USD/JPY


Sell area
112.00/112.55

Stoploss 115.46

Target1 109.85

Targt 2 107.40

Attached Images

2.gif (28.3 KB, 181 views)

+55 Pip

we still in Market till our target.

Attached Images

3.gif (30.6 KB, 173 views)

Attached Images

4.gif (14.8 KB, 163 views)

nice wolfwave bro wanna share???

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russian trader
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USD/JPY's break of 94.81 minor resistance suggests that retreat from
95.37 has completed and flips intraday bias back to the upside. Break
of 95.37 will target 100% projection of 91.73 to 94.78 from 93.07 at
96.12 next. On the downside, below 94.01 will indicate that more
consolidation would be seen but after all, short term outlook remains
bullish as long as 93.07 support holds and rise from 91.73 is still in
favor to extend. However, note that break of 93.07 will indicate that
rebound from 91.73 has completed and will turn bias back to the
downside for retesting this low.[actionforex]

The Japanese Yen surged sharply higher to start the trading week as stocks fell after an election brought the Democratic Party of Japan into power for the first time ever, boosting uncertainty about economic policy, while China’s shares dropped to a three-month low on disappointing earnings from China Merchants Bank.[dailyfx]

P&F USDJPY60 Box Size 250X4 or(1.05%) CLOSE
Data 98.832 - 91.944 ~ 3 Month ~ 89.04 Day
Database 1501 records 92.656 (Last Close)
2009-06-03 06~00
2009-08-31 07~00
BJF Trading Group

98.75|~25|||x_____________________________________ ______________|0.08%|7.4%
98.50|~5O|||x_o_x_________________________________ ______________|0.34%|7.13%
98.25|~75|||x_o_x_o_______________________________ ______________|0.59%|6.86%
98.00|~1OO||x_o_x_o_______________________________ ______________|0.84%|6.59%
97.75|~125||x_o_x_o_______________________________ ______________|1.09%|6.31%
97.50|~15O||x_o_x_o_______________________________ __x___________|1.35%|6.04%
97.25|~175||x_o_x_o_______________________________ __x_o_________|1.6%|5.77%
97.00|~2OO||x_o___o_x___x_________________________ __x_o_________|1.85%|5.5%
96.75|~225||x_____o_x_o_x_o_____x_________________ __x_o_________|2.11%|5.23%
96.50|~25O||x_____o_x_o_x_o_____x_o_______________ __x_o_________|2.36%|4.96%
96.25|~275||x_____o_x_o_x_o_x___x_o_______________ __x_o_x_______|2.61%|4.68%
96.00|~3OO||x_____o___o_x_o_x_o_x_o_______________ __x_o_x_o_____|2.87%|4.41%
95.75|~325||x_________o_x_o_x_o_x_o_____________x_ __x_o_x_o_____|3.12%|4.14%
95.50|~35O||__________o___o_x_o_x_o_____________x_ o_x_o_x_o_____|3.37%|3.87%
95.25|~375||______________o_x_o_x_o_________x___x_ o_x_o_x_o_____|3.62%|3.6%
95.00|~4OO||______________o___o___o_________x_o_x_ o_x_o___o_____|3.88%|3.32%
94.75|~425||______________________o_________x_o_x_ o_x_____o_x___|4.13%|3.05%
94.50|~45O||______________________o_____x___x_o_x_ o_______o_x_o_|4.38%|2.78%
94.25|~475||______________________o_____x_o_x_o_x_ ________o_x_o_|4.64%|2.51%
94.00|~5OO||______________________o_____x_o_x_o___ ________o_x_o_|4.89%|2.24%
93.75|~525||______________________o_____x_o_x_____ ________o_x_o_|5.14%|1.96%
93.50|~55O||______________________o_____x_o_x_____ ________o___o_|5.4%|1.69%
93.25|~575||______________________o_x___x_o_______ ____________o_|5.65%|1.42%
93.00|~6OO||______________________o_x_o_x_________ ____________o_|5.9%|1.15%
92.75|~625||______________________o_x_o_x_________ ____________o_|6.15%|0.88%
92.50|~65O||______________________o_x_o_x_________ ____________o_|6.41%|0.6%
92.25|~675||______________________o___o_x_________ ______________|6.66%|0.33%
92.00|~7OO||__________________________o_x_________ ______________|6.91%|0.06%
91.75|~725||__________________________o___________ ______________|7.17%|-0.21%
Column|~75O|137_6_104_6_6_8_5_5_7_184_6_115_8_5_7_ 5_12105_115_9_|
Count


Index 1/JPY below.

