Get started

Usdjpybuy

USD/JPY - Key Level Reached, Bounce Or Break?Hello Traders!, Hope everyone had a successful week trading, here's my analysis on USD/JPY for the next week we have ahead of us What Is The Market Telling Us? Consolidation has been occuring for the past 2 trading weeks ranging from support & resistance Bearish fakeout has occured to STOP OUT retail traders from their sells to bring the market to a higher price Bullish crossover has occured Price has reached peak bullish volatility and is now halted by resistance level When Should We Enter? This scenario can go both ways, if youre LONG look for a clear break & retest of resistance before BUYING If you're SHORT, wait for a bearish candle close or a bearish pattern to occur before SELLING
by forexwithfred
2
USDJPY Am I crazy or really break through 108,00 ? Hello everybody. I will show you what my expectations are for USDJPY. Let's look at the weekly schedule. We see that we have a range. On the daily chart we have range again but with a fake breakout and a very nice last candle. Last week the bears were stronger in the beginning, but the end was for the bulls. This makes me think that the bulls will show their strength in the new week. Whether he will be able to break through such a strong resistance of 108 is a matter of time. If this happens and we have a test of the new support I will try to find a suitable input. If you find this useful - give a like! If you have the same or different vision for the future movement - comment!
by NikiGeorg
2
George Floyd and USD dollar CRASH ?We're witnessing a painfull moment in America, because of the tragedic incident of George Floyd. What could happen to the USD dollar ? Could it stand firm or lose it. When I was drawing all the trendlines , fibonacci, seeing an insdie bar, left right shoulder inverse, indescison candlestick, bullish shaved bar to reach my target around 135.000, but all those protest in the United States make it worse. What do you think what it will happen sunday night ? I am sure we will see a huge gap to the USD dollar and from there it could lose it volume buying because of the unstability in America. like and react what you think guys ? Have a nice day and enjoy it
by price_action_bars
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
Education
by UnknownUnicorn2319099
4
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.
by Dinjin
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!
Long
by UncleBullFX
2
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.
by Dinjin