USDJPYoverall im looking for bullish opps
lower tf waiting for retracement to 61 fib level/zone to enter for possible buy
im not financial advisor, nor guaranteeing anything, trade at your own risk.
educational purposes only
Uj
UJHere is how I am really seeing it and what my forecast says, after this I'll be focused on UZ. Even though I see this, I have opened up the probability of being wrong and the market turning the other completely.
UJI am seeing this melt for quite a bit before it breaks out of this channel and continues the bullish trend. We are still in the pullback, ZOOOOOOOM THE FCKU OUUT and you'll see there's quite a bit before the bigger trend.
UNLESS
If we have a break to the upside and retest then we have to prepare for a very volatile market because demand is on the upside but provide before the correct time will lead to false breakouts and blown accounts. This will be to account for the demand as supply won't be able to keep up. So to keep moving the car will go around collecting fuel from all the cars that have other mechanical or electrical failures and aren't moving.
ASIA: USDJPY - REVERSAL/BREAKOUT - MOMENTUMUJ has come to a critical location and buyers seem to be stalling. Using our reversal setup will try to catch a potential fall
LONDON: USDJPY - BREAK & RETEST - MOMENTUMB&R setup identified in UJ in line with current uptrend. Lets see if we can get a nice move to complete higher timeframe harmonic pattern
NY: USDJPY - BREAKOUT - IB/MOMENTUMUJ has broken out and closed above structure with inside bar also breaking up. Lets go for at least 2R in this reversal
USD/JPY - Is it Monday Yet?OANDA:USDJPY
Friday is half over as we come down to London close soon.
I always view multi time frames for my view on the days action.
Trade well
USD/JPY - The Morning AfterOANDA:USDJPY
In the wake of Fed Chair JP, markets calm and everyone back to work.
Taking shorts today.
Trade smart
Trade well
ASIA: USDJPY - BREAKOUT - MOMENTUMBeautiful breakdown of range and going for a quick 2R. Lets see what happens!
USD/JPY Aiming to high 200$ FX_IDC:USDJPY
CAPITALCOM:USDJPY
OANDA:USDJPY
Eliote waves analysis Monthly
Extenstion 161.80 => 183$
GAP=208$
USDJPY long position Just a short term long position on UJ. Had a push earlier today towards the downside so looking for a correction. Could possibly go higher than the target but would need to see multiple candle closes on the 4hr time frame above the target area for confirmation.
93 pip target for now.
NY: USDJPY - HARMONIC - BUY LIMIT/ ATR SLLimit buy activated on UJ gartley pattern, lets see if it plays out amongst all the news today
USD/JPYOANDA:USDJPY
Here is my favorite pair, didn't look too hot today, markets ranging in re-set mode for tomorrow.
Trade well
USD/JPY - Finally Got One after Big New York Goose EggOANDA:USDJPY
This time, hard 30 pips TP (131.497-131.195)
Faded this short on the 15m going with the 1H bias, after Asian FX open.
Trade well
USD/JPY - No News? OANDA:USDJPY
Be careful of what we ish for.
We all hate trading news days, but those are the days we get price action pushes one way or the other.
Today?
I wanted and prepared for a short after NYSE open, never triggered, only long plays which I didn't take early on.
OH well, NO NEWS days typically chops in boredom last half of London and into NY.
Trade smart
ASIA: USDJPY - B&R - DEPLETION/MOMENTUM BUY STOPProvided that price jumps thru our buy stop we can take this setup as our simple 'Break & Retest' paired with our depletion/momentum entry signal and go for at least 1:2. Higher level buys seem to be stuck around 132.6 so we can use this as a guide for initial profits. Lets see if it plays out
Another 10? YES another 10 OANDA:USDJPY
Took a quick short on the UJ for hard 10pips, before Michigan Consumer Sentiment.
Why only 10?
I say, "Why not."
For me, it's easier to predict (guess) price action to hit a closer TP, versus a TP that is so far away, that I need use binoculars to see clearly.
Stoploss?
I say: "Trade management"
Trade smart
Trade safe
Trade well
TikTok Ban - WOW (also USD/JPY Short)OANDA:USDJPY
BIG NEWS, HUGE NEWS
UK Government officials are NOT abe to day dream on TikTok on their work mobiles any longer, now they have to work during work hours.
OK, I got that out of the way.
Took a short on the heels of news release of Building Permits, as the DXY (dollar index) pushes lower at that minute.
Trade took less that 5 minutes for a hard 10 pip TP
ECB multi release in few minutes, watch this
Trade smart
Trade well
Heading into JPY Balance of Trade Release - Short ScalpOANDA:USDJPY
Heading into another high impact news release out of Japan, the Balance of Trade, I took a short scalp of 10 pips hard TP with tight stop loss at this hour.
This scalp took about 10 minutes.
Nice to have a few easy ones in the books.
Now we sit on the sidelines and wait for price action after this news release to settle in.
Trade smart
Trade well
USD/JPY - I was a little iffy, but Shorted AnywayOANDA:USDJPY
With a crazy unexpected week of our wonderful banking institutional surprises and hopes of FOMC not raising rates by 50 basis, it has been a wild week thus far.
Scalped my 10 hard pip TP before NYSE open.
Trade management
Trade well everyone, be safe
NY: USDJPY - B&R - DEPLETIONUJ has clearly broken trend line and finally pulled back to test previous support turned resistance. Seeing how buyers seem to be depleting over the past 2 candles, I will try to get at least 2R from this setup. Lets see how it plays out