USD/JPY's strong rebound today argues that recent fall from 97.77 is not ready to resume yet. Intraday bias is turned neutral again for the moment. As noted before, while consolidation from 90.12 might extend further and another rise to 92.52 cannot be ruled out, upside is still expected to be limited by 93.29 resistance and bring fall resumption. Break of 90.12 low will target lower channel support at 89.56 next. However, decisive break of 93.29 will indicate that whole fall from 97.77 has completed and will turn focus back to upper channel resistance (now at 96.44).[actionforex]

"P&F USDJPY5 Box Size 8X3 or(0.26%) HI/LO
Data 92.526 - 90.121 ~ 0 Month ~ 7.34 Day
Database 1525 records 91.443 (Last Close)
2009-09-16 07~55
2009-09-23 16~00 (GMT+01:00) Paris
BJF Trading Group"

92.56|~8||||______________________________________ __________________________|-0.04%|2.71%
92.48|~16|||______________________________________ ____x_____________________|0.05%|2.62%
92.40|~24|||______________________________________ ____x_o___________________|0.14%|2.53%
92.32|~32|||______________________________________ ____x_o___________________|0.22%|2.44%
92.24|~4O|||______________________________________ ____x_o___________________|0.31%|2.35%
92.16|~48|||______________________________________ ____x_o___________________|0.4%|2.26%
92.08|~56|||______________________________________ ____x_o_x_________________|0.48%|2.17%
92.00|~64|||______________________________________ ____x_o_x_o_______________|0.57%|2.08%
91.92|~72|||______________________________________ ____x_o_x_o_______________|0.65%|2%
91.84|~8O|||______________________________________ ____x_o___o_______________|0.74%|1.91%
91.76|~88|||______________________________________ ____x_____o_______________|0.83%|1.82%
91.68|~96|||______________________________________ ____x_____o_______________|0.91%|1.73%
91.60|~1O4||__________________x___________________ ____x_____o_______________|1%|1.64%
91.52|~112||__________________x_o_________________ x___x_____o_x___________x_|1.09%|1.55%
91.44|~12O||______________x___x_o_____________x___ x_o_x_____o_x_o_________x_|1.17%|1.46%
91.36|~128||______________x_o_x_o_____x___x___x_o_ x_o_x_____o_x_o_________x_|1.26%|1.37%
91.28|~136||______x_______x_o_x_o_x___x_o_x_o_x_o_ x_o_x_____o_x_o_________x_|1.35%|1.29%
91.20|~144||______x_o_x___x_o___o_x_o_x_o_x_o_x_o_ __o_______o___o_x_______x_|1.43%|1.2%
91.12|~152||______x_o_x_o_x_____o_x_o_x_o_x_o_____ ______________o_x_o_____x_|1.52%|1.11%
91.04|~16O||______x_o_x_o_x_____o___o___o_________ ______________o_x_o_____x_|1.61%|1.02%
90.96|~168||______x_o_x_o_x_______________________ ______________o___o_x___x_|1.69%|0.93%
90.88|~176||______x_o_x_o_x_______________________ __________________o_x_o_x_|1.78%|0.84%
90.80|~184||______x_o_x_o_x_______________________ __________________o_x_o_x_|1.87%|0.75%
90.72|~192||o_____x_o___o_x_______________________ __________________o_x_o___|1.95%|0.66%
90.64|~2OO||o_____x_____o_x_______________________ __________________o_x_____|2.04%|0.58%
90.56|~2O8||o_____x_____o_________________________ __________________o_x_____|2.12%|0.49%
90.48|~216||o_x___x_______________________________ __________________o_______|2.21%|0.4%
90.40|~224||o_x_o_x_______________________________ __________________________|2.3%|0.31%
90.32|~232||o_x_o_x_______________________________ __________________________|2.38%|0.22%
90.24|~24O||o_x_o_________________________________ __________________________|2.47%|0.13%
90.16|~248||o_____________________________________ __________________________|2.56%|0.04%
90.08|~256||______________________________________ __________________________|2.64%|-0.05%
Column|~264|8_4_3_137_6_8_113_5_7_3_3_4_4_4_3_4_3_ 4_4_168_3_114_7_3_9_6_3_10|
Count|~272|

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FOREX MetaTrader Expert Advisors
Point & Figure Chart in Forex

The yen is appreciating relative to the dollar, hitting 90.49, on speculation that companies are repatriating funds before the end of the fiscal first half. With the three day weekend there are a lot of yen purchase orders from exporters. This could provide additional strength for the yen for a nice short-term trade the next day or two. Buy yen.

Well from what I can see, it's been travelling south since August 10th, and I don't see it changing it's "mind" any time soon:

Attached Images

usdjpy daily sept 26 2009.jpg (30.5 KB, 109 views)

__________________
Profitable trading starts here:
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Hi,

I think we will see more down on usdjpy

Attached Images

uj_27Sept2009.JPG (214.0 KB, 32 views)