$ ¥

In last nights post i asked ' would you buy $/jpy here?'......well the Metatrader data feed distorted the chart enough to put doubt in my mind as we had broken through the blue UMLP and i was looking for a retouch on the line ( circled above) before price rising.....it's clear enough in this e-signal chart but compare to last nights posting '$ Jpy...possible entry' and subsequent Meta Trader charts. A nice tight stop would have given you a very low risk trade........and now we have the Multi Pivot Line providing support (magenta pink above). This again supports the view that a first class multiple Interbank FX feed is essential to get your ML's and other market structure correctly positioned and to trade effectively.