Demand on the Yens

This week is Christmas week and I will be spending it with my family. I always have my mobile with me so I can always have a little check if the forex app I use alerts me. I’m just watching a few [pairs this week and they are both on the yen.


We’ve had a big drop in price on EJ and price is heading towards to demand. I should point out that price has seen a little rejection from within a weekly momo candle so that could prevent price from falling down into the demand we’ve been watching.

2015-12-20 EJ Long D1


GJ is also on the way down but unlike EJ it’s not hitting a green weekly momo. There’s still room for price to fall so we’ll see what happens.

2015-12-20 GJ Long D1


Detailed Analysis

Premium members can login to the forum for the detailed analysis which looks at the lower time frame levels we are watching to confirm entries, and the other setups we have for this coming week. This weeks detailed video analysis is here. If you do not have access to the premium content then you can find out how to sign up here.

Leave a Comment

Want to improve your trading? | Download your free Traders Checklist


Learn To Read The Market

Your guide to consistent trading profits:
  • Identify high quality setups
  • Learn to read price action
  • Trade with confidence