Will the USD Continue its Strength ? Price Action Is Key Hello everyone:
Let's take a more detailed look into the USD, and see how they are doing from last week.
Certainly a few possible scenarios could form, so best to have a trading plan that fits your style and expectations when it comes to these setups.
Personally I do see them very likely to continue the strength, but whether they form just small, lower time frame corrections to continue, or form deeper, larger corrections before the next continuations.
Let's take a look into all the JPY pairs, and see how we can approach them.
DXY -
EURUSD -
GBPUSD -
USDCAD -
AUDUSD -
NZDUSD -
USDCHF -
Any questions, comments or feedback welcome to let me know.
Thank you
Flag
JPY Yen Pairs are gaining strength, what to look out for now ? Hello everyone:
Since both USD and JPY pairs are all gaining momentum and enter into the impulsive phase of the market condition,
let's take a closer look into them and see what we can expect from them next week and onwards.
Certainly a few possible scenarios could form, so best to have a trading plan that fits your style and expectations when it comes to these setups.
Personally I do see them very likely to continue the bearish trend, but whether they form just small, lower time frame corrections to continue, or form deeper, larger corrections before the next continuations.
Let's take a look into all the JPY pairs, and see how we can approach them.
EURJPY:
CHFJPY:
GBPJPY:
NZDJPY:
AUDJPY:
CADJPY:
USDJPY:
Any questions, comments or feedback welcome to let me know.
Thank you
Weekly Trading Recap: EURUSD, USDCAD, CHFJPY, NAS June 19 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week.
I will explain my approach on the entry, SL, TP and management.
EURUSD:
Full analysis/forecast:
USDCAD:
Full analysis/forecast:
CHFJPY -
Full analysis/forecast:
OIL
Full analysis/forecast:
NASDAQ (NAS100)
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Jojo
CHFJPY Top of structure, watch for reversal price action to sell
Hi everyone:
Most of the JPY pairs are on my watch list, and CHFJPY from the higher time frame is looking the best among the JPY pairs.
We can see there is a strong bearish impulse phrase from the price, and the consolidation begins.
A parallel channel correction, that could lead to the next bearish impulse from the price when it finishes correcting.
Latest price shows a lower time frame ascending channel, correcting itself to the top of the channel structure.
Watch for bearish reversal price action, head and Shoulder, double tops, smaller ascending structures on the lower time frames
to give us the confirmation we need to look for sell entries down to the lows.
Feel free to ask me questions, or comment/feedback.
Thank you
Quick Breakdown and Outlook on the US Indices (NASDAQ, SPX, DOW)Hi everyone:
Did a quick breakdown and outlook on the 3 main US indices.
My bias here on them is a potential bearish run on them, so I will be patiently waiting for the right price action to develop.
If price continue to move up or doesn't form any bearish price action, then no entry and move on :)
NASDAQ -
SPX -
DOW (US30) -
All of them will need to develop some bearish price action and confirmation before consider an entry.
thank you
USDCAD Multi-Time Frame Analysis, Top-Down View
Hi everyone:
Quick breakdown on USDCAD.
Looks to me price finally is giving us more confirmation, and this upcoming week we could potentially see some bullish opportunities.
I briefly explained the higher time frame and lower time frame bullish bias and confluences,
and gave a quick forecast on how I plan to enter if the right price action develops.
Any questions, comments or feedback welcome to let me know :)
Thank you
Weekly Trading Recap: CHFJPY, AUDCAD, GBPAUD June 12 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week.
I will explain my approach on the entry, SL, TP and management.
CHFJPY: Running Position
Full analysis/forecast:
AUDCAD: Running Position
Full analysis/forecast:
GBPAUD: +0.51% profit
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Jojo
USD Pairs Bullish Outlook before NFP (GBP, EUR. CAD. AUD, NZD)
Hello everyone:
Since I couldn't do the mid-week market update live stream, I thought I would go over the USD pairs in more detail in this quick video.
My overall bias on the USD is strength in them, so I pointed out 5 USD pairs that could shape up for such opportunities.
