Usdjpy-trading
USD/JPY - Interesting Week AheadSimple outlook of this pair on the daily. What happens to price in this key zone will be instrumental in predicting whether USD will complete a reversal to the upside or continue it's decline.
Keep an eye on this pair! Price could break this long term descending channel!
Have a great trading week folks!
USDJPY StudyUSDJPY weekly setup gave us a beautiful short opportunity to begin the week continuing the higher timeframe downtrend. However, a M-W-R was anticipated due to liquidity buildup at Monday's high and bullish trade opportunities revealed themselves during Wednesday's London session and NY session after the weekly low was captured.
Trading plan for EURUSD, GBPUSD, USDJPY for 23/12/2020EURUSD*
Technical analysis**:
Trend: 1
Trend power: 1
Overbought/Oversold : absent
Preferable trade direction : buy
Sell near 1,2250 with a stop loss above 1,2290 and a take profit near 1,2170.
Buy near 1,2160 with a stop loss above 1,2120 and a take profit near 1,2250.
Buy near 1,2080 with a stop loss above 1,2030 and a take profit near 1,2170.
GBPUSD
Technical analysis**:
Trend : 0
Trend power: 0
Overbought/Oversold : absent
Preferable trade direction : sell
Sell near 1,3450 with a stop loss above 1,3510 and a take profit near 1,3350.
Sell near 1,3550 with a stop loss above 1,3630 and a take profit near 1,3350.
Buy near 1,3350 with a stop loss above 1,3310 and a take profit near 1,3450.
Buy near 1,3230 with a stop loss above 1,3180 and a take profit near 1,3350.
USDJPY
Technical analysis**:
Trend: -1
Trend power: -1
Overbought/Oversold : absent
Preferable trade direction : sell
Sell near 104,40 with a stop loss above 104,80 and a take profit near 103,70.
Sell near 105,30 with a stop loss above 105,70 and a take profit near 104,30.
Buy near 103,20 with a stop loss above 102,80 and a take profit near 103,80.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analy
sis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!
Trading plan for EURUSD, GBPUSD, USDJPY for 08/12/2020EURUSD*
Technical analysis**:
Trend: 1
Trend power: 4
Overbought/Oversold : overbuying
Preferable trade direction : buy
Buy near 1,2090 with a stop loss above 1,2050 and a take profit near 1,2180.
Buy near 1,2000 with a stop loss above 1,1950 and a take profit near 1,2100.
GBPUSD
Technical analysis**:
Trend : 1
Trend power: 1
Overbought/Oversold : absent
Preferable trade direction : buy
Buy near 1,3260 with a stop loss above 1,3200 and a take profit near 1,3360.
Sell near 1,3480 with a stop loss above 1,3530 and a take profit near 1,3380.
USDJPY
Technical analysis**:
Trend: -1
Trend power: -3
Overbought/Oversold : absent
Preferable trade direction : sell
Sell near 104,40 with a stop loss above 104,80 and a take profit near 103,70.
Sell near 105,30 with a stop loss above 105,70 and a take profit near 104,30.
Buy near 103,70 with a stop loss above 103,10 and a take profit near 104,60.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analy
sis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!
Easy and Understandable Trade Setup on USDJPY!LH - 106.895 (bearish below this level) and continue T1 106.240 & T2-105.755
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Narrow range for traders on daily chart :
Traders, can trade both side and take profit until no-major change in volume and price.
Up-side breakout above 107.075
Weekly chart:
Falling wave(downtrend) inner side of the parallel channel:
Do you want to fill your Pocket...? use ALARM on USDJPY
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 after the breakout.
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Remember => " After greed comes fear – again! "
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Trading plan for EURUSD, GBPUSD, USDJPY for 03/09/2019EURUSD*
The technical cross-section**:
Trend: -1
A strength of trend: -4
Overbought/oversold : none
The priority area of transactions : selling
Selling in the area of 1,0960 with a stop above 1,0990 and a profit in area 1,0900.
Selling in the area of 1,1050 with a stop above 1,1080 and a profit in area 1,0980.
GBPUSD
The technical cross-section:
Trend : -1
A strength of trend: -4
Overbought/oversold : none
The priority area of transactions: selling
Selling in the area of 1,2080 with a stop above 1,2120 and a profit in the area of 1,2000.
Selling in the area of 1,2160 with a stop above 1,2220 and a profit in the area of 1,2030.
USDJPY
The technical cross-section:
Trend: -1
A strength of trend: -2
Overbought/oversold: none
The priority area of transactions: selling
Selling in the area of 106,60 with a stop above 107,00 and a profit in the area of 105,80.
Selling in the area of 107,30 with a stop above 107,60 and a profit in the area of 106,60.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analysis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!
Trading plan for EURUSD, GBPUSD, USDJPY for 24/06/2019EURUSD*
The technical cross-section**:
Trend: 1
A strength of trend: 4
Overbought/oversold : overbought
The priority area of transactions : buying
The purchase in the area of 1,1340 with a stop below 1,1300 and a profit in area 1,1460.
Selling in the area of 1,1460 with a stop above 1,1490 and a profit in the area of 1,1360.
GBPUSD
The technical cross-section:
Trend : -1
A strength of trend: -1
Overbought/oversold : none
The priority area of transactions: selling
Selling in the area of 1,2750 with a stop above 1,2790 and a profit in the area of 1,2640.
Selling in the area of 1,2870 with a stop above 1,2910 and a profit in the area of 1,2760.
USDJPY
The technical cross-section:
Trend: -1
A strength of trend: -4
Overbought/oversold: oversold
The priority area of transactions: selling
Selling in the area of 107,60 with a stop above 107,90 and a profit in the area of 107,10.
Selling in the area of 108,10 with a stop above 108,40 and a profit in the area of 107,10.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analysis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions!