Currently in a Long position. Price has been choppy. Price did fall but didn't break previous low so I'm going to hold position and aim for the previous days high into London session. Good luck trading Risk Management#1
Price made slight highs from 189. 35-55 in past 3 days. High time shows buyers in market. Sell side liquidity at 187.869. Bears are pushing price down to previous day low. needs to see more rejection to topside . Check my Profile for more information... Good luck traders. Risk Management
GJ is in a rising wedge on the 30, after the retest to the high marked the red ovals. look to see price come back toward the 166.200 lvl. We need a break and a retest to that lvl before entering for a short.
Thinking of frying multiple hatched eggs, :) lol Hope market is happy if I milk it
Hello Traders, Back with another review! We are looking at yens overall for potential reversal with eyes on GJ. Should price remain below May monthly high 163.800-164.00 zone We could see more downside correction to the 157 price zone. this could take a few days or more. Otherwise, above 164.200 no short trade. As always, only trade what you're...
Here was a great day for many traders trading GJ. Most traders are aware of GJ being one of the more volatile pairs, although today was volatile it followed simple patterns, reaching highs of 161. and then reversing to low 160. I opened various trades through these motions at different prices, my mistake was not sticking with my original opening trade as It meant...
Price is still bullish and rallied today 100+ pips. Support was found at 160.50 level. Possible rejection around 162.50 if price wants to push higher towards the previous supply zone. I'm personally looking for sells. Looking for a strong bearish candle to break 50 ma. There's money on both sides but if price doesn't break the 162.50 level I feel sellers will...
Price has shown a strong rejection from the high and printing a good bearish candle signaling sellers in the market. Taking price to previous lows + around the 156.00 level. Possible start of downtrend.
Price has been bullish for the past 6 days and looking to test a daily supply zone from June 16th and previous days in June, possibly testing higher. I'm a seller by nature so I'm looking for price to show STRONG bearish candle to trigger sellers in the market long term. Rsi is overbought and attempting to retest highs. A minor rejection at 155.25. Don't think...
Price has broken a supply zone and found rejection at 154.50. Possible push to the next supply zone 155.15-25. I'm personally looking for shorts. Looking to see if 155.50 will hold rejection to take price down to 153.25 area. Still very bullish. small pullback. will check in asian session.
LET'S SEE IF THIS CUP AND HANDLE SET UP IS FOR THE WIN. I THINK PRICE MAY GO TOUCH THE TREND LINE BUT IT MAY ALSO REJECT AT THE WEEKLY 200EMA.
LOOKS TO ME LIKE A BULLISH PENNANT HAS FORMED AND HAS BEEN BROKE ON GJ. I MARKED UP THE TOUCHES WITHIN THE PENNANT WITH THE 5TH TOUCH BRAKING THE PENNANT GIVING ME CONFIDENCE TO TAKE THE TRADE. PRICE MAY CONSOLIDATE UNTIL LONDON OPENING. PRICE HAD JUST MADE A HIGHER HIGH ON THE 4 HOUR CHART BREAKING A SUPPLY ZONE I HAD PREVIOUSLY MARKED UP & PREVIOUS POSTED THIS...
I CAN CURRENTLY SEE DIVERGENCE ON RSI BUT I WILL BE WAITING FOR D TO COMPLETE TO CONFIRM DIVERGENCE. FIRST TIME PRICE IS COMING BACK TO THE DEMAND ZONE SO EXPECTING PRICE TO BOUNCE. COULD WAIT FOR A TRENDLINE BREAK TO CONFIRM THE REVERSAL. IF PRICE BLOWS PAST THE (X) & CANDLE CLOSES THEN BAT HARMONIC IS INVALID HAPPY TRADING TRADERS
I drew the trend lines, support and resistance last week and caught some pips down. Still learning to trust my analysis. But this is what i have in mind for this week. I'm in this trade at the moment for a 30 pip SL and around 60-90 pip TP. Once I hit TP 1 I will move my SL to break even. If there is consolidation after TP one i may close for profits. Let me know...
Look for confirmations Buy moves 1.Break and retest 2.Higher lows forming 3.Hourly price increases 4.Stop lose adjusted according to setup formed
Quick Gj Buys,expecting NY volume to reach targets,will leave runners