USDJPY Ready for the short?On this exchange, we can see a fairly congested market. My idea is that the price may return to the demand zone next week, predicting a stronger yen at the expense of the dollar, which has been losing ground for weeks now. However, the price could also violate the supply zone.
Let me know what you think.
Happy Trading to all.
Forex408 Trading Academy
Forex-strategy
EURUSD SHORT SNIPER TRADING SYSTEM:
Simplicity is the key.
There is genius in simplicity.
12 AM 1hr Candle is RED indicating we are looking for the Bullish Set Up.
So we sell EURUSD to the 3rd or 4th Standard Deviation where we will hunt the BUY SET UP.
From one extreme of the ADR to the Bottom. The goal of a Sniper is to catch as many pips in the Daily ADR that the trend will allow.
This system trades the MACRO Pivot Points so we are in the trede when it begin$
Never Over Leverage. Trust your trade set up. Have fun!
I AM TRADING MADE SIMPLE.
Master Jedi & Sensi of #SniperGang
EURUSD SNIPER TRADING SYSTEMSNIPER TRADING SYSTEM:
Simplicity is the key.
There is genius in simplicity.
12 AM 1hr Candle is RED indicating we are looking for the Bullish Set Up.
So we sell EURUSD to the 3rd or 4th Standard Deviation where we will hunt the BUY SET UP.
From one extreme of the ADR to the Bottom. The goal of a Sniper is to catch as many pips in the Daily ADR that the trend will allow.
This system trades the MACRO Pivot Points so we are in the trede when it begin$
Never Over Leverage. Trust your trade set up. Have fun!
I AM TRADING MADE SIMPLE.
Master Jedi & Sensi of #SniperGang
EURUSD Trend WatchShould the current trend on #EURUSD daily chart hold, we can expect to see an upward surge in the monthly levels, with bullish price targets ranging from 1.1000 to 1.1250. On the other hand, in the event that the trend were to break, a head & shoulders pattern may emerge, presenting opportunities for more cautious, bearish investments with price targets around 1.05000 - 1.02500.
Can 0.98800 hold in the EURUSD?Waiting to see if the sellers step aside now from the 0.98800 level or whether they fight to keep it during today's NY session.
FOMC raised by 75bps but NFP came in strong. Was the rate hike enough to kill job growth? GDP is being revised higher by the Atlanta Fed too.
Powell will want to see some demand destruction before easing off the rate hikes. US dollar has done well so far.
4 W D PlayWe devise our strategies from Structure.
We then formulate plays that when Price falls into it identifies key entry and exit targets to execute.
Price has 3 Moves.
We trap those moves with our Wick Formula and 17:1 ADR Strategy Set Up.
Price has broken a low. It is setting up for our play.
Clearly Liquidity has been swept and price is indicating a bias to the Low.
Now we wait for an entry to present.
When it does; we will be ready.
As always Never Over Leverage.
TRUST your trade set up.
Have Fun!
I AM Pro Trading Made Simple
EURCHFHi traders...been a while since I posted...just encumbered with school examination.
So, here on the EURCHF, price have been moving correctively upwards and towards a strong supply zone. By this, we expect a reversal to the downside, at least to the nearest swing low. However, we will not be predictive about this move, but reactive to price action on this zone, with confirmation from our various strategies.
Thanks and good luck.
Don't forget to like, comment and follow for more analysis and educational contents.
DXY BearishHere on the Dollar index, we can a clear break of Trendline, afterwhich price created another correction (which is a continuation pattern). Therefore, we expect to see some bearishness on the DXY.
However, this may be for a short, as the USD still possess strong longing sentiment. Trade with proper risk and trade management.
Thanks and good luck.
Please, do well to like, comment and follow for more analyses and educational contents.
POW Edge Reversal is HERE 🚀🚀🚀🚀🚀🚀🚀We've been sharing ideas on this strategy for quite some time now as part of our 'forward testing' approach and log.
In this video, I run through the strategy, how it works and how it can help.
Everything we do at POW is based on 'proof it works' - this is no different and you'll see this in the data I run through for you.
Any questions about gaining access please drop me a DM on here.
This just shows how powerful Pine script is - to automate a strategy and confirm you have an edge in the market.
Removing stress, decisions, overwhelm and all of the emotional struggles trading can bring.
Let me know in the comments what you think please - be nice right 😅?
Please scroll through some of my previous ideas to see some trades in action.
Regards
Darren
CHFJPYWe may experience a short term sell from the CHFJPY in line with what we have on other JPY pairs, as theYen is about to make a correction after its recent weakness.
Do check out other JPY analyses from links below.
Thanks and good luck.
Pls like, comment and follow for more analysis and educational contents.
DXYAs we can see, the USD is losing momentum correctively to the upside. If we relate this to what we have in the EURUSD, it reveals a bearish reversal on the DXY in line with the divergence spotted on the MACD. However, we expect the market to make few more pushes to the upside as the Previous High poses a strong resistance for reversal.
Thanks and Good luck.
Please like, comment and follow for more analyses and educational contents.
GOLD BANKED 26% / +700 PIPS from last week + NEW TRADE PRINTED !GOLD banked nicely from a trade entered last week on the 15M time frame.
Also another trade since then (buy) which has just closed and banked circa 1% with a new sell trade just being printed
Details are on the chart. we work to TP3 or close on the reverse signal printing. Please use your risk management.
Every trade is detailed below in the strategy tester to see the account's growth over time.
Thank you.
Gold hit TP earlier. 😎👌Gold H1 Strategy, see data below the trade idea.
Equity graph and trade history is shown...
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
GBP/JPY Potential 65 Pip BREAKOUT To The Upside!!Here we have another nice clean GBP/JPY set up. GJ has been moving aggressively to the downside since the start of the trading week, dropping 170 pips from a major area of resistance at 141.250 (1D TF) all the way down to a major area of support at 139.500 that I have also identified on the Daily timeframe. As of now, the market is currently in a consolidation phase which is a NO TRADE ZONE. I want to see the market break out of the consolidation zone, breakthrough the resistance at 140.120 for me to enter a buy position. Risk-Reward on this trade will be around 7:1 aiming for 65 pips targeting the previous high.
The last GBP/JPY trade I took yesterday hit my take profit of 40 pips, feel free to take a look at my last post to see how I caught that trade!
Feel free to leave a like on this post if you agree with my set up, discuss your ideas/ opinions in the comments section and also follow my profile for more quality trading set ups!
GBP/JPY 60 PIP MOVE TO THE DOWNSIDE!GBP/JPY has recently been moving to the upside, however upon todays trading session's there has been a shift in trend from the upside to the downside. As you can see, there has been a break of the trend line which indicates the shift in trend(140.735), price retested the break and continued to the downside towards an area of support that I have identified on the 1H timeframe(140.100). As of now the market has broken the support area and is testing it as resistance. If I get a resistance confirmation upon the support break, there is a big chance the market will drop around 60 pips and target the 139.510 area.
Feel free to like this post if you agree with my analysis, follow me for more content and share your thoughts in the comments section! :)