Everyone loves the dollar-yen
Hello. This article is aimed at those who continue trading with a focus on USD/JPY, or those who have a strong interest in USD/JPY.
The 503 method can be applied to all currency pairs, but in this method we track the direction of price movement using USD/JPY as the baseline. With this method, you will be able to understand where the “price” should come to with other currency pairs as well.
That’s all.
【As with previous articles, the same introductory note is included at the beginning.】
Regarding this week’s analysis and strategy content of the “Everyone Loves USD/JPY,” going forward it will be published asa paid serializationas a paid version.
(In the past, there were one-month trials where some readers purchased the serialized articles, so this is in response to that)
Until now, all serialized articles were freely accessible, but even now, important articles remain readable for free.
This“Everyone Loves USD/JPY”will be published with a one-month free trial, or for those who purchase the serialized articles for one month. (It will be available to purchase as a standalone article.)Content focused on USD/JPY analysisasa paid version with a weekly post, orupdated irregularly as neededto deliver.
※ In this USD/JPY dedicated analysis, we use a method different from the product‘503 Method [Even busy people can easily gain 100 pips (omitted)]’, surveying a wide range of timeframes and the overall market flow to track USD/JPY’s movements.
First, let’s quickly look back at last week, then examine this week’s USD/JPY movement (September 5–11) on a chart.
Review:
Last week's strategy was written like this.
This week’s strategy: If the price moves down from around 149.800 as seen on the 1H4H or D timeframes, there could be a renewed large move in the market, so proceed with caution.
If the upside stalls around 149.800, the downside could extend to around 147.250.
From there, the downtrend may change, with a return to the upside, followed by another decline, possibly returning to around 146.300, soyou should also prepare for this possibility.
Last week there was a decline to around 146.500. It would be good if you were mindful of the downward flow.
Weekly trend
Now, let’s look at this week’s USD/JPY movement (October 5–October 11) together on a chart. (We’ll do it briefly.)