AlanLee

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Joined London
Markets Allocation
40 % forex 20 % commodities 40 % other
Top Mentioned Symbols
EURJPY 20% | 1 XAUUSD 20% | 1 USDJPY 20% | 1 CL1! 20% | 1
AlanLee AlanLee XAUUSD, 15,
XAUUSD: Channel in 15 min for Gold
40 2 0
XAUUSD, 15
Channel in 15 min for Gold

Could we see a fall in the short term? Price keeps falling through bottom of channel

AlanLee AlanLee UK100, D,
UK100: FTSE100 at critical point
44 0 0
UK100, D
FTSE100 at critical point

The FTSE100 price has been bouncing nicely inbetween a channel. Price action is currently outside of the channel and if it breaches the highs, then we could be going higher. Otherwise, if price falls and closes back into the trend channel, it's a big move down!

AlanLee AlanLee CL1!, D, Short ,
CL1!: WTI Crude Oil closes under support area - v bearish
44 0 1
CL1!, D Short
WTI Crude Oil closes under support area - v bearish

WTI has now closed under the support level as indicated.. we should now see a breakdown of price towards the 45.00 levl

AlanLee AlanLee EURJPY, 15, Short ,
EURJPY: EURJPY is now going to make it's way down to bottom of channel
22 0 1
EURJPY, 15 Short
EURJPY is now going to make it's way down to bottom of channel

EURJPY is in a downtrend and within the downtrend, there is a channel that has formed. The price is currently bouncing off the upper end of the channel and we should expect to see a short term top here possibly down to visit the session lows.

AlanLee AlanLee USDJPY, D, Long ,
USDJPY: USDJPY - Long
25 0 0
USDJPY, D Long
USDJPY - Long

I've placed a long trade here with the stop below the pinbar on the Daily chart. I'm aiming for 125.00 as the target for this trade. If you look at the chart in the Weekly timeframe, you can also see a pinbar form.

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