EJ BUYSon the setup and trend lines w breakouts ive set up, on my analysis it will continue up to my tp1 for some small trade
EJ
EURJPY ShortTook two losses this morning on EURJPY.
Great entry set ups last night using the A2 systems by #ASFX
Two things I should consider going forward:
1) Divergence
2) not off a key level like the previous to winning trades.
Maybe this was forcing a trade as I was trading the continuation of the trend.
#EURJPY #short #sell
EURJPY 💶/💴The Daily candle just closed at 147.58. This price was our previous Daily Level. Price is still technically in a range between this price and 146.71. After spiking up to previous Monthly High at 148.4, we rejected those extreme prices and came flying back down into the current range right now. Price may continue bearish from here and we can call it a Fakeout as price failed to stay above 147.58 Daily level initially. Returned back into the range, tocuhed bottom of range, now price is coming back up for a last retest before returning back to the bottom of the range at 146.71.
EURJPY - AS EXPECTED, WAIT FOR THE SHIFT!Last week I shared my reasonings for the likely continuation on EURJPY, as we can see from the chart, we have now entered a major supply area of which I will be looking to go short after a market structure shift on the lower timeframes. (15m/5m)
There will be lots of fake moves/manipulations in this area due to it being a major zone. So remain patient, be vigilant and enter shorts ONLY when confident the environment is changing.
I will post further updates as necessary, good luck!
Best wishes,
Jake
ASIA: EURJPY - REVERSAL SETUP - MOMENTUM ENTRYMarket seems to be setting up for JPY strength and potential validation of higher timeframe trend change. Lets see if it plays out
EURJPY Short Trade SetupThe pair has a head and shoulders formation with price confirming the breakout of the neckline and previous structure support on min15 has turned into a resistance thus we will be looking for shorts around 147.45 to 147.49.
Stops above: 147.74
Targets at 147.30 & 147.08
LONDON: EURJPY - BREAK & RETEST - MOMENTUMMid term outlook on GJ and EJ bullish and now we have a potential setup to join the trend. Classic break and retest. Lets see what happens
EURJPY Flag pattern A flag or triangle pattern formed in EJ wait for the breakout and take the trade.
!! Trade safe !!
LONDON: EURJPY - BREAKOUT - MOMENTUMBreakout playbook used in this retest sell to try to catch bearish momentum for at least 1:2 RR
ASIA: EURJPY - BREAK & RETEST - REJECTIONSecond and last trade activated in this London session was a reversal setup and entry with all playbook criteria met. Lets see how it goes its moving fast
EURJPY ShortEJ has reached a strong zone where price reacts on the Daily and Weekly. Looking for a small risk trade with risk of 1:2.
LONDON: EURJPY B&R BUY STOP - MOMENTUMJPY pairs seem content to continue to push upward and we can set a buy stop in case this hypothesis is correct, to join the next short term move up for at least twice our risk
EJ Yearly ChartHello Traders!
BoJ (Bank of Japan) has not raised rates since 2016.
The current rate is negative.
ECB (European Central Bank) has recently raised rates over the years.
The current rate is positive.
It is reflected in the price action. Central bank traders want the best ROI (rate of return).
EURJPY Flag pattern in 4h time frameA flag pattern formed in EJ wait for the breakout and take the trade...
!! Trade Safe !!
EUR/JPY - DXY Told us somethingOANDA:EURJPY
Initial DXY dollar reaction to Fed Chair, bullish move.
So looking for plays and took the EUR/JPY
Easy 10pip short hard TP
When all triggers align, don't second guess, jump in, do or die.
They key is TRADE MANAGEMENT.
Trade well
EURJPY LONGHi Traders,
A possibility for Price to rally upwards making a 3rd touch on the bullish channel and respecting the Fib.
Entry Price: 143.9
Target Price: 145
Hit the Boost and Follow me if u agree. Trade Safe!
Thank you.
EURJPY - Wanted a Scalp Before PMIOANDA:EURJPY
Friday!
Normal it means slow chop (after London session, into NY) after a weeks of news, but today, we have PMI coming up and wanted to steal TP at 10 hard pips.
Another reason why 10 pips TP, because I wanted to get out before PMI news release, price action forming a triple bottom, and 10 pips right around the 3rd bottom.
So thats my reason, and I'm sticking to it...
This one was an easy one, well, nothing is easy, but easy in a sense that I just went in the direction of the trend.
Trade well
EurJpy MP Trading Bias: Open
Market Cycle: n/a
I'm going to hold on to the short bias from yesterday for now, but HTF is still bullish,,
Accumulation is evident just above the weekly level, this could also get rejected and we move bullish from here, so I want a strong break out and retest before shorting..
EurJpy - Manipulation Point tradingEurJpy
Bias: Long
Market Cycle: 2
Potential longs from the green marked area,
Will follow the GFX strategy blueprint, look for an SR & CC from 144.86
NY: EUR/JPY HARMONIC - LIMIT ATRWith the reversal of several majors against the dollar, lets see if EJ harmonic setup has enough gas to get us to 2R
NY: EUR/JPY BOBBI - MOMENTUMTaking a quick market execution long on EJ following a break of our RSI moving average with confidence that EUR is showing strength and JPY weakness across the board. Used our playbook setup "BOBBI" (Break Out Break Back In) with momentum as our entry criteria. Asia and London have treated us well, lets see what NY has in store
EURJPY SHORT!! (SETUP UPDATE)Hi all!
EJ is looking INTERESTING!
The pair collected Imbalances from the crazy drop back in Dec 2022. I have had this POI marked for a long, long time!
I will monitor LTF and wait for CONFIRMATION, then enter A SHORT POSITION..
Take care!
