ULTIMATE H4 USD JPY KEY PRICE LEVELS REVIEW BULLS/BEAR

2019-12-07 20:15:34

ULTIMATE H4 USD JPY KEY PRICE LEVELS REVIEW BULLS/BEARS

HEY GUYS, HOW ARE YOU TODAY?

IF YOU WOULD LIKE TO GET MORE TRADE IDEAS AND SETUPS PLEASE UPVOTE AND GET SUBBED FOR THE LATEST UPDATES. THANK YOU.
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SO WITHOUT FURTHER DUE LET'S DIG INTO IT. USD JPY H4 DECEMBER TRADE PLAN AND REVIEW OF KEY LEVELS.

BUT FIRST THINGS FIRST. HOW DO YOU MAKE MONEY WITH THIS TRADE PLAN?
OK, GREAT QUESTION!

BUY LEVELS 108.30 AND 108.00
SELL LEVELS 109.00

SUMMARY AND KEY DRIVERS NEXT FEW WEEKS, USDJPY

THE KEY EVENTS FOR THE NEXT FEW WEEKS - NFP , FED ON 11TH DECEMBER 2019.
WHY IS NFP IMPORTANT? CAUSE A STRONG NUMBER WILL REDUCE ODDS OF RATE HIKES AND INDUCE
DOVISHNESS IN FED STATEMENTS. STRONGER NFP IS A PRE-CURSOR FOR LOSSES IN EURUSD.
ALSO FED, THE KEY EVENT IN DECEMBER. FED ALREADY CUT RATES 3 TIMES THIS YEAR.
US ECONOMY IS STRONG AND IT'S DOING GOOD. SO ANOTHER HIKE - LOW PROBABILITY.
MOST LIKELY OUTCOME OF FED - NO CUT AND DOVISH STATEMENT.

USDJPY H4 TRADE PLAN DECEMBER 2019 TP/SL

-KEY LEVELS 109.00 108.30(40)
-KEY LEVELS 108.00
-KEY EVENTS - NFP, FED (11TH DEC)
-NOMURA NEUTRAL ON USDJPY
-LIKELY STAYS IN RANGE
-BUT FOCUS ON DOWNSIDE
-BEARS TARGET IS 108.00
-BULLS TARGET IS 109.00
-HEAVY OPTIONS BARRIERS
-ON BOTH ENDS
-WILL LIKELY CAP PROGRESS

HERE'S AN INVESTMENT NOTE BY NOMURA

NOMURA RESEARCH DISCUSSES USD/JPY'S CTA POSITIONING AND NOTES THAT IT'S MAINLY CLOSE TO NEUTRAL AND SIDELINED AROUND CURRENT LEVELS.

"CTAS HAVING HELD BACK ON GOING LONG IN THE USD/JPY MARKET (BUYING USD AND SELLING YEN) DURING THE RECENT RISK-ON PHASE, THEY HAVE MANAGED TO AVOID

SIMULTANEOUS STOCK SELLING AND YEN BUYING.

CTAS' USD/JPY POSITIONS ARE CLOSE TO NEUTRAL AT PRESENT, AND THEY ARE NOT CURRENTLY MOVING EITHER TO BUY OR TO SELL," NOMURA NOTES.

"WITH THE LATENT RISK OF YEN APPRECIATION BEING SUPPRESSED, IF FUNDAMENTALS-ORIENTED INVESTORS BEGIN TENTATIVELY DIP-BUYING BELOW 23,000, THIS DOWNWARD

MOVE BY THE NIKKEI 225 COULD BE BROUGHT TO A CLOSE RELATIVELY SOON," NOMURA ADDS.

OTHER MONEY MAKING SETUPS FOR THE FEW WEEKS.
HEY GUYS, PLEASE CHECK OUT MY OTHER SETUP IN GOLD
AND NATGAS. VERY HIGH PROBABILITY SETUPS, BOTH OF THEM.

ULTIMATE H4 EURUSD KEY PRICE LEVELS REVIEW BULLS/BEARSV
https://www.tradingview.com/chart/EURUSD/3Grd643F-ULTIMATE-H4-EURUSD-KEY-PRICE-LEVELS-REVIEW-BULLS-BEARS/
ULTIMATE NAT GAS DAILY XABCD SETUP BULLS WITH SL/TP 40% UPSIDE
https://www.tradingview.com/chart/NATGASUSD/2R1qizA1-ULTIMATE-NAT-GAS-DAILY-XABCD-SETUP-BULLS-WITH-SL-TP-40-UPSIDE/
ULTIMATE TRADE PLAN FOR GOLD AND OUTLOOK FOR DEC2019
https://www.tradingview.com/chart/XAUUSD/WOY1mBuO-ULTIMATE-TRADE-PLAN-FOR-GOLD-AND-OUTLOOK-FOR-DEC2019/

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ALWAYS DO YOUR OWN DUE DILL BEFORE ENTRY.

ONCE AGAIN. THANK YOU FOR YOUR ATTENTION. STAY TUNED AND LET'S MAKE SOME MONEY. ASGCORP.
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