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