JKibbler

JKibbler

As tensions and current weather conditions in the US seem to be easing we are potentially seeing some USD strength. Technically we see EURUSD coming lower. If we see price move into the 1.1870 we will be looking for bullish price action. If we see price close below the level we will be looking for a continued short opportunity into the support of 1.1725.

JKibbler

THIS WEEK WE HAVE SEEN POUND STRENGTH, USD STRENGTH AND CAD WEAKNESS, PROVIDING US WITH SOME GREAT TRADING OPPORTUNITIES. THE MARKETS ON A DAILY TIMEFRAME ARE NOW SHIFTING, SO WHAT'S NEXT? FOR ME WITH THE BREAKOUT OF POUND I AM POUND LONG UNTIL BREXIT. I HAVE DIVED INTO THE SMALLER TIMEFRAMES OF 1HR AND 4HR AS THERE IS TOO MUCH RISK IN TRADING IT DAILY AT THIS...

JKibbler

QUICK 1:1 TECHNICAL TRADE INVERSE HEAD AND SHOULDER PATTERN WITH THE HELP OF THE DOVISH STATEMENTS PRESENTED BY JANET YELLEN DOLLAR WEAKNESS HAS CONTINUED PROVIDING FUEL TO THIS INVERSE HEAD AND SHOULDERS ON THE DAILY TIME FRAME. WE COULD SEE THIS COMPLETE TODAY WITH A BREAK OF THE NECKLINE LEADING US TO WAIT FOR THE RE-TEST OF THE NECKLINE WITH SIGNIFICANT...

JKibbler

I HAD AN ORDER LAST NIGHT LONG AUD/JPY . I WAS TRIGGERED INTO THE TRADE OVERNIGHT WHICH IS A BIT OF PET HATE OF MINE AS WE SEE TIME AND TIME AGAIN THAT EUROPEAN AND US MARKETS SEEM TO REJECT THE ASIAN SESSION. HOWEVER MY CONFLUENCES ADDED UP WITH MY TRADING PLAN, I WAS IN. UNPREDICTABLE AND UNFORTUNATELY FOR BRUSSELS THEY HAVE COME UNDER A SEVERE TERRORIST...

JKibbler

WITH CURRENT CONSOLIDATION AND UNCERTAINTY IN MANY CURRENCIES LIKE THE US DOLLAR AND GBP MY INITIAL THOUGHTS WERE TO LOOK AT THE COMMODITIES FOR OPPORTUNITIES. I MANAGED TO CATCH A FEW OPPORTUNITIES TO GET LONG ON GOLD AND COPPER VERY SUCCESSFULLY, HOWEVER IS GOLD STARTING TO RUN OUT OF STEAM? SEASONALITY REPORTS SUGGEST THAT GOLD USUALLY HITS A TOP AROUND THE...

JKibbler

Since January 2015 the EURCHF has been in a somewhat dormant bullish trend, with some dips and sideways movement, however there hasn't really been a sign of a definitive trend. We had some potential signs of a bullish trend in July 2015 with a breakout of the range (highlighted by the rectangle to the left. We had a re-test of the range and then a further move...

JKibbler

I had this currency pair on my watch list for this week after analysing the WEEKLY chart, and whilst looking through the DAILY time frame I spotted a potential long trade. I spotted a pattern I have just started to test out, you have 3 bars involved. In this instance we see a good pullback to previous structure, the first bar looks like a potential low test bar,...

JKibbler

We have seen a great move from this currency pair since September 2014, I have only been trading for the past 8 months now but I always start my analysis of a currency pair with the MONTHLY time frame. I noticed a very clear trend line and very clear higher highs and higher lows. Currently USDAUD has come back to the trend line, so I moved down the time frames...

JKibbler

Had the re-test of the range clearly jumped up to previous structure. Hit target now waiting for new lows and a new high before looking for price action. I must say this was a pretty aggressive trade as the high test wasn't as strong as I would of liked. Lets wait for a break of the target and a re-test and get back in on this!

JKibbler

Finally seen a break of this 1 hourly range, would love a retest touching the box or around that area then look for some price action to previous structure?