Jack_Brown

Jack_Brown Updated 

Pair is Negative as long as it is contained below 150.00 area Watch the level of 149.05 – 149.00 If early clear break through the level happens price will be expected to touch the 147.00 – 146.00. If 149.05- 149.00 level holds aggressive attempts will be seen towards the 150.00 –151.00 area, if price is contained and get price below 150.00 we be looking at the...

Jack_Brown

March Points R3 163.23 R2 159.92 R1 153.35 Pivot 150.04 S1 143.47 S2 1410.16 S3 133.59 Pair managed to close (149.04) the month well below the monthly pivot (150.04) Monthly High 150.59 Monthly Low 144.98 Pair has been negative through out the month while 150.04 – 150.59 area contained the price from going further upward. We said that pair is negative...

Jack_Brown

Short Below 150.30 With targets of 148.90 and 148.40 SL above 150.60

Jack_Brown Updated 

This pair is still negative although the the very recent attempts to break above 150.00 level, the pair retraced quickly below 150.00 and it is for shorting, the bottom is 147.00 (Weekly) , the bottom 148.90 (Daily). I am not working this week Weekly outlook updated: Pair is confined between 150.50 and 147.00 and Negative Monitor the above levels to decide trades

Jack_Brown Updated 

Week of March 26 to March 29 This week is a short Trading week, market is closed on Friday. Pair is confined in the range of 150.00 - 147.00 Pair is negative as long as it is contained by 150.00 Will monitor above areas to take positions. ==== Short taken @ 149.50 SL above 150.00 TP 148.75

Jack_Brown Updated 

After all the aftermath of the BOE event, the party is now on, I will be buying each dip as long as today's low (148.77) is not broken Closing will be above 149.00 only when price retrace down. This trade is very risky and needs a very high level of attention, and very sensitive indicators adjustment to detect all U-Turns which may happen

Jack_Brown Updated 

Pair failed for the 04th time today to break the 150.00 and stay well above, normally the test is done for three times, but we are seeing the fourth attempt to break the 150.00 ending now sending the pair from the highs of 149.97 to 149.78 while writing, breaking below the daily pivot of (149.74) is needed to clear the mixed view on this pair to bearish

Jack_Brown Updated 

Pair is mixed to bearish as it failed tow times to break the 150.00 barrier today, third attempt is in progress while writing, let us watch and see if pair will fail for third time

Jack_Brown Updated 

Harmonic already in place on this pair: All Bearish Butterfly M30, H1, and H4 This pair behavior analysis of 02nd of Feb., the day of the BOE event tells the following, Pair lose steam and deteriorate before the event during the Asian session, then continue losses after that passing by the monetary policy meeting event, last meeting there was no rate change and...

Jack_Brown

After the run from the today's low and removing the 150.00 level briefly, the negative pair managed to respect the 150.00 and get below it before the the US stock market closing @ 16:00 New York Time, now while writing pair is hovering below the 150.00, I see that close below 150.00 is a negative confirmation for a reversal down ward which can be moderate to slow...

Jack_Brown Updated 

Pair looks to be mixed at least for the Asian session and Partially the European Session, by 05:30 New York and after the UK economic data release things may be more clear on the pair, I prefer to sit sideline till that time. ==== Week of March 19 - 23 This pair is negative as long as it is below 150.00 Now the pair is confined between 147.00 & 149.50 Any...

Jack_Brown Updated 

Short Taken @ 149.50 SL above 149.79 TP 149.15 ==== Week of March 19 - 23 This pair is negative as long as it is below 150.00 Now the pair is confined between 147.00 & 149.50 Any clear break in either direction we will see acceleration: Clear Break of 147.00 will take price to 145.00 Clear Break of 150.00 Will take price to 153.00 & 156.00 Working on...

Jack_Brown Updated 

Shorted @ 149.45 SL Above 150.00 TP 148.75 ==== Week of March 19 - 23 This pair is negative as long as it is below 150.00 Now the pair is confined between 147.00 & 149.50 Any clear break in either direction we will see acceleration: Clear Break of 147.00 will take price to 145.00 Clear Break of 150.00 Will take price to 153.00 & 156.00 Working on this...

Jack_Brown Updated 

The big move after the UK economic data of 05:30 hrs New York Time had been missed, market now is on the aftermath stage after a failure from 150.00 is mostly done. I am still with the downside move but will be careful till I find the points to make and solid entry on this pair. The projected sell is between 149.50 and 149.80 with SL above 150.00, TP...

Jack_Brown Updated 

Short taken @ 149.35 SL above today's high of 149.67 - TP 148.60 ==== Week of March 19 - 23 This pair is negative as long as it is below 150.00 Now the pair is confined between 147.00 & 149.50 Any clear break in either direction we will see acceleration: Clear Break of 147.00 will take price to 145.00 Clear Break of 150.00 Will take price to 153.00 &...

Jack_Brown

Week of March 19 - 23 This pair is negative as long as it is below 150.00 Now the pair is confined between 147.00 & 149.50 Any clear break in either direction we will see acceleration: Clear Break of 147.00 will take price to 145.00 Clear Break of 150.00 Will take price to 153.00 & 156.00 Working on this pair needs high level of caution and very deep...

Jack_Brown Updated 

Today I am buying @ 147.70 TP 148.10 SL below today's low - Below 147.41 Watch the psychological level at 148.00 price may stall a bit there That's all for this week, see you again by the time of closing this trade

Jack_Brown Updated 

Short taken @ 149.35 SL 149.51 TP 148.15