Usdjpytrade
USDJPY ShortUSDJPY no interesting entries on Monday, not only on UJ but all pairs that I am interested. Prices were trending without any significant correction. At last, on late tuesday entered short on UJ and stopped out with -1R, the second short opportunity on UJ went as it should with nearly +4R
USDJPY - EDUCATION - 30. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Sideways waving market right now.
4 HOUR
Bearish market found its resistance on his pullback great short entrys for sure.
DAILY
Very bearish market found a small pullback and a resistance holding it now.
OVERALL
In my view we will see a last small push above previous week highs and resistance area,
to take out last short holders before heading down and taking out long holders which try to jump on the train now!
Market structure also offers a very good trade with a lot of confirmations.
Good luck
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Have a great week everyone!
ALAN
USDJPY Trade Idea# Support broken
# Tested as resistance
# Sell signal printed
Selling at market price @ 109.668 with
# SL @ 109.890 and
# TP @ 109.099
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As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
USDJPY Trade IdeaPrice is now at a strong resistance level and note the hanging man (hammer @ resistance) which printed - this is the sell signal.
Conservative traders will wait for confirmation (bearish candle)
Aggressive traders enter @ market price usually. This is for increased risk to reward ratio so
I am in short @ market price 111.952 and
SL above the high @ 112.227 and
TP at support lower down (and the next if the market keeps paying) @ 111.346
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
Follow me in forex Bootcamp using the Telegram link below
USDJPY Bearish Potential SetupSalam and hi my name is Khalid Hamid. USD Index is showing a reversal, thus USD pairs might go down too (including USDJPY).
Early sign is there but still need to wait for a STRONG BREAKOUT signal to the downside.
Watch the video to understand. ;-)
Tomorrow is NFP and few other high impact data release so please be careful with your trades.
Good luck and happy trading everyone.
KHALID HAMID, Malaysia
USDJPY - Pending SELLFX_IDC:USDJPY
I am trading on a small account, documenting my progress. This is not intended to be a signal!
Descending- H1 Channel
Awaiting Pull-back to retest upper channel, and fib level 0.382 were we have a sell limit placed. Take profit is at strong H4 Support.
Sell Limit - 110.380
SL - 110.816
TP - 108.500