japanese yen target .... bottom in sight?

The japanese yenlooks to be very close to putting in a bottom as we are currently closing in on a downside target of 8493 and I will be taking a long position here as I believe the 5th wave will complete here. (again this is a low risk trade as I will be risking about 30-40 points on the downside.)

 as we still have about 90 points on the down side left to go I will be watching for this target to hit.

Cotton thread…low risk buy?

March cotton has possible ended the 5 of 5 of 5 as it held the 58.65 . As the second target for the 5th and final wave lower. It does present a low risk buy with a stop placed below the day's low …

If we happen to break decisively lower the last target comes in at 54.97… we will see what happens…

Good trading