JLJ002500

JLJ002500 Updated 

up side break out of triangle. corrected and ready for long entry. D1:

JLJ002500 Updated 

Ended up taking some profits last Friday before going into the weekend. (1.13901 - 1.12656 for 124.5 pips) Scaling into short position now with limited orders 1D:

JLJ002500

See Link idea for original trade set up. Triangle pattern has developed since I originally got into the trade (S@ 1.113 & a larger position @ 1.116). A resistance zone around 1.07 - 1.04 has held thus far. I am still playing this short, however, i am aware of the chance for a potential bull triangle breakout. I've closed a substantial portion of my positions...

JLJ002500 Updated 

Short at 1.13901 1D:

JLJ002500 Updated 

Quick trade based on what I saw on 1H. USDCAD looks like it will retesting support. Assuming i am correct, I plan on exiting the trade early. I'm short at 1.31573 and 1st TP is at 1.3075. (2nd TP is at 1.03010). 1D:

JLJ002500 Updated 

Recent HH/HLs. Trend support held with bullish price action. 1D: Trade active

JLJ002500 Updated 

Failed to break out of strong resistance zone. Retested zone and formed hammer (bearish price action). Expect a modest retracement or potential retest of ~1.114 area. Additionally, it is potentially in another brief consolidation zone before dropping further. Bottom line: - I expect a good selling opportunity - The drop could occur rapidly or take days...

JLJ002500

Yesterday, opened a S.T. trade buy off of support. (See the pin bar on 1D chart.) Trade has already closed due to TP reached. I considered opening a longer swing trade position with a TP around 1.3365 and a much wider SL, but elected to make it a shorter term trade due to limited time left in the week. In hind sight, my TP was well placed. Price action took a...

JLJ002500 Updated 

Have been trading the ST consolidation channel. Last trade was long off support. Current trade is short off resistance. Supporting factors: - Channel resistance held - Strong bearish price action - Decent risk/reward Opposing factor: - See bullish divergence on RSI on 1D chart below 1D: Bullish divergence has been building indicating a potential...

JLJ002500 Updated 

Good risk reward. Bullish price action off of support. 1D:

JLJ002500 Updated 

Break of support. Bearish price action.

JLJ002500 Updated 

Short and limited order placed. Bullish divergences and USDCAD is looking prime to bottom soon, but i believe we at least have one more move lower or at least test recent low. My last USDCAD short was 3/15. ATR was low, but spiked after placing the trade. My SL was hit and I missed the move & profits as a result. ATR is once again low, but my SL is not as...

JLJ002500 Updated 

Long @ .66974 Will manage trade. It would be more ideal of closer to main channel support. 1D

JLJ002500

As anticipated, SPY reached my "strong sell zone" and even with drop today, could eventually continue further in the zone. I closed my XIV position two days ago with a +20% gain and yesterday I opened a short SPY position by selling call option (credit or bear) spreads. My previous positions have all been expired and this has been the first favorable opportunity...

JLJ002500

Long entry. See chart. There could be some volatility with this pair.

JLJ002500

No position or limited order place at this time. This in on my watch list as a potential long entry set up. Long postion on chart is purely hypothetical. The problem is the idea entry could be at current price NZDUSD or he 90 pips lower. 4H chart had a pinbar, but lack luster moment following it. 1D: Can see from 1D, NZDUSD is at support, but the...

JLJ002500 Updated 

Long @ 111.503

JLJ002500

Volatility is increasing. Bullish divergence. Anticipating a move up to at least 1.51 level and probably higher. The question...is the move already under way or will 1.38 be tested again (with a possible breach). Couple of ways to play this OR choose to stay on the side lines until further confirmation. 1st. See 1M & 1W below. We got close, but never...