Here are the monthly pivots for position traders who look to hold a trade for 2-3 weeks shown on daily charts. The theory is to sell off M3 and target M1 and/or to buy M2 and target M4.
I have simply based this post on either USD or JPY strength/weakness to see the relationships within those currencies. I do not see congruence throughout these charts so some might work but some will fail and I would expect that in my planning of a trade. Watch for fundamentals to give direction as well and then line up strength/weakness for the better opportunities!
Another way to trade these can be to use weekly pivots after they print and try to align them with the monthly pivots thus creating better odds while trading your bias all together.
Perhaps Wayne will offer opinion throughout the month as well for follow up to the trading course.
Lets see how it plays.