USDJPY ShortUSD/JPYOANDA:USDJPYCashFalconContext & Disclaimer **This recording is a personal trading journal for self-reflection and review, not trading or investment advice** - Late-night (~2:00 AM) live chart session recorded as a journal update Action Items - Monitor USDJPY short trade — check at daily swing level to decide whether to take profit, shave, or hold - Review gold entry level on lower timeframe chart to confirm exact entry price USDJPY — Active Short Trade - Bearish bias building on USDJPY, corroborated by bearish signals on the DXY (Dixie) - USD/JPY is highly sensitive to DXY moves due to the one-sided strength disparity between USD and JPY; also often moves early as the weekly session opens (Australia → Japan → London → New York) - Trend shift: prior HH/HL sequence broke with a lower low - Already in the short; stop loss placed above the key red resistance zone (a break above would signal bullishness) - Alert set: bullish signal (PLSN) crossing up at stop-loss level as a warning - Target: daily swing low where buyers originally stepped in (idea: buyers “gas out” and return to origin to reload) - Partial targets: 5.2901 (partial) and 3.2701 (final) - Trade was in profit (~7.5 pips) at the time of recording - Alert set at intermediate daily level: “take profit, shave, or hold” (may not be awake when triggered) - 4H bearishness beginning to show; a body close below the key level would likely accelerate the move Multi-Timeframe Notes - 1D chart used for primary swing identification; fractals used as reference but overridden when price action warranted - A key daily swing level was turned green after being touched/confirmed (still relevant support/resistance) - Intermediate levels marked to anticipate temporary buyer reactions on the way down - 15M chart reviewed with very low confidence (“half the container of salt”) - Big 15M wick below the key area suggests buyers at that level are weak Gold — Previously Closed Trade - Entered gold long from a lower demand zone; took profits earlier than ideal - Gold continued to run strongly, breaking multiple daily swing levels - Not re-entering — price is “off to the races” and no longer at a worthwhile level - Key lesson: trust the trend and let it play out instead of exiting too early Aussie Dollar — Exited - Exited Aussie Dollar similarly (too early) - Not re-entering — no longer at a level of interest Key Concepts & Observations - ICT Fair Value Gap: price returned to fill a fair value gap (orders within large candle bodies) before pushing higher — that liquidity has now been used, supporting bearish continuation - Weak uptrend structure: prior USDJPY uptrend was a “creep” rather than a vertical impulse — weaker conviction and a more credible breakdown - DXY confirmation: Dixie wicked more than halfway through a key buyer zone, further supporting the USD/JPY short