danieljamesfx

danieljamesfx Updated 

Looking for price to move to the upside and have the day close bullish. Will be holding this trade till final TP met. Potentially will be moving SL to BE @4HR flip, however will keep it open when NY Session opens. TP1 will be daily flip. Final TP is structure.

danieljamesfx

Quick scalp for GJ RISK 1% Entry: 156.321 SL: 156.321 TP1 156.002 TP2: 155.681

danieljamesfx

Rising wedge on the 1hr TF, sell limit order activated @153.912! Will move SL to break even at 153.778. Enjoy!

danieljamesfx Updated 

As we can see, GJ has been consolidating price for a while on the hourly time frame. We had price break structure creating a lower low, but price then used this as structure to continue on a bullish uptrend, thus breaking the change of turning into a downwards trend. If the hourly candle closes bullish outside of this range, would expect to see price retest...

danieljamesfx

Looking on the HTF, we can see an opportunity for GJ to continue its course to 158.000. Here we will be entering a new zone where we could see price continue to remain bullish. Will be entering a long position at Higher Volume Periods if price continues to its uptrend. (0700 UTC)

danieljamesfx Updated 

LAST TRADE OF THE YEAR Entered a short on GJ after price consolidated for a while but has now broken its range. We aim to hit TP1 by the end of the day and then TP2 in the new year. Lets end the year on a high!

danieljamesfx Updated 

We have entered a new zone and price has maintained its presence within and has remained disciplined and not closed below. If price closes below, trade will invalidate itself.

danieljamesfx Updated 

Here I have a potential long for EU, depending on the closure of the daily candle. I would like to see movement to the upside and break through the structure of 1.18632 to reach the wick in the region of 1.19170. I would naturally expect price to retrace back to the structure and ideally use it as a support to then continue to the upside and reach the initial...

danieljamesfx

Hey all, hope you're all had an amazing week and caught those pips. Here's a little breakdown of my analysis for EURUSD Price is currently caught in a range were price has previous consolidated - remember always look left to predict what can happen right! With this I will be waiting for price to break this range before entering on a trade. If price closes above...

danieljamesfx Updated 

Looking for some nice short opportunities to the downside for GBPJPY. Would like to see price to move to the downside towards structure #2 before retracing back to structure #1. If price was to stay under that marked structure, then would like to see further movement to the downside to the overall target which is marked. Would like to get some peoples thoughts...

danieljamesfx

This is a little prediction that I have for EURUSD, for the upcoming days/week. I would like to see an inverse head and shoulders form with the tip of the head reaching 1.17 before going long again. If you were to measure the tip of the head to the neckline and back you can see that would match well with the distance between the neckline and the previous higher...

danieljamesfx Updated 

Hi All! Hope you're keeping well and having a great weekend! Just wanted to share a personal analysis I've made on GBPCHF! Please feel free to comment below any questions you may have! With GBPCHF, I would personally like to see some movement to the downside towards the marked 4hr structure, to retest it as a support for price then to move back and follow the...

danieljamesfx

Hi all, Hope everyone is okay, been quiet for a while as been busy backtesting and not taking any live market trades. Been using my top-down analysis, and have seen a possible short for EURGBP. As you can see, regained strength after a sharp downfall, however it has a high possibility that it could break the trend it has made, and make a further fall to the...

danieljamesfx Updated 

Short position for CADCHF SELL CADCHF Entry 0.69576 SL: 0.69776 (20 pips) TP1: 0.69375 (move SL to entry - for risk free) TP2: 0.69050 Please let me know your guys thoughts! *Please note this is my own personal analysis, and I strongly recommend that you carry out your own analysis before executing a trade. Please do not take this analysis as gospel.*

danieljamesfx Updated 

Today I entered a huge huge 371pip short on CADCHF - with the reward risk ratio of 7.41. I'm looking for a break of the marked 4H structure and for it to retest and continue down to the desired target of 0.66215. I know a lot of people will say this is ambitious, and I agree - but I from an analysis that I'm following and have checked out. I feel that this is a...

danieljamesfx Updated 

Cable has recently broken through our ascending trend line, is below out 50EMA and has clipped the 38.2% on the fib retracement tool. This can be an excellent opportunity to short this pair! I would advise using 1% risk for this trade for a 100pip stop loss, and for your to assign your own take profit and not the one showcased. The short position tool is to...

danieljamesfx Updated 

A great opportunity to short CADCHF to close the week. I'm personally looking for a break and retest of my 4HR structure, before going short on CADCHF. To TP1, we're looking at a nice 73pip movement to the downside to settle at 0.69357. I would recommend taking this with a 25pip stop loss for a risk to reward ratio of 2.92. I would then aim for it to break the...

danieljamesfx

I've seen a lot of analysis for a short trade for Cable, however I strongly believe that a long position would be better suited. Before I enter, I would look for a close above the day structure, so possible wait until Tuesday to enter. If Monday's candle closes above the structure, it will also close above the descending trend line. I would then expect a retrace...