USDJPY: Amazing Long Trades
You asked me to talk about possible setups in order everyone could trade by themselves. Here is a setup that allows us to get trading opportunities in the trend market conditions in any market and timeframe.
We use 3 Moving Averages with different periods. In this example, I use 50, 100, and 200 periods.
When the price bounces from these MAs, we get a trading opportunity in the direction of the main trend. It is possible to use reversal signals for opening trades, but I prefer to use a breakout above/below the local trend line, which is against the main trend. Stop orders for all trades should be placed based on the local swing highs and lows.
You can see in the 15m chart of USDJPY 4 amazing buy trades.
All of them could give us a good risk-reward ratio and, as a result, amazing profit.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
We use 3 Moving Averages with different periods. In this example, I use 50, 100, and 200 periods.
When the price bounces from these MAs, we get a trading opportunity in the direction of the main trend. It is possible to use reversal signals for opening trades, but I prefer to use a breakout above/below the local trend line, which is against the main trend. Stop orders for all trades should be placed based on the local swing highs and lows.
You can see in the 15m chart of USDJPY 4 amazing buy trades.
All of them could give us a good risk-reward ratio and, as a result, amazing profit.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
כתב ויתור
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