Getting ready to go LONG on JPY - Looking at AJ, GJ & EJFundamentals and technicals pointing towards a strong Long on the JPY pairs
Currecny correlations between AUD/JPY, GBP/JPY, EUR/JPY & USD/JPY are all pointing to a reversal soon which further increases the probability of JPY strength and the short to medium term.
Let me know your thoughts.
Gbpjpyshort
Selling $GBPJPY here - adding another sell order Trade type AAA
Reasons for taking this trade:
- We had weekly supply zone.
- There is internal liquidity waiting to be cleared.
- 30 mins candlestick has closed bearish engulfing.
- We hit 30mins supply hence we got our reversal accumulation.
My previous idea is still in profit
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
Sell GBPJPY SW 170423 10.00📌📌Signal Sell GBPJPY📌📌
Link :
📍📍Open order 166
Sell lim 1 166.5
Sell lim 2 167
Sell lim 3 167.4
Sell lim 4 167.9
Sell lim 5 168.4
Sell lim 6 168.9
Sell lim 7 169.35
Tp 163.4
Sl 169.9
Warning !!! (Swing trade must be used pending orders)
!!!Pending orders should be set up lot size step by step
Example
(15,000$)
Open order 0.15 lot
Buy/Sell lim 1 0.20 lot
Buy/Sell lim 2 0.25 lot
Buy/Sell lim 3 0.30 lot
Buy/Sell lim 4 0.35 lot
Buy/Sell lim 5 0.40 lot
Buy/Sell lim 6 0.45 lot
Buy/Sell lim 7 0.5 lot
Example
(3,000$)
Open order 0.04 lot
Buy/Sell lim 1 0.05 lot
Buy/Sell lim 2 0.06 lot
Buy/Sell lim 3 0.07 lot
Buy/Sell lim 4 0.08 lot
Buy/Sell lim 5 0.09 lot
Buy/Sell lim 6 0.10 lot
Buy/Sell lim 7 0.12 lot
Example
(2,000$)
Open order 0.03 lot
Buy/Sell lim 1 0.04 lot
Buy/Sell lim 2 0.05 lot
Buy/Sell lim 3 0.06 lot
Buy/Sell lim 4 0.07 lot
Buy/Sell lim 5 0.08 lot
Buy/Sell lim 6 0.09 lot
Buy/Sell lim 7 0.11 lot
Example
(1,500$)
Open order 0.02 lot
Buy/Sell lim 1 0.03 lot
Buy/Sell lim 2 0.04 lot
Buy/Sell lim 3 0.05 lot
Buy/Sell lim 4 0.06 lot
Buy/Sell lim 5 0.07 lot
Buy/Sell lim 6 0.08 lot
Buy/Sell lim 7 0.10 lot
!!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
GBPJPY trend reversal GBPJPY
here we have a markup showing the last shifts from this pair, now we have shifted away from our last buy range formed we have a clue that we could be getting ready for a short move on GJ. just because we have this shift in ranges does not mean we are 100% going to bearish, so we will only be looking to take a confirmation sell from the supply zone highlighted above.
following our order flow back and tracking the volumes is showing sell side coming in strongest we have had in this current trend to date.
of course we will see how price plays out before hitting our zone if it does get back there!
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
Sell GBPJPY SW 030423 14.25📌📌Signal Sell GBPJPY📌📌
Link :
📍📍Open order 164.45
Sell lim 1 165.2
Sell lim 2 165.9
Sell lim 3 166.63
Sell lim 4 167.35
Sell lim 5 168
Sell lim 6 168.78
Tp 160.85
Sl 169.73
Warning !!! (Swing trade must be used pending orders)
!!!Pending orders should be set up lot size step by step
Example
(15,000$)
Open order 0.1 lot
Buy lim 1 0.15 lot
Buy lim 2 0.20 lot
Buy lim 3 0.25 lot
Buy lim 4 0.30 lot
Buy lim 5 0. 40 lot
Buy lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot
Example
(3,000$)
Open order 0.04 lot
Buy lim 1 0.05 lot
Buy lim 2 0.06 lot
Buy lim 3 0.07 lot
Buy lim 4 0.08 lot
Buy lim 5 0.10 lot
Buy lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot
!!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
GBPJPY Possible Sell - 320 Pips opportunityGBPJPY has a bearish close on Weekly chart but if you analyse Daily Charts it has 3 indecision candles on supply area which signals a possible reversal.
My Trade idea is as follows
Sell around 166.60 area , TP 1: 165.40 ,TP 2: 163.40 , SL: 167.40
320 PIPS OPPORTUNITY , USE PROPER MONEY MANAGEMENT
This idea is for educational purpose only.
Selling $GBPJPY hereTrade type AAA
Reasons for taking this trade:
We hit weekly supply zone.
Liquidity pool above 166.630 has be cleared.
We are at premium price level hence a retracement is inevitable.
Trade type glossary:
Trade type AAA - Very good
Trade type BBB - Good
Trade type CCC -🧐
I usually use trade types to determine the amount of risk to use:
In AAA - 1, 1.5 and 2%
In BBB - 0.5%
IN CCC - 0.25%
GBPJPY SETUP Hello guys,As we see gbpjpy is moving bullish and now has reached near to its major daily resistance (167.677 )and there is really good sell opportunity. But as always remember dont enter right now wait until it gives confirmation on daily time frame which i think most probably it will give us at the end of this week or the start of next week than you can enter sell and you can get atleast 300+ pips . Enjoy the profit if you are having any difficulty let us know we will be happy to help you
GBP/JPY about to reach Resistance level, should you sell?After hitting the dynamic support level last week, GBP/JPY has rallied quite strongly. Price is currently
just below the resistance level and looking at the momentum, it seems GBP/JPY has a high probability to
reach the resistance level that I have highlighted in my chart.
Traders should adopt a "wait and watch" approach for now and see the price action at the resistance level.
If we see some bearish price action with rejection candles at the 166.40 level, traders can consider selling.
Probable Trade Signal
Sell GBPJPY@166.40
Stop Loss(SL): 167
Take Profit(TP): 163.51
The above signal will be valid only if bearish price action forms at the mentioned resistance level
GBPJPY - SHORT Low Risk 1:87 RR GBPJPY it's in a big divergence on the 3M / 5M Chart with the AO and RSI. Chart points towards an uptrend, but the other indicators are showing a big berish movement.
Dear trader this is not financial advice is just my own analysis.
Follow the Sell Area and always use SL.
Let me know if this helped.