USDJPY: Updated time at mode analysis

6 févr. 2016

In this chart I'm showing the current time at mode trend as well as key levels obtained from the FOMC meetings and minutes release dates. You can see how you can navigate the price action with great accuracy if paying attention to these.

Right now, I'll focus on selling rallies against the key levels above, any rally is a sell, but if not offered, we can look for lower timeframe trend signals as well.
Until price tests the low volume support below, I'd discard any kind of bullish reaction.

I'll be trading this pair extensively, it's setting up for some excellent trade setups in the coming weeks.
Cheers,

Ivan Labrie.

9 févr. 2016

Note

We didn't manage to retest the FOMC key level, we're about to test the first barrier.

11 févr. 2016

Note

Interesting reaction to the lowest volume level on chart (a gap)
Now, we have pending downside and plenty of time, but keep in mind these yearly levels:

11 févr. 2016

Note

Clearly something's brewing...USDJPY up considerably after hitting my target, almost.
Oil vs gold spread at record levels, S&P500/Gold ratio chart touched the monthly Bollinger Bands lower band...

12 févr. 2016

Note

We could attempt a short soon, it's not a bad addition to my currency/stocks/commodities portfolio.

17 févr. 2016

Note

Downtrend might resume, I'm long DJIA but looking to short *jpy pairs.

19 févr. 2016

Transaction en cours

Reshorted USDJPY and also GBPJPY.
I think we'll see 105-106, based on the time at mode signals on chart, and the reaction to the new FOMC minutes key level.

9 mars 2016

Note

Had covered shorts and reopened today. Same pair selection, same targets.