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Inverted Head and Shoulders noticed on the daily with a measured potential of perhaps up to 300+ pips if the action can slice through the Kumo to test Senkou B and Chikou resistance (yellow box zone). A passive entry would be on a break and re-test of the Neckline to check if old resistance can now act as new support.

31/3. Price action tested the Head and Shoulders Neckline on yesterdays daily candle, and is trying again now to break through.

1/4. Nice move of around 100 pips for our more aggressive traders, although there has been no return to the neckline so far for our passive members. Watch now as there is a slight retrace happening which could test 1H Kijun 125.73 and/or Chikou 125.95-125.72 and provide a confirmation reversal pattern.

2/4. Move continues north as per the chart posted earlier and into the yellow box zone. Maximum 250 pips so far.

6/4. Maximum on this long trade was 315 pips, and now we see a retrace occurring that may set up an alert on the short term trade system in either direction once the correct pattern appears.

Chart Point 2/4

Chart Point 1/4.

Chart Point 30/3

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Eur.Jpy. The entry level was just out by 8 pips, although I know a few members reported getting into this and we also jumped on a bit later and took good profits. The price action has now hit the the target area (Low 130.30). Maximum +207 pips profit. We will not add any of these to the months total because of the minor entry discrepancy.

Gbp.Jpy.  Target reached (147.15 being the lowest). Suggested 148.00 or under. Entry was achieved from 149.00. We will be adding these +100 pips to the monthly total. Maximum available +185 pips

Eur.Jpy came within 9 pips of entry. Some members may have got in,
but our orders were not triggered. I will post again when the set-up
looks good. Gbp.Jpy I took a few more off at +70. Holding on to a
few with stop at break even

Gbp.Jpy

One of our short orders triggered at 149.00, the other at 149.30 was not triggered. We have just taken +35 pips on some, and will look to re-enter again on a retrace

It appears a number of members want daily forex signals ideas, so we will start giving these and

members can let us know if they are of help. Today so far listed below, more may follow.

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Nice move off the trend line overnight and a potential trade is looking better now. We want to try to get in on a

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One of our members asked for an update on this trade.

Basically, there is still no confirmed reversal signal, although there is a possible

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There was an overnight 4H spike failure over the trend-line (yellow spot), but now we need to wait for the price action to

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Updating the chart.

Trading is very thin at the moment and from a safety point of view I would prefer to see

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