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Singapore Dollar / Japanese Yen

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Setups on SGDJPY ; a study 1958SGT 21032025You are a tourist aboard the Disney cruise ship, they docked somewhere for passengers to buy goods for awhile. You have missed the boarding time, and the ship has sailed without you. What do you do? Jump into the water and swim to the cruise, and then board it. Or, would you go to the next docking location which the ship would go to, and board the ship? Hypothetical answers and questions, and I have never been on a cruise ship but it seems very apt. The blue and red lines shows areas where the cruise would have docked at, in its previous voyages. Green line aligning with the moving average shows possible docking points. Do you have the lung capacity to outswim the cruise ship? Would you be able to get the cruise captain's attention even if you managed to swim to the ship? Would the cruise crew even care about you? why would you put yourself in such a difficult situation? You will be missing the boarding time alot in your entire career, so, would you jump into the water everytime you miss the boarding? There's no telling the cruise would go to the next nearest docking points, and luckily for you, if you do miss the boarding, its ok because you didn't pay for the cruise tour either way in the first place, and that's not your ship. You only pay when you board. 2007SGT 21032025 --- In this case, besides knowing when to try to board the ship and when to abandon the ship, another thing is to know when to shift the stop loss to prevent us from losing when we do manage to board the ship, and the ship has sailed a distance and we could begin our on the sea casino. Before the MBS and Sentosa in singapore having casino, there is already legal casino in singapore. Not many people know. It is on the sea casino, and the cruise sails from singapore's harbour to the open sea or nearing Indonesia. Once the ship has been confirmed to be in international waters, the casino business begins. Currently, I am in +1.3R profit. Wouldn't it be stupid to throw all the money away or risk getting caught by the authorities of Singapore or Indonesia when the ship docks at either country? So, when the ship is in either territories, the business has to stop in order to not violate the countries anti vice laws or those kind of ash laws. Now, we are in +1.3R profit, do we move our SL to breakeven? That's a big question I need to think. 2019SGT 21032025 But too bad, I am not a paying member so I couldn't publish the image. tradingview says I need to authenticate myself or something like that. Actually they are just asking for money. Just say so. So, too bad. No images.
by goh8888lester
Top 5 countries to visit in Asia this yearDecember is a rainy season in Singapore and also the school holiday season, prompting many parents to take time off and travel with their families. Those who can afford will go to the European countries while some prefer to take shorter trips within Asia. The exchange rate becomes quite a big deal when you travel as a family as the amount to exchange is usually more. Looking at the weekly chart, we can see Japan remains the top and is also one of the Singapore favourite country to visit. As an investor in China stock market, I am particularly interested to watch the currency movement between USD and CNH and thus SGD vs CNH. Where would you be visiting this year ? Share your thoughts in the comments section.
by dchua1969
#020 DCA USDJPY ShortPrice now at downward trendline and I am selling as I expect the higher Time Frame to continue buying JPY. JPY remains as the lowest interest rate currency among the major currencies so people might be readjusting their portfolio and continuing to borrow JPY and investing that money else where. Am I correct? I'm not sure. I'm just speaking my thoughts and I could be very far off from the truth. Anyway, money makes the world go round. Just like petrol gives the motorbike engine fuel to burn and rotate. And the starter gives the fuel a reason to ignite. I chose the SGD instead of GBP or other major currency so I could give myself some wiggle room for when other major pairs has some movement, I could take those pairs as well s8nce I feel that SGD is quite exotic and the economy is propped up by other countries mercy. 0836SGT 04122024
Short
by ProfessionalDuckHunter
SGDJPY: ITF CURVE ANALYSIS (1D) - CTT UPTREND✨ SGDJPY: ITF CURVE ANALYSIS (1D) ✨ (UPTREND - CTT) BLO1 @ 115.10 ⏳ BLO2 @ 114.95 ⏳ -SL @ 114.60 TP1 @ 115.95 TP2 @ 116.50 TP3 @ 117.50 SLO1 @ 117.93⏳ NOTE: Let's see if we can make some quality profit/pips on this rise to the upside before it begins its drop. If my analysis is correct, then we should see a PB down to the BLO's I've suggested. THIS IS A CTT (COUNTER TREND TRADE)! I'm using professional analysis, along with a tight -SL that's well within my R:R and position allotment for such a trade. If PA continues from current price & hits the zone prior to pulling back, this trade is void and I'll just stick with the short! Let's see how this plays out ..... 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME PA = PRICE ACTION -SL = NEGATIVE STOP LOSS SLO = SELL LIMIT ORDER TP = TAKE PROFIT Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more opportunities for confirmation signals and technical analysis. — Allow for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders.
Long
by oktane
SGDJPY: ITF CURVE ANALYSIS (1D) - DOWNTREND (WEALTH TRADE)✨ SGDJPY: ITF CURVE ANALYSIS (1D) ✨ (DOWNTREND) SLO2 @ 119.75 ⏳ SLO1 @ 117.713 ⏳ TP1 @ 104.10 TP2 @ 96.60 TP2a @ 94.55 (Secret TP) TP3 @ 91.076 TP4 @ 82.542 BLO1 @ 80.492⏳ (DO NOT SET....YET) NOTE: There still some room for this to go up before getting to our zone. Patience on this trade to activate is key. However once in, position size appropriately to get the most from securing entry and add-ons. 🔑 BLO = BUY LIMIT ORDER ITF = INTERMEDIATE TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Intermediate time frames (4 hours to 6 day): — Offer a clearer picture of the underlying trend compared to short-term frames. — Provide more opportunities for confirmation signals and technical analysis. — Allow for more flexible trading schedules, trades can be held overnight. — Suitable for swing traders and some positional traders.
Short
by oktane
SGDJPY Trade Signal: SellDirection: Sell Enter Price: 110.403 Take Profit: 109.57933333 Stop Loss: 111.13633333 We have identified a selling opportunity for the SGDJPY currency pair based on our analysis with the EASY Quantum Ai strategy. Justification: 1. Downward Trend: Our analysis indicates a strong downward trend in the SGDJPY pair. The consistent lower highs and lower lows signal a bearish market sentiment. 2. Technical Indicators: Our strategy incorporates advanced technical indicators including RSI and MACD that indicate overbought conditions, which is a precursor to a potential price decline. 3. Resistance Level: The current price has tested a strong resistance barrier. Historically, this resistance level has held firm, causing downward movements in the price. 4. Volume Analysis: There is a significant increase in selling volume, indicating that bears are dominant in the market, further supporting the sell signal. 5. EASY Quantum Ai: Utilizing the EASY Quantum Ai strategy, we have cross-referenced multiple indicators and found a high probability for the pair to move downwards. By entering the trade at 110.403, setting a take profit at 109.57933333, and a stop loss at 111.13633333, we maximize our potential profit while managing our risk effectively. Always ensure to perform your analysis and trade responsibly.
Short
by ForexRobotEasy