Things getting interesting here at the EURJPY playground: Both downwaves give me the (exact) same projected potential reversal zone. Unsure whether we can see this zone as already hit or not quite yet hit because all in all this method has a bit of a glitch but the point we are at right now would be a good buy with stopploss below the 119.25's low. We arleady had...
Find an entry on 5M chart with stopploss 10 pips above 1.2965's high. This is not a trade call. Dont risk more than 1% of your account.
stopploss tight above the zone. this is not a trade call. dont risk more than 1-2% of your account on that well calculated stopploss/lotsize!
... price could go some deeper but for the early birds wih proper money- and riskmanagement it is ok to buy now with sl@119.70
...we are at an interesting zone. i use some sort of fibonacci based time and price projection which gave me the boxed areas as potential reversal zones. in addition - in case you like to hear about "support" and "resistance" you can see structure to the left and identify same zone as potential support. maybe you can find entys with good risk to reward ratio...
price now in retracement. find sells but dont risk too much. wide stopploss: above the impulsive downmove. tight stopploss: above your entry, - at your own discretion
i gave eurusd a chance with a buy this time. 5m timeframe candle inside bar broke up. stopp below.
my projection says go for a buy. this is not a trade call. dont risk more than 1-2% of your account on a wisely calculated stopploss
dont risk too much. only 1-2% of your accounts's money. calculate your stopploss wisely.
dont risk more than 1-2% of your account and set a wise stopploss!
Until the strong impulsive up 's origin point around 0.6850 is not broken i consider this to be impulse move with correction and expect more up. My projection suggests that at least some up action should happen from the point we are at right now. We have an inside bar in 30m timeframe and on the 1h chart as well. trade with care and have fun.
i just bought aussie here in my projected area. i risk 1% of my account on the stopploss that is 0.6880 this is not a trade call.
LADIES AND BOYS HERE IS MY PREDICTION FOR AUDJPY WITH MY TIME AND PRICE PREDICTION COMBINED WITH A POTENTIAL AB = CD MOVE PLEASE CONSIDER INGNORING THAT TRADE BECAUSE IT IS AGAINST THE BIGGER AND STRONG UPTREND. TRADE WITH CARE DONT RISK TOO MUCH AND LOVE WHAT YOU ARE DOING!
I bought AUDUSD with sl @ 0.6860 wrisk: 1% of my account.
LADIES AND GENTLEMEN ACCORDING TO MY ANALYSIS IT IS LIKELY THAT WE GET A DOWNMOVE FROM THE MARKED RED LINES WATCH OUT FOR SELLS THERE CALCULATE YOUR RISK! DONT RISK MORE THAN 1-2% OF YOUR ACCOUNT ON THE STOPPLOSS! HAVE FUN AND LEAVE A LIKE
ROOOAR!! WOULD BE FINEST RISK TO REWARD RATIO! I MARKED ENTRY PRICE ZONE AND DREW A SUGGESTION FOR A TIME PROJECTION AS WELL I MAKE A SUGGESTION FOR A STOPPLOSS AND I HIGHLY RECOMMEND THAT YOU CALCULATE YOUR RISK PROPERLY: THE MONEY YOU WOULD LOSE WHEN STOPPLOSS WILL BE HIT SHOULD NOT BE MORE THAN 1-2% OF YOUR WHOLE TRADING ACCOUNT. HAVE FUN, LOVE WHAT YOU DO...
My Analysis gives me two scenarios and that is what i do not like too much about it ;) Interesting anyway what it will give us in the end have fun! trade at own risk!
Another try for a buy at the grean area. The Zone is the 618 retracement aligning perfectly with the target projection derived from the way the upmove was developed. sl below the low. trade at your own risk. dont risk more than 1-2% of your account.