jessetaylor

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Markets Allocation
75 % forex 25 % stocks
Top Mentioned Symbols
SUNE 25% | 1 EURGBP 25% | 1 USDJPY 25% | 1 EURAUD 25% | 1
jessetaylor jessetaylor EURGBP, 240, Long ,
EURGBP: Breaking Horizontal Resistance
5 0 0
EURGBP, 240 Long
Breaking Horizontal Resistance

The EUR/GBP pair is in a downward trend for quite some time. On the daily its forming a bullish wedge. Very short term trade with a small position. More of a practice tester. Broke above horizontal resistance of .71 Long at .7105 PT .7129 (below July 27 high) SL: .7095 Very tight. Below Aug. 10 high and horizontal resistance.

jessetaylor jessetaylor SUNE, D, Long ,
SUNE: SUNE Hitting Major Support
22 0 1
SUNE, D Long
SUNE Hitting Major Support

SUNE is coming down to possibly retest a breakout of what is major resistance over the last years (Since 1996) represented by the black line. RSI is highly oversold at 23. Things to think about: *Major Support is at the $23.25 mark, but expanding trend lines show support at $19-19.50. The price may break Major Support and retest at rising support instead. *Fib ...

jessetaylor jessetaylor EURAUD, D,
EURAUD: EUR/AUD 5 Year
52 1 4
EURAUD, D
EUR/AUD 5 Year

Hey guys. Forecast here is based on the past 5 year price action. Downtrend started near 2009 end around 2.1 then bounced for a correction in middle of 2012 which I believe we are still in. A bullish flag is forming over the past year and a half which is currently near its resistance trendline. A break in the near future could mean a continuation of the deeper ...

jessetaylor jessetaylor USDJPY, 60, Long ,
USDJPY: USD/JPY Bullish Wedge
26 1 2
USDJPY, 60 Long
USD/JPY Bullish Wedge

60-mn chart showing the bullish wedge forming. Not sure where it will go to be honest. I'm not usually a breakout trader, but if this breaks resist. which is directly above, I will enter.

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