JPAZ_Holdings

JPAZ_Holdings

Euro is probably good for a bounce here, with a 2nd entry at 1.2020 area. Upside targets around 1.2180 and 1.2200 conservatively, but aggressively I can see a little higher than that. Risking 0.5% on the first entry and 0.3% on the 2nd entry. Disclaimer: This is not financial advice.

JPAZ_Holdings

For the aggressive and risky scalpers among you. May the force be with you. I personally have at risk 0.5% on each of these trades. Disclaimer: This is not financial advice.

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JPAZ_Holdings

I apologize for the poor quality of the video. I figured out what hapepend, here it shouldn't happen again. The 10 minutes here cut me off. I said if you are tempted to long here, be careful and stay small. I am taking profits here at 1.2105 until I see a pullback into a less "oversold" area Please refer to the video for technical and fundamental...

JPAZ_Holdings

Technically oversold bounce. After this, I expect more continuation downside. Tight stop loss play. Risking 0.1% to make 0.35% profit. I have other trades already open with wider stops and larger position size, that is why this is relatively small. Fundamentally, GBP is poised for a strong rally into the 1.50 area. However, technicals tend to take precedent in...

JPAZ_Holdings Updated 

Giving this another go. We are at more substantial support on the daily. However, pressure remains heavy, I don't think it will make it more than 100 pips. As usual, a second stink bid in place.

JPAZ_Holdings

I have been short multiple times on this range, not even willing to close most of my position on these bounces, because of my confidence in the Euro drop to 1.2000 and possibly 1.1700. I also called the bottom at 1.0540 last year with a 1.20 target. The 1.25 became more clear after Summer 2017. Now, a pullback is expected before the next leg higher, sending Euro...

JPAZ_Holdings

On a short term technical basis, if April closes here silver prices could be poised for a fall under $16.00. However, long term charts indicate that buying in this region and holding for 5-10 years will create a nice return. It seems there is a strong pattern of accumulation here. Any large sellers of silver at these prices are margin traders and perhaps very...

JPAZ_Holdings

Typically we see a bounce around here if we are showing signs of a large monthly wick with still some time left in the month. Technically we have signs of a bounce showing on the 1 hour as well. I have two entries, with tighter and wider stops and targets respectively. A likely play for the month of May will be GBP short. The tight stop (white) has a risk of...

JPAZ_Holdings

Bitcoin has formed a strong base around 6,500 again and it seems it wants to retest its longer term 100 day moving average, or even poke above it again. The first target is there around 8900, the second around 11000. When Bitcoin hits $50,000 the market cap will be approximately 1% of all global fiat currency (bank accounts, cash in brokerage accounts, money...

JPAZ_Holdings

We are seeing a T3 Divergence on the monthly RSI 14 and daily slow MACD. We do not have any 5 moving average support on the monthly until 3.78. We often pullback even a bit below this, to the 2nd or 3rd support moving average. And of course, eventually, there will be a much deeper pullback. With geopolitical tensions over the past years, this has made it...

JPAZ_Holdings

**Note, we will analyze the longer term setup this weekend, probably with a video analysis. The Turkish currency has been severely sold off over the past few weeks. This is a tactical trade fading exhaustion. No market can go straight up or down without a pullback. The reason for this is because traders like myself come in and fade it for a quick...

JPAZ_Holdings

I have been waiting for this setup for a while. EURTRY pays a 10% annual swap fee, roughly. Do not try to leverage a position like this. Euro is a better way to play the Turkey long, as Euro funding rate is higher. Please beware this is more risky than a usual FX trade because it is emerging market currency in a strong downtrend. Disclaimer: Not a financial...

JPAZ_Holdings

USDJPY should rally back from it's technical resistance here. I am playing a 1:1 risk/reward setup. The monthly support below 105 is strong, at least on it's initial touch. Risking 5% to profit 5%, this is a high conviction trade, and I have a cushion for Q1. Disclaimer: Not a financial advisor, this is a public trading journal and educational tool. This means...

JPAZ_Holdings

Our 2nd entry has been hit as well, this trade is taking longer to playout than expected. We may take some profit before the ultimate target is reached, and see if we can short a bounce. However, minimum target should be at least 1.2220, with a 1.20 target being possible, if not in March then in April. Disclaimer: Not a financial advisor, this is a public...

JPAZ_Holdings

You can see the quantity that should be traded per $10,000 USD account using the long/short tool. You can also see the stop, target and risk to the account. Just highlight on the chart or click the static image above. Disclaimer: Not a financial advisor, this is a public trading journal and educational tool. This means I am not recommending you buy or sell...

JPAZ_Holdings

Video analysis later. Our larger short target played out, and we are now looking for a minor retrace of this move, before possibly shorting again. Entry #1 at 1.2153 (58 on this post). The size on this trade is kept very conservative, with a 2nd entry of course. Entry #2 is waiting at 1.2153 as can be seen on the chart (the middle of the green and red boxes...

JPAZ_Holdings

Video analysis later. You can see the quantity that should be traded per $10,000 USD account using the long/short tool. You can also see the stop, target and risk to the account. Just highlight on the chart or click the static image above. Disclaimer: Not a financial advisor, this is a public trading journal and educational tool. This means I am not...

JPAZ_Holdings

You can see the quantity that should be traded per $10,000 USD account using the long/short tool. You can also see the stop, target and risk to the account. Just highlight on the chart or click the static image above. Disclaimer: Not a financial advisor, this is a public trading journal and educational tool. This means I am not recommending you buy or sell...