Uj
UJBeautiful entry and the timing is perfect.
Stay watching 144.00.
- break and close above will see impulses up to test previous highs
- bounce and close will see the melt continue
UJI have no reason to be bias but you can obviously see the appeal.
4H
* High (146.00), tested twice
*Low (140.200), triple bottom
1H
* Trend = Bearish (Zoom Out)
* Rejection of 146.00
* 1 more confluence and we place sell stops and market execution
15Min
- just wait for market open and candlestick close
- this trade is very profitable, inline with our plan
- wait for it to come to us
UJ at a flip zoneHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Looking at a potential double bottom to break to the upside, if that doesnt happen UJ likely gonna move lower ,waiting for h1 confirmation...
Do check out my stream video for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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USDJPY: LETS GO LONG BABYYYWe just saw clean bullish momentum for this pair and a bullish trend change!
Now looking for trend continuation to take a long trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bullish trend change on 15min and ATTACK!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
UJThis did not pan out the way we expected.
But because we had sell stops and they weren't triggered we are still okay, now we wait for the move to the next level before we add or minus anything.
UJWe had the wrong thought and were in the opposite direction which is okay because that trade was not taken. Due to low confluences and a weak RR, so technically we were correct in our analysis but wrong in our forecast.
UJHere is the short version of the sell bias which will also prove that we are still going down. It is not a trade will be looking for as the RR is not in my favour. None of my triggers have been hit.
I will wait and watch, because I have running sells with GJ I don't want to have a bias.
I want a clean and clear reason as to why I would take those sells, not just because it's happening one side.
ANOTHER USDJPY SHORT- MONEY PRINTER IS LOADING AGAIN !We are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs.
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
USDJPY 2024-25Have we not prophetized in your name? why you have so little faith my dear son? is it because of the time being long or you no longer believe? Remember that patience obtain all things.
Chart speaks. We shall monitor lower Time Frames
UJThis went well.
Double top where both almost knocked out the trade.
What it showed is that, that zone was highly sensitive and a great place to have a sell stop and place 2 more trades.
CANNOT WAIT TO SHORT USDJPY AGAIN! GET THE MONEY PRINTER READYWe are seeing clean bearish momentum for this pair. Excellent and clear market structure of lower lows and lower highs.
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bearish trend change on 15min and ATTACK!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
UJBigger timeframe has shown us LL and LH, therefore we are sinking. We should not be looking to fight the trend but follow and capitalize.
So it to be clear and straight forward we will wait for one the rectangles to be hit, retested and candlestick confirmation in the area in order to decide what we are doing.
With that gap we can guarantee that the gap will be closed, how it will be closed is yet to be determined, so keep watch and plan ahead for both moves.
UJWelcome to one of my favourite pairs.
I will apologise to it for not respecting it enough and caring enough to always give her time. I would like to change that and make it better and build and do better.
High = 151.943 (Has been hit 3 times, area of sensitivity)
- results in dramatic drop from this point, once in OCT 2022 and twice in NOV 2022
- This should give us directional views of what to expect when hitting those levels
- Since May 2022 we have not seen it take a break till 151.94 (not slowing since 2000)
USDJPY following its downtrendWith today's data we saw UJ continue its downtrend. I believe that it will bounce at around 141.700 and then reject back off the trendline to continue lower.
USDJPY 19/11/23USD JPY in a bearish range as it was from Thursday we created our swing low and confirmed our swim pines we're now waiting for every sweep of the swing high for continuations down or a break out of this range lower which we can then continue to follow into this new bearish range.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
USDJPY shortUSDJPY inverted his trend for Bearish Side.
As first target we can assume that we will fill last wick ar 147.277
Time for implemention: Next days (this week)
📣SELL SHORT USDJPY 📣 ratio 1:2
🔴 EP: 149.275
🎯 TP: 147.277 ❌ SL: 150.274
USDJPYAccording to the theory I have on JPYX tagged below and was my previous post, JPY has broken a triangle consolidation and seems to be showing signs of a strengthening yen, we can see in UJ we can kinda see the same thing happening. I will be keeping an eye on this pair into next week.
UJ setup I used pro price action market structure
Major weekly,daily and 4hour trends are use to determine the provided setup
Supply and demand is the main game plan
USDJPY UPDATE. Either push now or unclear again.UJ holds the bullish trend, that's for sure. But multiple intervention bring unclearaty to this market. Please see connected ideas for context.
USDJPY nearing 150 again! Overview
USDJPY is nearing the 150 handle again. The Bank of Japan (BOJ) may intervene, creating lucrative JPY buying opportunities.
The Details
The Yen is weakening. The JPY Currency Index ( TVC:JXY ) has the Yen at all-time lows. The last time the Yen was this weak was in September and October 2022; the BOJ intervened in the FX markets to strengthen the Yen—sharp moves of 500 pips formed in hours!
USDJPY is back at the 2022 intervention levels. On the 3rd of October 2023, it is suspected that the Bank of Japan (BOJ) intervened to strengthen the Yen, which formed the 'BOOM' move identified on my chart. The intervention caused a bearish move of 300 pips.
In the coming days, USDJPY may reach the 150 handle again. The BOJ has two options:
Further Intervention - The BOJ may continue with FX intervention. This could bring a bullish shock to the Yen, especially USDJPY, like in October 2022. Expect a move of 400 to 600 pips to the downside on USDJPY. Maybe more. Maybe less. This could be followed by further JPY buying.
Interest rates - The BOJ may move away from negative interest rates. A rate change is BIG news for the Yen. Possibly, the Nikkei also. This is significant because monetary policy shifts from negative to zero or even negative to positive rates. This change could end the JPY selling and mark highs on the USDJPY chart.
Either option, the JPY weakness, especially short-term, is ending.
Things to consider:
Beware of slippage. The initial move will likely be quick and sharp, causing significant slippage on JPY orders.
If you catch the wrong side of the move, you could blow your trading account if you are over-leveraged and over-exposed.
The swap rate on holding the Yen is terrible, especially USDJPY. So, USDJPY Put Options or trading the JPY currency index may be better than spot FX.
Excessive and volatile moves against the Yen could be the catalyst that brings intervention rather than USDJPY reaching critical levels.
USDJPY may reach the 155 handle before the BOJ take action. My area of focus is 150 to 155.
UJ: “Break Out, Break Back In” Setup on “IBM” Entry (30/100)System has identified a “BOBBI” playbook setup and an “inside bar momentum” entry during the third hour of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
