Christopher-James

Christopher-James

AUDUSD I am longer term bullish, monthly up-trend line support During the week we saw a breakout of resistance on the 60 minute and a retest Friday This level approximately equates to the .5 retracement of the weekly up move 8 Hour chart shows a potential wave 3 in formation and FIB projection points to a move up Waiting for open to see the way the pair plays...

Christopher-James

Horizontal support and Diagonal support have broken and retested, price action now moving downward.

Christopher-James

I am short off the harmonic pattern. Trailing my stop fairly tightly as I am not strong with setting targets at this stage.

Christopher-James

Expecting one more drive down here to complete the lower degree 5 waves of wave 1. Wave A is also usually an impulsive corrective wave so I would expect to see 5 waves, either way signals a higher likelihood of another wave down. Currently at a 0.764 level and price action is flattening on lower time frames. I am currently short USDJPY based on analysis of...

Christopher-James

Wave Count of AUDUSD 60 mins. Appears to be entering a corrective structure. This is for my trading journal only

Christopher-James

EURNZD Is in a downward move, potentially we are seeing a wave 4 in formation, also a bearish pennant. Looking for additional short positions. AUDUSD appears to be entering a corrective structure, with an A wave in progress. Fundamentally people are saying there was no real catalyst for this latest move up, however we have broken out of the daily resistance...

Christopher-James

EURUSD is forming a bullish pennant within the ending diagonal. I am looking for a trade to the upside at this time based on a confirmed breakout of the structure

Christopher-James Updated 

The impulse move to the upside seems to be losing power, a breakout of the near support could see a run down to the longer period trend line support. Waiting for the break, Trading Journal Only please use your own tested strategies and good money management.

Christopher-James

Trade Journal Only Testing a simpler system as I have been much busier with family and working hours, look for another close lower and add to the position making total position size 3% stop at the top of the wick. Once again trade a safe system this is my trade journal only.

Christopher-James Updated 

For my trade journal only, use good MM On the longer time frames the sentiment appears bearish, with the monthly and weekly charts strongly indicating this. On this much shorter time frame we have a number of potential opportunities on the near term horizon. 1. A corrective breakout of the move to the downside 2. A possible buy opportunity on the bounce,...

Christopher-James Updated 

I have been watching for this anticipating that price would not break out of the daily trend line to the upside, for now I have opened one short position, looking for confirmation and additional positions on lower time frames to add to the position.

Christopher-James Updated 

Trading Journal This is my extrapolation of the pair from the data available on the monthly charts. I have only been studying Elliot wave a short time so this may be utter rubbish. Open to comments or feedback from others.

Christopher-James

This idea is for my journal only, I acknowledge that other TV users have posted this idea, and this is for my records only.

Christopher-James Updated 

AUDUSD breaking trend short term, next test daily trend line

Christopher-James

The last push to the upside seems to have been short lived. With a confirmed break to the downside there is a potential good r/r trade available. For now it is a waiting game.

Christopher-James

On the GBPUSD I am looking for a bounce on the bottom of the channel or a breakout. Looking at the bull wave there is a wave 1, 2, extended 3. This pullback could be a wave 4 and the bounce a 5. Longer time frame shows a likely bullish continued move back to the trend line resistance area. Either way I am looking to add to my buy position at the channel...

Christopher-James

AUS200 is at a critical resistance level which has held as well as this being a FIB 618 Will be looking for a short entry when the trend line breaks down.

Christopher-James Updated 

There is a pullback in a channel formation forming The 4 Hour is hovering around the trend line, however the 60 minute is showing a lack of bullish power. I will look for a trade entry breaking below the channel Price reaching 1.11000 may see a push to the upside, with long orders triggered. Watching to see.