2025/04/11 Forex Diary

Hello (*‘∀‘)
The market is showing strong momentum again today.

The weather was nice today, and since my wife was off, we went out shopping and had some fun (*‘ω‘ *)
We have a lot of plans, like a trip to Kanazawa in May and a trip to Hiroshima in June!!!!
That's the real thrill of being a full-time trader lol

Now, let's check the charts (*‘∀‘)

Overall, the dollar is being sold off.
I wonder if money is flowing into the yen? (*‘ω‘ *)

4H cycle 10th bar
1H cycle (1) 37th bar
I guess that's where we are (*‘ω‘ *)

It closed down 1023.42 yen.
Looking at the MA, I think it might have bottomed out for now, but I wonder (*‘ω‘ *)

Same here (*‘ω‘ *)

So, the yen and euro are strong.

The Euro Pound is continuing a strong trend even on the 4H axis. I wonder if it will stretch a bit more.

The European and commodity charts are also showing a trend in Europe (*‘ω‘ *)
If the theory of the yen having an inverse correlation with stocks holds, how far will the buying go?
I have a feeling it will be quite limited (*‘ω‘ *)
I'm just simply following the price action lol

Now, let's look at each currency

Euro/Dollar

4H cycle 69th bar
1H cycle 4th phase 39th bar
It's being bought with incredible momentum (*‘ω‘ *)
It's around 18:00 now and it's up 260 pips lol
Since it's time to find the top for the 4H cycle, I've been watching from the sidelines today
The 1H cycle has been extended (*‘∀‘)
Since the 4H cycle is confirmed as a light translation, it's better to buy after the 1H cycle hits the bottom ('ω')ノ
If you get greedy, you'll lose

Pound/Dollar

4H cycle 22nd bar
1H cycle 1st phase 85th bar
I might have miscounted the 4H cycle ( ;∀;)
It's more natural to see the MC and 4H cycle as having bottomed out from the 25/04/08 low
Looking at the 1H cycle, there's a clear trend
I wonder if the top will be decided soon???
Let's enter this one too after the 1H cycle hits the bottom ('ω')ノ

Aussie/Dollar

4H cycle 54th bar
1H cycle 2nd phase 108th bar
Hmm, this is hard to read.
It returned to the previous 4H cycle starting point but couldn't break through ('ω')
Looking at the 1H chart, it smells like a ceiling
The 4H MA is coming up from below to meet it, but how will it move?
In times like this, it's safer not to get involved (*‘ω‘ *)

That's about it
Today is Friday, the end of the week (*‘ω‘ *)
It felt like a market pushed around by Trump-senpai again this week lol
I've made a decent profit, so I'm just observing today ('ω')ノ

Let's trade safely!!!!

Thank you for reading until the end (*‘∀‘)ノ