Buy USDJPY at 83.99

Written by Ross Mullins on August 24, 2010 – 1:16 pm -

Buy posted to TAP at 8:59am ET buy USDJPY at 83.99 small size. It's no secret that this pair is reaching 15 year lows. Now looking for potential reversal points. 1.236 fib extention at 83.90 is a good begining point for potential reversals. When looking for a reversal point like ... Read more

Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
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Buy USD/JPY at 85.37

Written by Ross Mullins on August 10, 2010 – 1:26 pm -

Trade posted to TAP at 2:21pm ET buy USD/JPY at 85.37. Retest of 4 hour trend line, reverse head and shoulders pattern. USD/JPY Chart Picture Read more

Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
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USDJPY Potential Long Term Setup

Written by Ross Mullins on August 4, 2010 – 10:53 am -

The USDJPY has been in a steady downtrend since May 2010. With that comes the expectation that a reversal or retracment is possible. However I would caution against thinking it couldn’t go lower….there are no boundaries to what the market can do. As traders it is our job to look ... Read more

Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
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Buy USDJPY at 87.40

Written by Ross Mullins on July 6, 2010 – 10:37 am -

Trade posted to TAP at 10:46am ET, buy USDJPY at 87.40. We have been studying the potential reversal patterns on the weekly chart for this pair for several weeks now. With that expectation I have been looking for confirmations for buying again. With the break of the 4 hour trend line ... Read more

Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
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USDJPY Buy at 9028

Written by Ross Mullins on May 20, 2010 – 9:01 am -

USDJPY buy posted to the TAP at 9:37am ET. See my previous post about the long term outlook for this pair. 50% Fib of the previous daily uptrend at 89.95. Looking for support between current price and that daily Fib. USD/JPY Chart Picture Read more

Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
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Long Term USDJPY Outlook

Written by Ross Mullins on May 11, 2010 – 8:36 am -

Picking a direction to focus on can be difficult for a short term trader. Consider the USDJPY as a good example of an overall outlook and then bring that down to an intraday focus. Currently the USDJPY Weekly chart shows support and a reverse head and shoulders reversal pattern at 88.00. ... Read more

Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
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USDJPY Buy at 94.05 (correction on entry)

Written by Ross Mullins on April 26, 2010 – 10:49 am -

Buy posted to TAP at 10:35am ET. Buy USDJPY at 94.05, High Risk. Buying at a convergence of several indicators: 30min up trend line, support at 93.97/94.00, .786 fib of the same uptrend on 30min., bottom of consolidation triangle. Looking for a move back to the top near 94.25/30. Tight ... Read more

Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
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USDJPY Sell at 93.15

Written by Ross Mullins on April 20, 2010 – 9:03 am -

Trade posted to TAP at 9:28am ET. USDJPY Sell at 93.15 based on 4hr trend line test, 50% fib of previous down trend on 4 hour chart, Tunnel fib at 93.16 and historical supports. Looking for initial bounce back to 92.80 then a break of 92.75 back to 92.60 and ... Read more

Tags: Daily Trader, forex market, forex trading, USD/JPY
Posted in Trading Signals & Strategies |
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