JavonDias_Trading

JavonDias_Trading Mar 17

Happy new week everyone, We are looking to sell NIKKEI at 37500 based on the action we see this morning. 1) It created a high last week at 37,622 2) There is lot of divergence on H1, M30, M15 3) There is a shark pattern which is not quite valid, but shows a good sign to sell. This could be a big move downwards.

JavonDias_Trading Updated  Mar 13

The Nikkei is still in a downtrend and we will take a sell position now. 1) There is a gartley pattern to sell 2) There is M15 RSI divergence and triple top 3) H4 and D1 are down. The only danger is that there is a H4 double bottom with divergence, but it is not oversold.

JavonDias_Trading Mar 12

1. This trade is with the H4 trend 2. There is no pattern on this trade which could make it a big risk 3. It is overbought on M15 and there is divergence with the next top 4. Stop loss of 200 pips 5. First target profit when M15 goes oversold

JavonDias_Trading Mar 10

Here is why we are buying this pair at 8635. 1) It is well supported by last week's low 2) There was a big pattern last week to buy at the same area. This level is being retested. 3) There is a small pattern to buy right now (Although not clear on this platform) 4) M15 divergence in place. Stops is about 40 pips.

JavonDias_Trading Mar 3

1. There are multiple patterns on this trade 2. This is with the H4 trend 3. Stop loss of 150 pips 4. M15 and M30 are overbought but might be too early to say there is a lot of divergence

JavonDias_Trading Updated  Feb 27

We previously picked the turning point of the S&P at the all time high. We now expect this to continue with the downtrend as it approaches the strong 6000 resistance. 1) There is pattern 2) H4 and D1 are down 3) M15 is overbought, awaiting divergence We target the low of 5915 which will give a 1:2.5 R:R

JavonDias_Trading Updated  Feb 26

There is a huge pattern on the Daily Chart to sell the HK50 index pointing to a 2000 pip drop. However we are going to take the smaller pattern on this as shown below. 1) We are approaching the strong resistance zone of 23,650 2) There is a bat pattern 3) This is counter trend, so we will wait for 2-3 hours to take this trade Will update when we take the trade.

JavonDias_Trading Feb 25

1) All timeframes are oversold 2) There is very strong support at this level as it has been stuck here for a week 3) There is a pattern on H4 4) Against the trend so try to get out at M15 Overbought 5) 120 pip stop loss

JavonDias_Trading Updated  Feb 25

We are taking this position now because at 22760 because 1) H4 and D1 is uptrend 2) There is a M15 pattern 3) At strong support 4) M15 divergence 5) Previous day low Target is the top 23500 which is about 700 pips away.

JavonDias_Trading Updated  Feb 24

Here is why we want to trade this trade: 1) The low of last weekend is at 38050 2) There is a harmonic pattern with its stop loss at this level (patterns turn here also) 3) There is a lot of divergence now 4) Strong support at the 38000 level This pair moves really fast so a 200 pip stop loss is imperative.

JavonDias_Trading Feb 21

We are seeing the following on the FTSE 1) H4 is oversold 2) There is H1 divergence 3) 2 patterns at the same level 4) Yesterdays low at 8648 5) Daily trend is up This is likely to be a quick trade as there is huge resistance at 8685. We may turn short if needed.

JavonDias_Trading Feb 20

Last night we sold the GER40 index to earn 4.72% in one trade. We are now seeing consolidation to buy this pair. 1) It is with the trend. 2) There is a shark pattern 3) H1 divergence is present As much as it is tempting to go in now, we will wait for the 22,380 level to hit and execute a buy as the pair is short term bearish. The targe is the high of yesterday.

JavonDias_Trading Updated  Feb 20

1. This is against the trend but there is a pattern on M15 2. There is a previous days high resisting this trade 3. There is a lot of divergence on each timeframe 4. If this is able to break the H1 moving average it will be a long fall 5. First chance take half profit at M15 oversold 6. Stop loss of 60 pips

JavonDias_Trading Feb 17

1. There is a pattern on H4, H1 and M30 2. This trade is against the H4 trend so aim to get out quickly 3. Stop loss of 70 pips 4. All timeframes are overbought and there is a lot of divergence 5. Talk half profit at M15 Oversold

JavonDias_Trading Feb 17

We are entering this trade because: 1) It is 10 pips away from the all time high 2) There is a harmonic pattern 3) Last weeks high 4) Triple top on H1 with divergence Target would be 6000 to start off with but will monitor and take profit along the way.

JavonDias_Trading Updated  Feb 13

1.All timeframes are overbought 2. This has a previous days high and it constantly getting resisted at this level 3. There is a pattern on H1 4. Against the trend but there is a lot of divergence and consolidation 5. If this is unable to break the H1 trendline must get out immediately 6. 60 pip stop loss

JavonDias_Trading Updated  Feb 12

1. There is a pattern on M5 2. This trade is with with the H4 Trend 3. Good risk to reward of 1:2.5 4. Stop loss of 70 pips 5. Quick trade as this is likely to come back down so take half profit at M15 Overbought

JavonDias_Trading Updated  Feb 11

We are expecting a drop in the S&P later tonight based on what the charts are telling us. 1) The high of S&P is at 6118 and 6130. 2) There is a pattern to sell at the current level of 6080. 3) Yesterday's high to resist the trade. 4) H1 divergence present as well The optimistic target is 5930 (1:3 risk to reward). We will monitor and post updates here as the...