Just wanted to post a quick chart of the 4 hour timeframe for the EUR/JPY pair. There is quite and obvious divergence between the direction of prices, and the conviction of volume supporting these prices. When divergences occur, there is no gaurantee as to the "who, what, when, where, and how" of the particular moment when something gives, but the one gaurantee in situations such as the one illustrated in the above chart is that something WIL GIVE. It's simply a fact, and as traders we need to define these situations, observe them, have a plan of action, and then execute your actions according to your prescribed plan, hopefully taking some profit in the end....
I will keep an eye on this, and you should too. When that 'something' gives, there will be money to be made. The change creates the necessary imbalance between buyers, sellers, emotions and realities that we look for in charts to tell us that a 'high probability setup' is in the making, or fresh for the taking. Also, we always want to use appropriate stops when attempting to catch a divergence break, there can be multiple attempt/headfakes. We can and will always be able to get back in to catch the break, so there is no need to feel as though we must front-run it to ensure a profit. There's no need to front-run anything, there's always another trade.
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