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USD Weakness ? Detail Price Action Analysis Breakdown Hello everyone: Many have asked me to do another in depth breakdown on the USD pairs. Personally my bias and view is more weakness to come on them. So I will break down all the potential USD pairs that are developing nicely for some opportunities. Currently in EURUSD Long and watching out for other pairs as well. DXY Original Analysis and Forecast: EURUSD Original Analysis and Forecast: AUDUSD Original Analysis and Forecast: USDCHF Original Analysis and Forecast: USDCAD Original Analysis and Forecast: USDSGD Original Analysis and Forecast: GBPUSD NZDUSD USDMXN Any questions, comments, or feedback welcome to let me know :) thank you JoJo
by jojofang0901
28
Weekly Trading Recap: EURUSD, SILVER, GBPNZD, SOLANA Oct.17 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. EURUSD: First Entry: Closed down for -1% loss Second Entry: Running about +0.7% profit Third Entry: Running about -0.3% loss Full analysis/forecast: SILVER: Running about +1.3% profit Full analysis/forecast: GBPNZD: 3 Entries closed down for -1.5% loss Full analysis/forecast: SOLANA: Closed down for -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
OANDA:XAGUSD
by jojofang0901
28
Weekly Trading Recap: SILVER, SOLANA, GBPNZD, AUDNZD Oct 9 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. GBPNZD - Running about BE Full analysis/forecast: SOLANA - Running about -0.25% Full analysis/forecast: SILVER - Running about BE Full analysis/forecast: AUDNZD - Initial Entry: Closed for +0.90% profit Scale in Entry: Closed for -1.03% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
30
Weekly Trading Recap: AUDNZD October 2nd 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. AUDNZD - First Entry: Running about +2% Second Entry: BE Third Entry: Running about BE Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
19
When/How to move SL to BE and to profit in a running trade ?Hello everyone: Today I want to discuss a topic in Risk Management, specifically on when and how to move your STOP LOSS to BREAKEVEN or in PROFIT when you have a running profit trade/position. In an impulsive phase of the market, we want to make sure to protect our entry as well as secure profits. In this example of EURUSD, I managed to get 2 entries in, and manage it to my best ability and secure profits Trade close down for +7.9% profit Original Trade Forecast and Analysis: This is a topic that will have various answers across traders, as this is certainly up to each individual trader’s strategy, style, and management approach. So understand there is no right or wrong, “holy grail” kind of decision. It's up to you individually as a trader. I will share my management, and why I choose to go with these types of approaches, and you can certainly use them to your advantage to tweak/modify them to fit your strategy. Few things to keep in minds are: 1. Moving the SL to BE or/and in profit is a way to protect your entry, as well as secure profit. 2. Sometimes moving the SL too early may “choke” the price, and you can get stopped out for BE or small profit. Then watch the price take off in your desired direction, which can create negative emotion. 3. Whereas sometimes if you don't move SL to BE or in profit, you can watch a trade that hits 3:1 RR or more, end up reversing down, passing your entry point and to your actual SL of -1%, which can also create negative emotion. 4. No perfect scenario or management when it comes to the aspect of trading, as every trade is unique, and different outcomes may happen, since the market itself is not perfect, and can do whatever it wants to do. Now, I will explain my own management when it comes to moving SL to BE or/and in profit. Certainly this is NOT the only way, nor it will be the best way, but over the years of backtesting & chartwork have given me reassurance on these types of management ways. I will then show some real live examples on the trades that I closed down, and how I manage them as well. CADJPY - Original Trade Forecast and Analysis: GBPJPY - Original Trade Forecast and Analysis: CHFJPY - Original Trade Forecast and Analysis: NASDAQ - AUDNZD - Original Trade Forecast and Analysis: First, a general rule of thumb for me. IF the price has hit about 1:1 RR or so, and has broken past the previous recent lows, I will move my SL to BE. There is no exception in this rule. Again, I explained earlier that sometimes this will help you to protect your entry when price reverses, and sometimes it will choke the price. In this case, I would rather take a BE first, and re-look for entry again in the same position, as long as the bias and the price action is still valid on both the higher time frame and lower time frame. Second, once the entry is in some profit, say 2:1 or higher, I generally will move the SL up to about +0.5% profit or so. Just want to secure a little profit while not choking the price entirely. Third, once the entry is in 3:1 profit, then I will move my SL to +1% profit. This is where I generally will decide whether I should take full profit here, or hold the trade for a mid-long term if the higher time frame has given me the bias. Fourth, since the trade has already been in 3:1 profit or higher, generally we can expect a continuation correction to form now after the impulse phase. If it's a smaller correction and price isn't reversing up sharply right away, I will move my SL to about +1.5% profit, set my alert above the continuation correction and observe the development of the correction. This is generally a point where I can decide to hold the trade longer, or if it reverses up from the continuation correction, then exit the trade for profit. Fifth, if we start to see a possible reversal development, then I will move down my SL to the recent swing highs/lows, or just above the reversal correctional structure, and will let the trade tag me out for profit if it reverses. Any questions, comments or feedback welcome to let me know :) If you enjoy these contents, and the educational lessons are helpful, please press like, subscribe and follow for more. Jojo
