currencytrading

my thoughts and analysis for usdjpy. market is trading in a bearish trend, and now consolidates in a bear flag. find more videos and trading insights in my telegram channel!

Pattern: 4H Rectangle. Signal: Bullish once the price tests the 1.13630 Support. Target: 1.14400 (just below the first Resistance).

Pattern: Rectangle on 1D. Signal: Bearish after the price hit the inner Resistance (1.60617). Target: 1.57500 (just above the Support Zone).

I recommend open buy after a pullback to a key level 1.3121 - Price in Uptrend - After a pullback, we can minimize risks Goals: 1.3197 and 1.3270

SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-2 Days Actions on - A – Activating Event Market will meet resistance in zone @1.339 - .... and fall to the 1.33. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.33 FX:USDCAD Trade...

SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @82.800 - .... and fall to the 81.200. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @...

SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @111.966 - .... and fall to the 109.86. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @...

Pattern: 1D Ascending Triangle. Signal: Bearish as the price was rejected inside the 1D Resistance Zone. Target: 3.7700 (expected Higher Low).

Creteria to choose the Short here: 1. Candles are weak ;More upper wicks in the last three candles. 2.Price is falling one candle after other candle. price action. 3.LBLS (LongBuyLongSellAlert )shows good downtrend about to short. TP1 : 0.68400 TP2 : 0.68100 SL : 0.68750

almost completed bearish bat pattern. Entry - 1.3325 T1 - 1.315 T2 - 1.305 Stop - 1.345

As traders we always must be prepared to go long or short. We can not be biased to one side. I have clearly defined zones and levels within those zones that I am willing to engage off of. I do not care which way price goes because I have a clear plan for both scenarios. In the mean time I do nothing. Do not force the trades, WAIT for price to come to you and if it...

SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @1.011 - .... and fall to the 0.991. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.991 FX:USDCHF Trade...

SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-3 Days Actions on - A – Activating Event Market will meet resistance in zone @0.725 - .... and fall to the 0.704. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.704 FX:AUDCHF Trade...

Pattern: Channel Down on 1D. Signal: Bearish due to the squeeze of the Falling Wedge (dashed lines). Target: TP(1) 1.81990, TP(2) 1.81500 (within the 0.5 - 0.382 1D Fibonacci levels).

- Price is at the bottom of the range on the weekly - upward bias - Price is forming a symmetrical triangle pattern on the D1 - The blue area is a historic S/R - RSI on the H4 is in oversold territory Wait for price action to go long

SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-2 Days Actions on - A – Activating Event Market will meet resistance in zone @0.8637 - .... and fall to the 0.854. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.854 FX:EURGBP Trade...

Bullish Sentiment

Expecting a further push-up before the continued selloff