DONT MISS ITfound good setup on GBPJPY for long . stick to 15 pip stoploss and use proper money management.WISH YOU ALL THE BEST.dont forget to like and follow me it motivate me to keep sharing my personal entries to public
Gbpjpylong
GBPJPY - Daily Trade Idea - 5-Jul-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPJPY New Entries + Exits (Best Reverse Strat Ever)My forex course regarding my strategy in full will be released this month!
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
0207 GBPJPY wkly plan sidways bfore new highHello traders,
GBPJPY made a good trade for us last week with Reward to risk rate higher than 4.
2906 GBPJPY broken channel for sellers with RR>4
Just a simple broken channel strategy.
Now taking back wkly chart to review, this pair's price action just a simple sideways movement above wkly EMAS. It would finish sideways on wkly chart soon to make a wkly breakout to new high, up to 173.30.
The big pic ABC wave (orange) on wkly chart and the purple ABC wave on 4H chart are different. They provide different idea to trade.
On wkly chart, you should wait for a breakout signal to follow buy.
On 4H chart, you can buy when price pull down to make a correction, and target resistance zone . After breaking the resistance zone , you can follow the idea on wkly breakout strategy to trade.
So your trading timeframe will define your trading timing.
Anyway, I would prefer to buy this pair next week and make 4H plan first.
Good luck!!!
LESS IS MORE!
GBPJPY - Bullish with bearish opportunitiesWeekly:
Price has double topped on the weekly time frame, hasn't broken the high of 168.710 or the low of 155.609, from a macro perspective price is technically still in an up-trend
Daily:
Price has triple topped on the daily time frame, hasn't broken the high of 168.710 or the neckline low of 161.727, the daily candles are in a weak bullish up trend
Lower time frames:
Price has attempted to double top the 167.855 however fell short on the second rally up at 167.444. Price is slowly making its way back up to key supply areas highlighted in red
Price has retested the 164.646, and since then has continued to go up in a tight regression channel inducing prospects to take a position.
Trading Plan:
For now I will be looking to enter positions on the up trend retracements and looking for a short scalping opportunity on potential 'long squeezes' in major supply area's highlighted in red.
Long and Short scalp positions if timed correctly and managed sensibly can be profitable. Managing risk is key.
Green arrows are accompanied by long tool, red arrows are not accompanied by short tools as this is not my main focus but an opportunity to watch out for.
GBPJPY - Daily Trade Idea - 28-Jun-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPJPY A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 167.400 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: GBPJPY Waiting for the Range Bound and the beginning of the Ascension Trend.
GBPJPY - Daily Trade Idea - 27-Jun-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPJPY: Bullish Inside Bar + Pin BarGBPJPY – SPOT: Buying On A Breakout Above The Bullish Inside Bar + Pin Bar (Combo Setup)
Price Action: Price formed a Bullish Inside Bar + Pin Bar (Combo Setup) overnight.
Price moved higher from the Inside Bar Pattern that had formed earlier this week (We did not consider trading this pattern).
Price moved higher from the prior Bullish Fakey + Pin Bar Setup that had formed late last week.
Potential Trade Idea 1: We are considering buying on a breakout above the Bullish Inside Bar + Pin Bar (Combo Setup).
Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the prior Bullish Pin Bar Signal (Which is a part of the prior Bullish Fakey Setup).