Usdjpybuy
USDJPY near to complete its correctionHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about USDJPY
We can see a market break its strong resistance in D1.
So we are expecting a strong fall near resistance.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
USDJPY Hourly Levels - LongUSDJPY will continue long after the price jump during London's opening session.
Based on last week's hourly charts:
Buy Entry: 134.450
Targets: 134.520 | 134.620 | 134.730 | 134.860 | 135.000
Resistance: 135.200
The market is expected to be volatile today due to the release of the FOMC minutes, so trade safely and be sure to trade in smaller increments to avoid swings and set stop losses.
Be sure to like this post and let me know what you think in the comments.
is this the final push before we switch over to a down trend? get your lost size out it's time to trade!!!
risky buy here but usdjpy has potential to close green for the week
could be the last push to 135-136 region before we enter a down trend
the 2 weeks is say sell so we should keep that in mind and risk appropriately
entries :
set pending buy at 133
when price goes below 133 we can look for more buying opportunities
stop loss is 132.5 or less
if selling pressure increases after it breaks 133 or it is reacting negatively to payroll news
> we can either reconsider or commit to the trade
tips:
risk appropriately based on the amount of confidence or confluence you have on your trade
never over trade or over risk, the market is full of opportunities.
USDJPY: Inside Bar PatternUSDJPY – SPOT: Buying On Breakout Of Inside Bar Pattern
Price Action: Price formed an Inside Bar Pattern overnight.
Price moved higher from the Inside Bar Pattern that had formed late last week (We suggested trading the breakout of this pattern in the August 5th members' daily newsletter).
Price moved higher from the Bullish Tailed Bar Signal that had formed just above the 131.49 short-term support level, early last week (We suggested trading this signal in the August 3rd members' daily newsletter).
Potential Trade Idea 1: We are considering buying on a breakout of the current Inside Bar Pattern.
Potential Trade Idea 2: We are considering waiting to see if the current Inside Bar Pattern turns into a Potential Bullish Fakey Setup.
Potential Trade Idea 3: We are considering buying on a retracement lower to within the range of the recent Bullish Tailed Bar Signal that had formed just above the 131.49 short-term support level, early last week.
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.
USDJPY BUYOn the daily time-frame the USDJPY rejected off a major support area. The USDJPY is trending up on the 1hr time-frame. We wait for pullback after breakout and enter trade on formation of reversal candlestick which this case it is a bullish harami.
We space out stop loss and let the trade run until we find a good exit signal.
USDJPY - Buy/Long at Pullback/Support - Uptrend ContinuationUSDJPY Buy/Long
Buy 134.385
Looking to buy at this level to see the continuation of the uptrend, this could be a good pull back level and this buy zone is previous resistance which could turn support. Also lines up with the 0.382 Fib level, (0.50 Fib Level is also covered by our stop los), should price decide to hit that.) After Fridays NFP results, US printed stronger than expected employment figures so I think we will continue to see bull strength.
Stop: 133.828
Stop has been set at this level, i have given the 0.382/buy zone some breathing space, also as mentioned previously 0.50 fib level is covered within this stop area. if price hits stop I would no longer believe price is respecting this zone and would look for another buy opportunity at 133.00 level.
TP: 136.630
Take profit has been set at 136.630 - this is a key Daily support/resistance area. Look at moving stop to break even and trailing profit.
USDJPY: Inside Bar PatternUSDJPY – SPOT: Inside Bar Pattern Breaks Higher
Price Action: Price moved higher from the Inside Bar Pattern that had formed late last week (We suggested trading this breakout of this pattern in the August 5th members' daily newsletter).
Price moved higher from the Bullish Tailed Bar Signal that had formed early last week (We suggested trading this signal in the August 3rd members' daily newsletter).
Potential Trade Idea 1: We are considering buying on a retracement lower to within the range of the most recent Inside Bar breakout.
Potential Trade Idea 2: We are considering buying on a retracement lower to within the range of the recent Bullish Tailed Bar Signal.
Fri 5th Aug 2022 USD/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/JPY Buy. Enjoy the day all. Cheers. Jim
Thu 4th Aug 2022 USD/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/JPY Buy. Enjoy the day all. Cheers. Jim
How to make quick 40 pips in USDJPYSince the FED last week went from an ultra hawkish stance to a more data dependant one it is clear that US data will now become even more important and volatile for USD pairs and also for the whole market.
And thats great news! It means we can now extract pips from the market every time there are important US news like for example the ISM manufacturing data today.
If you want to participate you can enter to my group trough the link in my bio.
For the ISM report yesterday it was really easy to get 30-40 pips out of USDJPY:
1. The ISM came better than expected with 52.7 vs. 52.1 consensus.
-> go long USDJPY immediately
2. Algos drove USDJPY higher for 40 pips
3. Take profit immediately when the first impulse of the move weakens.
4. Market participants realize that the most important subcomponent of the ISM, -> prices paid <- , came much lower than expected (60.0 vs 75.0 consensus)
5. USDJPY falls all the way back again
I made easy peasy 40 pips and so can you next time.
USDJPY-BUY++We have moved even lower than my suggested BUY level 131.60-131.90, but it does not change view.
Markets always seems to over do itself, and I feel adding to the position may make sense since RSI is below 20.0 4-hourly chart now. Adding equally @ 130.80 area would bring the average to around 131.20-131.30. We place the profit objective little lower as well, let's say 133.17 for now.
Time to go long USDJPY?For the time being should not hesitate to take additional easing measures if necessary. It is appropriate for the Bank to maintain the current forward guidance for the policy rates.
In this situation, it is appropriate that the Bank encourage wage increases through monetary easing, aiming to achieve the price stability target in a sustainable and stable manner.
Given that a rise in some determinants of underlying inflation , such as services prices, and CPI inflation exceeding 2 percent in a stable manner have not come in sight, it is natural to continue the current monetary easing.
Time to go long USDJPY?For the time being should not hesitate to take additional easing measures if necessary. It is appropriate for the Bank to maintain the current forward guidance for the policy rates.
In this situation, it is appropriate that the Bank encourage wage increases through monetary easing, aiming to achieve the price stability target in a sustainable and stable manner.
Given that a rise in some determinants of underlying inflation, such as services prices, and CPI inflation exceeding 2 percent in a stable manner have not come in sight, it is natural to continue the current monetary easing.
USDJPY-BUY strategyThe first suggestion buying 132.50 area worked out fine and we went beyond 133.87 profit objective.
Now we are on the second attempt, and the current condition is that we may push little lower at first from current 132.50 > 131.60-131.90 area. That is the buying zone right now.
The profit objective somewhere 133.40 for now when successful buying @ 131.60-131.90 has been executed.
USDJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Usdjpy long from the nearest tlHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:USDJPY
We can see market is going up after testing its TL since the start of July now we are expection a long move towards the high
So we are expecting more rise to its major resistance after testing.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence