JLJ002500

JLJ002500 Updated 

This is a short trade that probably will need some management. Entered short as bearish price action signaling at least a short pull back, but could be more of a correction. Interesting news yesterday could potential skew trade and create false signals. Short @ 1.25361; SL@ 1.2560 Around 1.2515 is where I'll consider either moving SL to net neutral trade &/or...

JLJ002500 Updated 

The daily shows price consolidating before next move. See charts below 1M: Last two months, extremely bearish price action. At support, but continuation would be expected. Potential for pullback or retracement. 1W: End of November, I was expecting a retrace and continuation uptrend (arrow with "X"). Did not occur. 2nd week of December invalidated...

JLJ002500 Updated 

I like the looks of GILD. I'm selling puts to collect premium and maybe enter long position if the option is exercised. 1M: 1W:

JLJ002500 Updated 

Trading short continuation. Currently price is at moderate support zone. Needs to push through to confirm continuation. Could potentially rebound to resistance zone higher than my SL. As long as that resistance zone holds, I am still playing the short trade. That would be a good short entry if this support zone holds. Short @ 111.50; SL@ 111.85 ...

JLJ002500

I've been glancing at this pair most days to identify potential trade opportunities. It's been fairly easy to analyze and predict it's movements, but much more challenging to actually find good entry points. The recent times it has signal a buy or sell, the R/R didn't justify entry. 1D below indicates to look for buy opportunity, but even if one developed,...

JLJ002500

Closed trade. (Slightly lowered TP point). Trade Specifics: Opened long position 12/11 @ .88178 Closed 12/21 @ .88779 60 pip gain Trade took much longer to develop than anticipated. Current Analysis & Future Expectations: Price is at a moderate resistance. Felt good time to take profits. I anticipate a pull back. - First...

JLJ002500 Updated 

Down trend since 11/27. Bullish convergence on RSI & Stoch. Double bottom, suggest trend change (see D chart below). Price above 1.1813-1.187 would strongly support end of 11/27 down trend. I'm long @ 1.17760 with a 1/2 position size due to lower conviction level of this trade. Price has struggled building enough momentum to break through a relatively week...

JLJ002500

Trading the range. My SL is tight. I do have room to adjust, but that is how I opened the trade. Price could retest upper range resistance. I would like to get in and out of this trade if it moves my direction. 1W: Last week closed on a more bullish note, different from previous weeks. Still closed below resistance. 1D: Range still intact. 1H:

JLJ002500

My aggressive entry point moved in my direction initially, but failed to break 13.8 resistance zone and didn't fail to bust the support making a new LL. Based on the 1D, down trend remains intact. My long bias was formed on the 1W looking for continuation following break of consolidation pattern. That bias has caused me to watch for buying opportunities on...

JLJ002500 Updated 

Limited Order placed for 12/15 42P. May not get executed if IV continues to decline today. Order will expire at end of day. 1M: long-term potential for significant decline

JLJ002500

1M: Down trend beginning with 1/2016 strong reversal. Strong September bullish pinbar off of support followed by a strong bullish candle. Even though the Oct candle on it's own is a strong bullish candle, it is a little less bullish because it didn't surpass 7/2017's opening. However, still Sept pinbar and Oct combine indicate's potential for bullish...

JLJ002500 Updated 

See charts below. Long @ 13.662 Because this is a more aggressive entry point, I set my position size and SL to minimize the loss should it not go in my direction. I am also able to add to the position once trend has been confirmed on lower time frame (1h). 1M: 1W: Down trend broken following consolidation breakout where newly HH/HL formed. Current...

JLJ002500

1D: EURGBP surged from 4/18 to 8/29...Retrace 8/29 to 9/27...now in consolidation range. The range is very messy. Upper area ~.89700 - .90000+ Lower area ~.88000 - .87300. My last EG trade (short at upper range) ended with my SL triggered, taking me out of the trade before it moved in the direction I anticipated. Now at lower area (upper range of...

JLJ002500 Updated 

EURJPY has some gusto as it strongly moves up to the top of it's consolidation range. It's currently overbought on short time frame charts. As long as resistance holds, a short entry opportunity could present itself shortly. I'm watching for a strong price rejection to go short. At current price, any bearish move could signal a short entry, however the yellow...

JLJ002500

NZDUSD could provide some excitement for the next few weeks (or longer) with increased volatility as it's long-term trend gets determined. See charts below for more further perspective. 1D: 1D ZOOM: LH/LL. Current candle volatility. I missed the last LH, which would have been an ideal sell entry point. Daily close above yellow box (resistance...

JLJ002500

Locking in profits by adjusting SL to .7581. Strongly considering adjusting TP to be less aggressive. See by charts below, the move down is showing signs of weakening. May close trade manually and take profits since I have solid gains. 1D: 1W: 1H:

JLJ002500

Consolidation range trade. Top end of range. 15M: 1H: 4H: 1D: 1W:

JLJ002500 Updated 

I'm in at 1.27139. There could be a more optimal entry point if UC retest trend support line or breaks trend support to test support zone. UC trending up, but has had recent consolidation. Consolidation looks to be completing and trend continuation to follow. 1W 1D 4H 1H