on the last previous day i post about GBPJPY and alot of people was said long for GJ.After I made a thorough full study the movement GBPJPY must go down to completed the corrective of wave C...and it need 5 small wave to make it wave C at 1hr chart.if you missed it please do check my previous post about GBPJPY...and now i've made another analysis on USDJPY as well,,,so this is latest wave pattern you should know...Check it out!!
so this is my latest study about wave USDJPY..You can use this motion study to help you determine if you should hold the position/buy or short the market.The way I trade is i used 3 method.
1)Evaluate the market and determine the market on which wave the current price right now!
2)if you were looking for buy im wait at number 3 wave and wave 5..(green wave not white wave)white wave is small wave!!
3)after you know the market lies in that wave such as eg:wave 3 then i used my secret indicator and wait for signals buy.
note important :i suggest when market at corrective condition, the best wave at wave 5 for buy if you want to try at wave 3 just use small lot.
so if you trend trader ,you want to follow the trend the good wave to try at wave 2 and 4...and go check your indicator and wait for signals..
this two method very important.do not rely 1 method.
so this is my latest study about wave USDJPY..You can use this motion study to help you determine if you should hold the position/buy or short the market.The way I trade is i used 3 method.
1)Evaluate the market and determine the market on which wave the current price right now!
2)if you were looking for buy im wait at number 3 wave and wave 5..(green wave not white wave)white wave is small wave!!
3)after you know the market lies in that wave such as eg:wave 3 then i used my secret indicator and wait for signals buy.
note important :i suggest when market at corrective condition, the best wave at wave 5 for buy if you want to try at wave 3 just use small lot.
so if you trend trader ,you want to follow the trend the good wave to try at wave 2 and 4...and go check your indicator and wait for signals..
this two method very important.do not rely 1 method.
