The Breakout Opportunities system has just bought EURJPY at 125.853. The system recommends entering this trade at any price between 125.8 and 126.035. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.285, suggesting that the EURJPY may have further to rise. A stop loss has been set at the 24-hour...
The Breakout Opportunities system has just bought EURJPY at 126.629. The system recommends entering this trade at any price between 126.526 and 126.812. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.747, suggesting that the EURJPY may have further to rise. A stop loss has been set at the...
Shorting at market price - price has pinned the minor resistance and printed a sell signal (railroad track)
Selling at market price 126.485
SL above highs @ 126.905
TP lower down 2 support 125.123
See EURUSD trade idea to confirm correlation of EUR pairs and analysis
As usual don't bet the farm, good risk management won't kill you but the lack thereof could...
After last December's US economic uncertainties (US-China trade wars and US government shutdown), JPY played its role as the world's safehaven currency and rallied back to its mid 2017's levels. Since January this year we've been witnessing an indecision as to whether it'll continue its move downwards or pullback to its previous 130.000 levels on...
Last week saw this pair finally hit some resistance before falling back down into the kumo. This is a sign that we are currently ranging between trends, and while we have some mixed signals we are looking more and more bearish. I am looking for a bearish breakout entry which will hopefully coincide with a bearish kumo twist for added confluence. I've drawn out a...
We see the formation and completion of this AB=CD harmonic pattern on the 4 hr chart. Price action has also reached a major resistance zone at the completion of this pattern. We are currently short and our strategy is valid as long as price closes below the yellow resistance zone. For this strategy we are targeting the green zones. FX:EURJPY
TRADE: COUNTER TREND TRADE
NOTES: This setup I'm looking at is a CTT = Counter
Trend Trade on the EUR/JPY. After the Double Top with RSI
DIV, I'm able to execute a sell, involving myself in the trade.
What are your thoughts on this pair?
Pair EurJpy di Weekly masih lagi Downtrend
Jika lihat di timeframe Daily, market akan sideway sedikit. Probability pergerakkan besar agak tinggi utk memecahkan(breakout) sideway tersebut
Day trader boleh cari setup SELL/SHORT di timeframe H4 dan ke bawah