FREE

Get The Ultimate Guide to Price Action Trading

  • How to decode what the markets are telling you so you can identify high probability trading setups—consistently and profitably
  • How to identify hidden strength and weakness in the markets so you can “predict” market reversals before the crowd
  • A simple trading strategy that allows you to profit in bull & bear markets (without any indicators)
__CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-color-0)","hsl":{"h":20,"s":0.99,"l":0.01}}},"gradients":[]}}]}__CONFIG_colors_palette__
Yes, Give it to me

This Currency Just Broke Multi Year High! 

Last Updated: July 25, 2019

By Rayner

week

On Weekly you can see USDJPY taking out it’s Multi Year High at 105.50

d

On Daily we see strong compelling momentum towards the upside. You wouldn’t want to stand in front of a bullet train like this.

So you’re thinking of longing, but where?

4

On 4 hour you see price respecting the area between the 20 & 50 EMA. Should price retrace back towards that area it will be an opportunity to get long with Stoploss of 2 ATR.

Trade Safe!

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
>