FOREX YEN/USD Weekly 20th Sept 2008

I don't analyse the YEN, as I do the other spreads.

As long as I have a concept of price trying to rotate towards the 5-day 50% level and away from the 5-day 50% level using thrust patterns, then all I have to do is wait for spiral filter patterns during my own time zone


Spiral filter rules:-

If trading from a pink spiral back into the brown filter: exit of the first R41 range.

If trading away from both the pink spiral and also the brown filter:- then the movement is often a double range 2X44, or pink to pink.

Last Week:- 8 trades

6 winners 252 pip
2 losses 20 pips