Transactions (FX) and (DJI)

quick updates on both of the market I watch:

Dow Jones Industrial Average (DJIA)
Cash market closed at 11,357
Closed CFD Long entry at 4am at +47 points.  And it started to fall from then... :) Lucky!

Today's queue:
Long DJIA Entry 11280 SL 11240 TG 11400
(Futures market is currently doing correction and coming very close to my entry price)
Short DJIA Entry 11453 SL 11493 TG 11300

USD/JPY

Breakout from 81.50 resistance and already break above 82.00 level.
The breakout is too fast and I decided not to trade.

Clue 1:
from Intraday chart (30M, and 4 Hour) USD/JPY is currently doing retracement from current top 82.80 region.  If the rally is going to continue, it is very likely to find its support at 82.00-10 and race towards 83.00.

Clue 2:
from Day chart, EMA4 and EMA20 crossing! Presenting a bullish signal as I have laid out on my weekly forecast.

Clue 3:
Once USD/JPY breakabove this top 82.80, it would continue to rally towards 84.50 region.

Clue 4:
However, from another point of view (Bearish), this top also a resistance level that would push the dollar yen down (trend line), if the support of 82.00 failed and we would very likely to see a pull back to 81.50 followed by 80.50.

As always mentioned by mentor JC and sifu DAR Wong, a trader should not have conflicting views in a market (meaning having Long view and Short view at the same time), my view is that USD/JPY will do a little bit of pull back to 82.00 region and continue to 83.00 or higher at 84.50, but everything just happened too fast and I don't see myself in this trade, therefore, Ayumi no trade on USD/JPY and see how the market unfolds.

Metta to all~~!