Breakout Identified in AUDJPYThe Breakout Opportunities system has just bought AUDJPY at 84.624. The system recommends entering this trade at any price between 84.5 and 84.778. The signal was issued because the AUDJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.266, suggesting that the AUDJPY may have further to rise. A stop loss has been set at the 24-hour low of 84.128 and a profit target has been set at the 1 Day ATR level at 85.239. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 75963
Time Issued: Monday, 03 May 2021 07:10:15 GMT
Status: open
Entry: 84.5 - 84.778
Limit: 85.239
Stop Loss: 84.128
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Past Performance is not an indicator of future results.
Audjpylong
Possible trend shift in AUDJPY – going longThe Tidal Shift Strategy has just bought AUDJPY at 84.727. The system recommends entering this trade at any price between 84.568 and 84.886. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.656, which suggests that the AUDJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.127, so the stop loss has been set at 84.093. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours.
Signal ID: 75935
Time Issued: Friday, 30 April 2021 01:00:16 GMT
Status: open
Entry: 84.568 - 84.886
Limit: N/A
Stop Loss: 84.093
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.
Past Performance is not an indicator of future results.
AUDJPY facing bullish pressure, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal overlap support, where we could potentially see a bounce and further rise up to 1st resistance, in line with 78.6% Fibonacci retracement, 78.6% Fibonacci extension and horizontal swing high resistance. Price is also holding above the Ichimoku cloud and ascending trendline support, showing bullish pressure in line with our bullish bias.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDJPY - FOREX - 26. APR. 2021Welcome to our weekly trade setup ( AUDJPY )!
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1 HOUR
Bullish market open.
4 HOUR
Closure above main sr level.
DAILY
Overall bullish market structure, expecting more pressure!
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FOREX SETUP
BUY AUDJPY
ENTRY LEVEL @ 83.730
SL @ 83.165
TP @ 84.530
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
** AUDJPY ** currently climbing toward TPMorning all, happy tuesday.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
[AUDJPY W1 Apr 2021]AUDJPY
Long Setup
Continuation trade:
Final target: 91.0000
Bullish kangaroo tail found on H4 timeframe, SL may be placed beneath the tail.
This price also marks the retracement of 61.8% a possible Wave-2. We're entering a possible Wave-3, which is the strongest impulsive wave, according to Elliot Wave Theory
AUDJPY - Bullish BiasAUD - BULLISH
1️⃣ The positive risk tone supported the antipodean AUD.
JPY - BEARISH
1️⃣ Rising US yields weighing on the JPY.
2️⃣ Risk-on tone pressured the safe-haven JPY.
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Technical
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We are looking to buy the AUDJPY at RBS + above SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
AUDJPY BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity AUDJPY .
I still did my best and this is the most likely count for me at the moment.
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Patience is the If You Have Any Question, Feel Free To Ask 🤗