In my recent post I indicated that I am long USDJPY due to the higher timeframe bullish trend:
A question that traders often ask is "how do I set a stop-loss when the market is moving up?". This applies if you are looking to enter your first trade in the trend, or if you want to trail a stop-loss on an existing order. The answer is simple when you use...
Hello traders!
Today we will talk about weekly USDJPY chart and we will show you many evidences for a potential bottom formation.
Well, for the begining let's talk about wave structures from Elliott Wave perspective. USDJPY is in a downtrend since March, but the wave structure is slow, choppy and overlapped which we see it as a complex corrective W-X-Y decline...
Hello guys,
trading it not just about taking winners. Losing trades are also part of the business and there is no point denying it. In my trading career, I took hundreds of losers (maybe even thousands) and I feel no shame in that.
Today, I would like to talk about a recent losing trade which I had on USD/JPY.
Let me first talk about the logic behind this trade...
Forex – also known as FX – is short for “Foreign Exchange”. It represents a market where one can exchange and trade different currencies across the globe. To understand how forex works, let’s use the example of overseas travel.
If you’re from the United States and are travelling to Japan, chances are you would head to a local currency dealer before your trip to...
Hello forex traders! 😁
I get a lot of questions lately about our strategies about using them to scalp in smaller timeframes / markets other than cryptocurrency.
All markets go up and down and our job is to identify the turning points in any market with our signals.
You can clearly see the buy and sell opportunites on this example of USDJPY 15 minute...
The basic function/use of HighPhaser:
How to use HighPhaser
Price trends steadily above HighPhaser,
then, crosses under HighPhaser but follows it.
Price attempts at making HighPhaser support for more moving up, but it then breaks it to fall more.
USDJPY Uptrend:
USDJPY Downtrend:
![BTCUSDT: 4] How to use Traders Dynamic Index and Complementary Overlay](https://s3.tradingview.com/b/B3NA4xbi_mid.png "4] How to use Traders Dynamic Index and Complementary Overlay")
