JLJ002500

JLJ002500

NZDUSD See chart for potential long entry. Ongoing Analysis I expect NZDUSD to have further selling pressure in the mid-term before it retest .68992 resistance. Where 2015 was mostly about selling NZDUSD, I expect 2016 to have a substantial amount of both selling and buying opportunities.

JLJ002500

FX:GBPUSD Expect a short-term correction /retracement. Good risk/reward set up. RSI divergence on longer time frame and convergence on shorter time frames. Limited order placed at 1.49070 w/ SL=1.4854 & TP 1.5043 If order is executed, SL & TP maybe modified while trade is open.

JLJ002500

Chart says it all. You can have everything correct but still lose. A crazy failed move triggers SL and you miss out on the TP.

JLJ002500

SUPN LH/LL since peaking at 23.30. From the chart, I don't see any evidence indicating this pattern has changed. There is convergence on the RSI. For now, I expect this pattern to continue. I have been long since 3/21/2013. My average share price is $5.65. Hindsight...it would have been wise to have sold 1/2 of my position when price was over $20 at 300%...

JLJ002500

SPX The chart contains fibonacci retracement levels from 3/2009 bottom to 5/20/2005 peak. I used 3/2009 since that truly is the bottom since this uptrend began. Further confirmation of ongoing analysis. My hypothesis...unless an abundance of evidence to the contrary, I believe the market is primed for a significant downtrend/retracement or at minimum an...

JLJ002500

NZDUSD Limit Buy Order If it is executed I plan on placing another limit buy 10-20 pips below first. See charts for detail.

JLJ002500

FX:USDCAD Potential LONG entry, but cautious due to some bearish divergences. Strong probability the blue trend line on the chart will not hold. Because of divergence, I will be more cautious entering a long trade and wait for confirmation. The chart reflects my expectations of where a future entry may present itself.

JLJ002500

GBPJPY Approaching potential reversal area. (IF long-term uptrend is to continue) GBPJPY has had strong movements in both direction. Since 8/21, it has been trending down (D1) and is roughly 1330 pips below its August high. It is at a key support area (1W chart trend line formed by 10/2014 & 4/2015 lows) and a potential long set up entry point. Any...

JLJ002500

EURGBP 1/2 position: Sell @ .73887 w/ SL @ .7438 & TP @.7282 Potential add to position .7397-.7415. Would like to do so following a reversal candle on 4H chart. (Potential 1H) Good aspects with this set up: - It is nearing range of past reversals - Good risk/reward Bad aspect with this set up: - No completion of a reversal candle. That is the...

JLJ002500

AMEX:SPY A few observations: - Building bear divergences - Double bottom 181-182 - 9/21 EMA trending down - MACD Negative (first time since 12/2011) - First time crossed 100 MA since 12/2011 Even though $181 support held, the strong bull trend is losing momentum. I believe the days of faithfully making a new high following each market correction are history. ...

JLJ002500

FX:GBPUSD The recent big drop caught me by surprise. My bull bias was weakened. Decided to review 1W chart to regroup. Honestly, I my bias is still weak. Based on 1W, I am not bearish (yet) and more confirmation is needed to strengthen bullish action. What I see (all observations are LONG TERM): Big down move previous week, with potentially more...

JLJ002500

FX:USDCAD USDCAD has been in strong up trend. 1D shows the uptrend. Correction may be near. MACD & RSI showing bear diversions. CCI doesn't completely correlate. Trade Plan: 1. High probability it will retest 1.3352. I'll be looking for a short entry. 2. There is also a possibility the correction has already started. I am looking at 4h/1h for trade...

JLJ002500

GBPUSD Update from 8/25 analysis. Had a small limited buy order @ 1.5502 that was hit. While I expected a pull back, I did not expect as strong of a move as the pair is currently making. I didn't expect my limited order to be executed. Leaving my position as is. Will watch mainly 4H (& 1H) for reversal.

JLJ002500

FX:GBPUSD 8/25/15 Expect a possible near term pullback followed by move higher. Longer term, expect to reach 1.6200. I'll remain bullish long-term as long as 1.5200 -1.517 support holds. (Long-term bias formed from 1W & 1D.) Better entry point may end up being around 1.557 or lower.

JLJ002500

GBPUSD BIAS: Short-term neutral (for now). Long-term Long. GBPUSD's month of consolidating maybe ending. If so, expect long opportunity maybe this week, but most likely next week. Only thing GBPUSD has offered since mid July has been range trading. Selling around 1.566-1.568 and taking quick profits. Buying ~1.55 with price rejection and taking...

JLJ002500

Sold @ 1.1090, TP 1.09966 Might decide to stay in a little longer with portion of trade. Will adjust SL along the way.

JLJ002500

AUDNZD From D1, looks to be in a flag/consolidation pattern. I don't see signs that the flag/consolidation pattern is ending so I am playing the range trade. Small limited SELL order at 1.1174 with SL at 1.13120 & TP 1.09550. If order is executed, i will potentially add to order only after further confirmation and with a much tighter SL. Comments appreciated.

JLJ002500

FX:USDCAD Have been very bullish, but now looking to take other side of trade, at least for short-term. Noticed possible signs of a correction on 1D chart. Even if USDCAD breaks 1.32139 resistance, I would still be cautious with buys and have tight SL. I entered a small short position, but in hindsight it was probably too early. My current short trade is @...