J1021Trading

J1021Trading

Inflation data tomorrow. Rumours of rates hike but nothing confirmed yet. You’d expect hawkish language but still some reluctance. Given the word being on fire, I don’t see JPY rushing to make big policy changes. Aud commodities support strength there too… I’m in, long. Against popular opinion but they are the best trades. SL set at 100.5 with a 1% Risk...

J1021Trading

Seeing bearish pressure for AUDJPY & NZDJPY. Weakening NZD, rising sell activity, MACD switching bearish, RSI coming down from OB. Short at 91.6 TP: 91.0 TP: 90.0 SL: 92.1 What do you think?

J1021Trading

Bearish market sentiment, coupled with key resistance levels and support at 100.0 / 99.0 in extension. Falling volume and order flow suggests upward momentum stalling out. Entry: 100.9 TP: 100.0 TP2: 99.0 SL: 101.5 What do you think?

J1021Trading

I am short GBPCHF from 1.1325. Tight SL on this trade at 1.1360, target decline back towards 1.12. We look OB on larger timeframes. I am generally negative on GBP, employment data tomorrow could blow this out, but I’m holding this short for now.

J1021Trading

Trend broken here with bearish momentum. I’m short down to 0.67 - 200 EMA may create resistance but I think we’re going to be USD bullish until Friday now so plenty of room to move before a Thurs / Friday AM close. World moves to war, where is your cash going? USD and XAU to gain strength near term.

J1021Trading

I’m in here short. Target 1.09, possibly 1.07 if momentum carries. Strong US data recently and more news out later. I can see a big rejection of 1.12, a head and shoulders created and downward pressure. I’m long USD vs. GBP & AUS also. Analysis to follow on other channels. Remember to keep risk in check. 1% max.

J1021Trading

Going long here. SL beneath recent lows. Been looking to short USD on a number of occasions and now looks to be moving

J1021Trading

Break in uptrend. Retest atm. I expect this pair to fall back to 1.34 over this week. Good R/R.

J1021Trading

Long here. Sent this morning. Upward trend forming, EMA break and retest. 3 profit zones identified.

J1021Trading

Run up against JPY last week. I’m expecting a YEN rally this week and a fall off of GBP/EUR/USD. Head and shoulders formed. Resistance at 150.5. Could fall back as far as 145.0

J1021Trading

Idea: I am short here. Down trend building. Support level around 0.85 longer term, so tight SL, and a long run down expected.

J1021Trading

Going short here. Poor NFP data, followed by a little recovery yesterday. Now shorting USD across several pairs.

J1021Trading

NFP tomorrow. Don’t carry unnecessary risk into the weekend. Look to close USD positions ahead of the news - markets are a mess & scatty. Risk management priority one.

J1021Trading

Sharing an idea. I traded this up to 97.0 and took profit earlier today. I’m seeing a clear rejection of 97.0, and a drive down. A small short targeting 96 | 95 | 94, and a SL of 97.1 could be a valuable trade with good R/R ratios. Enjoy!

J1021Trading

Looking at a break and solid support on the 4HR. I expect this will break up. There is a lot of pressure on USD at the moment, and a lot of risk connected to it. I think we’ll see an overall USD sell off

J1021Trading

I’m buying NZDCAD here. Nice break up, back to FVG, looking positive still. Long targets 0.82 / 0.84 / 0.85.

J1021Trading

Looking a major sell side liquidity zone around 1.21. Higher CPI than expected, May support a drive back up. Using a small lot with tight SL, I think long here.

J1021Trading

We're back. Took a little break from posting but happy to be sharing ideas once again. I'm going short here. There was a push above recent levels but it appears to have failed. The downside level seems to be 164.5, or potentially down to 162.0. SL: 166.9 feels comfortable. Happy trading all.