usdjpy screen capture

 usdjpy 130413 d1

This chart has been a hot topic of discussion in our Traders Network ever since I predicted the price target of 100. As usual, everyone thought I was crazy, but the chart has once again proven itself. We could go back to the old debate again that it was news that caused the USD/JPY to move, but as traders we all know that price leads the news. We will continue to monitor this chart and manage our profits, and I am glad for those who have contributed and made a killing from this.

Here are some of my previous USD/JPY predictions on this blog:

https://synapsetrading.com/2013/02/usdjpy-will-it-really-reach-100/
https://synapsetrading.com/2013/03/usdjpy-chance-to-hop-on-the-super-swing/
https://synapsetrading.com/2013/03/follow-up-on-usdjpy-up-300-pips-since-our-last-call/

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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.

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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