Combine Indicators

FX:USDJPY   U.S. Dollar / Japanese Yen
471 0
Hey guys..
I am usually not trading Jpy but i've found here a nice tripple head an want to show for some of you who dont know how to trade it, how to trade it.

Before the main trade at the end, i want to show you how you can good profit from "side"movements. Here we need BB and one or two other Indicators like Stochastik or SFK to which will support you at your entries.

Only if all indicators show long, you go long. Only if all indicators show short, you go short.

I\ve marked possible entries with green/red arrows, you can see that the cours touch the BB, and that is our entry signal, but only if other supporting indicators are agreeing with it. ( MACD sucks at it..)

Now for the main entry.
We have tripple top, a nice double support tested, and as you can see there is again an downwards move.
The target is somewhere in the support zone .

If we fall below supported area, we go short after retracement. If we break the tripple resistance, we can trade the break-out, but i would take the profit...before the retracement.

The whole sidewards move could be also a flag from a bigger timeframe..what do you think ?

Thanks for reading, follow please for more "Ideas"
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out