DayTradingAcademy

The most accurate forex/Commodity/stocks analysis 📊

[DayTradingAcademy @DTAOFFICIAL_]

EURJPY Analysis

Here’s my mapping on EURJPY, with a 7.58 risk/reward ratio.

It’s a beautiful setup if it goes as planned, high reward with lower risk. This is a swing setup, so it may take 1-3 days to play out.

We’ll monitor our Sell position closely and remain flexible in case any adjustments are needed.

#DayTradingAcademy

[DayTradingAcademy @DTAOFFICIAL_]

Totally love this game✨

[DayTradingAcademy @DTAOFFICIAL_]

Analysis & Mapping for EURJPY

Swing setup with a high risk/reward ratio of 9.42. The confirmations we need to see are:

1. Strong rejection in the zone.
2. Bearish H1/H4 candle closing outside the zone.

With these two confirmations, we’re clear to enter this setup. If not, we’ll hold off on entering.

#DayTradingAcademy

[DayTradingAcademy @DTAOFFICIAL_]

GBPJPY Analysis

Here’s my mapping on GBPJPY, with a 5.03 risk/reward ratio.

It’s a beautiful setup if it goes as planned, high reward with lower risk. It may take 1-3 days since today is already Friday.

We’ll monitor our sell position and stay flexible in case of any changes.

#DayTradingAcademy #GBPJPY #Forex

[DayTradingAcademy @DTAOFFICIAL_]

It’s always you vs. you in trading.

The mission isn’t to make a million in a day, the mission is to build consistency that will lead to a million-dollar profit.

Stay realistic and consistent, and keep putting in the hard work.

#DayTradingAcademy #forexeducation #forexlife

[DayTradingAcademy @DTAOFFICIAL_]

Morning in the Asian session! ⛅️

GBPJPY and EURJPY are smoothly moving toward my Take profit. All is going well.

I’d love to teach you how to enter a swing position on currency,lower risk with higher return 💯

All in the Day Trading Academy. Congrats to those who followed!

#DayTradingAcademy

[DayTradingAcademy @DTAOFFICIAL_]

GBPJPY hit take profit as well! High reward with lower risk, love it!

#SwingCurrency
#DayTradingAcademy

[DayTradingAcademy @DTAOFFICIAL_]

Mapping for GBPJPY

This is the potential movement for GBPJPY. We are waiting for confirmation in the zone (Rejection).

Reasons:

1.Breakout of previous resistance and the downtrend trendline (Bullish pennant pattern) on the H1 timeframe.
2.Confirmation of a bullish engulfing pattern in the red circle on the H4 timeframe.

The risk/reward ratio is 4.24, which is quite high, so make sure to wait for confirmation before entering.

[DayTradingAcademy @DTAOFFICIAL_]

EURJPY is smoothly running as planned! Congrats!

#DayTradingAcademy

[DayTradingAcademy @DTAOFFICIAL_]

Mapping for EURJPY

This is the potential movement for EURJPY. We are waiting for confirmation in the zone (Rejection).

Reasons:

1.Breakout of previous resistance and the downtrend trendline (Bullish pennant pattern) on the H1 timeframe.
2.Confirmation of a bullish engulfing pattern in the red circle on the H4 timeframe.

The risk/reward ratio is 3.41, which is quite high & good, so make sure to wait for confirmation before entering.

[DayTradingAcademy @DTAOFFICIAL_]

Mapping for EURJPY

This is the potential movement for EURJPY. We are waiting for confirmation in the zone (Rejection).

Reasons:

1.Breakout of previous resistance and the downtrend trendline (Bullish pennant pattern) on the H1 timeframe.
2.Confirmation of a bullish engulfing pattern in the red circle on the H4 timeframe.

The risk/reward ratio is 3.41, which is quite high & good, so make sure to wait for confirmation before entering.

[DayTradingAcademy @DTAOFFICIAL_]

80 pips in profit now! It’s time to set breakeven for a risk-free trade.

[DayTradingAcademy @DTAOFFICIAL_]

Mapping for GBPJPY

This is the potential movement for GBPJPY. We are waiting for confirmation in the zone (Rejection).

Reasons:

1.Breakout of previous resistance and the downtrend trendline (Bullish pennant pattern) on the H1 timeframe.
2.Confirmation of a bullish engulfing pattern in the red circle on the H4 timeframe.

The risk/reward ratio is 4.24, which is quite high, so make sure to wait for confirmation before entering.

[DayTradingAcademy @DTAOFFICIAL_]

@Kay95_ff Congrats ! Now running 50 pips in profit 💯

[DayTradingAcademy @DTAOFFICIAL_]

Mapping for GBPJPY

This is the potential movement for GBPJPY. We are waiting for confirmation in the zone (Rejection).

Reasons:

1.Breakout of previous resistance and the downtrend trendline (Bullish pennant pattern) on the H1 timeframe.
2.Confirmation of a bullish engulfing pattern in the red circle on the H4 timeframe.

The risk/reward ratio is 4.24, which is quite high, so make sure to wait for confirmation before entering.

[DayTradingAcademy @DTAOFFICIAL_]

Profit in the Asian session!

GBPJPY is now up 50 pips in profit. Congratulations to everyone in my channel !

[DayTradingAcademy @DTAOFFICIAL_]

Mapping for GBPJPY

This is the potential movement for GBPJPY. We are waiting for confirmation in the zone (Rejection).

Reasons:

1.Breakout of previous resistance and the downtrend trendline (Bullish pennant pattern) on the H1 timeframe.
2.Confirmation of a bullish engulfing pattern in the red circle on the H4 timeframe.

The risk/reward ratio is 4.24, which is quite high, so make sure to wait for confirmation before entering.

[DayTradingAcademy @DTAOFFICIAL_]

Mapping for GBPAUD

This is the potential movement for GBPAUD. We are waiting for confirmation in the zone (Rejection).

Reasons:

1.Breakout of the previous resistance and downtrend trendline in the H1 timeframe.
2.Reversal pattern spotted in the red circle.

The risk/reward ratio is 3.33, which is quite high. Make sure to wait for confirmation before entering.

[DayTradingAcademy @DTAOFFICIAL_]

@PAgentt66434 Yes, it’s 100% a waiting game. Only enter when there’s confirmation 💯

[DayTradingAcademy @DTAOFFICIAL_]

XAUUSD Analysis – 16 Oct 2024

There are two potential movements that we need to monitor.

Situation 1:

1.If the gold price successfully breaks the key support level at 2662, there is a high chance the movement will follow the path indicated by our blue arrow.
2.Supported by the current situation, with an upcoming election, gold might enter a consolidation phase. Therefore, gold is likely to move sideways within a high range.

Situation 2:

1.If gold fails to break the key support level at 2662, there is a high chance it will reach its previous all-time high (ATH).
2.This is supported by the current situation where the USD is weakening, as the Fed may potentially lower interest rates again in the next FOMC meeting.

#DayTradingAcademy
#XAUUSD

[DayTradingAcademy @DTAOFFICIAL_]

@SG_03Y https://t.co/oeVKgYxfoZ

[DayTradingAcademy @DTAOFFICIAL_]

Every trader's biggest enemy is their own mind, which often wants too much profit too quickly. It's important to stay realistic and not expect to get a lot in a short time.