EURJPY | 15.11.2024BUY 164.100 | STOP 163.300 | TAKE 164.900 | In the trend range, a short-term upward movement is expected.
JPYEUR trade ideas
EURJPY TF 4H 151124wait till price come into the zone and break out with big green/red candles
entry (TF 2h,4h)
SL at previous low/high
TP at Fibonacci
EURJPY: Bearish Move From Resistance 🇪🇺🇯🇵
EURJPY looks bearish after a test of a strong horizontal resistance.
First, the pair started to consolidate within a range.
Then, its support was broken with a high momentum bearish candle.
With a high probability, the price will drop lower now.
Goal - 164.26
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EURJPY - Backtest and AnticipationIn this video I backtest EURJPY up to current time as well as analyze price for future anticipation of directional bias and my own setups.
Hope you find this insightful.
- R2F
i want sell test here for 1H-4H time frameWell, we finally reached a price where we can test the sale transaction - good luck
Swing Trade Idea#1 Support zone retestedNovember 1, 2024. I published the the swing trade idea saying
" Price has now break above strong support/resistance (supply and demand zone), a very well respected area. Now we wait for the price to retest the demand zone to buy, with my strategy it could be a 60% grade."
Today November 15, 2024. Price has retest the well respected support zone has expected and that gave us a buying opportunity .
EURJPY ShortThis currency had a bearish momentum when it touched 156 only to retract to the 0.5 fib level at 164.
If the price fails to break out of the 165 zone & a daily candle turns bearish by the end of this week, then it might continue / retract with the bearish momentum retesting the 156 level.
An analysis using a shorter time length will follow to indicate the best entry position.
EUR/JPY For Bullishyou can go long now
- JPY under pressure
- price will break current inner resistance and will retest it
- H4 Gulfing Candle
have fun :)
EurJpyDaily and 4H are both bearish
Price just swept some liquidity and made a huge bearish candle, showing me intention to break those equal lows below
Some ThoughtHi👋
This is what I think
we have a very important LVL ( 163.55 ) that price doesn't reach it yet
my main TG is there
but for Partial Exit, I use base of the last pole to grab some Profit
Cheers
EURJPY SELLTHIS is my idea for the path of EJ price in the next two days. I would like to see the price drop below Wednesday's low and rocket once support is found.
Bearish reversal off overlap resistance?EUR/JPY is rising towards the pivot and could reverse to the 1st support which has been identified as an overlap support.
Pivot: 164.95
1st Support: 163.45
1st Resistance: 165.95
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EURJPY long tradeEURJPY is high TF long.
After yesterdays price action, my bias is now long
Enteries, Tp and SL all marked
EUR/JPY LONGPlanning on having a EUR/JPY long ,as the price is moving in uptrend and price is showing us momentum, I found a good and deep retracement , now the structure is shifting. A good time to enter the trade.
Disclaimer:
The ideas and strategies presented here are for informational and educational purposes only. They do not constitute financial, investment, or trading advice. Trading and investing involve substantial risk, and you should carefully consider your financial situation and seek professional advice before making any decisions. I am not responsible for any losses or damages incurred as a result of following or acting on these ideas. Past performance is not indicative of future results. Always do your own research (DYOR).
EURJPY on 4 Hour time frame ideas Hello everyone!
Here's my analysis for EURJPY on the 4-Hour timeframe:
The recent price action has broken below the ascending trendline and the existing structure. This suggests a potential shift in market direction.
Currently, the price is undergoing a bearish correction. I will be closely monitoring the 1-Hour timeframe for a potential breakout signal before considering a short position.
Let's see how it goes and comment what do you think about the analysis.
EurJpy Trade IdeaEJ has been in a range for some time now. I managed to catch some EJ buys earlier where targets were met after a clean change of structure at a level of support. With price still respecting the range and showing a break of structure at the level of resistance I'm personally looking to short the pair for a potential 1:3rr if price can give a bearish candle on both the 1hr and 15m. If price decides to head back to the upside I'll wait on another break and retest with some type of bullish confirmation to go long on the pair. We'll see what happens.
13-11 EURJPY 13-11 EURJPY This pair has a way to go up. Technically this pair shows a doubtful long position but fundamentally the pair scores a big buy. Our signal system shows a score of +9 consisting of: Cot Data 2, Retail sentiment 0, Seasonality 1, Trend reading 0, GDP 2, Manufacturing PMI 0, Services PMI 0, Retail Sales 2, Inflation 2, Employment Change 2, Unemployment Rate -1, Interest Rates -1.
EURJPY ANALYSIS.The price is giving a bullish signal, the trend is upwards and reacting in a strong zone.
EUR/JPY - Critical Key Level TheoryThis is a tried and tested "Break and Re-test" of a critical key level. We will see if price respects and touches the key level before meeting the full daily range and more.
Trading Reflection: Embracing Low-Risk, Low-Stress TradingWould you risk $266.38 for a potential return of $757.23?
That's the kind of trade setup I'm focusing on these days.
My Trading Philosophy
Over my 19 years of trading experience, I've encountered many "trading gurus" who claim that achieving a profit factor of 2 is impossible—that it's merely a textbook scenario and unrealistic. I chose to keep my thoughts to myself, but their perspective revealed a lot about their trading approach:
1. Constant Break-Evens and Overtrading: Chasing big wins often leads to overtrading and settling for break-even results, reminiscing about those rare "good feelings" when trades went their way.
2. High-Stress Environment: They operate under constant stress, obsessing over being "right," frequently intervening in trades, and deviating from their trade plans—all justified by their years in the industry.
Finding What Works for You
There are countless ways to trade, and results will vary depending on your strategy. Personally, I prefer a method that allows me to:
- Spend Just 15 Minutes a Day: I review my trading pairs, set alerts, and let the market notify me when it's time to act.
- Use Candlestick Confirmations: I decide whether to engage in a trade based on candlestick patterns at my predetermined entry points.
This approach ensures my profit factor for the final target is always at least 2—often even higher.
Mathematically, I can be profitable with only a 40% accuracy rate.
This allows me to seek trades with high returns and live my life freely for the rest of the day.
Current Trade Idea: Bearish Crab Pattern
I'm eyeing a Bearish Crab Pattern on the 15-minute chart. It might not be picture-perfect, but it offers a profit factor of 2, and I have RSI divergence supporting my idea.
Trade Management
- Once the market touches 164.02 or breaks and closes below 164.21 , I'll shift my stop to the entry price to attain a risk-free trade.
- Remember to include our stop-loss buffer when setting your stops.
Final Thoughts
Trading doesn't have to be high-risk or high-stress. It's about choosing a strategy that aligns with your goals and lifestyle.
Whether you prefer a fast-paced environment or a more relaxed approach, the choice is yours.
What's your trading style?
Do you prioritise low-risk, low-stress strategies, or do you thrive in the thrill of the fast-paced markets?
Share your thoughts and experiences below!
Stay patient, trade wisely, and happy trading! 🚀
REVERSING POS ON EURJPYEarlier I posted to buy EURJPY but the market reversed and gave us an entry to take to short.
Revers your position and take the same levels I placed on the chart.
