IamJeanPaul

IamJeanPaul Updated 

I am expecting dips to be a great opportunity to load up on GBP longs. 1.25 should be a pivotal area. Prices below should not materialize. Bulls have big interest in defending 1.25 so a long there with a stop below 1.2360 can be a great swing opportunity. I will update this post if the trade sets up, but this is for sure something to keep an eye on. Big...

IamJeanPaul

Bulls seem strong enough trying to push bears out, more and more, we see this higher lows, and this triangle has a good chance to resolve quite soon to the upside. Bulls also are using the 100DMA and 200DMA to make a base, so i think buyers are right now planning to make their move. Conservative traders can wait for a breakout above 43€ and retest of the level...

IamJeanPaul Updated 

Easy trade this time. Trend lower is slowing down, and impuls higher initiated, i believe the coming days can be dollar positive. Entered as shown on the chart.

IamJeanPaul Updated 

I like this setup, this breakout to the downside is very important in my book. I will be looking to sell moves into 110.20/40 area and place my stop around 110.75 as shown on the chart. Target should be at least 109 and also an extension into lower 108'ish is very likely. For now i am waiting for a correction higher, i will update this idea as the market...

IamJeanPaul Updated 

AUDUSD is the next pair i am currently watching. Looking for a push into 0.7420 for a sell with a tight stop. RBA Rate decision tuesday and GDP data wednesday next week are key. If i enter before this two events i would like to have the stop on breakeven at some point. Because this events can be game changers and turn everything around. I will update this idea...

IamJeanPaul Updated 

Looking for sell setups. I dont think rallies can be sustainable right now, polls are showing that the labour party is pressing the conservative party of May. So the GBP will probably stay under selling pressure until the dust settles and the topic changes. For now moves higher are a good sell opportunity in this shortterm downtrend. Please trade with care and...

IamJeanPaul Updated 

I like this chart, also looking on the daily timeframe you can see a possibility for a bottom to form in this area. Its a nice technical setup but i can't really give it much on the fundamental side, so its wise to keep stops tight and don't buy too early. So if it fails the loss will be manageable and one does not get a psychological punch in the face. In any...

IamJeanPaul Updated 

I would like to see a higher low around 7250 for a nice risk:reward entry as shown on the chart. Daily Chart:

IamJeanPaul

In my strategy thats a nice buy setup with a tight risk management. I am expecting a move to 1.1000/1020 in the time coming. Please trade with care and make your own analysis. Always trade with stops and dont overrisk. Blessings to you all and thanks for following and sharing.

IamJeanPaul Updated 

Three problems alot of traders face. Having the patience and professionality to trade this trends is the tough part. Thats where alot of people surrender if they miss an opportunity or two and escape afterwards to counter-trend trading, because psychologically the market is always offering you a counter-trend trade. In my view to trade trends, one has to be very...

IamJeanPaul Updated 

Fundamentally, i am seeing good reason right now to buy the Euro, we are seeing great EZ data, and inflation is picking up. It seems very well supported, every dip is beeing bought in. Bulls are showing strong hands, and i personally believe that we will see a test of 1.10 rather sooner than later. I would like to buy a dip around 1.09 with a stop around 1.0850...

IamJeanPaul Updated 

We are in an obvious downtrend. My preferred scenario is for a move lower. In the same time i am expecting also EURUSD to hit 1.10. Dont try to fight this trend, go with the flow. Use a good risk:reward, and watch fundamental developments! Adp, Fed tomorrow and NFP on Friday are big marketmovers and can quickly turn such pictures around or create fake breaks, so...

IamJeanPaul

From a elliott wave perspective GbpJpy is moving textbook like. I love the current setup, its so clean. I am seeing big resistance now around 145, and in my view the first miniscule wave of the primary wave 3 is nearly completed. So watch out for top like behaviour around 145. Don't be a johnny come late to the party and buy now, its risky that you might get...

IamJeanPaul Updated 

Not selling until bears manage to make a good break of the bold red line. Speculative traders can sell around 111.60 with a stop above the top, but note that this is a risky and very speculative setup. It would be better to break lower before entering.

IamJeanPaul Updated 

I dont want to miss this move, textbook breakout!

IamJeanPaul Updated 

Looking for that move to 1.30 I like the technical look, and the chance for a continuation on such moves can be quite profitable. Not risking too much pipwise, and if we break this pattern letting profits run.

IamJeanPaul Updated 

Text on the chart.

IamJeanPaul Updated 

Todays setup i am looking at. Euro after yesterdays frenzy is still weakish before the french election. I believe EurJpy should be a solid and better Sell play than EurUsd. The Jpy is still seeing good demand in this times of uncertainity. So i am watching this wedge to break for the next push lower. Blessings