1 entry (under water at the moment) there is no need to panic because price had not confirmed the concerns. Yes, I am cconcerned by the almost total...

REALLY don't like what I am seeing on the Daily chart, not good.

I want this bull's asshole for tea on this one ;)

Long USD, short JPY

100SMA Daily still a bit of a brick wall.

Look at weekly chart A, draw lines, it's popping.

Strong action right now.

3 lower tops on daily, price below 100SMA, failure to stay above it & downside momentum ought to accelerate IMO.

I am saying that something is about to take place, you know alignment of the stars and all that, currencies, stocks, gold, bonds, VIX. The risk of an accelerated move is clearly to the downside, of what is the question? Will we have a repeat of May 6?

usdjpy

Going through Daily 100 SMA, not seeing a turn of it, 1,260 zone target. Ninja wants to breakout too.

;)

USDJPY Weekly at breakout point. Something big brewing.

Upside down because it was Yen future chart, you have posted UJ. Here is the UJ Weekly view, getting pretty tight range now. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3067282>

Death Cross on Daily Yen now. Pennant on weekly. Impulse wave breakout very soon. http://www.dormantrading.com/TraderTools/quotes.htm?page=chart&sym=J6H11&domain=dtrading&cancelstudy=&type=BAR&a=D&studies=SMA(50);SMA(100);&density=X