Eurjpysell
EUR/JPY: swing SHORT TRADE setup and parameters 126.50 to 128.00 is SELL zone, in principal the overshoot is taken into consideration and is part of the plan
128.50 is strict STOP level
I do expect certain kind of lower move anytime by Tuesday's close. when happens just lower the stop to lock some gains. closing some portion is also okay. of course there many more money management strategies that can be used to maximize the gains. but I approach this sharing to help beginners and also the professional ones as the quality of this trade plan is high grade.
the target is clear and sort of minimal. of course, I repeat, there are many ways to increase rewards and decrease risks. but for now let us stay with the TRADE.
feel free to contact me and we together may check ways to be focused to serve your individual trading needs/targets better.
as always, good luck !
EURJPY - SWING - 17. AUGU. 2020Welcome to our weekly trade setup ( EURJPY )!
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1 HOUR
Very bearish price action and pressure.
4 HOUR
Great short entries, prices looks like we are going to turn bearish now.
DAILY
Overall bullish market about to turn.
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FOREX SWING
SELL EURJPY
ENTRY LEVEL @ 125.780
SL @ 126.620
TP @ 124.570
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURJPYThe overall trend is bullish.
But right now the price is in the state of uncertanty.
There are chances that we can see a pull back to the downside as the the price cannot break the upper trendline.
So we should act as usual depending on the price action at the moment.
Don't forget about risk management and always leave space for little mistakes.
Remember nobody knows where the price will go next. But there is 100% assurance that it will either go to the upside or to the downside.
Cheers!
EURJPY - SWING - 27. JULY. 2020Welcome to our weekly trade setup ( EURJPY )!
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1 HOUR
Bearish price after forming new highs.
4 HOUR
Bearish reaction from previous top.
DAILY
Market turning, good short entries!
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FOREX SWING
SELL EURJPY
ENTRY LEVEL @ 123.450
SL @ 124.180
TP @ 122,410
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURJPY approaching resistance, look out for potential reversal!
EURJPY is approaching its resistance at 122.208 where it is could reverse down to its support at 121.203.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.