Get started

Usdjpybullish

USDJPY smart money concepts MatrixVIt was easy predictible that USDJPY is bullish again, but you have to get a good risk managment. SMC has the best concepts with Risk Managment, where you have a 2-20 RR. The most important thing is to protect your money from the banks by your stopploss and takeprofit. If you have a profitable 10 RR you can lose 10 trades and regain it with 1 trade. Explanation= Yellow SMC Traders, Red Retail/Patterntraders. NOTICE!! Patterns are useful, but you have to know how every marketparticipant is trading: Patterntraders, Indicatortraders, SMC Traders, Orderflow Traders, Volume Traders, Banks 1. € = Liquidty in SMC Trading, Trend in Retailtrading, shows where price is going 2. CHOC (Change of Character): Market change its direction and brokes last supportzone = Sign of Market Reversal 3. Yellow Fibonacci: SMC Traders take the last candle of Support/Resistance and take the 0.5 Zone as their TP/ENTRY/STOPPLOSS They try to knock out Retail Traders, who wait for breakout in 1minute Chart = Fakeout = Entry of SMC Traders SMC Trading is based on risk managment, its the most important thing. 4. Entry Pattern Traders: Pattern Traders see a bullflag, they take the bearish trend, copy it, and wait for trendhit. Their stopploss is mostly the golden 1.618 Zone, Takeprofit, is close to the other trendline. They often have a 1:2 RR; 5. Entry SMC Traders: 0.5 or 0.618 FIB Zone of last resistance or support zone (ITS A "LAW"), which they take to draw their stopploss/entry We have a bearish CHOC, so there are still short positions, which push the price down. You have to practice your style of entry/stopploss/takeprofit. Your goal with SMC is to place trades with a high RR (5+) Combine it with other retail strategys like patterns or indicators. the more confirmations the better 6. TP of SMC Traders: The last bull consolidation zone (CZ), before the the price did the bigger bullcandle. SMC Traders take the 0.5 FIB Zone of the low and high of the CZ as their takeprofit. There is also the CHOC Zone, which is also a confirmation This TP can also be an entry for a longposition. 7. BOS (Break of structure): Market broke through last resistance, closed the body of the candle above the zone. retest, BOS 8. 2nd SMC Entry: Retail Traders will go long instantly, but your goal is to buy as low as possible to take your RR high. 2nd SMC Entry is the BOS Zone, Stopploss the 1st supportline, Takeprofit is your choice Follow for more. Normally my posts are very short, but this time I thought I have to explain my TrAdInGvIeW GG Ez MatrixV Ruler Of The Market
Long
by MatrixV
3
USDJPY H1: Bullish outlook seen, further upside above 134.500On the H1 time frame, prices are holding above an ascending channel and approaching the support zone at 134.500, in line with the 38.2% Fibonacci retracement and ascending channel’s support. This presents an opportunity to play the bounce to the next resistance target at 136.20. Prices are holding above the 50 EMA as well, supporting the bullish bias. Failure to hold above the 134.50 support zone could see prices push lower to the next support zone at 133.50.
Long
by T3-Consultancy
USDJPY Bull Continues Until 130.000+We have seen a nice leap in price since my last update, blowing past the resistance of 127.330 . I am still bullish on USDJPY, but the price of 130.000 will be a big deciding factor. If the pairing continues past this price it will more than likely go onto to 134.000 . If not we may see some drops. Current Trading Range based on April 2002 day chart Entry: 128.650 TP: 129.000 | 129.200 | 129.600 | 129.800 | 130.000 For more frequent updates be sure to like this post and let me know what you think in the comments.
Long
by DollarYenQueen
1