Forex Mastery 101: USDJPY Potential Future Short Side Moves

12 mars 2024

Hey Traders,

The implementation of Technical and Fundamental Analysis is necessary to pick price points and predict future movement.

After all, Central Bank decisions dictate the flow of money in an economy.

And that flow dictates movement, price points for buying or selling and overall long term bias.

12 mars 2024

Note

Shorting on pushes back up.

12 mars 2024

Note

Still awaiting further moves.

14 mars 2024

Note

And RE-entered shorts inline with BOJ sentiment.

15 mars 2024

Note

Any further entries reasonable.

18 mars 2024

Note

Carrying short bias into this week. Will be interesting to see new BOJ comments and potential effect they have.

18 mars 2024

Note

Very ideal short technical bias. Entries to fire.

19 mars 2024

Note

Further light entries. Nothing after highs for a long time.

20 mars 2024

Note

Brace for fed news, may provide impetus. Any away from USD.

21 mars 2024

Note

exit Re short area (2) at highs.

25 mars 2024

Note

Re short again.

28 mars 2024

Note

Shorts are not moving due to persistent FED. Waller remaining hawkish. Downside bias awaits (pot BOJ intervening). Tech side still short.

9 avr. 2024

Note

Crucial Zones approaching. Many stops to be wiped out.

BOJ intervention seemingly more likely as monetary policy does nothing.