michaeljacob

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About me Trading with Heiken Ashi - Trading is life.
Last visit Joined 5 years ago London
Pip'in
Markets Allocation
91 % forex 9 % commodities
Top Mentioned Symbols
NZDUSD 27% | 3 GBPCAD 9% | 1 EURAUD 9% | 1 XAUUSD 9% | 1
michaeljacob michaeljacob NZDUSD, D, Long , a year ago
NZDUSD: Inverted Head and Shoulders Pattern on NZDUSD TP@ 0.73
117 0 0
NZDUSD, D Long
Inverted Head and Shoulders Pattern on NZDUSD TP@ 0.73

IF conditions are right we will get a retest of the neckline on NZD Then we take a long if we see a bullish candle after testing the neckline. Projection is for 0.73

michaeljacob michaeljacob XAUUSD, D, Short , 2 years ago
XAUUSD: Daily Close Below 1147-1144 Zone mean there is a short on.
309 0 1
XAUUSD, D Short
Daily Close Below 1147-1144 Zone mean there is a short on.

Looking at the zone Gold has come back up to test the previous ranges 1220 - 1180 . Looking for direction after the close of the daily tonight.

michaeljacob michaeljacob USDCAD, 240, Short , 2 years ago
USDCAD: Short USDCAD - Area of Fibonacci Resistance
52 0 0
USDCAD, 240 Short
Short USDCAD - Area of Fibonacci Resistance

Oil prices need to be watched maybe a bump in Oil will make this trade. Technically valid zone for a short.

michaeljacob michaeljacob AUDUSD, W, 2 years ago
AUDUSD: Stopped trading AUDUSD expecting spikes near the Weekly Major TL
16 0 0
AUDUSD, W
Stopped trading AUDUSD expecting spikes near the Weekly Major TL

Hesitant to trade near this weekly TL waiting and watching for a break or bounce

michaeljacob michaeljacob GBPCAD, 60, Long , 2 years ago
GBPCAD: $GBPCAD Long Idea
32 0 1
GBPCAD, 60 Long
$GBPCAD Long Idea

GBPCAD breaking out of a wedge to form the first move. Waiting for wave 3

michaeljacob michaeljacob NZDUSD, 15, Long , 2 years ago
NZDUSD: Head and Shoulders on NZDUSD
59 0 0
NZDUSD, 15 Long
Head and Shoulders on NZDUSD

head and shoulders forming on NZDUSD

michaeljacob michaeljacob TY1!, W, Short , 2 years ago
TY1!:  10 Year T-Notes
16 0 0
TY1!, W Short
10 Year T-Notes

Another drop could push dollar yen higher

michaeljacob michaeljacob EURAUD, 240, Long , 2 years ago
EURAUD: EURAUD to rise to 1.5000
18 0 1
EURAUD, 240 Long
EURAUD to rise to 1.5000

EURAUD to rise to 1.500 - Locked in an upward channel - Bullish Divergence on shows continuation of trend.

michaeljacob michaeljacob AUDNZD, 240, Long , 2 years ago
AUDNZD: AUDNZD
98 1 4
AUDNZD, 240 Long
AUDNZD

AUDNZD took profits today on AUDNZD bounce after consolidation period. Potential to drive higher.

michaeljacob michaeljacob CADJPY, W, Short , 2 years ago
CADJPY: Because knowledge is strength. CADJPY vs. Oil Price.
113 0 2
CADJPY, W Short
Because knowledge is strength. CADJPY vs. Oil Price.

Oil price declines will help the japanese economy it is inevitable. JPN imports most of their oil approx 90 pct of oil is imported. JPN is an island. CAD is weakening. SHORT CADJPY when OIL falls or the other way around

michaeljacob michaeljacob NZDUSD, D, Long , 2 years ago
NZDUSD: Support on NZDUSD
38 1 2
NZDUSD, D Long
Support on NZDUSD

I believe that some buyers have been stalking this long for a while. Waiting for Weekly Resistance.

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