USDJPY: What goes up.. Must come down. Massive Trading Lesson

٢٧ أكتوبر ٢٠٢٢

Looking at the USDJPY will provide perhaps the most important lesson in trading you can find. Ascertaining what is Market value; what is a high price (and what your decision needs to be) VS what is a low price and what you should do.

The USDJPY is a classic example. Price has rallied for 22 months or so and the price has risen enormously. This is OVERSOLD and you can see how Traders (Who know what they are doing) have moved into the market and pushed it down. We called it and said this would happen because we looked at the market from a factual non biased perspective.

We also looked back to key price action levels to determine what further adds to the concoction (evidence) for a short.

Tie it all together and you get a fall you can take gains on. We can now look for further falls after price pops until we reach Price levels to get final exits, again using our knowledge of market value.

All in all, when trading any market, just do it factually. No stories. High price V Low. That's what works!

I hope that helps as always!

٢٧ أكتوبر ٢٠٢٢

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Exit shorts as we fall to comfortable Early support

٢٨ أكتوبر ٢٠٢٢

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After taking short side profits, look to RE short again so we can take gains on RE tests.

Use inference and See where traders are looking to short (based on where they did previously)

٢٨ أكتوبر ٢٠٢٢

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Out again at second target for gains.

٣١ أكتوبر ٢٠٢٢

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Get RE short looking for intraday gains

١ نوفمبر ٢٠٢٢

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Exit again for profit.

١ نوفمبر ٢٠٢٢

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So now you’ve shorted 3X. You made money. Do not listen to the guys who buy highs... it can hurt!

٨ نوفمبر ٢٠٢٢

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Exit all shorts and start to get lightly long for fast exits.

٩ نوفمبر ٢٠٢٢

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Exit light longs for more gains.

١٠ نوفمبر ٢٠٢٢

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And BOOM down it goes... Now is the time to trade very lightly on longs. Do not Weigh in!

١١ نوفمبر ٢٠٢٢

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Coming down to REASONABLE light support circa 139.650 if you are long it must be light

٣٠ ديسمبر ٢٠٢٢

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Kill all shorts. Way down on the fall, early exits on longs taken.

Now as we fall stay up to date with UJ long zones

١٥ فبراير ٢٠٢٣

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Get lightly short again.

١٧ فبراير ٢٠٢٣

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Looking for short gains next week on early exits.

٢١ فبراير ٢٠٢٣

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Taking on light shorts. Further around 138.

٢٣ فبراير ٢٠٢٣

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Hold off anymore entries until 138.00 area. This gives you key PA zones for short side trades following on from previous fall. Reflect on MACRO trend long term.

٢٧ فبراير ٢٠٢٣

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Hold off shorts and do not fomo.

More comfortable resistance for front runners / mid size at 1376

٨ مارس ٢٠٢٣

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Get short now.

٨ مارس ٢٠٢٣

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Exit 40 pips gain.

٨ مارس ٢٠٢٣

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Only RE short on a higher push up.

٩ مارس ٢٠٢٣

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Another smash fall. Take short gains

١٠ مارس ٢٠٢٣

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Looking to RE short on further rise (scaling in on early Entry CONF)

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massive fall exit for gains again.

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And another great UJ call. Slammed south..

Look for light longs and scaling in at key PA levels.

١١ مارس ٢٠٢٣

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Main Sentiment (market mood) update to follow:

Silicon valley banks, Inflationary measures / Rate changes.

SPIKING FEAR GAUGE.

١٢ مارس ٢٠٢٣

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Look for light longs at key pre mentioned PA zones

١٣ مارس ٢٠٢٣

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Looking for light longs at 131.75

١٦ مارس ٢٠٢٣

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Still awaiting long zones circa 131.75

١٧ مارس ٢٠٢٣

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Look to scale in light long.

٢٠ مارس ٢٠٢٣

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Exit any secondary Longs taken and exit any former longs taken.

٢١ مارس ٢٠٢٣

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exit longs look short nearer 1.3455

٢٢ مارس ٢٠٢٣

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There is room for LIGHT shorts but far more feasible higher up.

٢٣ مارس ٢٠٢٣

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Also room now for very light longs and early exits alike.

٢٤ مارس ٢٠٢٣

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UJ showing WEAK PA.

Risk Averse Longs come in line with 100 MA on W chart circa 125

٢٤ مارس ٢٠٢٣

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Exit light longs taken. Risk averse for new longs remains on harsher fall as described ^

٢٧ مارس ٢٠٢٣

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Short Side LOW market Value Long side is WEAK.

Hold off shorts until further up and longs until further down it is a no trade.

٢٨ مارس ٢٠٢٣

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Risky Scalp market do NOT jump in with boredom. 126 and 134 respectively for longs and shorts RISK AVERSE

٢٨ مارس ٢٠٢٣

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USDJPY weakness showing. Do not fomo and lump in you have ZERO key PA and zero sentiment.

٣١ مارس ٢٠٢٣

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Still looking slightly higher for shorts 134

٣ أبريل ٢٠٢٣

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NOTE Risk Averse TGT shorts 13765

٦ أبريل ٢٠٢٣

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Note weak longside PA. Looking for further falls to risk averse zones @ 126

٩ أبريل ٢٠٢٣

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Scalpers market / TINY risk trades applicable here until we reach significant levels up or down (1377 1260)

١٣ أبريل ٢٠٢٣

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UJ still very boring. Looking for impulsive move and action.

١٥ أبريل ٢٠٢٣

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And still lacking Movement, this is when market becomes a scalpers market. Its OK to let markets move sometimes because you will put risk up otherwise.

١ مايو ٢٠٢٣

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Get short

٢ مايو ٢٠٢٣

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Out on the fall

٤ مايو ٢٠٢٣

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Usdjpy smoked again exit all shorts

٥ مايو ٢٠٢٣

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Hold off re shorts

١٩ مايو ٢٠٢٣

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Light longs appropriate

٢٢ مايو ٢٠٢٣

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Out all longs shorts coming 1.4