LeoYao

Follow Q On EURJPY

FX:EURJPY   Euro Fx/Japanese Yen
1385 27 39
6 months ago
It's hard to explain what we can do to EURJPY             . Let me put this way. I want to make profit through both long/ short. And here is my plan.
Every single black line is a potential long price level I might be interested in, the lower the better..
The orange line is th a good resistance, i may short from there. If breaking out the orange line, I will long also.
Same for black line.
You may say: hey, this guy says nothing. What should I do now?!!
What I can tell u is, wait till the prices touches any line in the chart then base on price action on 1hr or even shorter time frame to long to short. I believe my instruction is already very clear.
5 months ago
Comment: Manually trade on118.8 as see a potential pattern in one hr chart
5 months ago
Comment: hit 119.444, 64 pips only. see how.
5 months ago
Comment: hit entry level, nothing earned
4 months ago
Comment: May need another 2~3 months to check if it can reach point D.

Related Ideas

Helenp2016
6 months ago
HI, Leo. Do you draw those harmonic pattern or you use some kind of indicator ? Thanks !
Reply
LeoYao Helenp2016
6 months ago
Hi Helen, I use both harmonic and indicators. I have my won trading system to judge when to enter and exist
Reply
Helenp2016 LeoYao
6 months ago
Sorry, I wasn't clear. My question is you draw those harmonic pattern yourself or you use a kind of indicator to automaticly draw for you. Thanks
Reply
Helenp2016 Helenp2016
6 months ago
By the way, I like your way of analyse .
Reply
LeoYao Helenp2016
6 months ago
Thanks u like it. I do it by myself. I believe u also can do it after u do a lot analysis and u will be sensitive about them. I want to make my analysis very concise so that even green hand can understand.
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Helenp2016 LeoYao
6 months ago
thanks. Great!
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Rostand
6 months ago
Great stuff Leo. TY
Reply
LeoYao Rostand
6 months ago
Happy u like it
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I'm new and I ask a silly question, shall I go long o short on this trade? congratulations for your work
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LeoYao MariapiaScopesiCalo
5 months ago
Personally I go Long. I think u can change to 1 hr chart to see better. If u r interested in any trading course, just email to leoyaotrading@outlook.com
Reply
ThaddeusChen
5 months ago
Hi Leo, can you please explain where is the best SL if I short at 118.8?
Thank you very much for your help Leo. Cheers
+1 Reply
LeoYao ThaddeusChen
5 months ago
Hi u can use 119.8 or 120.4 based on ur money management if u go short.i personally go long. U can email to leoyaotrading@outlook.com if u want to have professional training
Reply
ThaddeusChen LeoYao
5 months ago
Thank you Leo for your reply, happy trading :)
Reply
forexmech
5 months ago
Thanks Leo I will wait for either the last black line to be hit for Long that is 100.53 or I will wait for the breakout of orange line and then buy when price retests the black line post orange line breakout.
Reply
LeoYao forexmech
5 months ago
Good! Let me know when u r ready to take the course lol
Reply
forexmech LeoYao
5 months ago
Hahahaha
Reply
JaybeHoh
5 months ago
Now is it able to enter as you mentioned earlier which touch the black or orange line...
Reply
LeoYao JaybeHoh
5 months ago
can but plz use 1h chart
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This one is doing a nice dive. I'm glad I did not jump in on the first Black line, it's approaching the second black line. My eyesight is on the third black line but may want to jump in earlier.
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Maybe BREXIT will make it move faster to the first line. :) lol
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LeoYao EricDelacrausaz
5 months ago
yes, patience pays
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Dps LeoYao
5 months ago
i'm still SHORT till BREXIT..
Reply
LeoYao Dps
5 months ago
yes, good one.
Reply
ArAlshammary
5 months ago
i saw a bounce from weekly trend line
snapshot
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LeoYao ArAlshammary
5 months ago
good one. u can try to long
Reply
Hi Leo,

This one is between the second and third black line, would this be a good time now to long? Or maybe wait some more but it seems to me that it is having a hard time going to the 100.500 mark.
Reply
xialinguo123
4 months ago
Good, wait for D point to long, Thank you ~
Reply
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