JD_FX

JD_FX Updated 

The price tested the channel resistance line and now seemingly reversing. Price under 200 Day SMA confirming downtrend. !hr Stochastic indicating the market is overbought reaffirming the price reversal. 15Minutes 5day and 8day SMA crossing suggesting a reversal. Entry: 1.27363 SL: 1.27581 TP: 1.26999

JD_FX Updated 

The Daily chart is indicating an upward swing which has the potential to last a few days until the price reaches back to the 106.190 mark. 1Hr price action looks like it is currently pulling back, placing a trade before the London session starts to potentially catch the European volume. Price action has broken through the Ichimoku cloud confirming an upward trend...

JD_FX Updated 

Price is currently at the top of the falling channel. 1Hr Stochastic is reaching an overbought status. 1Hr Ichimoku cloud is confirming the downwards trend. 4Hr Ichimoku is also bearish. Entry: 1.17065 SL: 1.17168 TP1: 1.16808 TP2: 1.16677

JD_FX Updated 

Consolidation of 1Hr candles and slight pullback allowing short positions to take profit and new sellers into the market Price trading well beneath 200Day SMA confirming the downtrend 1Hr chart trading in the momentum zone of stochastic 3 Bullish candles on the 1Hr chart. Entry: 24.247 SL: 75.637 TP1: 74.457 TP2: 73.941

JD_FX Updated 

Potential continuation of the downtrend. Relatively negative news for GBP at the moment with more threats of a second lockdown and with coronavirus cases rising. The dollar is picking up strength at the moment so may see the £ weaken further. 1Hr chart has seen a consolidation of the price through the Asian Hours and then a short in price running up to the opening...

JD_FX Updated 

Continuation of the GBP/CHF short Trading underneath Ichimoku cloud to confirm downtrend Consolidation of price overnight and price momentum picking up short Price has the potential to continue to the lower support line around the 131 mark. Entry: 133.291 SL: 133.904 TP: 131.915

JD_FX Updated 

4 Hr Bullish Pin Bar on the 10am candle. Most USD pairs turning bearish. 4Hr Stochastic suggesting a reversal of price action to be bearish. Previous 4Hr candles ranging and showing signs of uncertainty. Entry: 1.32913 SL: 1.33425 TP1: 1.32088

JD_FX Updated 

Following the downward trend confirmed by 200Day SMA 4Hr suggesting a reversal of price Other USD Pairs starting to short heavily Entry 104.414 SL: 104.605 TP: 104.123

JD_FX Updated 

Daily stochastic is indicating the market is overbought 4Hr stochastic is indicating the market is overbought 1Hr stochastic is indicating the market is overbought Although the market is in an up-trend and it is generally against my ethos to trade against the trend, the price is hitting a resistance level which has been tested 4 times, and potential looking at a...

JD_FX Updated 

1Hr chart 3 bearish candles suggesting the price may continue downwards Price has broken through the Ichimoku cloud confirming a downwards trend 1Hr Stochastic suggesting a continuation of bearish momentum Consolidation of 1Hr candles through the Asian hours suggesting pent-up demand for a move Entry: 0.66538 SL: 0.66779 TP: 0.66039

JD_FX Updated 

The daily chart looks like the price has bounced off a 5 times tested resistance line. 4Hr chart has crossed through a 200 day SMA confirming a bearish trend 4Hr bearish confirmed by passing through ichimoku 1Hr stochastic RSI signal lines are about to cross and indicating a price reversal... the % lines are also near the 50.00 range It looks like the price has...

JD_FX Updated 

Potential reversal of price Price currently at the top of 3 times tested resistance line on the day chart 4Hr chart indicating the market is overbought 1Hr suggesting the market is overbought Trying to catch the drop early... I have placed a tight SL if the price isn't ready to turn just yet. Entry: 0.67849 SL: 0.68150 TP1: 0.67311 TP2: 0.66871

JD_FX Updated 

Trading the range... 4Hr stochastic indicating the market is overbought 1Hr indicating the market is overbought 8am candle has started to reverse price direction by engulfing previous candles Entry: 1.07889 SL: 1.08036 TP1: 1.07852 TP2: 1.07403

JD_FX Updated 

Potential long on USD/CAD Price is sitting above 0.382 Fib and typically not breaching it to the short side 4Hr chart showing numerous dojis, signs of indecision in the market 1Hr stochastic showing signs of momentum moving towards the 50 zone Entry: 1.31664 SL: 1.31260 TP1: 1.31963 TP2: 1.32278

JD_FX Updated 

Potential breakout of a wedge pattern formed after a long buying period 1Hr Price trading underneath 200day SMA 1Hr Price underneath Ichimoku Cloud 1Hr Stochastic entering momentum and reversal

JD_FX

Small trade on USD/CHF. Following the DXY as it looks bearish on the day chart. Price is currently trading under the 200day SMA confirming a downtrend. Price also under the Ichimoku cloud. Trading within support/resistance, potential continuation to the support line.

JD_FX Updated 

1Hr Price is showing signs the market is overbought and some signs of uncertainty as we exit the Asian hours. Heiken Ashi is showing slowing in momentum and potential signs the market may reverse. Entry: 1.32302 SL: 1.32661 TP1: 1.31963 TP2: 1.31745

JD_FX Updated 

1Hr Stochastic entering the momentum zone towards 50 mark. 1Hr 8am candle confirms bullish momentum. Price recently bounced off the bullish trend line. 5 and 8 day SMA has crossed, confirming a reversal in the price action. 15Min 9am is a bullish pin. Entry: 0.72829 SL: 0.72544 TP1: 0.72344 TP2: 0.73378