Short of USDJPYIf my idea has help you, you can like it. It is for learning purpuse. thank you to comment or give you opinion. good trade
Usdyjpy
Trading plan for EURUSD, GBPUSD, USDJPY for 28/02/2019EURUSD*
The technical cross-section**:
Trend: 0
A strength of trend : -1
Overbought/oversold : none
The priority area of transactions : selling
The purchase in the area of 1,1310 with a stop below 1,1270 and a profit in area 1,1410.
The purchase in the area of 1,1280 with a stop below 1,1230 and a profit in area 1,1360.
Selling in the area of 1.1390 with a stop above 1.1420 and a profit in the area of 1.1310.
Selling in the area of 1.1440 with a stop above 1.1470 and a profit in the area of 1.1320.
GBPUSD
The technical cross-section:
Trend: 0
A strength of trend: 3
Overbought/oversold: overbought
The priority area of transactions: buying
The purchase in the area of 1,3250 with a stop below 1,3200 and a profit in area 1,3350.
The purchase in the area of 1,3160 with a stop below 1,3110 and a profit in area 1,3260
Selling in the area of 1,3390 with a stop above 1,3430 and a profit in the area of 1,3260.
USDJPY
The technical cross-section:
Trend: 0
A strength of trend: 3
Overbought/oversold: none
The priority area of transactions: buying
Selling in the area of 111,00 with a stop above 111,40 and a profit in the area of 110,10.
The purchase in the area of 110,10 with a stop below 109,60 and a profit in area 110,90.
* all transactions are intraday, that is, it must be closed at the end of the day. The error in the parameters of transactions is +/- 5 points; in the case of fundamental force majeure, the recommendations may be less relevant;
** the trend parameter accepts values “+1” - an uptrend, “-1” - a downtrend, “0” - no trend. Determined in terms of the author's analysis of a set of signals from technical indicators from different time frames;
the trend strength parameter - accepts values from “-4” to “+4” and shows how strong this trend is. It is determined based on the author's analysis of a set of signals from technical indicators from different time frames;
overbought/oversold is defined in terms of the analysis of the RSI (8) indicator on a daily time frame. The boundaries of the zones are accordingly 70 and 30;
the priority area of transactions depends first of all on trend and its strength but is also taken into account our value judgments of the situation on the market.
Wish you successful trading solutions and transactions.
