Jaye

Jaye Updated 

Not much to say apart from the fact that DXY is ranging therefore carrying many cross pairs up and down at the end of this year. Not expecting any breakouts before January. But aye, lets keep watching these charts and applying Price action.

Jaye Updated 

Took some shorts on this until the golden ratio hit where I waited for the right set up to go long. 1. Bullish Flag 2. Golden ratio hit 3. price action: pin bar candles and major volume at that level 4. fundamentals in line

Jaye

Nice short on GBPCHF; A part of my strategy to hedge upcoming bearish market trends

Jaye Updated 

Potential set up on this pair; I put an order in the zone highlighted and I'll be monitoring to see how it plays out. won't go much into the fundamentals but there is a nice confluence between the two... good trading guys and gals

Jaye Updated 

Follow up from previous analysis. As price moves this is what I've been able to decipher.

Jaye Updated 

I am currently long EUR/CHF. I will be shorting this pair in the future but its not the moment, I'll short around 1.1023 which is the same price at which I will close my current long trade

Jaye

We broke out of a head and shoulder and went ahead to form an ABCD pattern. Based off of the trend, I would short at point D based on my entry strategy with a target at the neck of the Head and Shoulder which is also the .382 level on Fibonacci? then based on what is going on, I may go long. I do believe though that the descending trend line and the resistance at...

Jaye Updated 

EUR/USD is a pair at the moment to get in. On my last analysis after US Data release, I was looking for a pull back to 1.23-1.24 as support before a return of the bulls. We're currently looking for Demand to reach 1.26-1.27. Thats just basic technicals. Now, what's interesting here is the trend identified on the weekly timeframe, more specifically a support...

Jaye Updated 

Really down to the detail in the market now, reading candles to see where market is going. small advice, dont be biased around these times, matter fact never be biased; be open to all situations....from my previous analyses, we got eur/usd right where we want it on the trend line at 1.23 I drew a circle around those candles in the 1hr timeframe because I spotted...

Jaye Updated 

EUR/USD is currently against a resistance where price bounced off beginning February. This is looking like a possible short. Lets see what's gonna happen. Trade with caution as we might experience a fake breakout which will lead to a short, so for those who are looking to go long after a breakthrough, becareful.

Jaye Updated 

GBP/USD bounced off support this week and is currently trying to get passed resistance at 1.4083 (hence its been at it all day), looking for some volume for a breakthrough. Got some UK data coming in tomorrow, so hoping for it to be enough to push the pair through resistance. One thing I've been wondering though, is how far will it go up before it pulls back to...

Jaye Updated 

Nice trend has formed on GBPUSD at the end of this week. Based on wave A and B I expect point C to not only break through the yellow dashed support but to reach the main purple support level. I've been following this trend since point A. The general trend is an uptrend, it started around March 2017; the idea here is to find trends within that long uptrend; this...

Jaye

This was one of my most successful set ups this week, didn't expect for it to take off that well especially with JPY which performed pretty well towards the end of the week. Like most of the time we're looking for a breakthrough or rebound; here the rebound signal for me was at the fourth bullish candle which was nice and full with barely any tips at all. On top...