Long opportunity on USD/JPYBuy - USDJPY
Entry - 113.600-113.700
Stop Loss - 113.400
Target - 114.100
Usd-jpy-long
A USD/JPY trade in hindsightI drew up an area where my bias for this pair is long and then drew an hour orderblock zone to take trades to the upside. I realise that i was unable to execute any trades because of the time i got up but I still drew zones on how i would have planned to take trades which would have led to being in some nice profit of 25 pips at least from a small stop loss of 4 pips this is a nice 1:6 rr for scalpers and nice trade to continue to the upside for day traders to get a quick 70-120 pips for a nice 1:17/30 type of trade which is the ideal set ups i would look for. We can still look for reentries all the way up to the top to increase our profits but I already lost 3 entries on this pair and decided to close out for the week. In hindsight my zones were wrong and needed to be refined better to get the entries desired.
USD/JPY potential long entriesMY bias in this pair is long I am looking for long entries to eventually break the current market structure as the higher timeframe shows a bullish bias in my opinion these are my areas of interest and i am going to wait until the reach those areas before i enter long on this pair
USD/JPY Long idea 17/05/2021Price has retraced to golden zone on the fib which coincides with a significant 4HR support zone, formed a double bottom and then price broke a descending trend line on the lower tf signifying a change in momentum to the upside.
USDJPY swing tradeThe pair has been forming HH & HL...broke the resistance and retested it before bouncing....targeting 400% fib extension..SL below previous HL
USDJPY TP1 & TP2 HIT! (215 PIPS) !!Apologies on the delay of posts this week guys, we have had a busy week with other commitments outside of the trading world.
nevertheless we have not yet encountered any loosing trades this week and its fair to say we have taken advantage of the beginning of this month. This is a trade that we entered here at forexinsightsuk at the beginning of the week and yesterday we reached our Take profit 2 target shortly after smashing through our TP1. This trade gave us a total of 215 pips which is absolutely crazy to say the least.
As always we stay humble and we stay consistent.
Happy Friday guys, and well done if you also caught this trade.
USD-JPYim still not sure about this one if it will go up when it hit 106 or maybe it will go lower but i know for sure its going down first so lets wait when it hits 106 and we will see from there to go long or short
please share you're toughts on this one
-- dont take it as financial advice im still learning and i can't predict the future no one can!! --
USDJPYI have entered a USDJPY long position after a break of august monthly low back inside the range on our four-hour charts. from this, we have seen a retest of the level 105.20 for the pair to potentially push up further.
USD/JPY Swing Trade Idea - Possible Retest on 105.450USD/JPY Swing Trade Idea
Looking to retest 105.450 and bounce up to 109.450.
Good luck! And remember, this is just an idea.
USDJPY longLong bias taken from HTF.
Bullish pin been currently about to close on 1hr tf.
Will be long into initial target of 111.600 following close
