If you've never heard of the Yen 'flash crash' on 3rd Jan 2019 (after a 4 day bank holiday in Japan), you definitely need to watch this. We have a 10-day bank holiday in Japan in Golden Week. The previous mini-crash was on one day. Loads of retail forex traders were wiped out. Now we're staring at potentially something more than a mini-crash on Yen pairs. What...
few trades I was looking at that moved my way.
Mario Draghi made an honest assessment of the Eurozone today, which wasn't rosey. The big money wasn't happy with this. Stock markets and Forex around the world were thrown into some degree of chaos. All stock indices were affected - proving once and for all - that we are all part of a global economic system. What happens in the Eurozone or in America, simply does...
Overall multifaceted analysis leading me to short USDJPY SPX has entered a period of constrained volatility as we could see risk sentiment return to the market? What does this mean for the so called "flash Crash" that we had in the Yen earlier in the year? Well at 700 Pip rally in less than a quarter is a massive move, but can we sustain that...
I hope everyone enjoyed the video and please let me know if you want me to do another one. **excuse my german english haha
Bringing you very important factors to be aware of if you are planning trades on safe havens!
Tune in for my detailed analysis around NZDJPY ! **Correction: GDP release is Wednesday, not Thursday, sorry about that**
EURJPY in supply zone with falling wedge as confluence.
Hey guys Alex here! Apologies for the terrible mic quality and even worse commentating (ahah), but I hope you still got my overall point. Theres currently a lot of uncertainty in the US; *cough* Trump *cough*, and in times of relative uncertainty we often see a safe haven currency like the JPY gain some strength, as I'm sure you could see for the past 2 weeks...
Here is my top down analysis of CJ starting from the Monthly timeframe all the way down to my 15 minute entry, this is solely for educational purposes and not a trade call for people, but take that idea of you would like. Critique and feedback is always appreciated! ** Resources ** -Instagram: @krystianstreit -Facebook: Alpas FX - Forex and Crypto Course...
Based on Weekly Price action for GBP/JPY we can see that This pair has broken a weekly Major Trendline and Retested the Area with some Choppy Consolidation and Rejection. A 61.8% rejection is also in line with Key weekly levels that also supports the idea that the -27% extension passed 140.00s will be reached. A quick glance over at the BXY will also show some...
There is a nicely shaped bearish pin bar on the daily candlestick chart for the USDJPY pair. While it is a nice candle I do not think it is tradeable given the overall price action picture. A few problems I have with this pattern is that in some of the trend lines interpretations, the pin bar is actually sitting on top of the trend. This pinbar is also forming...
I provided analysis two week ago where I laid out a case to go long on a pullback to the 109 region. There were two ways to trade this, either a more risky zone trade or waiting for a price action setup to go long. Price did reach this zone and then formed a double inside-bar pattern that broke out very strongly to the upside. Looking ahead I will be watching...
UPDATE! THANK YOU GUYS FOR WATCHING KEEP YOUR STOP BELOW YOUR ENTRY AND LET IT RUN
b leg is upside down side C leg
This looks like a really clean set-up on really strong PRA - Must be careful of the potential bull flag forming now but bias is down for sure.
Something I have been waiting to happen could be about to unfold.
Support, Demand & Trend-line Confluence