jamison_fx

jamison_fx

We have AUD unemployment today so will be monitoring this level to see if the news can shape its next move, don't look at placing ant trades until after the data as no one can predict whats going to happen. AUDUSD is running into a resistance so will be interesting to see if we can get some poor data to help weaken the AUD this would line up well for both trades...

jamison_fx

Monitoring 106.750 for possible longs, as you can see this level has proven it support multiple times, look for longs off the back of any reversal signs.

jamison_fx

Watching for any sign of US dollar strength to push GBPUSD back to the downside. DXY you can see the dollar is coming into big support area, wait for reversal signs and dollar strength before looking at a position on this as moving fast to the upside at the moment. Keep stop losses tight and trade with caution!

jamison_fx

I bit of a follow up to last weeks post, I expected price to come back down to at lest the highlighted area, from there I am paying close attention to reversal signs. GBPAUD has been on the decline for a while now and expect to see some sort of pull back soon, coming into a weekly support trend line and showing multiple rejections on the 4 hr and daily. It could...

jamison_fx

Possible intra day long off a bounce of support as highlighted. Price in much need of a pull back but will this support hold for the next upside move on gold as has all the bullish momentum.

jamison_fx

Simular to GBP/JPY price has been rejecting 1.26500 multiple times as highlighted on this daily chart. Looking at gbpusd to make its way back down after both printing very nice bearish pin bars, showing strong selling pressure, ill be waiting for another pull back if any before entering a short. 1.26000 maybe the level it pulls back unto but will be waiting for...

jamison_fx

Looking at the daily 135.500 has proven its resistance with multiple rejections and price slowing down on the lower time frames, I'm also looking at gbpusd to make its way back down after both printing very nice bearish pin bars, showing more selling pressure, ill be waiting for another pull back if any before entering a short.

jamison_fx

Follow up on yesterdays idea, as you can see price is reacting to the highlighted area of support, I didn't get an entry but hopefully some of you did, if you did I would move stop loss to break even and let it run risk free. Hoping for a stronger USD to also back the rest of my setups. Hope everyone has a good trading week!

jamison_fx

As noted in yesterdays post, EUR/USD seems to be struggling to break above 1.13500 ill be waiting for possible rejections from this highlighted area for a short trade with stop loss just about 1.13500. It is only monday so will be patient and wait for price to develop before jumping into anything.

jamison_fx

Possible short opportunity later in the week, ill be very patient with this one as I'm already holding a half position long off 1.12000. Price just seems to be struggling with 1.13500 region as I've highlighted, will be watching for another rejection from here if any, then possible shorts in play, this would also form a nice head and shoulders. Don't rush into...

jamison_fx

Last week i posted this short to 106.750 which worked out nicely, this week I'm looking for a possible rejection from this highlighted level for a small intra long back to 107.600 at lest. Highlighted 106.750 area you can see the amount to previous support on the 4hr with a late push off on Friday. I will be looking for price to push back down a bit and looking...

jamison_fx

Lucky to catch the move on Friday off 1.35000 to make its way back up to 1.36250, these two areas I've highlighted as price is moving sideways bouncing back and forward. Fridays daily closed with yet another spike into 1.36250 then starting to sell off again showing the selling pressure, ill be looking at a possible move back down to 1.35000 it may happen early...

jamison_fx

This is something i'll be monitoring over the next few weeks, GBP/AUD has had a major fall from 2.05000 without any major kind of pullback. If you jump to the weekly you can see its coming in contact with a huge weekly trend line support, already on the daily and 4 hr you can see multiple rejections from the highlighted region. After such a big fall price isn't...

jamison_fx

Start of the week I've been keeping a close eye on USD/JPY for a short trade back down to 106.800. Am expecting a quick push up possibly all the way to the resistance highlighted at 108.000 before sliding back down to 106.800. Overall hoping to see some more weakness with the US dollar to back the rest of my trades. Don't expect this move to happen very soon as...

jamison_fx

My post on euro dollar got flagged last week but had a buy in at 1.2000 as marked, we are seeing a bit of choppiness through the dollar crosses at the moment but i do see EURUSD having another go at the 1.3400 resistance area as highlighted, if this level gets a clean break id be looking at then taking out 1.14000. Since this pair did make a big move in June I'd...

jamison_fx

Was looking at a bigger pull back as posted on sundays idea, have not marked it but a bit of a resistance at 1.26000. Price may make some fast pull backs but ill be looking at jumping onto any fast upside momentum. Patience and constant monitoring on this pair as US dollar can be very volatile at times.

jamison_fx

I'm currently looking at GBP/USD to shift gears and make road for 1.27000. I'd be waiting for a pull back to around 1.24000 before looking at getting an entry, this reversal from here would create a nice inverse head and shoulders showing good signs for a new move higher. The weekly also printed a nice bullish candle confirming bearish price action is slowing down.