TimStuyts

USDJPY target reached

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FX:USDJPY   美元 / 日圓

Hi traders, for weeks I have repeated myself in saying that USDJPY was extending higher in 1 unique wave. The upside potential was as a result of that limited. Now we fulfilled the minimum requirements for the correction of that unique wave. A very good structure trader can trade with 70% success rate. We trade with more than 90%. I don't say that to bias anyone but hope you all see the value in truly understanding not only structure, but also market dynamic and inter market analysis. That will help you improve your timing and will make you more comfortable in accumulating more trades after minor corrections.
This weekend I will upload another video where I will cover the Dollar pairs as well as the US indices. You might have noticed that I haven't been calling for sells in those indices yet. That is because of the real driver of the US indices. That driver will be tested very soon and either result in a correction (on higher tf's) or even a reversal that is going to take longer. My cliffhanger; 'forget about earnings, that has nothing to do with it'. Buy the rumor sell the news ;-).
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