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Eurjpylong

EURJPY LONGEURJPY bounced from the support level on the Daily time frame, this was due to more lockdowns imposed as Covid-19 cases surge higher due to non-vaccinated people in Germany, However we expecting the pair to retest the key levels listed on the chart. We taking this trade based on technical analysis and price action. (1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL (2) USE YOUR STOP LOSS (3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Long
by Pro-Trading-Africa
EURJPY BUY 400+ PIPS?!EURJPY has entered a daily orderblock and POI and we are showing signs of rejection. On my chart I have shown two trades, one with a shorter stop loss which allows us to get a better r:r. On the smaller sl trade i will be risking 1% On the larger sl trade i will be risking 2% Max exposure - 3% Potential take profit areas are shown through purple lines. DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
Long
by Turtlesoup_Maestro
EURJPY Falling Wedge pattern? On the EUR JPY currency pair, I detected the emergence of a bullish falling wedge pattern. This pattern gives the possibility that EURJPY will move in a bullish period. I predict the price will move up and have 2 upside targets. My first target is predicting the price will move up to the Fibbonaci cluster boundary. Second, I predict the price will rise to touch the top resistance level of the falling wedge pattern Note : The market will always change, I'm just sharing my view on the possibility the market will go away. If you have a different perspective from your analysis view, let me know in the comments.
by ivanderyoshua