jamalwhyte

jamalwhyte

Possible move to the downside with great "Risk & Reward"

jamalwhyte

Aud/Usd - (Sell/Short) I have broken down this pair and my bias is short, I have a setup in place Overall i have identified an Uptrend (Daily) with a Bullish channel inside (4H) Price has now broken out and is now looking to retest We could potential see price move lower if there is a break below 0.71000

jamalwhyte

We are back inside our major channel, Overall (Daily) uptrend, but currently the market direction is (Short) This trade was entered on the basis of an (IB) / Trend Line Resistance / Identifying S&R We can potentially see some bearish momentum towards the bottom of our channel Watching 1270.00

jamalwhyte

Here is just a quick break down of a potential "Eur/Usd - Long" Technically trading the pullback, then will look to short this pair when resistance comes into play

jamalwhyte Updated 

With Cable being overall Bearish Coming back into the grey highlighted zone. I actually missed my Entry, Now creating (Lower Highs) & (Lower Lows) This has given me a new opportunity to trade this pair. With the break of a minor Bullish channel. Expecting a 80+ Pips drop to create a new (LL)

jamalwhyte

Market Direction is (Short) With the missed opportunity at 1292 Gold has been making consecutive (LH) (LL) This gives us another chance to jump in around 1275-1277 (Sell)

jamalwhyte

This Trade was taken due to: 1.Overall Downtrend 2.Price rejecting " Trend Line Resistance" 3.Bullish Trap 4.Inside Bar (4H)

jamalwhyte Updated 

Long-term this pair is in an "Major Uptrend" (Daily) Currently we are in a Short-term "Minor Downtrend" (4H) Entering on the basis of a Bearish Inside Bar, Trend Line Resistance & Minor physiological resistance at 1.1350 (1H

jamalwhyte

Nzd/Cad Is currently in a steady "Long-term Downtrend" with Intraday Traders taking Long positions from the end of April, this now gives us another chance to join the Downtrend. I would like to see some rejection and price action around 0.8900 which will signal a nice "Bearish" move

jamalwhyte Updated 

Aud/Jpy - (Sell/Short) This trade was triggered due to an Bearish (EB) Setup A break of 84.000 and we should see further bearish momentum

jamalwhyte

Cable - (Short/Sell) Waiting for a break of todays low which will make this trade valid

jamalwhyte

Gbp/Chf - Short

jamalwhyte

Eur/Gbp - Long/Buy Present (HL) 4H

jamalwhyte Updated 

I have broken down Gbp/Aud and my bias is short, I have a setup in place, waiting for price to have a pullback around 1.87000 - 1.85000. A break below 1.86180 will signal further bearish momentum for this pair.

jamalwhyte

My bias for this pair is still short, as we have been in a bearish market for a while now. A possible H&S pattern and also a slight pullback to the area highlighted will confirm further bearish momentum for this pair, then we could see price drop to 1.3900. I also have a setup if price decides to go long, I would be waiting for a break of the recent (HL) with...

jamalwhyte

Entered based on a "Bearish Inside Bar Break Out Strategy" (H4) Waiting for a break of a minor trend line Then a break of the (HH) 24.03.2016 to confirm more selling pressure.

jamalwhyte

Potential scenario for Gbp/Usd. Price has been rejecting resistance and an upper trend line, a bearish engulfing bar has appeared (4H). I have placed a sell order at the low of this bar and a stop at the high.

jamalwhyte

I have broke down Eur/Usd and my bias is long but I have a setup, Long or short A break of 1.12600 could signal further rise in this pair A break below 1.1880 and a possible retest around 1.12060 and we could see more downside movement