• Rayn Lim
    If you have shorted USDJPY, it is a good idea to keep it. For traders who have not engaged in the trade, a good level to consider engage is at 109.03 for a shorting opportunity at the base of the descending triangle.

    Join us in our next webinar as we...  more
  • Rayn Lim
    I'm waiting for a double-top to form at 109.47 for a shorting opportunity. It is considered a trend-trading trade based on the 4-hourly chart.

    Join us in our next webinar as we will teach you how to plot and identify the right trading zone: ...  more
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  • Rayn Lim
    USDJPY has a confirmed descending triangle setup, I will be waiting for a retest on the trendline for a trend trading and trend following trading opportunity. A break and close above the trendline will invalid the trade.

    Join us in our next webinar as...  more
  • Rayn Lim
    USDJPY is on a bullish trend and it has the most interesting setup. If the market didn't break and close below 108.70, I will be looking for a buying opportunity. Once the market extended to 109.62, I will be waiting for a bearish engulfing candle for a...  more
  • Rayn Lim
    If you have been reading my analysis, you might be thinking USDJPY will be alike to EURUSD or GBPUSD . Well, not this time. USDJPY is in a unique situation where the daily chart is on a bullish trend , 4-hourly chart a weaker bull(which I will not take...  more
  • Rayn Lim
    Consolidation reacts very differently on the USDJPY chart than other pairs, when consolidation happens on USDJPY , it could mean that the market is taking a break before the continual movement. I'm waiting for a buying opportunity at the key support...  more
  • Rayn Lim
    USDJPY has a break and close above the consolidation zone, showing a potential bullish flag pattern to be in play, a retracement back to 109.25 would be the perfect price for the buying opportunity and of course showing a strong bullish continuity...  more
  • Rayn Lim
    Trendlines are amazing, there are many ways you can use them, for this instance I'm waiting for a shorting opportunity when the candle touches the red line but not closing above it.
    When it hit the middle trendline, I'm going to shift my stop-loss to...  more