FOREXCOM:EURJPY
For those of you who followed my latest EUR/JPY trades, this one is another reentry short position based on the previous technical factors I hav mentioned. I am riding this waving until it hits the 50% retracement. I am looking for re-entry points at retracements that do not break the previous high. This may be my last trade of January... so far...
FOREXCOM:EURJPY
I am re-entering this EUR/JPY short after my previous short hit take profit. After my previous take-profit, the pair retracement but could not break the previous high. In the 15 minute chart, we can see that the previous hour had 3 bullish bars with the 3rd bat being really small compared to the previous 2 bars and the 4th 15M bar was bearish. It...
FOREXCOM:AUDNZD
I am bullish on this pair. This pair from my observation follows trend lines and fibonacci zones really well. The 38.2% retracement zone is acting as a support and that zone was a strong resistance before. This did hit the previous high in which this pair seems to be approaching. Possible 138.2% or 161.8% extension zones? Let's see. My trade is...
FOREXCOM:AUDNZD
Another favorite pair of mine, AUD/NZD. This pair has been on a long-term 4H bullish trend. It has recently hit a strong 4H .618 retracement and steadily going bullish again. I am only in this trade for the short-run, possibly 3-12 hours i predict it will run. There has been some strong support. I believe this can run strong to the 1.0765...
FOREXCOM:EURJPY
This trade is based off of the previous analysis i did on the EUR/JPY pre-news event. After the news, the pair became bearing approaching the first dip at the bottom of the predicted red arrow line as a sign of a bearing breakout. A confirmation is the pair retracing back to the top of the red arrow as a retracement (this is quite common in most...
FOREXCOM:EURJPY
This chart seems congested however I added comments and titled mporant key factors for this analysis. Earlier in the week I published a trade idea on this pair of which 1 trade won and another did not win. Fortunately I was able to cut my losses on the 1 trade and secure profits on the other trade. I have been keeping my eyes out on this pair for...
FOREXCOM:EURJPY
This is my re-entry trade for EUR/JPY. Analysis is the same as the previos idea, however i adjusted my TP to the low of the previous candles. .618 strong 4H retracement reversal is my key indicator for a short-sell. Also, plan on riding this down with multiple short-term trades. If it hits stop, I will wait about 12 more hours until i consider a...
FOREXCOM:EURJPY
My short term forecast for EUR/JPY is short based on a few technical factors. Firstly, it is coimg off a strong .618 retracement from an uptrend which signifies a possible strong reversal. I beleive it should easily be able to retrace to the .50 level and possibly lowers since this is a 4H .618 retracement. I will ride this short along the way...
FOREXCOM:EURJPY
The previous trade closed out at a TP level. The trend continued to retrace back my original trades entry. Now there is short-selling momentum so I am reetering the trade. This should be short-term and low risk.
In this trade, I am shorting EUR/JPY off of a .618 retracement on the 4H chart. I plan on keeping this trade short-term as my long-term trading strategy has done better in the short term. This is the first trade I take in a while as i step back in the trading game. FOREXCOM:EURJPY FOREXCOM:EURJPY
