jmw2000

jmw2000

I will be taking short positions all the way down to the yellow line (4H swing low) We have just swept liquidity to the right and I can definitely see a move down to the swing low before considering any longs. I will post an update shortly with entries taken! Best wishes, Jake

jmw2000 Updated 

Last week I shared my reasonings for the likely continuation on EURJPY, as we can see from the chart, we have now entered a major supply area of which I will be looking to go short after a market structure shift on the lower timeframes. (15m/5m) There will be lots of fake moves/manipulations in this area due to it being a major zone. So remain patient, be...

jmw2000

Good evening traders, Further to my previous analysis on EURJPY, I am happy to be looking for short term sells now we have violated the daily supply zone. This is a risky trade for me, the Euro is strong currently and I am still bullish on EU - this had led me to only risk half of my standard position size this time around. Targeting the imbalance on the 4h...

02:54

jmw2000

Good afternoon traders, I hope this video will provide you some value on remaining patient and not rushing into longs on EU until we have reached a discount market and filled the 4h inbalance. We certainly have unfinished business on EU and the daily chart has shown no indication of going short any time soon. However, it is important to note that when equal...

04:55

jmw2000

Good afternoon traders, I thought it would be beneficial to you all to showcase my reasonings behind going long on USOIL in full - this video illustrates my logic behind targets as well as subjective stop levels based on intraday liquidity. Hopefully you can see how essential it is to not just work off of one singular chart - USE the higher timeframes to your...

jmw2000 Updated 

We are quite overextended here on EJ. However, I would love to see a final push into the supply area as marked on the chart before considering short oppurtunities. I am not dismissing potential shorts intraday, but for me personally, I am long until we see a return to this key area. Liquidity is king. Best wishes, Jake

jmw2000

Lovely move down into the hourly imbalance today on EU. This provided perfect conditions to enter longs on the 3 min chart, targeting the liquidity resting above the equal highs as shown on the chart. Messy charts are not always a bad thing! Assess the noise, take what you can from the market and exit at a logical area where we are likely to see a reversal in...

jmw2000

OIL has been a very interesting commodity to look at recently - I have had my eyes on this HUGE gap for a while now and it looks like we are finally inevitably making a return into the range of it. BE CAREFUL HERE - these areas of price are hypersensitive and can provide ugly conditions on intraday charts if not approached correctly. I will personally be closing...

jmw2000

The USD continues to be favourable among other currencies during these questionable times, the Euro not looking half as weak as the pound, but I am still expecting to see new lows here this week. Entry was taken at 0.96650 looking for 100 pips and fresh lows. Bare in mind though people, there was a huge down move on Friday. Trading early in the week would not be...

jmw2000

Went short here on the Aussie dollar through the Monday asian session, I knew there was much more room for testing and so waited for a spike to the upside past previous structure and shorted it down to fresh lows.

jmw2000

ETH is still in a bullish cycle long term. Here, I entered on the 4h after a period of manipulation and entered on the beginning of the push to the upside from the demand zone. TP hit and 4:1 RR banked. Will be looking for further long entries as I believe it still has a way to go to the upside after this accumulation period!!

jmw2000

I can see BTCUSD coming to grab some liquidity below the 50% fib level as illustrated on the chart. Buyers still very much in control of course, so I will be looking for buy entries around this level if price reacts the way I predict. Not normally one to focus on crypto but the start of the year has been crazy and there really seems to be no ceiling at the...

jmw2000 Updated 

Expecting USDCAD to gain back some strength, we have an inverted head and shoulders here on the 4h. Bias is also bullish for me on the daily, lets see how it goes! A nice 1:3.5 risk to reward🤘🏻

jmw2000

Lovely trade taken today, found support on the 4h at a previous daily resistance.

jmw2000 Updated 

On the daily we are at a massive resistance zone, I have spotted a 61.8% fib level being perfectly tested that is lining up with an overextended M formation. Hoping to target the next demand area on the daily.

jmw2000

USDCHF stop hunted a lot of us today thanks to the news, time to re enter here with a nice 3.6:1 risk to reward. USD pairs been very stouburn lately, lets hope we can see a strong finish to the week on this pair.

jmw2000

EURJPY is currently testing the 50% fib level on the daily and respecting it, this is also lining up with previous structure. Awaiting confirmation on the 4h to enter, upside target is the blue line.

jmw2000 Updated 

Weekly chart has rejected a key level, expecting a nice move down to start this week and we have a nice 1:3 risk ratio