Like always I need to wait for confirmation from them, so they are very close to shape up for the entries, and I would be watching them very closely.
Feel free to let me know if you have any questions, comments or feedback.
Thank you
CWSFF / CMC - Diamond in the ruff! Must add to your portfolioQuick little overview of Cielo Waste Solutions. This is a company thats paying off debt early, rapidly expanding, and receiving the funding to do so. Cielo is primed to make moves in the coming weeks. Longer term, this company will break $30 pps in the coming years, without question. This was originally discovered by a good friend of mine "PennyQueen", and it shows insane promise. That's why I see this as a must add to your portfolio. Though it's in its infancy, under $10, this is a gift right now! Happy trading everyone.
Weekly Trading Recap: CADJPY, NZDJPY May 29 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week.
I will explain my approach on the entry, SL, TP and management.
Getting close to end of month, and overall pretty mellow. Quite normal coming from a bigger profitable month last month.
Still very please with the result, +3.36% per the month of May.
CADJPY: BE
Full analysis/forecast:
NZDJPY: -1%
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Jojo
Detail USD Outlook in Price Action Analysis (GBP, EUR, CAD)
Hi everyone:
Today I want to dig deeper into a few USD pairs that may shape up for a very good bullish move in USD in the near future.
I narrow down the 3 best potential pairs, EURUSD, GBPUSD and USDCAD.
EURUSD
GBPUSD
USDCAD
Lets take a look at each of them, and see my analysis, forecast, and entry potential on all of them.
As always, understand that price needs to develop into the right price action before entering any live trades. If it does not, then no entry and move on to other opportunities.
Always have your own plan, management, entry, SL, TP that fits your trading perspective and expectations.
Feel free to ask me questions, or comment/feedback.
Thank you
Weekly Trading Recap: NZD/CADJPY, MATIC, CADCHF May 22 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week.
I will explain my approach on the entry, SL, TP and management.
NZDJPY - Running around BE
Full analysis/forecast:
CADJPY:
First Entry: BE
Second Entry: Running around BE
Full analysis/forecast:
MATICUSD: +0.53% profit
Full analysis/forecast:
CADCHF: -1% loss
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Jojo
Detail Analysis and Forecast On the current JPY's Price Action
Hello everyone:
Many have asked me about what I think about the current JPY markets, so I figure a quick analysis and forecast on all of them would be the best way.
I did go over them in today’s midweek market updates, but let's take a look at them more closely here.
Remember, these JPY pairs need to develop the bearish continuation corrections on the lower time frames first before considering the entries.
In addition, it's best to choose and filter out the best pairs to get in, as entering all of them won't make sense from a risk management view.
Any questions, comments or feedback welcome to let me know :)
Thank you
Weekly Trading Recap: CADCHF, AUD/NZDJPY, EURCHF ADA May 15 2021Hello everyone:
Welcome back to this week’s trading recap video.
Let's take a look at the trades entered/closed this week.
I will explain my approach on the entry, SL, TP and management.
CADCHF: Running Position
Full analysis/forecast:
AUDJPY: - 1% loss
Full analysis/forecast:
NZDJPY: +0.5% profit
Full analysis/forecast:
EURCHF: - 1.16% loss from slippage
Full analysis/forecast:
ADAUSD: BE
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Jojo
Detail Look into Parallel Channel In Price Action Analysis
Hello everyone:
Let's take another detailed look into some parallel channels structures/patterns in price action analysis.
Recall my previous educational video on Ascending/descending channel correction, they are higher probability reversal price action structures/patterns.
Today I want to go over the horizontal parallel channel structures/patterns as well where they are more neutral,
more advanced to analyze and forecast the potential direction of the impulse phase following after.
Let's take a look into some of these horizontal parallel channel corrections, and break them down more.
In my opinion, the longer, deeper these types of parallel channels go, the stronger the next impulsive phase will be.
Although they can be tricky depending on whether they are continuation or reversal correction.
I will go over for examples in different markets to pinpoint some of these price action structures/patterns.
