EURJPY Trading Plan - 17/Sep/2021Hello Traders,
Hope you all are doing good!!
I expect EURJPY to go UP after this correction
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Eurjpylong
EURJPY A1 Long C Grade (Idea)This trade idea on EJ was one of two trdes that presented today, both at 9:15 CAT, 15 minutes after London open. In my notes you can see why I avoid these types of trades, and it has once again saved me money to avoid less probable trades. The other trade was a winner, and fair it did have less knocks than this idea, but it still has both parametres that I avoid trading. Today is another flat day for me but here are my ideas.
EURJPY Long updateTrade was taken, stop loss placed below the wick of the candle that broke the high of the previous candle, partial position was closed at 10 pips with the rest of the runners having a stop loss at break even.
This was a perfect set-up, when we scalp these ranges all we look for are predominantly 10 pips, manage risk and enjoy the day.
Will continue to look for more trades, if this idea helped you out please leave a like and let me know what you think!
EURJPY buy ideaNot much analysis to go over with this potential trade, we are currently trading within a range where the resistance is signifacntly strong meaning any bullish momentum beyond this could be a continuous move to the upside.
The key here is to watch out for potential fakeouts that we have seen over the past few trading days, the market is having a blast with fakeouts in ranges so it is important we only take trades with high probability set-ups.
As always, if you like this potential idea and have any feedback, please leave and like and comment. If you have any requests for pairs or suggestions feel free to let me know, I'll be happy to get back to you :)
EUR/JPY : SWING PRICE ACTION - PRICE IS GROWING ! LONG SETUP ⚡️Hello Everyone, I hope you'll Appreciate our Price action Analysis !
Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools.
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Have a Good Take Day_Profits !
EURJPY: Two Trading OptionsThis is an illustration of the two potential trading scenarios that may present themselves in this region.
Option 1
Price fails here after wiping two previous high liquidity points and comes back to mitigate buyers before rising again.
Option 2
Price pushes higher to regain liquidity from some long term sellers before continuing bearish down to the structural region.
What option are you going for?
Trade idea - EURJPY BUY opportunityAnticipation of the Golden cross(Crossover of 10 moving average over 20 moving average) occuring on the daily chart.
This setup convinces us to go long on this pair and we have a bias to BUY this pair above 129.50 with the view that it will cross 130.00 and beyond.
EUR/JPY BULLISH
I started of by noticing a bullish reaction to a level of interest to the upside in the daily chart. In order to confirm the bullish directional bias, a major accumulation was identified in the 60 min chart. However a minor accumulation within was formed and a trade was taken upon confirmation , in the event of confirming the previous major accumulation an even smaller accumulation was formed and a trade was additionally taken based on it. After the consecutive minor accumulations the market picked up enough momentum to confirm the major accumulation which we are now looking to participate on, given the conditions remain bulllish and the accumulation is not invalidated.
For more in depth explanation or discussion. Leave a comment below requesting.