USD/JPY, EUR/JPY & GBP/JPY Daily Update, Setups & Forecast, April 11th 2014

Hello Traders,

In this brief post I share today’s daily review for the USD/JPY, EUR/JPY & GBP/JPY major forex pairs for tomorrow April 11th, 2014. In the video I review the daily, 4-hour and 15min sequences and provide explanation of market action and price dynamics, plus potential setups based on my opinion and trading method.

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Below the video analysis aforementioned markets:

Notice that price projections in my method are not from/to random levels and do not follow Elliot Wave, DiNapoli levels or other methods, but rather a proprietary method based on modeling effects of Program and Algorithmic Trading on price.

The FibStalking timing technique and the the FibStalker method help “level plain” the trading game showing what banks, institutions and big hedge funds are actually doing (and not what they are saying they are doing). Follow me to learn how to spot the Algorithmic Trading footprints.

I send a free Newsletter in the weekend and provide updates throughout the week. The newsletter typically includes 3 video reviews for (1) EUR/USD, Dollar Index, S&P500 emini and Gold emini; (2) the Japanese Yen majors, i.e. USD/JPY, EUR/JPY and GBP/JPY; (3) the other majors: GBP/USD, AUD/USD, USD/CAD. Please, register here to receive the free weekly newsletter.

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Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great evening.

Giuseppe, the FibStalker


Filed under English language, Forex, S&P mini futures setups and trades, Trading Plan

2 responses to “USD/JPY, EUR/JPY & GBP/JPY Daily Update, Setups & Forecast, April 11th 2014

  1. Steven

    How will the increase in the tax rate affect the JPY? Thanks

    • Hello Steven,
      unfortunately, I do not look at how news “may” affect prices. I follow what program trading is doing on the JPY majors, trusting the fact that it will be able to quickly re-adjust if any major news hit the market.
      A good reason for not following news too closely is that the we do not know how they are ultimately going to affect price.
      If I started second guessing the signals I get from market analysis of footprints of algorithmic trading trying to factor in what “I think” the market will do based on a piece of news I would end up skewing my method.
      When I did that in the past it always resulted in losses.
      If you like, please read my free eBook “Key Concept” where I dedicate a full chapter to why interpreting news may harm your trading.
      Hope this helps.

      Thank you

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