Usd/Jpy

According to my analysis on the USDJPY chart for today

by viewing the USDJPY chart of the day we conclude that strong bullish trend happened due to the blade oscillator of value 0.03 located above the balance level of the indicator which shows a blue signal to conclude a strong indication that a bullish direction happen on the short run.
By the way the moving average 5 on the chart giving us a down indication then the bottom placed at price 121.45 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them .
http://bigimage.cz/photos/20141208141802383344069.gif

On the USDJPY chart now you can indicate that the price is currently moving above the MBFX indicator's grey line which is the support area with a location at 121.09 Currently by looking on the last signal on vestro indicator it was a bearish saturation signal by going to -100 level of vestro which may be a good notification about going south for the current time if you decided to enter long then you can target the next level of support on MBFX indicator at area of resistance on MBFX indicator at area of 121.8 as first take profit and 122.5 as your next and final target as long as the price did not hit 120.65 which can be used also as stop loss for your buy trades.
http://bigimage.cz/photos/20141208141802248182297.gif

analysis for today 12 / 8 / 2014
USD/JPY (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 120.92
Retracement (50%) 120.69
retracement (61,8%) 120.46

Extensions (61.8%) 122.90
Extensions (100.0%) 123.66
Extensions (138.2%) 124.42
Extensions (161.8%) 124.88
calculation based on a Fibonacci retracement then today I choose buy

The moment indicator indicates that there is good selling signal on our pair USDJPY and that’s because of the cross taking place where the blue line’s location is below the red line at the moment The oracle strength indicator.
on the other hand is could be considered be giving a downwards direction signal according to the red color shown.
If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the red colors on the arrows could be acting as downward signals.
Now as a conclusion from all the data we acquired up till now I believe that a downward trend would be taking action and that of course if the sell cross was still on the chart sell trades would have the priority as long as the ATR indicator gives selling signals.
http://bigimage.cz/photos/20141209141810668167473.gif

On the last day we noticed that the trend was taking down direction and that's according to the new daily opening which was compared to yesterday lower than that of the last day.
On the USDJPY chart today we noticed that a red down arrow signal is currently located above the price implying to us that for the short term trading a bearish signal is taking place.
I do think that the price level 119.6 would be the best take profit level for now because it's also acting as a strong support and heading down after breaking such level would be really hard.
Finally like any strategy following the rules would be the wisest choice to avoid losses and that can be done if we waited for the check indicator to make a clear red line also red is the color the trader indicator should have in order to be sure that it is the correct bearish trend before making any attempt for sell positions.
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http://bigimage.cz/photos/20141209141810788883301.gif

The USDJPY chart shows a down trend signal as the 2 EMA 5 and 6 are moving below the slow EMA of 35 so I think that I will go for sell positions when the other indicators confirm the bearish direction .
For the parabolic sar indicator there are dots located above the candle that indicates a downward direction also the MACD indicator that is moving below the level 0 shows a sell signal the CCI line is at the lower level that performs a downward signal .
The EMA locations suggest selling until the price shows any opposite bullish signal .
http://bigimage.cz/photos/20141209141810643981899.gif

by viewing the USDJPY chart of the day we conclude that strong bearish trend happened due to the blade oscillator of value 0.718 located below the balance level of the indicator which shows a red signal to conclude a strong indication that a bearish direction happen on the short run.
By the way the moving average 5 on the chart giving us a down indication then the top placed at price 120.08 can be taken as a stop loss point for the sell orders given by the indicators that we deal with them .
http://bigimage.cz/photos/20141209141810797205605.gif

According to what I am witnessing now on the USDJPY chart the price now is giving us a signal that it might keep heading to a bullish trend based on the up channel drawn in front of us.
The lower edge of the donchain channel which got hit by the price giving us by that north signal.
The red bar shown by the awesome oscillator indicator is located below the level of 0 indicating by that a sell signal at the moment.
A bullish signal shown by the buy cross taking place on the stostatic indicator where the lines are located near the level of 20 The buying data shown in front of us could be the right call targeting by that the high level of the donchain channel but before entering any deal it would be wise to wait for a confirmation of up trend from the Awesome Oscillator increasing by that the chance for the buy trades to win almost near the up line of the channel http://bigimage.cz/photos/20141209141810980624154.gif

According to my analysis on the USDJPY chart for today