jrfx93

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Joined
Markets Allocation
50 % forex 50 % other
Top Mentioned Symbols
GER 25% | 1 GBPJPY 25% | 1 EURJPY 25% | 1 SPX 25% | 1
jrfx93 jrfx93 GER30, 240, Long ,
GER30: GER30 / DAX LONG
89 0 0
GER30, 240 Long
GER30 / DAX LONG

The dax/ger30 is currently sitting in a strong support area and has also formed a descending triangle. as long as the support holds, we should see dax form a bullish trend, and hopefully breaks the trendline. first target area for this trade would be around the 11900 are if it breaks the trendline and after it retests the trendline

jrfx93 jrfx93 EURJPY, D, Short ,
EURJPY: EURJPY SHORT DAILY TF
25 0 0
EURJPY, D Short
EURJPY SHORT DAILY TF

on the daily timeframe, we can see the price has reached 61% retracement level. and price action can see the candlesticks preparing a trend reversal. aiming for 136.8 as my first TP. before thinking of going long again.

jrfx93 jrfx93 GBPJPY, D,
GBPJPY: GBPJPY Long
97 0 0
GBPJPY, D
GBPJPY Long

Pound sterling has been very bullish against JPY. for the month of april. although it is now at a resistance of the downwards trend line, it is currently breaking the 61% fib level on the Daily time frame. suggesting that a reversal might not be on the books just yet. If we see price breaking beyond the trend line, I will be aiming to take profit around the ...

jrfx93 jrfx93 SPX500, D, Long ,
SPX500: IGNORE THIS POST
19 0 0
SPX500, D Long
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