toyogo00
10-28-2008, 12:30 AM
Hi Neal,
See attached, I've received DailyForexCharts.COM from Neal at 11pm EST. You mentioned that the USDJPY is forming a triangle wedge pattern, so it will either break up or down.
At 1:25am EST, it broke out; the TRSI for 4hr, 1hr, 30m, 5min all crossed up. The fibonacci SK at 93.60/70 and broke up as well.
Enter long @94.00 based on 5min chart exit at the expansion target @95.80 - 161.80% within 30mins for 180pips (it was too fast that I didn't think of 100%).
THANKS YOU very much Neal for your insight of Fib/TRSI analysis - it's marvelous!!!
Regards,
Toyogo
See attached, I've received DailyForexCharts.COM from Neal at 11pm EST. You mentioned that the USDJPY is forming a triangle wedge pattern, so it will either break up or down.
At 1:25am EST, it broke out; the TRSI for 4hr, 1hr, 30m, 5min all crossed up. The fibonacci SK at 93.60/70 and broke up as well.
Enter long @94.00 based on 5min chart exit at the expansion target @95.80 - 161.80% within 30mins for 180pips (it was too fast that I didn't think of 100%).
THANKS YOU very much Neal for your insight of Fib/TRSI analysis - it's marvelous!!!
Regards,
Toyogo