Scalping usdjpy buy 148.296
Stop loss 147.610
Take profit 150.107
Lot size recommended 0.01 for 100 usd equity
Lot size recommended 0.10 for 1000 usd equity
Lot size recommended 1 lots for 10000 usd equity open this trade and thanks me later✌️✌️✌️✌️✌️
This is for short term
Marked Possible Buy zone
Wait for FOMC release
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
price is at resistance zone of 151.144 and 151.380
after the recent break of structure there is open order block to restest
also there will be small liquid or inducement zone that need to be triggered
for next upside
150.432 and 150.246 is the buying area
with stop loss of 150 rd figure
and target of 151.500
with risk to reward 1:3
condition to avoid if...
USD/JPY, “US Dollar vs Japanese Yen”
USD/JPY has completed a wave of correction to 150.15. Today the market is consolidating above this level. With an escape upwards, a new wave of growth to 152.20 could begin.
US dollar from past few months have been very strong , but finally it has reached to the 151 level in USDJPY pair also this is a psychological level which is a strong resistance zone for the price , can sell now and aim for 1:2RR
FX:USDJPY
As you can see that, USDJPY has formed a good resistance in 15min Time frame, if it gives breakout then we can plan for buy side. Take retest entry and plan your trade accordingly.... This trade is for monday (25-09-23).....
Sept #2 Trade :
Risk 0.5%
TP1 = 1:2 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given...
usdjpy has been rallying all the way from april and a little bearish move during 6-13 jul 23
now the price has reached almost to the previous high and resistance zone on daily time frame
we noticed the price has created the evening star pattern (bearish)
and on medium time frame price a made impluse movement seems like liqudity grab
and with two candle...
Usdjpy sell now @145.787
Sl 152.000
Target one 143.723
Target two 141.180
Target three 138.638
Target four 135.019
Target five 130.409
Target six 127.500
Target seven 117.095
Open this trade with 0.01 lot each position open seven positions i recommend all of you only open this trade if u have equity more than 500 usd then only open this trade otherwise ignore but...
FX:USDJPY
As you can see that, In 1Hr Time frame USDJPY has created a head and shoulder pattern. if it breaks the drawn neckline level then we can plan for sell side. This set-up is for monday (21-08-23) Plan your trade accordingly....
1. for pullback trader or people on short side will trade based on lower low and lower high formation
but price movement on down side is bit slow and steady
if price reacts on 2nd poi but,
does not break the recent (internal lower low) of 141.500
and makes higher low this make the short trade very choppy mind exhaustion
2. for long side trader price might...
1. Trade pullback ?
>>> let price get back to POI for entry with sl above POI
(offers good R:R)
>>> follow the lower high lower lows pattern
>>> exit on price switching to higher low
2. Conservative Trade ?
>>> wait for the price to get a DISCOUNTED ZONE
(fib 0.5 from recent swing low to high)
>>> long on swing making higher low and higher high
(avoid...
