Trade recommendations EURJPY

Trade recommendation EURJPY #1
Sell 131.35 to 130.70


The price didn’t reach the necessary level a little. (5 pips)


Sell is on for sure…
I have entered at 131.87

SELL 131.60 to 131.25 SL 131.85


1 or 2!?


3 :slight_smile: It did not work. Slightly change the system.

I am expecting success from this sell setup though it came little late then expected:


price is now at the support zone…one more candle can signal the move as bullish!

can you please analyse your thought?

I will place a short/sell position at 130 as the charts show that the pair is to move lower down to 127 within the next 488 hrs.
May the peeps be with me

*** 48 hours :slight_smile:

SELL 129.85 to 129.30


The pair is going bananas today again although I feel it is going to drop,as soon as the European session begins.

USDJPY to 97.88


+20 pips


Hello Marbo

Well, I actually analyze the candles/price/charts and it is called PA…
You can see that the price is consolidating after the bearish trend.
Now look at the last candle, it opened above the close of the previous candle and it should be closed above from the previous candle to give a bullish signal.But this will not enough to take a long position. I need to see the next candle and if that keeps the present trend (formed by the last tow candles-up trend), I will enter a long position…
Remember, i am a short term trader and I like/analyze the 4H charts:


EuroY to 131.10


Still hold the position.


Go out on the 0 profit and close all positions.


Thank you very much for your reply dollar euro :slight_smile:
The pair is as much unpredictable as the EURO/USD these days… :wink: