FoundXations | Trading
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Thereβs over 490+ new members waiting to join, Iβm giving all of YOU the opportunity of the funded accountβ¦ π
Iβm dropping something BIG soonβ¦ next week - Iβll be sharing all my trade setups from next week!
Letβs go team! π₯
Just been given 100+ Funded accounts, who wants one? π
Good afternoon traders, I havenβt forgotten about you all.
Some MASSIVE things in the works.
Partnership with FTMO for you all.
X4 copy traders being launched.
Including my main account with over 7 figures in trading since 2019..
I appreciate all of your patience! π₯
Good morning team, hope youβve all had a solid week on the markets.
Another setup has come in, who wants it? π
USDJPY 1D
Have another entry model i'll be looking to position myself into, I'm personally expecting a nice swing sell, reasons explained in the prior entry model (If i get swept out I'll be taking re-entries)
These are the level's I'll personally be looking to trade from:
Sell limit
Entry: 162.000
Stop loss: 162.500
Take profit: 161.500
Take profit: 160.000
Take profit: 155.000
Risk to reward 1:14
https://www.tradingview.com/x/cz6w8XUr/
GBPUSD,
Finally seeing some movement across the board - trade was shared Pubically, TP1 secured + running around 1.4% in profit.
https://www.tradingview.com/x/JyYD4WOP/
Good morning, traders! Hope you all had a great weekend. π
A couple of key headlines to kick off the week:
Keir Starmer has announced heβs stepping down as Labour leader and will remain Prime Minister until a successor is chosen. (The Guardianβ )
Progress in US-Iran peace talks is helping improve market sentiment, with risk assets finding some support. (Reutersβ )
On the charts, USDJPY is hovering back around our entry after hitting TP1. Iβm watching to see if price can push into the 162.00 area for a potential second entry.
Other than that, whoβs ready to get stuck into the charts? ππ₯
+1
Whoβs ready for me to drop it, a public copy trader you can all connect to? π
Goooood morning traders!
Weβre still floating around 50+ pips in profit on USDJPY, very potentially we couldβve caught the Top.
Given the recent news events (FOMC) they normally stay within the market for 2-3 days however today we have a bank holiday in US today so we could see a slightly weaker $ across the board moving into London > NY session.
Drop a reaction if you made profit! π₯
Good evening, traders.
Looking at USD/JPY from the higher timeframes, weβre once again trading into historically sensitive levels where Japanese authorities have previously stepped in.
The most recent intervention, around 8 weeks ago, came in near 160.775, and price dropped to around 155.00. That was a move of roughly 5.775 yen, or 3.59%.
However, the much bigger move came from the July 2024 intervention area, where USD/JPY rejected from extreme highs and sold off aggressively over the following weeks. That shows the risk around these levels is not just short-term volatility, but the potential for a much deeper reversal if intervention, positioning, and sentiment all line up.
Now price is trading back above the previous intervention zone, pushing into the 161.60β161.75 area. This puts USD/JPY back into very dangerous territory, where any comments from the Bank of Japan or Japanβs Ministry of Finance could trigger a sharp reaction.
Intervention is not guaranteed, and Japan does not defend one exact price. They usually focus on the speed of the move, excessive speculation, and disorderly yen weakness. But with price now above the previous intervention level, I believe the risk of another reaction is increasing.
Personally, I'm looking to take an entry from these levels.
Sell Limit
Entry: 161.751
Stop loss: 162.507
Take profit: 161.000
Take profit: 159.000
Take profit: 156.000
Risk to reward 1:7.9 π€
https://www.tradingview.com/x/ddNWxEiz/
+1
And yes, all these stats are verified on MYFXBOOK.
FoundXations on top π
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