JasonGraystone

JasonGraystone

Nice level of key structure 9350. As we approach the resistance of that level, we are seeing some deceleration, and an ascending channel. Not being greedy with targets. As per the chart. Good Luck Guys. Jason G

JasonGraystone

Not a pair that I trade intraday but came across this high probability set up on EURNZD. For those of you who trade these channels, you will be looking for a fall off to the target zone indicated on the chart. Quick Idea, because it looks like it may play out very soon. Good luck this week. Jason G

JasonGraystone

Following the short play last week, Here we have a nice test of the 141 zone which is a major level of structure in this market. Will be looking for a tight stop then a quick in/out with good R;R Have a great week guys., Jason G

JasonGraystone

Following the recent break down of the daily compression channel, although I think this could be a short lived move for the bears, there is a high probability that we will see that breakout retest zone hold some resistance. There are two advanced ratio patterns completing at that level for an aggressive short for a quick one in and one out. Good luck in the...

JasonGraystone

NIce level of structure around 1.8400. We have seen a hold of that level. On the 60 you can see a real nice H & S pattern forming. Patience. Waiting for the break and re test of the neck line. Good luck in the markets

JasonGraystone

Retesting the neck line of this slanted H & S pattern now. Not my favourable slant and the entry will be heavily dependant on the close of the current session candle but a nice level. RSI is pushing over bought too. Will be keeping an eye on this level this morning. Good luck in the markets. Jason G

JasonGraystone

As always, patience pays the bills. I personally don't like taking trades for the sake of it. I wait until I have a very high probability of being right and I make sure I win more when I'm right than I lose when I'm wrong. Here is a lovely little set up on the EURNZD. Daily timeframe showing massively oversold at a Major structure level being tested. Loss of...

JasonGraystone

As traders, we understand that we can only ever play the probabilities. For that reason, we want to be able to identify where the high probability trades are presented. If we can identify an area of the market that is likely to be respected, we can build entry and exit rules around that move and capitalise. Lots and lots of confluence here and I will be keeping...

JasonGraystone

Following the Head and shoulders pattern break down, and perfectly respecting the slanted neckline, we have since seen further continuation to the downside. Right now, we are seeing what I call a complex pullback which can be used to build a high probability entry zone. First we have the Level of historic structure that has been respected more often than its...

JasonGraystone

Text book Breakout pattern on this pair. The more conservative traders would be looking for targets at a retest of the highs whilst the more longer term traders will be looking for the extension. Not a pair I trade but will be monitoring this today for my personal portfolio development.

JasonGraystone

I love this pair for its breakouts. Its one of the reasons I started trading breakouts altogether. Nice little day trade here for those of you who are looking at these patterns. Its a little early for my day trading session so I may miss the initial breakout if it occurs however, I can still look for the retest in the live room maybe. Good luck this week.

JasonGraystone

Lots of opportunities starting to present themselves in the markets now as we look forward to the end of the holidays. One on my radar is this structure short on the GBPAUD. Major level of structure Ascending channel Deceleration RSI OB Looking for a nice tight entry on the 60 for targets at previous structure resistance 7704 Good luck in the markets

JasonGraystone

After watching the market push up during yesterdays AUD news, RSI went extremely over bought up at 97 The market then put in a nice Double Top right at that major 9700 even handle. On the retest we saw some nice bearish divergence on the RSI so I got involved as soon as we had the valid retest signal. Stops and targets as per the short position indicator.

JasonGraystone

As you may or may not know, I have been tracking this since December as the market started to respect the same psychological patterns that have stood the test of time in other markets. We now have a bat completion at market so there could be a push down to the neck line of the inverted head and shoulders pattern where there will be another opportunity to...

JasonGraystone

Waiting patiently to see if we get the opportunity to enter short for my first chance entry on this H&S pattern on the EURUSD. Some nice structure trades playing out over this last week particularly on the GBPJPY (see last post). Let it continue. Good luck in the markets this week guys. Jason G

JasonGraystone

Following the breakout of this ascending triangle, we have seen a re-test and protection. Watch out for NFP today though!

JasonGraystone

Lots of questions lately from traders looking to use the higher time frame for their trading time frame. The number one key to successful trading is consistency. If you have a job or other distractions that stop you from being in front of your charts when you need to be, then you will lose your edge over time and of course lose money. I recommend that newer...

JasonGraystone

Equal measured move set up at previous resistance on the higher time frame. RSI is over bought. Could be a nice opportunity if market gives us a valid Double top.