How To Catch And Trade Forex Reversals Easily
Markets reverse because of changing economic sentiment.
That's the easy part. Managing your entries/exits is what needs overall care.
Get consistency with this approach.
That's the easy part. Managing your entries/exits is what needs overall care.
Get consistency with this approach.
Uwaga
USDJPY getting whacked on 50BPS cut.Uwaga
Consider trail stops on shorts around key moving average areas.
Uwaga
Level two for shorts hit over night, second round of gains lockable. Take it.Uwaga
Labelled diagram:
Exited once at early Ma's, re-shorted and exited again.
Momentum is Risk Off this Morn and pulling USD up VS JPY.
Would hold off any new shorts until new highs beaten as per video.
Uwaga
Moved higher as expected on Yen weakness.
BOJ seemingly happy for a further retracement. Do not think they will allow re-hits on highs. Defeats all previous objectives.
Space out entries.
Uwaga
BOJ Sentiment to understand for Monday open:
No real forward guidance, but looking ahead it seems Q4 may bring a return back to normalisation (hiking) 25-50 BPS.
Does not seem that there is real concern on inflation and indeed normalisation at an extreme pace. Likely we may see drifts on Yen pairs temporarily before a continuation as mentioned in video (Global economies dropping rates, Japan hiking).
Uwaga
Weakness into London not massively threatening -
Uwaga
Early short zone reached (slap onto 20/40MA).
Leaving shorts further higher up on more retracement (potentially).
Uwaga
Momentum with USD.
Uwaga
Exit shorts for gains, see above ^
Uwaga
Uwaga
Uwaga
No real impetus higher into Monday. Still subdued.
Uwaga
Be careful on longs, JPY inflows as a safe haven are abundant.Uwaga
Risk On Environment (Rebound)
Uwaga
Long side TGT reached. Keep an eye on JPY Sentiment out of BOJ. Dovish rhetoric coming in causing yen weakness.
Uwaga
Kill all longs at TGT>
Uwaga
Still no real kickback, would not be surprised if we drift to higher MA's.
Uwaga
Momentum still supporting upside. Brace Pre News,
Uwaga
Slowly Rising.
Uwaga
Uwaga
Still room to go to upside. No need to slam in for any shorts.Uwaga
Key levels being reached (still low risk entries)
Uwaga
Uwaga
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.