Eurjpysetup
EUR/JPY Short Trade UpdateHey Guys! Just a quick update!
As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 114.40 before reaching 133.68.
In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY Trying To Close Above Our Res And Long Setup Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/JPY Short Trade UpdateHey Guys! Just a quick update!
As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 133.68 before reaching 114. 40 .
In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
Mar 1, 22 EUR/JPY one year low-Buy Opp?Looking at the Daily chart, EUR/JPY has touched a one year low today. Will it keep going lower? Or is this a good time to get into a Buy Opportunity?
We will still need to look at the next few days to see what's in store for price action movement. As in my system, I will be looking for a Bullish Divergence Candle to confirm a good entry point for a Buy opportunity.
I will keep you posted.
Heiko
EUR/JPY Full Analysis And 2 Best Areas To Put Your Buy OrderThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/JPY Short Trade UpdateHey Guys!
As you guys know the current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 133.68 before reaching 114. 40 .
In this video, I explain the short position I'm currently holding and the reasons why I took the entry, as well as how I plan to trade this set up in the coming weeks.
Moreover, I review how I have been trading this short set up for the last couple of weeks.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY Short Trade UpdateHi again guys!
I just took a counter bias trade long at 131.16 with a stop loss at 130.87. The target, due to this being a counter bias trade, will be decided on short term price action .
If there are any signs of short strength on the lower time frames, I will abort this counter bias entry.
Ok Guys!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the EUR/JPY for the new week ahead
EUR/JPY I am expecting a pull back into the order block zone for a sell trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please follow like and comment thanks
EUR/JPY Short Trade UpdateHey Guys!
Like I mentioned yesterday, I took a 3rd short entry on the Eur/Jpy with the same risk parameters as the previous 2 short entries with stop losses at 133.68 and the main target at 114. 40
Again, I took this 3rd short entry due to 5M extreme short term short strength like I mentioned I will be doing in the last post.
I'll keep you guys up to date!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY Short Trade UpdateHey Guys!
As you guys know I currently have 2 short entries at 131.67-70 levels with both stop losses at 133.68 and the main target at 114. 40 .
Upon my 2nd entry, due to the failure of long strength retaining its pivot low, long strength began to kick back in with a recovery of price
back to the 1h minor pivot high. Then furthermore, a 1h upward trendline break out then break back in showed regained long strength.
However, I did not abort both short entries due to the reasoning, that if my weekly bias of being short, or in other words price will reach 114.40 before reaching 133.68 is wrong,
that 2nd entry point's price action of extreme long strength should not have failed, and prices should have shown extreme long price action before reaching its pivot low.
Thus, I retained both short entries with the specified risk parameters. Moreover, as we had the wild price action long, there were no signs of extreme lower time frame long strength.
That said, I did not enter a 3rd entry at this point due to only signs of waning long strength on the 1/5/15m charts.
So at this point, I will only be willing to take a 3rd short entry with the same risk parameters, if price can show me signs of extreme short strength. This will be for example, a 1h upward trendline
Break out, then immediate break back in showing long strength, but that pivot low still being reached for this shows that "Although there was long strength, short strength was able to override it", which shows extreme short strength.
Ok that's it guys!
I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY Short Entry UpdateHey Guys!
As you guys know, last Friday I took a Short Entry at 131.67 with a stop loss at 133.68 and the main target at 114. 40 .
2 hours ago, I took another short entry at 131.70 with the same risk parameters.
The reason for the 2nd entry short was due to short term short strength coming back in .
As you can see on the chart, first there was a 1m fake double bottom that reached its target height level before reaching the 2nd bottom's stop loss level. This signals short term long strength.
Moreover, there was a 1h upward trendline breakout then immediate break back in. Which also signals short term long strength.
Now, if there was truly short term long strength, price should not reach the 1h pivot low of the break back in confirmation and the 1m fake double bottom.
However, price reached that pivot low. Signaling, that although there was short term long strength, short term short strength was able to over ride it, showing strong short term short strength.
So for the time being, I have 2 short positions with the risk parameters mentioned above. But since price is making rather complicated short term signals, I will be watching for any signs of short term long strength kicking back in.
If it does, there is the possibility that I will abort both positions to see if I can get a better short entry at higher levels.
I'll keep you updated!
Have a great day guys!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY Short Trade UpdateHey Guys!
I took a Short Entry at 131.67 with a stop loss at 133.68 and the main target at 114. 40.
As you know in my last update, I was talking about short term long strength coming back in, but yesterday, price began to give mixed signals.
I was expecting a possible nfp range however, I got an nfp wild price action situation.( Price commonly gives mixed signals and price moves wildly on nfp days)
None the less, I took a short entry at the specified level.
Moreover, there was still short term long strength on the 15M chart with a Upward trendline breakout and immediate break back in, so typically I would wait for a deeper pullback for the short entry however;
Due to it being a nfp release day, and price can possibly move erratically, I entered a short position.
For the time being, I will see if I can get a further pullback to perhaps 132.67 for another short entry.
Like always, I will be watching the lower time frames for signs of short term long strength to wane. If it does not wane close to the stop loss level of 133.68, I will abort both short positions.
That's it!
Have a great day guys!
Ken
Disclaimer: This is not Personal Financial Advice.
EUR/JPY Full Analysis And New 2 Long Setups To Get 300 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURJPY 1D Analysis & Trading StrategyHello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
TELEGRAM : in description ( we will start on January 17, 2022 )
EurJpy can drop 500 pipsTwo days ago I said that EurJpy could correct some and reach 130 zone. However, the pair looks very weak and seems like a break of support is imminent.
Looking at a longer TF, we can see that the pair has formed a very large double top starting from April, and a break here would confirm the pattern.
I'm bearish this pair and I think that the 500 pips target from the double top will be reached in medium term.
Sell rallies can be a good strategy and EurJpy above 130 would negate this scenario