Quote from Buy1Sell2:
The Yen chart that I just posted was the continuous chart. Attached here is the March Contract which has quite a different look to it with failure swings included. I think that your suggestion has merit and I will most likely buy on Sunday night and keep a stop below the low on the daily. The only issue is the large size of the Histogram trough which generally portends more weakness. I will need to be very careful here. I will pay special attention to the hourly chart for entry and exit until the daily shapes up a bit. Comments welcome
No entry in the Yen futures yet.
