Greetings, Fellow Traders, Technicals and Chart Explanation Indicators Trendline: A trendline is a diagonal line connecting at least two price points, typically peaks or troughs, to determine the overall direction of a trend. In this case, the downward trendline suggests a prevailing bearish trend in USDJPY. Resistance: Resistance is a price level where...
ENTRY 108.79 SL 110,7 TP 107,1 r/r ~1 my feeling about this one 3.5/5 +negative us data
Break-Down Alarm :106.967 Break-Up Alarm : 107.876 Let's think about this logically :- A break out requires a surge of 1.5x volume than average volume. Too much surged volume, would force prices higher/lower quickly, so great care is taken. Put the Alert point of price rotation. The Price will go away too far from Price Rotatio n...
Future Of US Dollars - What About US Dollars? What do you think will happen to UJ? OR DXY? Check out the chart below and let me know what you think?
FOMC FED RATES USDJPY CYPHER short opp
NZDJPY could be getting ready to run higher after tonight's announcement by the Bank of Japan. The BoJ is suppose to increase their stimulus package and if they do by the amount which is expected or by more we should get a sell-off in the Yen pushing this pair higher. If it happens we will be looking to correlate the Long NZDJPY with a Short in AUDJPY which will...