How to find the ‘Value Per Pip’ with the YEN Here are the trade specifics: Portfolio size: $5,000 Max risk percentage per trade: 2% ($100) Trade type: Buy (go long) Currency pair: USD/JPY Entry price: 136.80 Stop loss: 136.30 Step 1: Calculate pips risked in trade As each pip movement is two decimal places on each currency, you’ll multiply the difference...
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...
USDJPY shows what price action areas we expect price to react from on USDJPY Forex Cross pair. USDJPY is dropping strongly reacting to previous weekly supply imbalances in a big picture downtrend. New supply levels have been created around 114, 112.69 and a brand new one around 111.60. This USDJPY cross pair analysis is done on the weekly timeframe for those...