Below are some of the important topics that I mentioned in the video.
Reversal Ascending/Descending Channel
Risk Management: 3 different entries on how to enter the impulsive phrase of price action
Multi-time frame analysis
Identify a correction in price action analysis
Continuation and Reversal Correction
Any questions, comments, or feedback welcome to let me know thx :)
Jojo
5 Best Crypto to trade and/or to hold (BNB, ADA, XRP, DOT, LTC)
5 Best Cryptos to trade and/or to hold from a technical, price action point of view. (BNB, ADA, XRP, DOT, LTC)
Hello everyone:
The recent question I've been getting is what cryptos to trade or/and to hold.
Certainly trading and investing (holding) would be different,
so I thought I would outline some coins that have good price action and technical in my view at the current market condition.
Make sure to have your own plan on whether you are trading them or investing (holding),
as they can certainly have different outcomes and management needs to do so.
Remember please also take into consideration risk management and trading psychology as well.
Don't put all your eggs in one basket, spread out your $ to be stable and sustainable.
BNB
ADA
XRP
DOT
LTC
Any questions, comments or feedback welcome to let me know :)
Thank you
Jojo
Weekly Trading Recap: ADA, AUDCAD, GBPCHF, EURUSD May 08 2021
Hello everyone:
Welcome back to this week’s trading recap video. Let's take a look at the trades entered/closed this week.
I will explain my approach on the entry, SL, TP and management.
CARDANO (ADAUSD) - Currently running at BE
Full analysis/forecast:
AUDCAD - Closed 2 trades for about 3.2% profit
Full analysis/forecast:
GBPCHF - Close down for about 1.87% profit
Full analysis/forecast:
NZDJPY - Closed 2 trades for about 0.74% profit
Full analysis/forecast:
EURUSD - Exit for about 0.85% profit
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Weekly Trading Recap: NZDJPY, AUDCAD, GBPCHF May 01 2021Hello everyone:
Welcome back to this week’s trading recap video. Let's take a look at the trades enter this week.
I will explain my approach on the entry, SL, TP and management.
NZDJPY - running about +2%
Full analysis/forecast:
AUDCAD - running about +4%
Full analysis/forecast:
GBPCHF - running about +3.5%
Full analysis/forecast:
Any questions, comments or feedback please let me know. :)
Thank you
Jojo
U.S. Indices Price Action Market Outlook (S&P500, NASDAQ, DOW)Hello everyone:
Many have asked me about my outlook and analysis on the US indices currently, so let's take a quick look at them.
My overall bias on the indices are bearish. There could be some lower time frames bearish price action to give us confirmation of the bigger sell setups.
All of them are pretty much sitting at the top of the overall higher time frame price action, so certainly has good probability that we can get some bearish reversals.
I will go over them from a mid-long term approach.
Once again patience is key, if the bearish price action does not develop or continue, then no trade and entry, move on to other opportunities and different scenarios.
SPX
NAS
DOW
Any questions, comments or feedback welcome to let me know.
Thank you
Jojo
Detail Breakdown on GOLD Mid-Long Term OutlookHello traders:
Today I breakdown GOLD's current price action, and I discuss the potential possibility on the mid to long term outlook.
There could be different possible scenarios from the price, so its a good practice to have a solid trading plan and management.
Mid term wise I prefer to see price makes one more move to the downside, breaking previous lows and hit the bottom for the HTF flag/channel structure before reversing.
Alternatively we can also expect price to consolidate here and form a LTF impulse to breakout of the LTF flag/channel as well.
In both cases, long term outlook is certainly bullish if we get a completion of the LTF flag/channel that will have high probability to lead into next bullish impulse run.
Any questions, comments or feedback welcome to let me know.
Thank you
Jojo
OIL higher time frame outlook (Multi-time frame analysis)
Hello everyone:
Doing a quick bearish outlook on oil.
I like the price had a strong reversal bearish price action from the top of the HTF double tops area, and could lead into further continuation on the LTF
I will be patiently waiting for price to develop into the price action I want to see before executing any trades.
Thank you
Jojo