Get started

Uj

UJI know I am not the only person seeing this now - break of larger trend - retest of the channel - lots of slowing down candles (consolidation) ∴ we can expect an impulsive candle coming. Which will either be bullish or bearish. - chances are that it will be bullish due to the average direction and momentum the market has been moving all this time. - I will set a buy stop according to more information. Which probably means I will wait for the impulsive supply and then follow that demand (in line with my trading plan) NB!!!! All moderators reading this post, should there be any problems please do inform me and teach me don't just send thousands of links. We do not trade the same as people, so we cannot be posting the same or similar things.
Long
by Mhangwane1
2
Short UJ on 2nd test of 50% level on Sunday Night / Monday UJ traded lower on Friday and could be in for a minor top here. I'm looking for a retrace of the latest up move that has seen it rally into the 138's-139s. In the sharp downdraft late morning NY, UJ setup a short setup for additional downside in USDJPY. Look for a move back up to the 138.10 area. We encoun6tered resistance and traded away lower from this area. I am expecting a 2nd test of this area and if it does, could offer a compelling reward to risk ratio and an opportunity to get short for a move back into 135-136 area. This could be a multi-day swing trade to enter on a tight stop near the level and when it starts going your way, bring your stop to break even and let it work. Add on any spikes up as needed. And, remember to trail the move down with a 61.8% trailing stop,
Short
by CeresTrader
USDJPY, Bullish market, 4HrHello everyone, UJ began its official bullish momentum before the end of last week. Now that price has broken above EMA's and formed a double bottom respecting our demand zones, it will be in everyone's best interest to start looking for ways to enter into the bullish market. In this idea, I'm projecting that price will begin to reject in 136.300 price area and make a swing down to the next support/demand area on our four hour time frame in the 135.290 price area. If the projections comes true, look to enter the market going long at your own comfort level. If anyone has any questions, comments, or concerns, please do not hesitate to leave a comment. If this projection is similar to yours or agree with this analysis, please: Share, like, and/or leave a comment.
Long
by NoPumpFakesFx
1