{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-2nd-to-6th-september-2019\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-2nd-to-6th-september-2019\/","headline":"Weekly Price Action Trade Ideas \u2013  2nd to 6th September 2019","name":"Weekly Price Action Trade Ideas \u2013  2nd to 6th September 2019","description":"Weekly Price Action Trade Ideas \u2013 2nd to 6th September 2019 Markets Discussed in This Week\u2019s Trade Ideas: EURUSD, SILVER, AUDJPY and USDJPY.   Note:\u00a0We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at\u00a0Correct Free New York Close […]","datePublished":"2019-09-02","dateModified":"2019-09-02","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2019\/09\/AUDJPY-Daily.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2019\/09\/AUDJPY-Daily.png","height":627,"width":1200},"url":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-2nd-to-6th-september-2019\/","about":["charts","Price Action Charts in Focus"],"wordCount":605,"articleBody":"Weekly Price Action Trade Ideas \u2013 2nd to 6th September 2019Markets Discussed in This Week\u2019s Trade Ideas: EURUSD, SILVER, AUDJPY and USDJPY. Note:\u00a0We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at\u00a0Correct Free New York Close Demo Charts EURUSD Daily ChartPrice Finally Breaks LowerPrice action on the EURUSD daily chart has broken out lower aggressively through an important support level.As discussed in the recent trade ideas on the 12th of August; price action on the EURUSD had been going nowhere and had just been chopping back and forth. The sideways movement that was providing no follow through was making it hard to find any A+ trading opportunities without the risk of being whipsawed out.This large and aggressive sell off could now pave the way for some more free flowing moves and also open the way for potential short trade setups.Daily Chart SILVER Daily and 8 Hour ChartsPrice Roaring in Trend HigherPrice has been roaring higher on the daily chart of Silver in recent times in a clear trend with higher highs and higher lows.As the daily chart shows below; whilst we have been seeing price pause and make short retracements, since May prices have been trading all one way.The 8 hour chart shows this move clearly and the small pause and consolidation that price is now moving through.Until the trend bends, looking to trade with it looks the solid play, hunting for high probability trade setups on any short-term pullbacks lower.Daily Chart8 Hour ChartNOTE: If you want to create 8 hour charts (or any time frame) like the Silver 8 hour chart above on your MT4 charts, get the free indicator at; Create Any Time Frames on MT4 USDJPY Daily and 4 Hour ChartsPrice Caught in a Sideways BoxPrice action on the USDJPY daily chart is stuck just at the moment in a sideways box.Whilst the medium term move is lower, in the short-term price is caught in this consolidation and range period that could provide interesting watching, especially for aggressive traders.As the 4 hour chart shows below; the high and the low of this box are fairly clear and until they give way and breakout, aggressive traders could look for price action clues to trade both long and short.When we finally do get a break, it could be quick and aggressive and decide the new direction for the next decent move.Daily Chart4 Hour Chart AUDJPY Daily ChartInside Bars Sitting on SupportIn last week\u2019s trade ideas we discussed this market and the potential false break price was creating on the intraday charts.As we highlighted in those trade ideas; the false break was running back into a bunch of \u2018trouble areas\u2019 and smaller resistance that looked to be potential problems for price making any decent moves.Price has once again stalled on the daily chart, forming a series of inside bars and is sitting on the major daily support level.This level looks to be key. If we can get a solid break below, through the support and also the inside bars, it could pave the way for potential short trade setups.Daily Chart Trade Ideas Note:\u00a0All views, discussions and posts in the \u2018charts in focus\u2019 are the view of Forex School Online and are not recommendations or trading advice. All posts are general in nature and are not advice to buy or sell. Please leave questions or comments in the comments section below; "}