SGDJPY trade ideas
SGDJPY, Sell on H4**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions, -
SGDJPY LONG ENTRY SETUPWaiting for entry by setting up crossover alert on the slow stochastic.
Use stocktwits to verify safe fundamentals before entry
Where it goes after this target is beyond me. Mixed signals means move on to something else.
SGDJPY 4h AutoUFOs™ Trade Alert! 19 June 2019Execution:
Buy Limit @ 79.05
Protective Stop Loss @ 78.80
Take Profit @ 79.45
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 4h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
SGDJPY 4h AutoUFOs™ Trade Alert! 19 June 2019Execution:
Buy Limit @ 79.05
Protective Stop Loss @ 78.80
Take Profit @ 79.45
Rationale:
Buy Un-Filled Orders (Green UFO) available in the 4h time-frame
Sell Un-Filled Orders (Red UFO) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
SGD/JPY, open entry after range break outI will open buy when the price will break out a range
The best entry will be when 1 or 4-hour candle will close above 80.23 as confirmation
Possible SGD/JPY short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe 1-4 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @82.800 - .... and fall to the 81.200. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 81.200
OANDA:SGDJPY
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 81.200
Target 2 @ ....
Risk/Reward @ 5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
SGDJPY UpdateThis setup is crazy...the bearish gartley pattern is still respected considering that price retraced from the 61.8 level.
On the other hand, price made a recent ABCD pattern and has now completed C...let's ride now ahead of the London-NY session.
Don't forget that the head & shoulder pattern prompted us to take the trade...lol those are enough confluences.
SGDJPY UpdateThis setup is crazy...the bearish gartley pattern is still respected considering that price retraced from the 61.8 level.
On the other hand, price made a recent ABCD pattern and has now completed C...let's ride now ahead of the London-NY session.
Don't forget that the head & shoulder pattern prompted us to take the trade...lol those are enough confluences.
SGDJPY shortHello guys, I got a crazy setup on SJ...It just from retesting the neckline perfecting and now we're ready to enter out shorts...remember your entry always matters. Good luck!!
SGDJPY Forex Cross Pairs dropping with new supply levelsSGDJPY Forex Cross Pairs dropping with new supply levels imbalances being created. Weekly supply level around 82.27 has gained control, price is reacting to it creating weekly bearish engulfing patterns and new daily supply level around 82.48. That last daily supply imbalance has taken control a few days ago and had price drop very sharply from it.
New supply levels are being created on lower timeframes, no longs are allowed on this SGDJPY Forex cross pair with daily and weekly supply imbalances in control. No need to use any lagging indicators, volume analysis or take into account fundamentals or earnings releases, we trade only supply and demand imbalances using a predefined mechanical set of rules.
Pattern complete, take the LongTake profit at 82.3, confluence with the Fib retracement and resistance level.
Possibly entries to short the retracement of SGDJPY @ 83.00There are two possible entries. 1) looks safer at the top of the supply area @83.00 and ride it down to TP 1 at 82.80 for 20 pips or 2) entry short will be at 82.70 The bottom of the supply area (resistance) and look for TP 1 at 82.50 for 20 pips
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Spanish version: Hay dos entradas posibles. 1) parece más seguro en la parte superior del área de suministro @ 83.00 y desciende hasta TP 1 a 82.80 para 20 pips o 2) el corto de entrada será a 82.70 La parte inferior del área de suministro (resistencia) y busque TP 1 a 82.50 por 20 pips
SGDJPY support level 82.402. Strength (4/5)
Here we have a great trend line pattern that is taking place. we see the candle bounce of support level 82.402 and we plan to enter trade until a retest has been made on the support line as seen in the image with the arrows and we make a trade with shown TP and SL. Other probable scenario is the price level breaks through support level 82.402 and we wait for bounce off bottom trend line and on the close of a low volatile bull candle, place trade with take profit and stop loss.
SGDJPY long intraday/swing trade set-upSGDJPY long intraday/swing trade set-up based on higher time frames trending up, strong green volume on 1D, and pullback into the 50-78.6 optimal entry zone. I will take a long position if we get some consolidation and further bullish momentum at this level. Trading currencies carries a high element of risk where financial loss can be significant. This analysis is not to be construed as financial advice.
