USDJPYInstant Entry can be taken at current price with SL @150.956. 2nd entry can be taken @ 150.519 with Buy stop for TP1 of 152.14 and TP2 of 152.738
JPYUSD trade ideas
USDJPY Short - 10 DecPrice retraced back to Daily Supply Area.
Price swept liquidity and formed a fractal break downwards. Showing a ChoCh.
There's liquidity below to be targetted.
Placed a trade in for a 1:3RR.
USDJPY InsightHello, subscribers!
It's great to see you all here. Please feel free to share your personal opinions in the comments. Don’t forget to hit the like button and subscribe!
Key Points
- Chinese President Xi Jinping emphasized the need for more proactive fiscal policies and moderately accommodative monetary policies. The Politburo also stressed the importance of actively boosting consumption, enhancing investment efficiency, and expanding domestic demand in all areas.
- Markets interpreted this as a signal that China might implement stronger easing measures.
- On December 11, the U.S. November CPI will be released. Markets expect the Core CPI to rise by 0.3% month-on-month.
- The Bank of Canada is expected to cut rates by 50 basis points, while the European Central Bank is projected to lower rates by 25 basis points.
- The Reserve Bank of Australia has decided to hold its policy rate steady at 4.35%.
Key Economic Indicators
- December 10: Germany’s November Consumer Price Index
- December 11: U.S. November CPI, Bank of Canada interest rate decision
- December 12: ECB interest rate decision, U.S. November Producer Price Index
- December 13: U.K. October GDP
USD/JPY Chart Analysis
After encountering resistance at the 157 level, USD/JPY experienced a significant drop over the week, reaching the vicinity of 148.500. However, it rebounded successfully and recovered to the 151 level. Nevertheless, with the 152 level acting as resistance, it remains uncertain whether the pair can break through this area.
Given the abundance of market-moving events this week, determining the direction is challenging. If the pair holds above the 149 level, it could rise toward 154, while a decline below 149 could see it drop as far as 140.
identifying key areas of Support and ResistanceSupport
Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy, while sellers become less inclined to sell. Identically, when the price reaches these support levels, it tends to rise because there is more buying pressure than selling pressure.
Resistance
Resistance is the opposite; it's the price level at which selling pressure is strong enough to prevent the price from rising further. As the price rises towards resistance, sellers become more likely to sell and buyers become less inclined to buy. When the price hits these resistance levels, it struggles to rise further because the selling pressure exceeds the buying pressure.
Usdjpy h4Usdjpy it's look still downtrend, they only breakout to create new H, but fail to create new HH, possible will create new LL
When Investing Turns into GamblingThe distinction between high-risk investing and gambling is a nuanced topic that draws considerable debate among financial experts and everyday investors alike. At what point does a bold investing strategy transition into a gamble? This question is particularly pertinent as more individuals explore the world of trading, often with little experience or understanding of complex financial instruments.
Understanding Gambling
Gambling, at its core, involves wagering something of value on uncertain events with the hope of attaining a greater reward. The term is rooted in the Old English word ‘gamenian,’ which conveys the idea of playfulness or merriment. While this historical context hints at leisure, modern associations with gambling primarily lean towards casino games and sports betting—activities that often prioritize entertainment over profit.
Legally and socially, gambling is characterized by three fundamental elements: consideration (the wager), chance, and prize. It is primarily the element of chance that fundamentally separates gambling from investing as a disciplined practice.
Read Also:
Characteristics of High-Risk Investing
High-risk investing manifests in various forms and is typically characterized by volatile assets, leveraged positions, and intricate financial tools. Examples include CFDs, options trading, and short-selling. While these strategies can yield impressive returns, they come with heightened risks and the possibility of substantial losses, particularly for those who are inexperienced.
The key difference between gambling and investing generally hinges on skill versus chance. Professional CFD traders may acknowledge the unpredictability involved but can also apply strategic approaches to increase their chances of success. This skill component is often what investors cling to, differentiating their methodical approaches from pure gambling.
Read Also:
Psychological Drivers Behind High-Risk Investing
The psychological dynamics involved in high-risk investing bear significant similarities to gambling behaviors. A prominent factor is the dopamine rush associated with successful trades—an exhilarating feeling that can become addictive. While such responses are often embraced in gambling environments, they must be regulated in investing to prevent detrimental decision-making.
