Results: 3/9/2008: Intraday Time Forecast for USDJPY

Price made a small reversal - more of a pullback I should say, from the forecasted 12:00 gmt (+/- 1hr), a total of 32 pips from A to B. A more outstanding action followed from point B onwards when price continued its southward journey to point C - for a cool 60+ pips move.

As we can see from this scenario, forecasted timing bars may not always be a mega reversal or a breakout but also show up as a pullback - an opportunity to re-enter.