USDJPYlooking for a nice retest on the previous structural high.
watch price action on lower tf if price holds that key area as support.
Usdjpytrade
USDJPY ShortUSDJPY Short - stopped out.. -1R, no trades since monday. Straight trends without good corrections this week
What is the intention of "Money-Makers"...? USDJPYThis is the only a closer look for range trading.
Alarm Trading Tactis:-
USDJPY ShortUSDJPY no interesting entries on Monday, not only on UJ but all pairs that I am interested. Prices were trending without any significant correction. At last, on late tuesday entered short on UJ and stopped out with -1R, the second short opportunity on UJ went as it should with nearly +4R
The price pulled back, expect bearish movement.Nice pull back from respected downtrend resistance trendline.
My Idea on USDJPY for the next couple of daysI'm looking at a Bullish trend forming, but ill be looking for a retest to confirm my Buys, if price respects the 50%..if it breaks it, I will wait for a retest of reversal patterns to go test the 108.00 area. (Feel free to leave a comment)
Down channelSelling at market price 107.854 with
# SL @ 108.188 and
# TP @ 106.807
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USDJPY - EDUCATION - 30. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Sideways waving market right now.
4 HOUR
Bearish market found its resistance on his pullback great short entrys for sure.
DAILY
Very bearish market found a small pullback and a resistance holding it now.
OVERALL
In my view we will see a last small push above previous week highs and resistance area,
to take out last short holders before heading down and taking out long holders which try to jump on the train now!
Market structure also offers a very good trade with a lot of confirmations.
Good luck
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Have a great week everyone!
ALAN
USDJPY Trade Idea# Support broken
# Tested as resistance
# Sell signal printed
Selling at market price @ 109.668 with
# SL @ 109.890 and
# TP @ 109.099
To learn more about this trading system/strategy please feel free to join my mailing list at www.profitfxza.com
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
USDJPY Trade IdeaPrice is now at a strong resistance level and note the hanging man (hammer @ resistance) which printed - this is the sell signal.
Conservative traders will wait for confirmation (bearish candle)
Aggressive traders enter @ market price usually. This is for increased risk to reward ratio so
I am in short @ market price 111.952 and
SL above the high @ 112.227 and
TP at support lower down (and the next if the market keeps paying) @ 111.346
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in forex Bootcamp using the Telegram link below
USDJPY Bearish Potential SetupSalam and hi my name is Khalid Hamid. USD Index is showing a reversal, thus USD pairs might go down too (including USDJPY).
Early sign is there but still need to wait for a STRONG BREAKOUT signal to the downside.
Watch the video to understand. ;-)
Tomorrow is NFP and few other high impact data release so please be careful with your trades.
Good luck and happy trading everyone.
KHALID HAMID, Malaysia
USDJPY - Pending SELLFX_IDC:USDJPY
I am trading on a small account, documenting my progress. This is not intended to be a signal!
Descending- H1 Channel
Awaiting Pull-back to retest upper channel, and fib level 0.382 were we have a sell limit placed. Take profit is at strong H4 Support.
Sell Limit - 110.380
SL - 110.816
TP - 108.500
USDJPY Trade IdeaWe saw a nice bearish move on Friday as money flowed out USD into safe havens like the yen and gold. The up channel has been broken and I am looking for a retracement to the 50.0 or 61.8 fibonacci levels.
Once price reaches the 110.396 level I will look to price action for a sell signal to short this pair:
IF the above happens I will have my stop above resistance at 10.885 and
my take profit lower down at 108.992 (support seen on D1)
As usual, don't bet the farm and exercise good risk management.
For more info on exact entry and trade management feel free to follow me in Forex Bootcamp using the Telegram link below
