kingsanjose2011

kingsanjose2011

After analysing my weekly chart and daily chart, I need to see a confirmation in regards to the position of the market. I was able to found out that the momentum is showing weakness. What to expect? Im thinking that major banks and liquidity providers will play with the price for few hours before they dump the EUR in favor for the USD.

kingsanjose2011

after my weekly analysis( click my name to see the weekly chart).. I tried to zoom in to see where the price is heading. It is now playing at 50% fibonacci . If it holds, we can see a strong selling positions in the market.

kingsanjose2011

Stage 1 on my monthly analysis. Waiting for a big drop to complete wave 5.

kingsanjose2011

short it

kingsanjose2011

Can someone help me regarding the elliot wave of USDCHF.. getting confused..

kingsanjose2011

Trend is your friend as they say. Still maintaining the short term uptrend

kingsanjose2011

Until it is in this range, still a short term uptrend

kingsanjose2011

I still maintain the USDJPY long as the price maintains the support and the momentum continues.. There is high probability that the price will continue to go higher in the coming days. Make sure to check the volume as it may indicate institutional buying as we get the cue from them. Check your level 2 and volume charts during this trade. There might be some price...

kingsanjose2011

Currently the Daily momentum shows a strong Uptrend as it starts last July 2018. It will be best to buy now while holding it for days as it gives positive swap rates as well.

kingsanjose2011

As per Chart analysis, The momentum Continues in the sell position while the RSI is still quite high. The major support is broken as it formed a descending triangle. People still continue to buy dollars as people protect themselves against the Trade war of US and China. For more in depth analysis, leave your email address as I add it to my list.

kingsanjose2011

Currently AUDUSD enters a major resistance.. Fundamentally, we have issues regarding the Trade war.. Currently China is now strong to retaliate against the US. This might trigger a RISK OFF scenario. In this regard, USD may have a higher probability along with technical charts.

kingsanjose2011

Due to continues decline of price. We just saw the 50/200 EMA crossed signaling a negative momentum for the pair. The volume in the 4 hour chart also continues to go down. In this case, I need to adjust my position and change to SHORT from Long

kingsanjose2011 Updated 

Based on the chart.. We are still in an uptrend. Until we break that support line, we can still continue to put it on a positive Long position. I See this as an opportunity for a discount buying of EUR. Probability rate is also high based on risk and reward as well.

kingsanjose2011

Momentum is on negative for 15 minutes, 1 hour chart while the 4 hour chart is at 50% negative momentum with a total grade of .5/3 which is low for short term trade. The probability for the short is higher in this chart. Follow me to know more about technical trades.

kingsanjose2011

The momentum for daily,4 hour and 1 hour chart. Watching for the bulls if they will support the usdchf.

kingsanjose2011

For a short term.. opportunity for short in usdjpy

kingsanjose2011

Simple trend. Your comments?

kingsanjose2011

i think the EURGBP is just starting. you can start adding position here before it pops upward.