USDJPY: Trend is up now
Updated
I think we can be more or less sure that the trend has now turned up on this pair. I'm holding longs, although I had closed earlier, I reentered when turning up for the day today, after we made a new daily low. That was a good cue for a potential short term bottom.
I like the VIX key levels on this pair, I have talked about this in the past. For more information, check Tim West's publications.
If you're long, hold and trail stops gradually.
Good luck!
Ivan Labrie.
I like the VIX key levels on this pair, I have talked about this in the past. For more information, check Tim West's publications.
If you're long, hold and trail stops gradually.
Good luck!
Ivan Labrie.
Note
Note
Broke yesterday's high...holding and monitoring it.Note
Strong action today. Hold!I think we might drift sideways for a while soon, but overall, bullish on this pair.
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Anticipating a consolidation in 
USDJPY Trade closed manually
I closed mine for now. Waiting for a consolidation or correction to buy again.
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Update the chart until today and see how great the key levels here explained all the moves and bounces in the chart.
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