Part 1) introduction

VolatilityMarkets suggests trend-inspired trades that capitalize on market trends.

In the short term Dollar/Yen has been negatively accelerating lower. In the long term Dollar/Yen has been accelerating higher. With the long term trend being the stronger of the two, we propose a long trade idea with a one week time horizon.

Part 2) trade idea details

Chart

Buy $ 262,504 USD, or 2.63 lots of Dollar/Yen, take profit at ¥ 147.2815 level with 49.97% odds for a $ 1,000 USD gain, stop out at ¥ 146.1633 with 50.0% odds for a $ 1,000 USD loss

Part 3) USD/JPY trend analysis

Chart

USDJPY last price was ¥ 146.7223. The long term trend accelerating higher is stronger than the short term trend negatively accelerating lower. This trade goes long when price has been moving higher and accelerating over the past 20 days.

Part 4) USD/JPY value analysis

Over the past 20 days, the USDJPY price increased 15 days and decreased 5 days. For every up day, there were 0.33 down days. The average return on days where the price increased is 0.216% The average return on days where the price decreased is -0.1794% Over the past 20 Days, the price has increased by 0.0236% percent. Over the past 20 days, the average return per day has been 0.0012% percent.

Part 5) USD/JPY Worst/Best case scenario analysis

Chart

Within 1 week, our worst case scenario where we are 95% certain that this level won't trade for USDJPY, is $ 1.450905 , and the best case scenario overnight is $ 1.48354 . levels outside of this range are unlikely, but still possible, to trade. We are 50% confident that $ 1.461633 could trade and that $ 1.472815 could trade. These levels are within statistical probability.

Key Takeaways:

  • Price today ¥ 146.7223

  • Over the past 20 days, the USDJPY price increased 15 days and decreased 5 Days.

  • For every up day, there were 0.33 down days.

  • The average return on days where the price increased is 0.216%.

  • The average return on days where the price decreased is -0.1794%.

  • Over the past 20 Days, the price has increased by 0.0236% percent.

  • Over the past 20 days, the average return per day has been 0.0012% percent.

  • Over the past 20 days, The price has on average been accelerating: 0.0002¥ per day higher.

  • Over the last session, the price decreased by -0.0458 ¥.

  • Over the last session, the price decreased by -0.0003 %.

  • Over the last session, the price decelerated by -0.828¥.

Volatility Markets provides trend following trade ideas for momentum traders. The Volatility Markets Newswire measures the direction and acceleration of a security and then structures a trade idea to capitalize on the trend. While trends have been shown to exist in markets over the past 100 years, they are no guarantee of future asset prices. You should take these ideas lightly and at your own risk.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD turns negative near 1.0280

EUR/USD turns negative near 1.0280

EUR/USD could not sustain a post-US CPI move beyond 1.0300 the figure and succumbed to the late rebound in the US Dollar, slipping back to the 1.0280 region in the wake of the closing bell in Europe.

EUR/USD News
GBP/USD fades the early uptick and approaches 1.2200

GBP/USD fades the early uptick and approaches 1.2200

GBP/USD now suffers the bounce in the Greenback and gives away its earlier advance to the 1.2300 neighbourhood, refocusing on a potential new visit to 1.2200 and possibly below.

GBP/USD News
Gold extends gains, nears $2,700

Gold extends gains, nears $2,700

Gold’s price recovered initial weekly losses and edges higher for the second day in a row, approaching the $2,700 mark of broad US Dollar's weakness. Risk appetite limits demand for the safe-haven metal. 

Gold News
Donald Trump’s World Liberty Financial crypto holdings loss over $4.8 million

Donald Trump’s World Liberty Financial crypto holdings loss over $4.8 million

Lookonchain data shows that Trump’s backed DeFi platform World Liberty Financial faces a $4.84 million loss in its crypto holdings. WLFI’s X account announced routine crypto movements for treasury management, fees, and working capital needs.

Read more
Eurozone industrial production ticked up in November

Eurozone industrial production ticked up in November

The slight 0.2% rise in production from October is insufficient to indicate a reversal of the two-year downward trend. Overall, the outlook for industry remains quite weak at the start of the year.

Read more
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

Majors

Cryptocurrencies

Signatures