Eurjpylong
EURJPY BUY IDEA (WAITING FOR IT TO CROSS ALERT)EURJPY is sitting on the fence between bearish and bullish territory, according to Marketmilk.babypips.com. Waiting for it to cross alert at 130.613 before entering. If you see something different on the chart, please comment below. Otherwise, if you'd like to participate in this trade, please use proper risk management and create an alert for 130.613 entry.
EURJPY 130.539 + 0.29 % LONG IDEA * PRICE ACTION & STRUCTURE HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / TURKISH LIRA .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
EURJPY - LONG #EURJPY is trading in a long-term bullish trend .
The last structure high was set 17th of March.
After that, the price is trading in a consolidation.
From 31th of March, the price started to coil within a narrow horizontal trading range.
To catch the next trend-following move, wait for its bullish breakout.
Next goal will be 131.5
In case of a bearish breakout of a blue major channel, chances will be high to see a reversal.
EUR/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to waot for a confirmation!
EUR/JPY: Day-Swingtrade-Preparation
Market-Buy: 130.615
Stop-Loss: 130.240
Point of Risk-Reduction: 130.940
Take-Profit: 131.800
Stop-Loss: 35 pips
Risk: 0,5% -1%
Risk-Reward: 3,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
** EURJPY ** that makes it 2 out of 2 for EJ Morning 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.
Breakout Identified in EURJPYThe Breakout Opportunities system has just bought EURJPY at 130.345. The system recommends entering this trade at any price between 130.183 and 130.488. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.29, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 129.697 and a profit target has been set at the 1 Day ATR level at 130.917. 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: 75790
Time Issued: Tuesday, 20 April 2021 01:32:16 GMT
Status: open
Entry: 130.183 - 130.488
Limit: 130.917
Stop Loss: 129.715
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.
** EURJPY ** will it be 2 out of 2 for EJMorning all
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.
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EurJpy to rise to 132 resistance?EurJpy is in a clear uptrend for quite some time now and, from the beginning of the month the pair is consolidating gains just under 130 important figure.
In my opinion, this resistance will fall and EurJpy will rise to the next resistance at 132
That being said I will search for opportunities to enter long on dips around 129 support
A dive under 128 would negate this bullish scenario
Breakout Identified in EURJPYThe Breakout Opportunities system has just bought EURJPY at 130.41. The system recommends entering this trade at any price between 130.3 and 130.553. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.475, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 129.971 and a profit target has been set at the 1 Day ATR level at 130.981. 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: 75758
Time Issued: Friday, 16 April 2021 07:47:15 GMT
Status: open
Entry: 130.3 - 130.553
Limit: 130.981
Stop Loss: 129.971
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.
EURJPY "potentially" forming false trnedline breakout....Alright so, you'll see I have two red zones drawn, I am bullish on this pair but I'm not sold on the idea it is ready to pump 150+ pips upwards yet.
This is a riskier sell potential so it's best to wait for the confirmations.
Right now a position is being built at 130.20.
The question is...is this position going to be truly bullish or is it a manipulation move to entice people long? That I don't know yet.
I look for trap/manipulation setups so i'm analyzing based on what I'd like to see.
I'd like to see price break the tiny bearish trendline, and spike above atleast one of the swing points within the trendline, best case scenario is we break just above march's high.
If price breaks above one of those, and we get a BULLISH engulfing, that gets reversed on, I will start looking for shorts to 129.20
That will confirm enough for me that they pulled liquidity above the march high, and we should see a sell off.
Just watching for now.
Let's Elevate,
-Gio
Breakout Identified in EURJPYThe Breakout Opportunities system has just bought EURJPY at 130.427. The system recommends entering this trade at any price between 130.292 and 130.57. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.576, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour low of 129.888 and a profit target has been set at the 1 Day ATR level at 131.001. 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: 75703
Time Issued: Tuesday, 13 April 2021 02:38:15 GMT
Status: open
Entry: 130.292 - 130.57
Limit: 131.001
Stop Loss: 129.888
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.
EURJPY SHORT TERM SELL, LONG TERM BUY ProjectionTechnical Analysis
1. Rising Wedge forming
2. Hit Level 1 of Fibonacci Expansion Level
3. Completion of a Flag Pattern Take Profit (Of the Flagpole breakout) on shorter timeframe smaller timeframes (Circled in WHITE)
4. Market is expected to break out of the trendline, hitting our Fibonacci Expansion Level of 1.618 which would push down the market to an area of confluence
5. Using the new Highest Point from the Fibonacci Expansion Level of 1.618 and Rising Wedge Peak, we would project the fall to the new Fibonacci Retracement Level
How I would approach this.
1. Sell to 127.150
2. Buy from 127.150 to 136.250
3. Sell from 136.250 to 124.270