Get started

Eurjpytrade

EURJPY Once again, market will always leave clues as to what it wants to do, I do not predict the market but my bias would be for a sell position seeing the price action clues on weekly and daily. Kindly like and follow for more, thanks Past results does not Guarantee Future Results, do your due diligence. Trade Rules: Use proper risk management When the trade is taken, once in 20 pips profit, breakeven and protect your capital As trade moves, look for fresh entries in line with the position taken
by Mbjoey
EJ Analysis 04/10/2020 -- UpdateI had already highlighted that for buys to be valid, price needed to break resistance and form a support. Price did exactly this and as support was formed, I looked for confirmations to enter buys. When the bullish 15m candle broke the high of the previous 15m candle which was our formation of support, I entered the trade. My stops were below the current 30m candle and I secured profits and left stops at BE when the zone highlighted as a potential barrier for price to break through was tapped. I left half of my position open and closed 90% of that at the 100 pip mark, with my final runner eventually getting stopped out at 98 pips profit. This is an example of trailing stop loss, every so often I moved my SL further into profit following market structure. The risk reward on this trade was 18.36 and price moved beautifully with no bumps along the way.
Long
by rhf_fx
EJ Analysis 04/10/2020We are currently trading in a 30 pip range. 1) If we close above 123.475, look for support to form on lower timeframes before executing buys to fill the range up to 123.800, I have highlighted a potential barrier. 2) If we close below 123.175, we can look to target the next support down at 122.950, and if Asian volume pushed price down maybe even target 122.550. For sells to be valid we need a break of 123.175, and resistance to form on lower timeframes Buys are looking good now however.
by rhf_fx
Daily Update__ Sell__ EUR/JPY-- W1Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
by morshedul-munna
EURJPY - Outlook 4 October 2020 - Sellers are getting ready?Hi all traders, This is a video analysis on eurjpy. Do take note of the levels for eurjpy. Im not expecting any big moves from this pair yet. So please be patient on this pair trading.. For now do not aim for big pips first for eurjpy. Take the trades based on the levels i have advise you in the video. Cheers and thank you! ****Follow me on tradingview for more video analysis**** **Like and share this video analysis with all your friends.**** Have a nice day!
by FxTradingWarrior
4
EJ Analysis 29/09/2020We are currently trading in a 15 pip range. If we break resistance, and form support on lower timeframes, buys could be valid up to the next form of resistance as there is a 15 pip range to target, however I have highlighted a zone we need to watch with caution as it is a previous rejection area. This is why I would prefer sells, we have a much cleaner 18 pip range to fill with no barriers. So if we close below support, and form resistance on lower timeframes, sells would be a solid option.
by rhf_fx
EJ Analysis 28/09/2020We are currently trading in a 15 pip range. I will not be trading in the range as it is too small. If we break above resistance and form a support on lower timeframes, I would look to execute buys up to the next resistance, I would look to secure positions at the first two buy targets highlighted on the chart as those are rejections areas. There is clean traffic to the downside if we manage to break through support and form a resistance on the lower timeframes I would look to take potential sells as there is a decent sized range to fill.
by rhf_fx
EURJPY tend to move further downside,support levels are broken⚡️ The price felled below the 50% Fibonacci and 123.00 key psychological level ⚡️ And the previous price action level was broken and felled below the support level ⚡️ Risk sentiment is remain negative and in Asian session it has make a long bearish candle in 1hr timeframe ⚡️ The price is well below the 03 EMA's and the Ichimoku cloud is pointing towards south ⚡️ RSI is felled below the 50 level reaching towards 30 we can expect minor rebound from this level but EURPY is trading in a downtrend ⚡️ At current level we can see a clear bearish structure. ⚡️ At 11.30 GMT ECB president Miss.Lagarde going to deliver a speech we are expecting that ECB will make a concern about recent appreciation of EURO. And the worrying about recent surge in corona virus ⚡️ The next key resistance level would be 121.00 and a potential level for trend reversal ⚡️ In Elliot wave principal The second wave i already completed and The 3rd wave is underway Pivot points-H4 R3 123.25 R2 123.07 R1 122.75 PP 122.57 S1 122.25 S2 122.07 S3 121.75 Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas
Short
by forexorbit