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Eurjpytrade

EUR/JPY: swing SHORT TRADE setup and parameters 126.50 to 128.00 is SELL zone, in principal the overshoot is taken into consideration and is part of the plan 128.50 is strict STOP level I do expect certain kind of lower move anytime by Tuesday's close. when happens just lower the stop to lock some gains. closing some portion is also okay. of course there many more money management strategies that can be used to maximize the gains. but I approach this sharing to help beginners and also the professional ones as the quality of this trade plan is high grade. the target is clear and sort of minimal. of course, I repeat, there are many ways to increase rewards and decrease risks. but for now let us stay with the TRADE. feel free to contact me and we together may check ways to be focused to serve your individual trading needs/targets better. as always, good luck !
Short
by FlukeTrading
POLICE HELICOPTER125 and 116 are key monthly levels that i will be looking at setting orders at, notice how these are nice round numbers also! If you want to see the bigger picture you must zoom out, so use the higher timeframes and you will spot stronger and more setups, if the police want to find someone in a crowd they use a helicopter (so they are looking at the bigger picture eg the monthly timeframe) This way they have more chance of finding who or what they are looking for, use this analogy in your trading setups and you will find what you are looking for. Price is only going 1 way for me, down so the bears are going to take over from the 3 months of bullish moves, price is at a key resistance level on the monthly timeframe and if you look at the 4H and Daily timeframes you can see that price is slowing down and struggling to break this key level, this usually indicates a change of momentum. If you would like any help trading just send me a message on here for a chat :) Lots Of Love Laura x
Short
by FreeSignalsUK
EURJPY BUY ON DIPEUR - BULLISH 1️⃣ PMI data confirmed the Eurozone private sector activity grew in July by the most since June 2018 while the retail trade report showed the bloc's sales bounced back to pre-pandemic levels. 2️⃣ ADP report showed the US private sector added nearly 170K jobs during last month, missing consensus badly. 3️⃣ The euro enjoyed its best month in a decade during July supported by a massive relief package agreed by EU leaders and dollar weakness. JPY - BEARISH 1️⃣ The Japanese government plans to decide at a cabinet meeting on Friday to use over 1 trillion Yen from its reserves for responding to the COVID-19 epidemic, after added 1,200 new cases on Tuesday. ===== Technical ===== 📊 We look to long this pair on RBS level on H1 chart. 📊 EURJPY in bullish zone.
Long
by MonsunAsia
Uptrend continuation expected, buy the dipsEURJPY market structure remains Bullish and price is above the 100H EMA. So, a continuation of the uptrend is expected. I would be looking to buy the dips near 124.30-124.65 with SL below 124 and TP at 126. Watch the area that I have highlighted in my chart. Buying here carries the lowest risk because your TP would be big and the SL would be small. Watch for bullish price action near this highlighted area and buy with the above targets.
Long
by YourLazyTrader
2