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As mentioned in my previous post, I am still bullish on USD/JPY, and I said many times in various seminars that I will be looking for a chance to buy. This chance came pretty soon after, in the form of a correction followed by tell-tale signs of buyers stepping in (look at those lower shadows!). When the correction was happening, many people started thinking that a reversal was going to take place. I was not worried, and the reason for my confidence was the proven power and reliability of the Swing setup.

Previous post: https://synapsetrading.com/2013/02/usdjpy-will-it-really-reach-100/

ALL YOU NEED TO KNOW ABOUT TRADING!

Hi, Spencer here! 😀

After making my first million at 28, and trading & teaching across 60+ countries, I have consolidated my knowledge and experience to create the most comprehensive & practical guides for profitable trading, compiled from thousands of books, websites, courses, and interviews with professionals.

comment-img As a former professional trader in private equity and proprietary funds, I have over 15 years of market experience, and have been featured on more than 20 occasions in the media.
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