Trend-analysis
USDJPY New Swing OpportunityUSDJPY
Waiting for sell signal too enter shorts targeting 106
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy.
RIPPLE - Short Opportunity - 12% ROI - Risk/Reward 4:1Reasons to consider a short sell:
Rising wedge formation indicates fewer buyers on each re-test of trend line
Pop out the top of rising wedge into a previous consolidation zone that trigger a sell off during May (supply zone)
Risk to reward (4:1) meet's criteria and allows multiple profit targets
AUDJPY BUYAUDJPY BUY STOP
ENTRY: 82.200
TAKE PROFIT 1: 84.250
TAKE PROFIT 2: 86.000
TAKE PROFIT 3: 89.000
STOP LOSS: 78.700
ENTRY TO TP 3 is 679 PIPS
Disclaimer: This is a trade idea and i am not solely responsible for any mishap or unsatisfactory caused by the trade going in the opposite direction.
Little brother Litecoin heading to $127 ...and then a big bounceThe green trendline I've drawn extends all the way back through May 2017. It offers enormous support and will be tough to break. Once tagged you can expect a $5-10 bounce minimum. Easy quick cash for all interested in playing.
Peace and happy trades y'all!
Weekly Analysis on Great Britain Pound / Japanese Yen: Week 13DISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Ok, so this week I managed to make all the trading mistakes in the book. Took huge losses but somehow that fuels me up to make bigger gains and get back on track. I feel like now that I am not afraid to loose money, I have an open road ahead of me to MAKE money. So lets get an analysis going here.
Weekly:
I decided to go first with the weekly chart because I spotted an ascending channel, as seen here.
Daily:
If we take a look at the daily we see that about 2 weeks ago the price hit the bottom part of our channel, and bounced back. It has been making higher highs and lower lows, although the las higher high was at a previous resistance area of 150.155, and rejected it. Also price is not over our MA.
4HR:
Price closed this week below our MA, and rejecting a previous resistance area around the 150.155 area. But it didn't break a support area I had drawn around 147.905.
I believe that this pair will follow its structure and continue to move upwards.