RaynLim

USDJPY-Weekly Market Analysis-Sep19,Wk2

看多
FX:USDJPY   美元 / 日圓
A bearish bat with ABCD pattern on the daily chart got me engaged in a longer-term trade. A break and close above the previous high was the 1 sign I need to know that this plan is sound and there's nothing to worry about, besides, I have already shift stops to lock some profits for all my USDJPY trade.

Being a conservative-aggressive trader, on 1 end, I wanted to trade more for such a lovely setup, on the other hand, I don't wish to exposed too much risk on any single trade. A simple trading mantra I use, "Every Trader Believe That Trade Is A Profitable One, So Do I." This prevented me from over-exposure from any single trade.

So what I did is to wait for other buying opportunities on a lower-timeframe to engage the trade.

On the 1-hourly chart,
1) long at the base flag and exit at the previous high, then shift stops to entry,
2) a retest with indecision candle and reversal candle to long
3) Deep Gartley
4) Now waiting for a retest of the buy zone to engage.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。