stevenwee

stevenwee

Just my journal

stevenwee

Personal trade diary

stevenwee

USJPY has shown strong break out of H4 TL after bouncing off crucial supply zone. Looking for a retest around 113.3.-113.4 to go long to Fibo extension of 161.8% (115.4-115.5)

stevenwee

GBPJPY has broken previous H4 high of 141.75. Price has also shown strong momentum in breaking 0.5 Fib level from 24 June 2016. Pending order set and targeting 145.50-146.30

stevenwee

Price has broken Daily Trendline and has retested and bounced off 28.6% Fib level. a breakout in H4 trendline offers a sell signal

stevenwee

Price was pushed back down from channel line. With brexit vote coming just around the corner EUR will face an increased selling pressure. As price moves towards 0.618 fib level SL can be moved to entry point.

stevenwee

Looking to sell the EURJPY if daily manages to close below SNR zone. Wait for a retracement on the next daily to enter a sell. Entering a sell at the moment the daily closes will give a poor RR ratio. Tp is set at previous SNR zone but prices may go lower into the 1.618 fib level before any corrective structure occurs.

stevenwee

USDCHF rejected for the downside by a descending trendline. Looking to a long position if daily closes as it is. 1st Target at previous high to move SL to entry point. TP is next core SNR zone

stevenwee

Will wait for a daily close to enter short. Supported by a descending trendline and rejected by a SNR zone. Note: Daily close is important to determine validity of this entry

stevenwee

JPY has recently fail to raise taxes and the USD has lost its steam from May's Bull