Fear of Missing Out (FOMO) also plays a crucial role in driving investors toward risky trades. In our social media-saturated era, tales of sudden wealth can instigate impulsive behaviors, propelling individuals into investments without adequate research or risk assessment.
Overconfidence bias is another pitfall; novice investors may overestimate their ability to navigate markets, often resulting in shallow analysis and misguided decisions. Coupled with loss aversion—the tendency to feel losses more acutely than equivalent gains—these cognitive biases can lead to irrational choices, mirroring behaviors common in problem gambling.
Read Also:
Perception vs. Reality
The interplay between perception and reality complicates the discourse around high-risk investing. Many individuals erroneously equate their financial activities solely with mastery over skill and chance. However, overconfidence can mislead beginners into adopting complex strategies without a robust understanding of the underlying mechanics. While they may perceive their actions as investments, outsiders may recognize them as reliance on sheer luck, categorizing such behaviors as gambling.
Emerging asset classes, like cryptocurrencies, add another layer of complexity. Their relative novelty means that market participants often lack the historical data necessary to inform sophisticated strategies, resulting in some deeming these investments as mere gambling.
The Importance of Self-Awareness
Ultimately, self-awareness emerges as a crucial aspect of distinguishing between high-risk investing and gambling. Understanding personal motivations is vital; the riskiness of an asset alone does not dictate its categorization. Allowing emotions to override a carefully charted financial strategy is indicative of gambling-like behavior. Similarly, employing untested or misunderstood strategies can signal a drift away from genuine investment practices toward a gambling mentality.
Read Also:
Final Thoughts
In the realm of finance, it is essential to maintain a clear bifurcation between calculated investing and haphazard gambling. Self-awareness, comprehensive research, and a disciplined approach to risk management are key to ensuring that individuals engage in sound investment practices, rather than crossing over into the unpredictable territory of gambling. Individuals must strive to understand the nuances of their financial choices, recognizing when the line is blurred and committing to informed decision-making. Only then can they navigate the market landscape with confidence and prudence.
Read Also:
✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
USD/JPY: Bullish Flag FormationUSDJPY has formed a bullish flag pattern, signaling potential for further upward movement. Additionally, the pair has broken a series of lower highs and lower lows after printing its first higher high, suggesting a strong shift in momentum.
USDJPY BUY ANALYSIS FALLING WEDGE PATTERNHere on Usdjpy price has form a falling wedge pattern and now broken line 149.880 which means is going to rise more and trader should go for Long and expect profit target of 151.595 . Use money management
USDJPY BUY UPDATE!!!!Good day, gang
1:1 has been achieved
Now let's aim for 1:2
Secure half of the profits and the rest let them run to take profit
Read The USDJPY MarketLet's Looking at USDJPY Price Actions and Predict the Next Moves and Maybe Finding Some Trade Opportunities, Good Luck With Your Trades <3
#USDJPY Taking a closer look at the USD/JPY pair on the 1-hour timeframe, the current price action highlights a significant area of interest that could dictate the next move in the market. The momentum appears to be building around this key zone, offering potential opportunities for both intraday traders looking for quick gains and scalpers aiming to capitalize on shorter movements. Whether it leads to a breakout or a reversal will depend on how the price interacts with these critical levels, making patience and confirmation essential for executing a well-timed and calculated trade.
USDJPY - head and shoulders USDJPY after a good head and shoulders now om 149.750 . if USDJPY breaks next resistance . You can enter a trade when resistance turns into support, meaning when the price breaks through that level and then returns to retest it. good luck
Weekly Analysis - USD/JPY"On Monthly:
This pair, Since 2021 has been Bullish. That is due to Monetary policy of Japan that it seems recently it slowly changing.
There are two Historical Resistant (160.00 and 155.400) that have been touch, but not broken since 1997. BOJ always interfere with market once the price get to that level.
Last month on November, it hit 155.400 and got rejected and it made a Doji Bearish candle that can arguably called Shooting Star.
Price is close to 149.00 Psychological number as support in this case. If FED. don't raise the Interested Rate in the month of December, price most likely will bounce back up.
-- On Weekly:
Last three weeks It made an Evening Star candle formation and a solid Bearish Engulfing candle twice as big of previous candle and this week it's landed at 149.00 Support but a 50/50 Doji.
