EUR/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 2 touch 5 min continuation, reduced risk entry on the break of it.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/JPY could rise towards an overlap resistance and potentially reverse off this level to drop lower.
Sell entry is at 164.62 which is an overlap resistance that aligns close to the 78.6% Fibonacci retracement level.
Stop loss is at 165.45 which is a level that sits above a multi-swing-high resistance.
Take profit is at 163.61 which is a pullback support that...
CHECK OUT MY BIO....
Knowledge Required to nail
OANDA:EURJPY
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.
Hey Traders,
As EURJPY returns to financial crisis levels, its a good idea to plan future entries.
Trading rallies can be tricky, if you are irrational.
So trade rationally.
FX:US30 Knowledge Required to nail these US30:
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.
Do you require support to make money trading forex?...
CHECK OUT MY BIO....
Knowledge Required to nail
OANDA:EURJPY
1, Good understanding of price Trend/directions
2, Absolute respect for Supports and Resistances
3, Knowledge of candle stick patterns
4, Discipline to use partial TP, SL
5, Discipline to wait for confirmations and only act when required
See the video for more.
Hey Rich Friends,
I set a buy limit for EJ last night and it triggered and hit TP 2.
The key to any strategy is to trade what you see, not what you want. We are retail traders, not market makers, please listen to your indicators.
The main reason why I decided to take a risk on this buy is that although the market was moving sideways, the candles were still...
Hey Rich Friends,
Happy NFP Week! Please remember to check the news and trade with caution. To start this week off, I think EURJPY will continue to buy and here is what I am looking at:
- Candles rejecting price going lower in the demand zone
- Candles are above both EMAs and the blue EMA has crossed above the purple EMA
- MOM is facing up and positive
-...
Hey Traders,
Yen pairs fell rapidly over the Asian session as comments regarding rate changes.
Its so important to understand macro sentiment and also Tech levels.
Watch for more.
📊 Explore the dynamic world of forex trading with our latest video on the EURJPY current market outlook! Join us as we analyze the movements of the Euro (EUR) against the Japanese Yen (JPY) pair, offering valuable insights into current market trends, key support and resistance levels, and potential trading opportunities.
Whether you're a seasoned trader or new to...
Welcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EUR/JPY could fall towards a potential breakout level and drop lower from here should we see the BoJ finally raises interest rates today (19th March).
Sell entry is at 161.877 which is a potential breakout level.
Stop loss is at 162.800 which is a level that sits above an overlap resistance.
Take profit is at 160.380 which is a pullback support that aligns...
In this live trading video,we explore the reasons for when you should let a trade run and when we should set a target and not let greed or fear control our trade decisions. You can cross transfer these principles on any strategy.
EURJPY is rising towards an overlap resistance, price could potentially reverse from this level and drop towards the support level.
Sell entry is at 161.722 which is an overlap resistance that aligns closely with the 50% Fibonacci retracement.
Stop loss is at 163.451 which a swing-high resistance.
Take profit is at 160.256 which is the overlap support.
High...
after moving in an uptrend the price came across an are of resistance and made a double top pattern .. if we made a back test we will see it did the same thing
