Eurjpylong
EURJPY A1 Long C Grade (Idea)This trade idea on EJ was one of two trdes that presented today, both at 9:15 CAT, 15 minutes after London open. In my notes you can see why I avoid these types of trades, and it has once again saved me money to avoid less probable trades. The other trade was a winner, and fair it did have less knocks than this idea, but it still has both parametres that I avoid trading. Today is another flat day for me but here are my ideas.
EURJPY Long updateTrade was taken, stop loss placed below the wick of the candle that broke the high of the previous candle, partial position was closed at 10 pips with the rest of the runners having a stop loss at break even.
This was a perfect set-up, when we scalp these ranges all we look for are predominantly 10 pips, manage risk and enjoy the day.
Will continue to look for more trades, if this idea helped you out please leave a like and let me know what you think!
EURJPY buy ideaNot much analysis to go over with this potential trade, we are currently trading within a range where the resistance is signifacntly strong meaning any bullish momentum beyond this could be a continuous move to the upside.
The key here is to watch out for potential fakeouts that we have seen over the past few trading days, the market is having a blast with fakeouts in ranges so it is important we only take trades with high probability set-ups.
As always, if you like this potential idea and have any feedback, please leave and like and comment. If you have any requests for pairs or suggestions feel free to let me know, I'll be happy to get back to you :)
EUR/JPY : SWING PRICE ACTION - PRICE IS GROWING ! LONG SETUP ⚡️Hello Everyone, I hope you'll Appreciate our Price action Analysis !
Our strategy is based on Swing trading with price action Analysis and Advanced Fibos tools.
Please support our page by hitting the LIKE 👍 button to this Idea and Follow us to get NEW ONE!
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
If you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Have a Good Take Day_Profits !
EURJPY: Two Trading OptionsThis is an illustration of the two potential trading scenarios that may present themselves in this region.
Option 1
Price fails here after wiping two previous high liquidity points and comes back to mitigate buyers before rising again.
Option 2
Price pushes higher to regain liquidity from some long term sellers before continuing bearish down to the structural region.
What option are you going for?
Trade idea - EURJPY BUY opportunityAnticipation of the Golden cross(Crossover of 10 moving average over 20 moving average) occuring on the daily chart.
This setup convinces us to go long on this pair and we have a bias to BUY this pair above 129.50 with the view that it will cross 130.00 and beyond.
EUR/JPY BULLISH
I started of by noticing a bullish reaction to a level of interest to the upside in the daily chart. In order to confirm the bullish directional bias, a major accumulation was identified in the 60 min chart. However a minor accumulation within was formed and a trade was taken upon confirmation , in the event of confirming the previous major accumulation an even smaller accumulation was formed and a trade was additionally taken based on it. After the consecutive minor accumulations the market picked up enough momentum to confirm the major accumulation which we are now looking to participate on, given the conditions remain bulllish and the accumulation is not invalidated.
For more in depth explanation or discussion. Leave a comment below requesting.
Long Vision on EUR JPY for 19/08/2021Hello Dear Traders,
You find below my analysis for EUR/JPY, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/JPY will rise to 128.6 as I am showing in my chart. Our Daily Goal is 128.8 .
Currently, EUR/JPY is moving towards the support level of 128.3 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/JPY.
Good Luck and enjoy your Bullish Market for today.
Entry:@ 128.2
TP1: @128.6
TP2: @128.8
TP3: @129.1
SL: @127.9
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!