Usdjpybuy
USDJPY maintains structure. Next stop, 108.70?USDJPY continues to maintain structure, finding support around the 107.40 zone
If price can close above 108.10 we could potentially see price break out of the channel, pushing back up to 109.37
If you have any questions please feel free to comment below.
Can You Trade Forex With Our Strats, Absolutely! (USDJPY)Hello forex traders! 😁
I get a lot of questions lately about our strategies about using them to scalp in smaller timeframes / markets other than cryptocurrency.
All markets go up and down and our job is to identify the turning points in any market with our signals.
You can clearly see the buy and sell opportunites on this example of USDJPY 15 minute timeframe.
When they all line up we look to go long or short the market for a quick scalp.
It all comes down to how active you want to be in the market and what your goal is per trade.
Obviously in the smaller timeframes you will have more noise to fight and have to be quick on your trades to get in and get out.
If you want to be a daytrader or a swing trader our strategies can help you make it a smoother experience.
I specifically trade larger position swing trades in crypto and stocks, but you can use on any timeframe and any market!
I hope this helps answer some of your questions if you have been curious about how we trade the markets and which markets we can trade with this setup.
Have an awesome day, happy trading! 💰
🥇MLT | PRO TRADERS
U.S. DOLLAR / JAPANESE YEN (USDJPY) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
USDJPY | Quick upside move?
The price has broken up aggressively, and is currently doing a correction.
Technically, the 38.2% Fibonacci level is acting as a support area right now, with the next one being the 50% retracement level (as seen on chart).
Moreover, based on the bullish price action we have seen in the past few days, we are expecting more upside movement on this pair moving forward if it manages to break the correction trendline.
No pre-defined entry price for this particular setup.
We will enter the trade IF and only IF the price breaks and closes above the correction trendline.
Stops just below the 50% Fibonacci retracement.
Fundamentals to keep an eye on:
1) USD Core Retail Sales m/m (Fri)
2) USD Retail Sales m/m (Fri)
Risk only: 2-3%
Good Luck!
U.S. DOLLAR / JAPANESE YEN (USDJPY) Daily, 4 HourDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the daily and 4 hour arrows are pointing in the same direction are the most
profitable.
This is not trading advice. Trade at your own risk.
This is the analysis. I m going to use for Usd Jpy Pair 4 hr tf.In the above analysis on 4 hr timeframe scenario. I have drawn 2 horizontal lines as resistance and support levels zone.
The other 3 lines of horizontal rays are the breakout level of zones.
Disclaimer:- This is not an entry signal nor a trade setup. This is my just reference analysis and it's for educational purpose.
USDJPY - SWING - 04. MAY. 2020Welcome to our weekly trade setup ( USDJPY )!
-
1 HOUR
Slowly bullish rising market.
4 HOUR
Bearish market structure turned bullish again!
DAILY
Great long entries at range low, looking for a push to the upside!
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FOREX SWING
BUY USDJPY
ENTRY LEVEL @ 106.870
SL @ 106.420
TP @ 107.480
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
USD/JPY: Your OPPORTUNITIES for the WEEK Hey tradomaniacs,
this is just meant to be a weekly preparation and shows that USD/JPY is currently right at a significant level.
If the Key-Resistance-Zone can`t hold and price breaks through trendline we could get a potential BUY-SIGNAL!
If the market rejects of the Key-Resistance and Trendline we could get a potential SELL-SIGNAL!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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