USDJPY set up ideas and trades

Mar 10, 2022 at 21:17
Vues 4,995
113 Replies
Membre depuis Oct 17, 2018   posts 103
Sep 08, 2022 at 19:43
USDJPY
This pair has been on a bullish run for months and every time I have tried to sell it I always get stopped. Now I am only looking for short term 4 hour pull backs to continue the buys. Targeting the previous highs each set up.
This set up is a short term drop down in to a daily FVG looking for Price action during London open tomorrow.
Keep a close eye on market structure and remember key entry and price action will be needed.

What do you think of this pair at the moment? Let me know what you think of this set up.

Fichiers joints:

Membre depuis Apr 09, 2019   posts 538
Sep 09, 2022 at 12:49
Unlucky buddy. Looking at that range I would have wanted price to at least come back to equilibrium before another leg up which is did tapping the 50% of the FVG
If you can't spot the liquidity then you are the liquidity.
Membre depuis Mar 31, 2021   posts 229
Sep 12, 2022 at 09:41
Dollar yen is gradually moving higher and higher. A bullish trend has been visible for a long time. I do not see the prerequisites for USDJPY to collapse.
Think thrice before opening an order
Membre depuis Jul 20, 2020   posts 399
Sep 12, 2022 at 16:30
Rococo_XVII posted:
Dollar yen is gradually moving higher and higher. A bullish trend has been visible for a long time. I do not see the prerequisites for USDJPY to collapse.

Dollar is just too powerful at the moment. The amount of money flowing into it as a safe haven is giving no other currencies a chance
Membre depuis Dec 09, 2013   posts 139
Sep 14, 2022 at 17:41
The pair seems to have found a very strong level of resistance. At the second rejection, it has been bearish. It may remain bearish for a while and make a good move towards the South in the H4 chart.
Membre depuis Oct 17, 2018   posts 103
Sep 15, 2022 at 19:06
USDJPY Buy idea.
Still only looking for buying opportunities on this pair for the moment. Currently we have made relative equal highs and a small retracement to fill in the imbalance. From here I will be looking for this pair to come down and retest the OB but hold above the low. As we can see this would be 70% to 79% on the fib levels. Once we get back down to this area during a trading session i will be looking for a smaller TF break in structure.
Keep a close eye on market structure and remember key entry and price action will be needed.
Let me know what you think of this set up.
If we break the low continuation to the down side will be expected and trade invalid.

Let me know what you think of the idea.

Fichiers joints:

Membre depuis Jul 20, 2020   posts 399
Sep 19, 2022 at 16:08
Really nice set up. Its going to fill the imbalance too it seems
Membre depuis Apr 09, 2019   posts 538
Sep 20, 2022 at 14:31
I wouldn't want to see the OB retested after being capitalised personally. I think the entry was on the 14th. There was a move down yesterday but not as low and USD appears to be rallying ahead of expected further rate increases tomorrow.
If you can't spot the liquidity then you are the liquidity.
Membre depuis Dec 09, 2013   posts 139
Sep 22, 2022 at 09:16
The level of 145.000 may work as a level of resistance. The price has had its third rejection at the level. I assume the pair may make a bearish move in the H4 chart.
Membre depuis Apr 09, 2019   posts 538
Sep 22, 2022 at 12:18
How can you say that when it has been 10 pips from 146.000?
If you can't spot the liquidity then you are the liquidity.
Membre depuis Oct 17, 2018   posts 103
Sep 22, 2022 at 19:49
USDJPY
Today we seen a massive move on this pair and on the daily we have taken the highs and the lows. We seen this pair break right back down to an untested order block and reacted from there This could be the start of the bearish run or just a correction move clearing up liquidity before a continuation to the up side.
I will be looking for this pair to come back down retest the breaker move and then continue to the up side. Targeting the bottom of the last bullish candle and then see what we do from there.
Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.

What did you make of the move today?

Fichiers joints:

Membre depuis Jul 20, 2020   posts 399
Sep 25, 2022 at 15:15
Its great to see liquidity back in the market but for sure USDJPY is difficult to trade with all the fundamentals affecting it
Membre depuis Dec 09, 2013   posts 139
Sep 28, 2022 at 09:02
The pair has been heading towards the North. The price may find its resistance at the last swing high. Traders may wait for the price to find its action around that level to find out its next direction.
Membre depuis Apr 09, 2019   posts 538
Sep 28, 2022 at 13:26
Gone a bit sideways this week. Impulse move just about to happen!
If you can't spot the liquidity then you are the liquidity.
Membre depuis Oct 17, 2018   posts 103
Oct 06, 2022 at 19:38
USDJPY
Looking for a Friday sell retracement of the weekly move.
As you can see we broke right back up to the top of last weeks range and have held at this top range, setting up for a Friday move with a pump back up to the previous highs taking out the range and liquidity from there i will be looking for a 30%-50% retracement of the range and targeting below the relative equal lows.
Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.

Thoughts on the markets at the moment?

Fichiers joints:

Membre depuis Jul 20, 2020   posts 399
Oct 17, 2022 at 15:52
Really think DXY is ready for a retrace too. This will give a further confluence for sell pressure
Membre depuis Dec 09, 2013   posts 139
Oct 18, 2022 at 09:32
Looks very bullish to me. An up trending trend line is in play. The sellers may not be that interested unless that gets broken. The price may make some bearish correction, which the buyers may wait for to long and push the price towards the North further.
Membre depuis Apr 09, 2019   posts 538
Oct 19, 2022 at 11:30
DXY will retrace again but at the moment there is nothing to suggest that we are changing trend on it. As such betting against it is catching the falling knife until we see evidence otherwise.
If you can't spot the liquidity then you are the liquidity.
Membre depuis Dec 09, 2013   posts 139
Oct 25, 2022 at 05:45
The pair made a strong bearish move to close its trading week last week. It has been bullish at the start of the current week. Traders are to be very watchful and patient to find entries in the pair as far as the H4 chart is concerned.
Membre depuis Apr 09, 2019   posts 538
Oct 25, 2022 at 13:19
As always pay attention to what DXY is doing and even look at the futures contracts for each currency to assess strength and weakness if any,
If you can't spot the liquidity then you are the liquidity.
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