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April 15 - May 10, USDJPY Holygrail?
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Old 10-05-2006, 01:28 AM
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Default April 15 - May 10, USDJPY Holygrail?

Hello everyone

Let's discuss this interesting cycle of USDJPY from April 15 to May 10. Seeing the charts from 2006 to 2002, I believe we can make a nice system out of this one.

Warning: We could be millionaires if we figure it out the best strategy to trade this cycle!

Discussion questions:
  1. Why does the history repeats from April 15 to May 10?
  2. Is it something to do with Bank of Japan, because they usually stop mass-intervention in first week of April?
  3. It's mainly down trend, but more importantly, it's only ONE trend. Which trading strategy works best?
  4. I'm gonna name this cycle: BoJ's April. What do you think?










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