Jump to content

Euryen EURJPY


Guest oilfxpro

Recommended Posts

Guest oilfxpro

Saw nice set up 

 

  • Trading EUR/JPY (the following two lines apply on to EUR/JPY) - Compulsory filter
  • Long positions - must have EUR/USD trending higher and USD/JPY must be trending higher.
  • Short positions - must have EUR/USD trending lower and USD/JPY must be trending lower.
  • Trending definition: prices must be above mas for longs or below mas for shorts on 30 MIN (with slope, channel and trend line).
  • Always use eur usd and usd yen  supports , resistances , trend lines and channels   to trade eur yen.

 

eur jpy.jpg

Link to comment
Guest oilfxpro

Opportunity today 

 

Here is a opportunity  today 5 the feb 2018 , using trend replacement.The entire system is posted here

 

https://community.ig.com/t5/General-Trading-Strategy/Advanced-forex-oil-and-crude-oil-system-Educational-puposes/m-p/21982#M1443

 

This trade may not work out , but it is a trend retracement trade

 

https://community.ig.com/t5/General-Trading-Strategy/Trend-retrace-system-trade-entry/m-p/19974/highlight/false#M1167

 

eur yen trend retracement.jpg

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • COST Elliott Wave Analysis Trading Lounge Daily Chart, 23 February 24 Costco Wholesale Corp., (COST) Daily Chart COST  Elliott Wave Technical Analysis FUNCTION: Trend   MODE: Impulsive STRUCTURE: Motive POSITION: Minor wave 3 of (1).   DIRECTION: Upside in wave {v} of 3.   DETAILS: We are in between Medium Level 650$ and TL 800$ in what could be the end of a major Minor wave 3. Looking for continuation higher towards 800$, knowing the trend is starting to get weak as we are in the final stage of a wave {v} Technical Analyst : Alessio Barretta         COST Elliott Wave Analysis Trading Lounge 4Hr Chart, 23 February 24 Costco Wholesale Corp., (COST) 4Hr Chart COST Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave (v) of {iii}. DIRECTION: Upside into wave {v}. DETAILS: We are looking for either a wave (iv) in place or else a wave (iv) in the making, to then continue higher into wave (v). We can see RSI is showing signs of weakness which confirms the bias we are in the final stages of a trend.         Welcome to our COST Elliott Wave Analysis Trading Lounge, your ultimate destination for comprehensive insights into Costco Wholesale Corp. (COST) using Elliott Wave Technical Analysis. As of the Daily Chart on 23rd February 2024, we delve into significant trends guiding the market. *COST Elliott Wave Technical Analysis – Daily Chart* In terms of wave dynamics, we identify a dominant impulse function with a motive structure. The current position is in Minor wave 3 of (1), indicating upside momentum in wave {v} of 3. As we hover between Medium Level $650 and TL $800, this could mark the potential end of a major Minor wave 3. We anticipate further continuation higher towards $800, although we recognize the weakening trend as we approach the final stage of wave {v}. *COST Elliott Wave Technical Analysis – 4Hr Chart* Here, the wave function maintains its impulsive mode with a motive structure. The present position is in Wave (v) of {iii}, signaling further upside movement into wave {v}. We anticipate either a completed wave (iv) or the formations of wave (iv), followed by continued upward momentum into wave (v). Notably, the RSI shows signs of weakness, confirming our bias towards the final stages of the trend.
×
×
  • Create New...
us