¡La leyenda en el equipo de InstaSpot!
¡Leyenda! ¿Cree que es una retórica grandilocuente? Pero, ¿cómo deberíamos llamar a un hombre, que se convirtió en el primer asiático en ganar el campeonato mundial de ajedrez júnior a los 18 años y en el primer Gran Maestro indio a los 19 años? Ese fue el comienzo de un camino difícil hacia el título de Campeón del Mundo para Viswanathan Anand, el hombre que se convirtió en parte de la historia del ajedrez para siempre. ¡Ahora una leyenda más en el equipo de InstaSpot!
Borussia es uno de los clubes de fútbol con más títulos en Alemania, que ha demostrado repetidamente a los fanáticos: el espíritu de competencia y liderazgo que ciertamente conducirán al éxito. Opere de la misma manera que los profesionales del deporte: con confianza y de forma activa. ¡Mantenga un "pase" del Borussia FC y lidere con InstaSpot!
Analysis of transactions and tips on trading the Japanese yen
The price test of 156.38 came when the MACD indicator went up a lot from zero and reached the highs of yesterday, indicating its overbought state. This made it possible to enter the market to sell the dollar, which resulted in a drop in the pair by more than 40 points. Now, all attention needs to be shifted to weekly data on the number of initial applications for unemployment benefits in the United States and the foreign trade balance. Good indicators are a reason to buy the dollar and sell the yen again, while weak statistics can seriously affect the upward prospects of the pair. As for the intraday strategy, I plan to act based on implementing scenarios No. 1 and No. 2.
Buy signal
Scenario No. 1: I plan to buy USD/JPY today when I reach the entry point of 156.47 (green line) to grow to 157.64 (thicker green line on the chart). In the area of 157.64, I will exit purchases and open sales in the opposite direction (counting on a movement of 30-35 points in the opposite direction from the level). You can count on the pair's growth today after good statistics on the United States. Important! Before buying, ensure the MACD indicator is above the zero mark and is just starting to grow from it.
Scenario No. 2: I also plan to buy USD/JPY today for two consecutive price tests of 155.86 when the MACD indicator will be in the oversold area. This will limit the pair's downward potential and lead to an upward market reversal. We can expect an increase to the opposite levels of 156.47 and 157.64.
Sell signal
Scenario No. 1: I plan to sell USD/JPY today after updating the level of 155.86 (red line on the chart), which will lead to a rapid decline in the pair. The key target of sellers will be the level of 154.84, where I will exit sales and immediately open purchases in the opposite direction (counting on a movement of 20-25 points in the opposite direction from the level). The pressure on the pair will return in case of weak US data. Important! Before selling, ensure that the MACD indicator is below the zero mark and is just beginning its decline.
Scenario No. 2: I also plan to sell USD/JPY today if the pair reaches two consecutive price tests of 156.47 at a time when the MACD indicator is in the overbought area. This will limit the pair's upward potential and lead to a reverse downward reversal of the market. We can expect a decline to the opposite levels of 155.86 and 154.84.
What's on the chart:
Thin green line is the entry price at which you can buy a trading instrument.
Thick green line is the estimated price where you can place Take profit or fix profits yourself, since further growth is unlikely above this level.
Thin red line is the entry price at which a trading instrument can be sold.
Thick red line is the estimated price at which you can place a Take profit or fix profits yourself since further decline is unlikely below this level.
MACD indicator. When entering the market, it is important to be guided by overbought and oversold zones.
Important. Novice traders in the forex market must carefully decide about entering the market. Before releasing important fundamental reports, it is best to stay out of the market to avoid sharp fluctuations in the exchange rate. If you decide to trade during the news release, always place stop orders to minimize losses. You must place stop orders to lose your entire deposit quickly, especially if you do not use money management but trade in large volumes.
Remember that for successful trading, you need a clear trading plan, following the example I presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader.
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