Education
by jojofang0901
89
Weekly Trading Recap GBPJPY, NASDAQ, EURAUD, GBPNZD Sept 25 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. GBPJPY: Exit for +3.12% profit Full analysis/forecast: NASDAQ: Exit for +2% profit Full analysis/forecast: EURAUD First Entry: BE Second Entry: -1% loss Full analysis/forecast: GBPNZD: Originally had the SL at BE, some slippage on the price during rollover. -0.5% loss Full analysis/forecast: AUDUSD: -1% loss Full analysis/forecast: CADJPY: Exit for +5% profit Full analysis/forecast: CHFJPY: Exit for +3% profit Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
by jojofang0901
36
Multi-Time Frame, Price Action Analysis on Japanese YEN StrengthHi everyone: Many have asked me about the Japanese JPY pairs outlook and forecast, as we can see they are surely gaining strength across the market. I am personally live in some of the sell and looking to hold the trade as well as scale in on additional trades as well. Now let's take a look at the pairs that I am currently in, and as well other JPY pairs from a multi-time frame, price action analysis point of view. I will go over the best ones to look out for, and share my original analysis/forecast before the moves happened. In addition, my plan on how to manage the current live positions, and plan on how to scale in new entries as well as other pairs. Starting from the current positions that I am in: CADJPY: Currently running + 6%, 6:1 RR Original Analysis/Forecast: CHFJPY: Currently running + 3.5%, 3.5/1 RR Original Analysis/Forecast: GBPJPY: Currently running + 3.5%, 3.5:1 RR Original Analysis/Forecast: EURJPY: Got out for +2.8%, 2.8:1 RR Original Analysis/Forecast: AUDJPY: NZDJPY: USDJPY: 2 entries total for BE Original Analysis/Forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and comment for me to keep doing them. :) Jojo
Short
by jojofang0901
19
VET Spot Entry 0.11 Still Time to Get in!!If you missed out the other day there is still time for an entry at VETUSDT 0.11100 anywhere there. The Idea: Entry 0.11 TP 0.12 Entry VET/USDT 0.11 I Sell All 10% Profit about 0.12. Or, I HODL please myself. Or I sell some 75% and hold a little for more growth. My idea is to buy and sell all at 10% profit. All In and all out. Little exposure time in a market that's risky to be in. You can lose your shirts in this market easy. Enjoying the Robert Johnston Blues during these slow boring times trading. Jaffasoft Signals
by Jaffasoft
2
VETUSD Spot Trade Idea - VeChain Entry: 0.11000 Take Profit: 0.12200 10% Profit In and Out and the trade is done in a few days even shorter. I use the 1HR charts for these trades. Saturday 18th Sep/21. Bitcoin just did a lower low to $47600. This is the first video I ever published on TradingView. Suggest any improvements below thank you. I watch markets 24/7. This is just a basic buy and sells trade! Est a day or a few days/weeks. Though HODL as long as you want. Jaffasoft Signals: See me on Twitter as Jaffasoft and Etoro for the performance of a publicly shared portfolio. Disclaimer: You must understand trading has risks and this is not financial advice.
BINANCE:VETUSD
by Jaffasoft
3
Weekly Trading Recap: CHFJPY, CADJPY, EURJPY, NASDAQ Sep 18 2021 Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. CHFJPY: running +3% profit Full analysis/forecast: CADJPY: First Entry -1% loss Second Entry - running +3% profit Full analysis/forecast: EURJPY: Out for +2.8% profit Full analysis/forecast: NASDAQ: 2 entries, closed down for total -2% Full analysis/forecast: USDJPY: Out for -1.0% loss. Overall BE on 2 entries Full analysis/forecast: Any questions, comments or feedback please let me know. :) Thank you Jojo
by jojofang0901
11
Weekly Trading Recap: USDJPY, EURJPY, XRPUSD, Sept 11 2021Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week from me. I will explain my approach on the entry, SL, TP and management. USDJPY: First Entry: +1% profit. Second Entry: Running about -0.5% loss Full analysis/forecast: EURJPY: First Entry - 1% loss Second entry -Running about +3% profit Full analysis/forecast: XRPUSD: Closed down for +1.5% profit Full analysis/forecast: Any questions, comments or feedback please let me know. :) Thank you Jojo
by jojofang0901
22
EURJPY Multi-Time Frame Price Action Analysis, and Backtesting Hi everyone: Let's take a detailed look into EURJPY’s current price action, what my analysis and forecast so far, and do some backtesting on previous prices to give us a positive outlook on the potential bearish continuation price. Starting from the Higher time frame, clear double tops, and ascending channel reversal are very noticeable. Then the price had a bearish reversal impulse phase, pushing the price down. After we begin to see a consolidation, forming a potential expanding correction, which can give us opportunity for a continuation of the bearish move. Following up on my EURJPY analysis I post, I took 2 entries so far: First trade - 1% loss Price wasn't ready to reverse and correctively move sideways/up, tagged me out for a loss. Second Trade - Enter after a rising wedge, “M” style reversal correction. Currenting Running about +2% Original Full analysis/forecast: So 2 TP to look out for are: Now, let's do some backtesting on the EURJPY previous price action. From the Higher Time Frame: Similar price action in the past, can provide us a higher probability trade to enter for the downside. The more backtesting we do, the more confidence we get at identifying the next potential impulse phase where we can capitalize. Any questions, comments, or feedback welcome to let me know :) Thank you Some backtesting video I made in the past: Backtesting & Chartwork on Forex Market Backtesting & Chartwork on Indices Market Backtesting & Chartwork on Crypto Market How & Why I backtest: Prevent Blowing an account by backtesting:
Short
by jojofang0901
52