Friday, August 9, 2013

Today I would like to talk about USD/JPY with macro vie

Today I would like to talk about USD/JPY with macro view
This is a long term view of it in Monthly chart
It may be useful information for major players rather than individual players.
Perhaps a year later you may see it what Cassandra chart had been said.   
Somehow  
Briefly I diagnose it with my favorite signals information
See below!  



     Is bullish trend line of monthly chart but it is breakthroughs by ② and ⑦ of down line of BBS with “V” signal
     Is collective trend line signified for 3 month with 3 candles. but you may be query how much it is going to be adjusted? The answer are ③(Fibonacci adjustment) and ④( 12ma of middle line of Bollinger bands)
     Is Fibonacci line. We can judge with it what strengthen of Wave will happened since it is totally depended on ratio of it. for example
     Is 50% of Fibonacci overlapped by red color line of BBS middle line? If the ratio of adjustment are less than 50% of it. you should correspond with Box theory if it is more than 50%, you may ensure this wave is not dead and powerful. hence as time goes by let us watch out the movement of candle whether if the candle is resisted by the red line or not, Especially when the stochastic gold signal just like ⑥
     Is stochastic (5.3.3), which we wait for just like ⑥ (gold single)
     Is stochastic triple bottom
At any rate if you are short term trader, take a position in down trend line. Because with daily chart, it is triple top.
Furthermore if you are interested in when it is turning into bullish phase again, please wait for the single of Double tops after whether the previous low line (94.232) is breakthrough or not.