MJY1! trade ideas
Japanese Yen futures short call verticalPure TA.
Oversold territory, so take care of the trendline.
Max profit: $213
Probability of Profit: 72%
Profit Target relative to my Buying Power: 20%
Max loss with my risk management: ~$250
Req. Buy Power: $1038 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 34 (average at futures)
Expiry: 36 days
Sell 2 !6JM1 Jun4' 0.0093 Call
Buy 2 !6JM1 Jun4' 0.00935 Call
Credit Call spread for 0.90cr each
Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 250$. Probability of loss in this way: ~20% .
Take profit strategy: 50% of max.profit in this case with auto sell order at 0.45db. Probability of profit this way: ~80%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
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JAPANESE YEN FURTURES : PRICE IS FALLING DOW ! ! ! !🔔Welcome back Traders, Investors, and Community!
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Asia-Pac JPY diverging the S&P In a bearish wave of the first quarter of 2021, JPY moves lower as it diverges the S&P Micro E-Mini Futures.
Long Yen Futures - Key supportA daily key resistance is formed when price break prior higher low and form fresh highs.
We seek to buy at these area for 1:1 reward and seek minor profits along the way.
6J1! forecast 🌧This thing just keeps sinking, waiting for a bullish sign before opening any call positions. Lord help us all.
JAPANESE YEN FUTURES (CONTINUOUS)A strong candle breached the vwap indicator down
The volume of sellers in the market has increased to make sure that I am on the right track
TP: 0.0094585
6J1!Hello everyone,
As you can see from the graphic the JAPANESE YEN FUTURES varies between these 2 peaks, now it is the start of another increase, buy 6J1!
YEN ITS GOING DOWNYen its gonna touch the resistance and come back down
Ill wait for confirmation on VSA signals
SELL 6J1!Hi everyone, as you can see on the chart we have buyers squeez, which means that sellers will take the market. SELL 6J1!
Buy 6J1!As you can see, the high volume candle which just crossed the comfort zone is a good signal that 6J1! market is going Long. BUY 6J1!.
JAPANESE YEN FUTURES- first chart ever :-) + news from the last just follow with us on the JAPANESE YEN FUTURES- first chart ever :-)
news for today :
1.
Wall Street opens higher after Trump signs $900B aid package
Wall Street is opening higher after President Donald Trump signed a $900 billion economic aid package, helping to reduce uncertainty as governments re-impose travel and business curbs in response to a new coronavirus variant
6J JAPANESE YEN FUTURES (15MIN)We have a Buy signal for my Prediction
Stop loss and Take Profit on the Chart
Currently SHORT Dec contract JPY but March Yen looks a bit stronger
Dec Yen contract Breakdown occurred at the .168 Fib of Nov 6th high
USD at important support currently
Yen Japanese 6J1 (Swing)Sell signal for my prediction
Stop loss and take profit mentioned on the chart