--On Daily:
They made multiple Dojis indicating the Bearish push from JPY is running out of steam.
Like other U.S Pairs;
Since it's the month of December,
AND US FED hinting rate cut,
AND new U.S GOV,
there is a uncertainty and undecided market.
-- On Hourly:
When you zoom out on Hourly chart, you may notice a broader Bearish set up, Falling Wedge that is formed. Once it hit 149.00, I would look at Bullish reversal set up back to 152.000."
USD/JPY AnalysisFX:USDJPY
Comprehensive analysis of the USD/JPY pair.
We see that the market is consolidating at 1h TF. That's why I proposed 3 scenarios that are possible. I would be interested in this currency pair if it breaks the previous H and L as well as support or resistance.
USD/JPY Market AnalysisUSD/JPY Market Analysis
On the 30-minute timeframe (M30), the chart reveals key price structures indicating potential Buy and Sell opportunities. Below is the detailed analysis:
Buy Entry Zone:
This zone is identified around the support area at 149.500 to 149.384. A potential reversal from this level provides a buying opportunity, targeting levels above 150.500.
Sell Entry Zone:
The resistance area between 150.341 and 150.790 offers a potential short-sell opportunity. Previous rejection from this zone highlights significant bearish pressure.
Price Action Patterns:
The market shows a mix of Higher Highs (HH) and Lower Lows (LL), indicating a consolidation phase that may lead to a significant move.
The Internal Daily Move (IDM) pattern highlights the tug-of-war between buyers and sellers within smaller timeframes.
Trading Plan:
Buy Setup: Wait for the price to approach the Buy Entry Zone and confirm with bullish signals (e.g., candlestick patterns or increasing volume) before entering a position.
Sell Setup: If the price moves toward the Sell Entry Zone, consider short-selling opportunities with a target around 149.500.
Supporting Factors:
The DEMA indicators (30, 50, 80, and 100) suggest short-term trend direction, with a potential trend reversal if a strong breakout occurs.
Upcoming fundamental data releases, such as economic news from the U.S. and Japan on December 12, could introduce significant volatility.
Conclusion:
The market is currently in a consolidation phase, offering opportunities for both buy and sell trades depending on price movements toward the identified zones. It is essential to implement strict risk management strategies for every position taken.
USDJPY MONTHLY NEOWAVE ANALYSISExperimental analysis with the intention to follow back later on as I am still learning
I don't think it could be any clearer on the monthly chart. .
We are currently in wave C, and I have a strong feeling that this diametric will be part of wave 1 of a terminal.
The only confirmation will be through the post-market reaction after wave G concludes.
The price action following wave G should be quicker and stronger than waves B, D, and F.
Regarding wave G at present, it is likely to equal wave A in price, or it may correlate by 61.8% or 161.8%
USDJPY Set To Fall! SELL!
My dear friends,
USDJPY looks like it will make a good move, and here are the details:
The market is trading on 150.51 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 150.18
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
USDJPY swing target 372 pipsUSDJPY sell idea.
Wait for level and reject sell entry at 150.250 , TP1 147.382 (288 pips)
TP2 146.485 which is weekly support.
My plan if we don't gap up is to buy to 150.250 and expect a rejection at that level.
Method
Higher time frame analysis , trend lines from weekly and daily levels and fibonacci levels.
As always trade safe USDJPY can be a very volitive pair especially around 1 hour after Tokyo open.
Important to wait for levels and best entry is a break and retest of the level.
Don't over leverage nd let the trade come to you.
USDJPY - Ready to Short, or Ranging @ Year End?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Dear Friends:
If you find my analysis helpful, please boost and follow me for future analysis at your service.
How I see it:
I rest my case, short term bearish behavior.
Multiple upward attempts failed.
Keynote!
Might also be ranging @ year end for fundamental reasons.
I deeply appreciate you taking the time to study my analysis and point of view.
USDJPY (M15) ICT1. Strong down trend.
2. FVG.
3. Liquidity.
4. Change of character.
#FOREX
#USDJPY
#ICT
UJ Clear Analysis ICT
1. Strong down trend.
2. Fair Value Gap.
3. Liquidity.
4. Change of Character.
