This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
1 short-term shocks coming to an end. 2 out of the possibility of greater double bottom
Hey traders, after waiting for a long opportunity on this pair yesterday we've now changed our bias on EURJPY 0.13% due to price action language. Learning how to read a price chart gives an edge on the market and allows you to be prepared to whatever markets can offer. In this case, being the break of structure to the downside, trend is headed lower and i want...
Morning guys, Glad we all managed to make some on the eurusd trade yesterday at 1.08298, with the ECB offering a bazooka purchasing bonds with a minimum one year maturity including those with yields below deposit rate (-40bps). EURUSD has begun its move toward parity in coming months, most likely before the French Elections. If anything the ECB policy meeting...
We have 2 options for this trade: Plan A: Waiting for 1-2 more bearish signals to short High Risk to Reward Ratio Plan B: Continue with the trend The price breaks the resistance zone, wait for pullback and go for long :)
Hi guys, here on the chart we recently broke and closed above the daily resistance level (black line). With that being the case i suppose market wants to go higher, in order to catch the move we have to wait a good retracement and then hop on the trend with a decent risk to reward ratio. That's the reason why i made up a little box where i can enter the trade with...
yen will gain on eur on temporary basis by this week or maybe until next week...
WE WILL SELL THE BREAKOUT ON THE H4 FRAME
EURJPY is currently in a downtrend on the Daily and 4H, with price nearing the bottom of the daily consolidation zone. We expect price to continue to S2 where it will either bounce back towards R2 or break lower towards S3. Confirmation of this bounce is given by a break of the upper band of the trendline channel. However, until then price is bearish.
this week and next, yen might be gaining on euro thus short is more preferable
Approximately 55 pips available. Market has reached a level of support on the 1hour chart. Market has been in this range since 22 September, with reliable recent evidence of market activity remaining within this range. Low risk entry of around 9 pips, with a reward of around 55 pips.
Hi guys, it looks like we have a possible eurjpy swing, by the looks of it there was already been a rejection so a nice time to enter the trade. if the trade does not go our way, look to leave with a solid candle break of the trend line and as allways use Heikin Ashi to take profit. Enjoy and good luck.