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Technical

USD/JPY head and shoulders for longWe have a confirmed inverted head and shoulders pattern on the hourly usd/jpy chart. We can use this pattern as a guide for trading this pair in the early days of next week. NFP has been unexpectedly good so this may be fuel for US dollar strength. The pattern is confirmed according to my strategy, as we have a daily close above the neckline of the pattern. So, if you don't have a position yet, try to use the first retracement or a retest of the neckline (if we get it before the pattern hits its target) and if everything stays the same, the minimum target of the pattern is around the 137.00 level. Trade safe, Merjem
Long
by merjemascerija
CRAZY FRIDAY (EURUSD NFP HIGHLIGHTS)Signal was clear as day & the news just made the confirmations 1000x more reliable. SUPER BOLLINGER BANDS (Top Sreen Indicator) - If you have a hard time at looking at the charts and marking everything up for analytical reasons then this indicator is your go-to indicator. Not only does it tell you if the market is overbought or oversold it will also tell you whether it's in an uptrend or a downtrend as well in the same sense showing you where price is level-wise. You'll quickly be able to grasp the market language just by watching this indicator in action as it shows each new signal live. SUPER STOCHASTIC/TDI (Bottom Screen Indicator) - The main reason you would want to use this indicator is if you have a hard time with finding entries for your position or not be able to notice pull backs if you're that type of Trader this indicator is a mini bird's-eye view of the market. This indicator is really easy to use for it utilizes the RSI and its levels between oversold and overbought while also utilizing the territory in the Bollinger Bands original strategy. Entry comes when the RSI crosses the red line on the chart and in reverse you could possibly close when the RSI reverse crosses during trade or you could use it in confluence with another indicator to confirm it's entry and exit such as the super Bollinger bands If you're still struggling with Trading or still blow accounts, or get little if any profits AT ALL from your Trading.... THEN GO CHECK OUT MY "NEW RECRUIT DEAL" DM or COMMENT For access to these indicators
by ForexPrince93
Sell position in this currency pairConsidering that according to the world economy, most currencies such as the pound and the euro have been under the pressure of the US dollar, and according to the channel strategy that I have mentioned on YouTube, we have overlapped resistances (daily channel ceiling and 20 daily moving average). The sell position is logical from a technical point of view, but if the channel fails, the sell position will be canceled. So, the possible option is that you can trade with high volume for selling, and for buying with low volume, but remember to set a loss limit. You can even hedge positions. Be sure to suggest and criticize in order to improve this strategy, I welcome it
Short
by amir1qaz2wsx3edc
1