JosePips

JosePips

GBPJPY SHORT 1Week Chart: *Last attempt for buyers to come in\ *Lower Low lower close on 1W time frame going into this last week 1D Chart: *Breach and break of buyer trend line on the daily timeframe *Lower Low 4H Chart: *Entry based on lower close of candle *Good risk/reward Entry: 144.700 Stop Loss: 147.500 Take Profit: 140.00 Always make sure to...

JosePips

EURJPY SHORT: 1D chart: *Sellers trend with breach of structure *New low formed (characteristic of seller trend) 4H Chart: *Sellers breach the low making a new low *Re-test into recent significant structure at 129.300-129.400 *Strong V-formation on 4H chart by the seller (showing their interest) 1H chart: *Final re-test was weaker than the 100%...

JosePips

USDCAD POTENTIAL LONG 1D Chart: *Daily timeframe chart is in a strong uptrend, if you look left to price 1.29600 you can see the interest and strength of the buyer that caused the market to rise 400 standard pips (heavy volume move) *1D candle is going to be a higher high higher close (bullish engulfing) above previous day candle 4H Chart: *4 hour chart is...

JosePips

1. Watch price at the .618 fib level area 2. Wait for the buyers to show interest (momentum) if going long 3. Wait for price to show you that it is holding at this level 4. Wait for 4H and below timeframe chart to be on same page (long) 5. Make sure to implement good risk/reward 6. Don't risk more than 2% of trading capital on trade if traded Cheers!

JosePips

GBPJPY SHORT IDEA: 1W Chart: *Based on the weekly chart it clearly displays the rejection to the upside created by buyers and how the sellers had brought price back down and ended the week with a lower low lower close. *The Flow has changed from buyers trend to sellers as you can see the market started to create lower highs and lower lows which identifies it as...

JosePips

EU was showing clear, distinct signs of a reversal/short opportunity. I believe as a trader your strongest/most utilizing tool is a chart. This specific charts shows how the buyers are allowing the sellers to come in and fully rest the previous moves made by the buyers. In market conditions, especially a trend (buyer) in this case wouldn't allow the seller to...