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EURUSD Trading JournalEURUSD Trading Journal Jan9 Analysis Don't trade on high resistance days! When there is no RED FOLDER Do not trade. Chart just goes side ways and trapped me. Bummer and good lesson. My analysis in the trade was correct however I once again did not trust it. Success is built on failures-many of them. Every trade and analysis brings you closer to precise professional trader you are wanting to be. Keep going. Price open in Asia to drop to the .79 before retracing. Price created equal highs and then consolidated in NY. Jan 10 Price is delivering to a discount on the M, W and Daily. Previous session price is opening in Asia in a discount too! I am looking for shorts over all on this pair however it seems likely that Price will gravitate to rebalancing the FVG noted. Its NFC in NY so I will see if any key levels are taken in Asia and go from there.
by LParnell
GBP/JPY 1-hour chartThis GBP/JPY 1-hour chart highlights a descending channel, reflecting bearish momentum but with signs of a potential bullish correction. The price is rebounding from the lower trendline, suggesting upward pressure toward the channel's upper boundary. Unique Insight: Converging Dynamics: The structure suggests a narrowing range, possibly indicating an impending breakout. Traders should monitor volume and momentum for confirmation. JPY Influence: The yen’s movement is tied to global risk sentiment, with safe-haven demand surging during geopolitical or economic instability. GBP Catalysts: UK economic resilience and unexpected policy shifts could spark volatility, potentially altering the channel's direction. This setup provides an opportunity to watch for technical and fundamental alignment ahead of a breakout.
Long
by DreamsForx
1
EUR/USD Looking like Bearish chop, Into Bullish Liquidity Grab'sHello Chat DegenJake_ Here once again. We have a strong sensation of EUR/USD playing out like we have drawn. We would like to see price come down ever lower and take out the buyside liquidity of the 4HR Time Frame. After doing this we would like to see it chop side ways maybe m,ake one last lower high with a wick off the orange Horizontal Line (Which is pinned to the Fibbonacci retracement tool, and the last point of support to the left side of the chart. {VISUAL GUIDE:} Black Lines: Represent Active Monthly liquidity. Blue lines: Represent Active Weekly liquidity. Yellow lines: Represents Active Daily liquidity. White lines: Represents Active 4HR liquidity. Green Triangles: Gaps in the market that price will fill eventually.
Long
by DegenJake_
The Loaded GunThe market’s a loaded gun—trigger pulled, but no bang yet. We’re stuck at break even, staring down tomorrow’s red flag news like a storm about to break. This trade doesn’t need babysitting and I’m not about to play hero by adding to the position. Let it breathe. The fuse is lit; now it’s just a matter of time. Will the news spark a breakout or drag this trade into the dirt? Step back, unplug, and let the chaos unfold. The market always moves when it’s good and ready—don’t force it.
Short
by PointOneFx
PA #4 : audjpy sell 09/01/24Date: Thursday 09/01/2025 Post Analysis: Number of trades: 1 trade Daily Profit: -0.1% Objective: Phase 1 +10% Account Balance : -4.27% Next Logical step: Get to 10 trades; 1/ What I did right: I Spent 1 hour maximum to research the best pair to trade. I identified the Activity/demand: AUD: Strong move that broke previous day high and backed by fundamental news. Pair Selection: Aud WEAK and JPY strong - > We are looking to sell the aud. Beating perfectionism: I took one trade, with 0.1% risk to come back and get used to taking trades. 2/ What I did wrong: Tight stop loss Didn’t see the channel pattern taking place. 3/ What I am going to change: I don’t know yet! Hesitatnig between changing the stop loss or not, so I will leave it like this
Short
by elpatrondelamafia
GBPJPY 4hr Price action broke the trendline and is now retesting the orderblock level. See how the price will react to the orderblock, I'm also using the 21 EMA as the dynamic trendline if it will respect that too then is possible to open a sell with final target 189.5. Good trade My advice is to open a small position for every trade. Honestly the only way to grow small accounts especially for beginners that allow people to sleep at night. Most of my setup are 1:3 or higher R:R, means you need to be right 1/4 of the times to be profitable
Short
by WBEclipse
USDJPY Analysis Here's a bullish channel setup on USDJPY! The pair is respecting the ascending trendline, and we’re seeing signs of potential upside movement. 🚀 🎯 Targets: Take Profit 1: 158.451 Take Profit 2: 158.825 Take Profit 3: 159.154 📉 Stop Loss: 157.582 (below the channel support). The pair is currently trading near the channel’s lower boundary, offering a great risk-to-reward ratio. Keep an eye on this one—it could deliver solid gains! 💰 Let’s see how this plays out! 💹
Long
by Charts_M7M
USDCAD Wave Analysis 9 January 2025 - USDCAD reversed from support zone - Likely to rise to resistance level 1.4450 USDCAD currency pair recently reversed up from the support zone located between the support level 1.43000, 20-day moving average and the support trendline of the sharp daily up channel from September. This support zone was further strengthened by the 38.2% Fibonacci correction of the upward impulse from last month. Given the clear daily uptrend, USDCAD currency pair can be expected to rise to the next resistance level 1.4450 (which stopped the previous waves (3) and B).
Long
by FxProGlobal
EURAUD to see a capped rally?EURAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.6680. The hourly chart technicals suggests further upside before the downtrend returns. We look to Sell at 1.6680 (stop at 1.6730) Our profit targets will be 1.6540 and 1.6510 Resistance: 1.6660 / 1.6700 / 1.6750 Support: 1.6600 / 1.6550 / 1.6500 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
EURUSD: Channel Down showing no signs of reversal yet.EURUSD is on a strong bearish 1D technical outlook (RSI = 37.852, MACD = -0.006, ADX = 18.889) as it is trading inside a Channel Down since September 30th 2024. As long as the 1D MA50 is unbroken, the bearish trend will continue to prevail. Right now the trend has slowed down, but the 1D RSI Rectangle clearly shows that a local top (LH) is in. We will remain bearish, aiming for the Channel'd middle (TP = 1.01700). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
EURUSD thought of bullBased on the consensus estimate of a lower NFP report, I think EUR/USD might experience a bullish movement tomorrow. Here's a possible scenario: Possible Scenario 1. NFP report beats consensus: If the actual NFP figure exceeds expectations, it could lead to a USD rally, causing EUR/USD to decline. 2. NFP report meets or misses consensus: If the actual NFP figure meets or misses expectations, EUR/USD might experience a bullish movement, potentially reaching the resistance levels around 1.0350-1.0395. 3. EUR/USD breaks above resistance: If EUR/USD breaks above the resistance levels, it could lead to a further bullish movement, potentially reaching the next resistance level around 1.0440. Key Levels to Watch - Support levels: 1.0275, 1.0230, and 1.0190 - Resistance levels: 1.0350, 1.0395, and 1.0440 Trading Strategy 1. Buy on dips : Consider buying EUR/USD on dips around the support levels, targeting the resistance levels. 2. Sell on strength : Consider selling EUR/USD on strength around the resistance levels, targeting the support levels. Keep in mind that this is just a possible scenario, and the market can be unpredictable. Always prioritize risk management and adjust your trading strategy according to market conditions.
Long
by aderemit
6