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100-Pips GBP JPY & CHF JPY

DaddyPapi Posted 7 Apr.  in #Trader's blog #4H Chart #Support #Resistance #Daily #Consolidation #100 Pips
The GBP JPY could give us a 100-Pip trade in the next 12-24 hours if we see a good signal on the 4H Chart. This would be in response to the Daily Chart signal already given at the Resistance boundary of the large Pennant. Giving us a heads up that this is likely to happen was the positively correlated CHF JPY that had a very similar setup last week.
DAILY CHART - CHF JPY
The trade would have involved entering at the close of that Daily bearish candle, placing a Stop Loss at the high of the ABC …
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100-PIP TRADES, GBP JPY, CAD JPY

DaddyPapi Posted 2 Apr.  in #Trader's blog #4H Chart #Support #Consolidation #Daily Chart #Resitance
At the end of last month, GBP JPY and CAD JPY had similar setups on their Daily and 4H Charts that could have given the sharp-eyed trader 100 pips on both. Both were moving withing Consolidation patterns on their respective Daily Charts and gave signals to indicate entry was possible on their 4H Charts.
The GBP JPY was in the process of forming the 2nd Support point of its large Pennant on the Daily Chart when it gave a bullish U-turn signal. This was a sign of a pending rally to Resistance and …
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Recent NZD CAD 120-PIP Trade & GBP CHF

DaddyPapi Posted 18 Mar.  in #Trader's blog #4H Chart #Daily #Trade #Breakout #Consolidation
A bullish trade was made on the NZD CAD after it started breaking out from the large Daily Consolidation setup. The Breakout started on March 7 as the bullish candle formed above the 0,9211 Resistance to move north by 200 pips.
DAILY CHART - NZD CAD

The entry took place using the 4H Chart when a breakout took place from a pennant. Entry took place at the close of the candle with stop loss just below support and the limit set for 120 pips- the area at which the breakout was expected to end given…
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TRADE SETUPS COMING UP

DaddyPapi Posted 6 Mar.  in #Trader's blog #4H Chart #Consolidation #Daily Chart #Range #Yen Pairs
The EURO JPY and CHF JPY have given signals on their Daily Charts to begin bullish breakouts over the next few days. The Daily Charts had formed Consolidation patterns as they moved sideways over the last several weeks and now appear ready to start a new uptrend. Trading them aggressively can give 180 to 200 pips each and 360- 400 together.

EURO JPY - DAILY CHART
The next major target would be the Resistance of 145,67. An identical patterns can also be seen on the CHF JPY. In this case, the Res…
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1 Comments
Convallium avatar
Convallium 6 Mar.

thank you, for your vision) so all other depends from trading parameters and our capital)

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