Traders rely on daily intuition — Learn "habits to keep your senses sharp" from Dollar-Yen and Shinji Ono

【Dollar-Yen】Signs of the end of the uptrend? A sharp drop after the U.S. employment data

The dollar/yen recently rose toward around 151, and it seemed as if the long-running uptrend had begun to be confirmed.

The last upward force trying to touch that level and the“No, the rise is over, sell!”reversal force collided at that moment.

Our view is bearish.

From the morning, we were selling dollar/yen and even cross-yen pairs in bursts.

And the market tumbled as soon as the U.S. employment data were released.

We were able to ride this trend as well.

By the way, futures are currently around 147 yen.

Therefore, we expect downside pressure to continue into the early next week (from 8/4 onwards).

If it clearly breaks below 146, a trend reversal must be considered.

In other words,the uptrend is denied, and there is a possibility of returning to a range-bound to unstable markethere.

Now, a bit of a change of topic—

Are you familiar with the soccer genius Shinji Ono?

In high school, he apparently had an extraordinary sense of space, and could grasp the positions and movements of players on the pitch as if viewed from a drone perspective.

However, unfortunately, he suffered a major injury.

After being away from the game for a long time, that “sixth sense” seems to have faded.

I think this story applies to sports, music, art, and trading as well.

The sense of market vibes or the feel for the air is not easily regained once lost.

That’s why I always look at the charts, even on days I don’t trade.

Even while traveling, even on vacation, I still form ideas.

Nowadays Wi-Fi, smartphones, and iPads are convenient, but—

we didn’t have them in the past.

What we had was mostly “breast pads”! (laughs)

Markets continue. Daily rhythms, observational eye, consistency are everything.

Even if you rest, the charts do not rest.

Keeping your sense intact is, more than anything, important, I believe.

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