jimmy_highwire

jimmy_highwire

looking at a very large inverted HnS, shoulder tops have been tested at 114 ish left and right, sitting on top of a channel since the start of december 2016, for now confluence if you will with an S/R zone this is a compressed daily chart so there will be enough time to get confirmation on the long or to withstand a possible false break of the channel top that...

jimmy_highwire Updated 

AU has been stubbornly strong and respectfull of levels and trendlines at the same time my bias is to see AU at 0.775 AU hes the tendency to break quite hard out of a range or trend (circles) as it has respected the underlying support aruond 0.7615 when it had the chance to break and did not, i expect it to go and probably break the other way room enough to the...

jimmy_highwire

H4 chart, GJ has been consolidating for 'enough' H4 bars under the green channel top if/when we break to the upside there are a couple of 100 pips to be had now that brexit has finally passed through parliament could be the trade to pyramid longs all the way to first target 145 small longs atm just under 140.50,.. not the best of entries

jimmy_highwire Updated 

no position, nor bias on my side but 1.0810 is my level to watch as long term S/R zone current US administration definitely does not seek parity fundamentally on the other side "Greece and others" seemm to be playing up again purely technical to me,... if/when it breaks 1.40+ is on option as well as 1.2000 higher up as only level available in this era,... all is...

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at some point this has to leave the wedge uncanning distance kiwi has covered against the euro since the financial crisis anyway,.. compressed daily chart so this could take a while.... ;-)

jimmy_highwire Updated 

NJ has been flirting with thie long term S/R level just above 0.83 my bias is short because of bearish RSI divergence, double top, S/R zone there are a couple of 100 pips on both sides of this level if momentum can take hold,... could result in a "set and forget" trade

jimmy_highwire Updated 

GJ retested the green channel top, maybe on it's way to 150 GU has a minor retest as well, so looking at how that will evolve,... i'm cutting UJ shorts

jimmy_highwire Updated 

GN is falling on a long term S/R zone again will be looking for further PA before taking a long position initially that will be small to build upon if/when the trade proves positive

jimmy_highwire Updated 

UJ big HnS forming? my trading plan was to reverse when 114.61 was hit from the blue channel breakout,.... it went on to visit the level above the is a nice H1 bearish engulfing candle forming atm i'm short from114.854, sl at breakeven target below 112

jimmy_highwire Updated 

EA wedge is tightening further opened a long position at 1.4100 RR is good here since the place of an sl is quite clear,... i will use some 30 pips first target ,... top of wedge

jimmy_highwire

i previously posted on GN now there has been a long accumulation under the brexit low which was the all time low too we are currently trying to get over if/when it does a lot of pips above,.... could be your set and forget trade for 2017

jimmy_highwire

Euro news out about an hour ago,.... falling euro failing to put in a new low on EA very nice mirrored formation here i have longs running from 1.42706 average,...will try and build if/when it tries to tag the yellow descending tl again will look for furter PA then first target 1.44 then 1.4450 above the way is open for way more pips imho

jimmy_highwire Updated 

breaking the yellow tl can take GU to 1.3xxx the pair has been gathering strenght for some time now first stop 1.266xxx for now the blue tl serves as (short term) support and if/when that line is broken to the downside the trade is invalid

jimmy_highwire Updated 

interesting development on EN,... the longer it continues the higher the profits could be,... waiting for the break could take a while but since we are leaning on longer term lows i need those to hold no position yet, bias long

jimmy_highwire Updated 

there could be a nice retrace on GA well below 1.68 short from1.6960 at the moment looking to add longs

jimmy_highwire Updated 

keeping to it's green channel so far and sitting on a S/R level it failed to push to a new low (arrow) again if a new low (and thus greenchannel and blue tl broken) setup is invalid longs will be small and gradual

jimmy_highwire Updated 

trying to build a longer term long position with target 1.44 and 1.45 consolidation around S/R line has been going for a while now and i'm treating this as a mirror formation at first

jimmy_highwire Updated 

an inverted HnS was formed end of sept, only to grow into the bigger iHnS it has almost come to completion around 82.50 the left side indicates it going back to 77.50 if indeed it does follow the pattern some confluence coming from the yellow top tl if PA takes us confirmed above 82.50, setup is invalid to me small short started here at 82.199 on sunday open