Eurjpylong
Thu 18th Aug 2022 EUR/JPY Daily Forex Chart Buy SetupGood afternoon fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/JPY. 3rd attempt at a Buy with the MACD Platinum still below the zero level. Enjoy the day all. Cheers. Jim
We have a EURJPY alert 📳Long trade alert for EURJPY has signalled.
Trend trade identified and entered.
Working H2 timeframe.
Trade details can be found on the chart in printed label.
All the TP values same in label as that's what I'm aiming for on this strategy.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Yesterdays CADJPY share hit TP lets see if this Yen pair idea can also.
Thanks for looking
Darren🙌
EUR/JPY W/D/4H Analysis, Long Setup After Huge Bullish Closure ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURJPY, Clean price action.Hello Traders,
Looking on the HTF we can see that the price is approaching the lower boundary of bullish continuation structure which has already made multiple swing highs and swing lows. On the LTF, price is correctively moving within a developing descending channel. I will only be interested in taking this trade if we get a reversal impulse followed by a LTF continuation correction to show bullish momentum.
Trade Safe
Thanks.
EUR / JPY Long setup1. In daily demand with M15 choch and bullish divergence
2. On daily TF still bullish and between 0.618 and 0.764 fib level
3. In need of correction / retest
4. Wait for double bottem on LTF for entry or take entry of the M15 OB with or without M1 choch confirmation
5. Agressive SL 135.537 / conservative stop 135.000
Buy EURJPY | 1:15 Risk to Reward! InstitutionalRisk-To-Reward: +14.9
Buy EURJPY Now @ 138.150
Stop Loss: 137.800
Primary Take Profit: 142.200
Swing take Profit: 145.800
Use the Risk-to-Reward Visual Trade Levels For Risk Free Trading
***I personally am trading a 100k account so I focus on 10 total Pairs excluding Crypto daily, risking .25% per trade position aiming for anywhere from 1%-3% gain.***
I am an institutional style trader and I go with the order flow of the market noticing price action more than anything and technicals are always last because throughout my 7+ year trading career I learned many styles and lost a lot of money chasing profits instead of understanding the psychology of trading and emotional intelligence it takes to not trade, but to make consistent profits and not risk my own hard earned money. Hope you take the advice and follow my trade ideas for more I cant post everything but my will be posting them on various platforms for before and afters.
***CORRELATES WITH GBPJPY***