Inspired Charts

"USDJPY is sure to hit 105 level" ....NOT Hint (typo)

This setup is pretty simple and straight forward... price will rally towards 40 if we see a triangle breakout BUT a breakdown below 4 will require some form of divine intervention. Keep it simple guys.

See how my Apple Analysis nailed the near bottom and made away with 80 decent points in a matter of days.... scroll down to see FEB 3rd forecast

I care less about fundamentals because Financial markets does not often reflect those book values. Statisticians say Apple stock was not in any way overvalued at $700 but it fell and still falling anyway. But on the other hand, Technical chartists like myself know that a 3 wave correction will usually follow a 5 wave  impulsive advance... See my EURO and FB analysis for clearer understanding.

To all those who doubt the power of technical chart Analysis ....Here is your Answer. Technical Analysis is the study of Market reaction in relation to previous Market action. All we really need to analyse any tradable instrument in a free market environment is the Price Chart (a mechanism that discounts know and unknow market ticker). Because no matter how much relevance you attach to certain economic/political event, you will be wasting time if the market itself does not react.