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Ninja

USDJPYWe are support level on every angle 1. Green box 2. EMA 3. Trend line 4. Fibonacci level 5. Oscillator sent buy signal 3 candle ago 6. Candlestick signal Summary : I guess you have seen it =)) Second Scenario: Breakout to the downside: We wait for short signals of course and then react I'll be happy to read your opinion and ideas, Remember, we are speculators, not investors ;) Have a profitable day ________________________________________________________________________________________ Golden Trading Rules: Nothing new ever occurs in the business of speculating or investing in securities and commodities. ________________________________________________________________________________________
by Aidin_Jabarpoor
USD/JPY: above 110.000Hi Guys, the pair crossed the SMA which technically provides a bearish bias. However please look at what happen on Jan 27 when it crossed the SMA. That week it didn't fall immediately on Monday. It found support before diving on Wednesday. Now timing is different. It's Wednseday and DXY has been weakening since the beginning of the week. Strategy: wait and see On Thursday US GDP data Q4 will be released which may strenghten USD if above expectations. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
by CozzamaraDaZena
USD/JPY some infoHi Guys, The move started in Oct'19 (work in progress below) but this move occurred on December 19, 2018 when FED increase rates, and it ends on January 3rd, 2019 when 116h US Congress become effective. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
by CozzamaraDaZena
This Is The Flag That Will Decide The Fate Of USDJPY!USDJPY recently broke out of a large structure on the daily and weekly time frame. The current structure formation on the H4 time frame is what I have been waiting for. This is the second wave of this structure which should complete at around the 78% retracement level from the previous high. I then expect to see wave three to the downside where I will then be looking for the start of the big move up! We could see a break after 3 waves complete or 5 waves complete but should this flag break to the upside, there are huge targets! Contact me via direct message for any assistance required Happy trading! Linton
Long
by Linton_White
1
Ninja (USDJPY) struggles within the rangeAs you can see in the chart, there's little to no space in the range where USDJPY has been locked in for some time (since the recent lower point), so here's some things to think about: The US Dollar Index ( USDOLLAR ) may breakout the resistance and go higher Or it may get rejected at the resistance and come back all the way down Considering both scenarios and the similar positioning I took on GBPUSD , I thought it would be reasonable to post my thoughts here about this pair.
by Ice_
USDJPY: the Ninja Gathering SteamLast week this major went up a total of 160 pips, gaining ground for a third week in a row and reaching highs not seen since 2002 . On Monday three US data points came out better than expected (including the high impact ism manufacturing pmi) resulting in a 100-pip rally. Tuesday we saw overall dollar weakness while commodities like gold and oil rallied. But the main event impacting the Ninja last week was the non-farm payroll on Friday. When this tier one data came out, it rallied 115 pips as the dollar soared. The data showed the US economy is doing fine, leaving the FED on course to hike the rates in September. Average hourly earnings also came out better than expected and the Greenback ended the week in a bullish sentiment. As the BoJ sticks to its QQE program and changes to the monetary policy are unlikely for the coming months, there is a strong divergence between these central banks and I remain fundamentally bullish on this pair. On the technical side, the price momentum also seems to point to more upside. The Ninja has been trading inside a bullish parallel channel for 12 days on the hourly timeframe and formed a bullish pennant after the Fridays NFP-rally. In doing so, it broke above and closed above the psychologically significant 125-handle . Pennants are a common and reliable continuation pattern and as such this one could serve as a conservative entry for the continuation of the established bullish trend . The period of consolidation inside the pennant gave the oversold RSI some relief after the rally, though it remains oversold on the daily. Its possible the pair has gathered enough steam to continue in the established trend direction and may eventually break out of the channel. It’s in bullish territory both fundamentally and technically. As is usually the case, the pennant was preceded by a sharp rally that is almost straight-line-like, called the pennant pole. Measuring this pole and expanding it upwards from the potential breakout point is a way to estimate the projected price movement in case of a break to the upside. This upside potential coincides with a daily structure S / R level from 2002. If the pair would break to the upside of the pennant, I would go long. The stop goes below the apex of the pennant. TP1 = 126.27 and TP2 = 126.78, which are both daily levels. In terms of trade management, when TP1 is hit I would take profit on half of my position and roll my stop loss to breakeven, enjoying a risk free trade towards TP2. There are 120 pips to be made (if this pair follows the script) and the trade has a reward – risk ratio of 5.0 !
Long
by JazzForex
2