Nzdjpylong
NZD/JPY Day-Trading 07 Jan, 2021 : long target 75.7 By jiucai334I'm not sure when and where NZD/JPY may rally or bounce to 75.7,
Anyway it's clear that NZD/JPY stay long structure,
I'm doubt that NZD/JPY have any chance fall below 75.257,
So I have many limit pending orders, each attached a little stop-loss.
Yellow text labels are buy prices, and Blue text labels are stop-loss prices.
NZD/JPY BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
NZD/JPY: Daytrade-Execution
Market-Buy-Order: 74,200
Stop-Loss: 73,800
Point Of Risk-Reduction: 74,510
Take-Profit: 75,000
Stop-Loss: 23 pips
Risk: 0,5% - 1%
Risk-Reward: 2,10
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Peace and good trades
Irasor
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NZDJPY - will wait for price to come to where I want to tradeSince March 2020, this pair has been in an uptrend. A base was established in the 68.20-69.00 area from where the current up move was launched. Price recently broke above a major S/R zone located in the 71.50-72.70 area.
I expect that area will be revisited and this is the area I will be looking to find an opportunity to join the trend.
If this works out as per my analysis, this trade has the potential to provide a +4R trade.
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As always, please use sound money and risk management in all your trades.
NZDJPY - Day trade by Keltner 24/12/2020The right screen is never predicting before. Just a the best result at the history for confident to using for Trade.
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Max Risk: 2%.
Risk/Reward: 1/1.1
1. The Long signal is calculate by the Close of candle crossing up The Keltner Channel Upper.
2. The Short signal is calculate by the Close of candle crossing down The Keltner Channel Lower.
3. Reset the Up/Down confirm at Entry.
4. Don''t entry when occurs the Reversal Candle (over 80% the height of Keltner Channel).
5. Stoploss and Take Profit is calculated by Plus or Minus from the Price Entry.
NZDJPY, daily tf, bulls in control for nowHello my friends,
Another setup for next week is NZDJPY pairs.
As you can see NZDJPY pretty much bullish since breaking above the 5 months flag pattern.
For me, there is still further upside for this pair.
The measured objective of that 5 months flag pattern was around 800-900 pips in my opinion.
We could see NZDJPY continue to the upside until 76-77 area.
Long/Buy positons will be in favor for now and we will only look to buy this pair.
As you can see price right now consolidating inside a possible bullish continuation pattern right now.
This could be a pennant / flag pattern.
We will try taking a buy position at 73.35 area for our first buy position.
This 73.35 area is our horizontal support and possibly flag/pennat pattern support.
EMA-20 are also located near this area so pretty much it will be an area of confluences.
As price continue higher and make another pattern which is favorable for bulls, we will add more positions.
Buy limit NZDJPY 73.35
Stop loss 73.00
Take profit 75.65 (6.5 R)
RR Ratio 1 : 6.5
Use only 1-2% risk
Good luck
NZDJPY - long- Pure chart readingSome recent large volume has come in showing the interest from the buyers.
A sharp move up compresses time for any sellers in this area which I believe will make them more probable to exit if they get the chance on a retrace into their entry areas.
Trapped sellers are probably to become buyers.
Recent buyers are probably to buy again.
Identify large volume areas where there are multiple instances of probable outcomes to help predict a reaction. Pure chart reading.
Price should have a harder time moving down rather than moving up as there is no trouble ahead for this trade idea.
No indicators just pure chart reading of the participants behind the price structure and their more likely behaviours.
NZDJPY - Bullish BiasNZD - BULLISH
1️⃣ Increased risk appetite after the FDA issued an emergency use authorization for the Pfizer-BioNTech COVID-19 vaccine in the US today, with healthcare workers and elderly residents the first in line to receive the vaccine.
JPY - BEARISH
1️⃣ Japan reported a record of more than 3000 new infections on Saturday as Prime Minister Yoshihide Suga is set to chair a coronavirus meeting later in the day and could further restrict a travel subsidy programme to contain mounting infections.
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Technical
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We are buying the NZDJPY on the RBS + above the SMA 50 on the H1 chart.
NZDJPY - Day trade by Keltner 11/12/2020- Double bottom is with false breakdown.
- Higher High H4 timeframe
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The right screen is never predicting before. Just a the best result at the history for confident to using for Trade.
------------------------
Risk: 1%.
1. The Long signal is calculate by the Close of candle crossing up The Keltner Channel Upper.
2. The Short {Sell] signal is calculate by the Close of candle crossing down The Keltner Channel Lower.
3. Reset the Up/Down confirm at Entry.
4. Don''t entry when occurs the Reversal Candle (over 80% the Heigh of Keltner Channel).
5. Stoploss and Take Profit is calculated by Plus or Minus from the Price Entry.