Christopher-James

Christopher-James Updated 

I am looking for a potential short on USDJPY have a Sell Stop in place, confirmation is a trigger of the order. . . Waiting for the price action to further confirm the recent peak. Cancel order if upside resumes above recent high My notes only, not advice happy trading folks

Christopher-James Updated 

I have one open position in profit on UCAD, have a Sell Stop positioned if down move resumes. I want to see a break below the recent low to confirm momentum to the downside. If triggered position one is moved to breakeven. . . The Resistance above invalidates both trades as sells and I will close and cancel respectively. My trade notes only not advice

Christopher-James

Just for my trade notes: I have a AUDUSD Buy Stop in place, awaiting confirmation. The last move down found support at the top of the demand zone and correlated with a 764 FIB level. The higher low has held for now. No open Long Trades on AUDUSD, I am risk averse still waiting for further confirmation. US Dollar index shows signs of short term exhaustion on...

Christopher-James Updated 

Yesterday I posted a chart looking for confirmation of a short entry, the idea was invalidated, I have opened this trade My journal only ...

Christopher-James Updated 

Oversold with Divergence, order placed above structure on H1

Christopher-James

To me looks bearish, I wanted to take a look at any FIB numbers, noticing that price is at 1.272 extension of the recent small move up and 0.618 retracement of the larger move. . . Some are anticipating dollar weakness on the horizon, while possible that we could go to 0.7165 where I see a much stronger level of support than we currently are experiencing, a...

Christopher-James Updated 

Watching AUDUSD for signs of Support around the low. . . or a confirmed higher low on H2 no entry at this time watching only

Christopher-James Updated 

I have a Sell Stop pending for AUDNZD if it breaks the recent low... A more aggressive entry would be a sell based on the EMA's waiting for further confirmation as per my trade plan. My trade notes only

Christopher-James Updated 

Aussie found support at 13 month low, engulfing candle wiped out the most of last weeks trade. I have set a buy stop order at 0.7446 with stop below the low at 0.7632 General idea only for my trade diary

Christopher-James

Looking for a potential break lower My notes only

Christopher-James

Open Trade: my Short position was triggered yesterday for USDJPY wide stops on this trade long term hold if trade not invalidated. The M pattern in the RSI and lower high formation validated my entry. My trade journal notes only

Christopher-James

Still biased long above the 50 and 20 EMA, may see a retest of the low with price consolidating below the 200. No entry for me here yet wait for previous 8 hour swing high to break around 7790. My notes only not a trade idea.

Christopher-James

I have been keeping an eye on the AUDUSD its showing support around the current price area, although there is potential for a break to the downside like the previous consolidation. My thoughts now are to wait for a strong move back above .7700 where I will look for a long position around .7710 Target not specific at this stage, just documenting the idea for now.

Christopher-James Updated 

The resistance zone has held so far with 4 hour rejection, we may see a retest of the .7700 level or to the low of the weekly rising channel (see related chart) around .7620 Side Notes: The move also validates the 50 EMA and turned on the 0.5 FIB NON Farm Payroll data later this week may be a catalyst for major movement so trade with caution. Hawkish Fed...

Christopher-James

There is a weekly channel UP on the AUDUSD, The weekly 20 EMA has held for the early stages of the trading week, with a lower than expected retail figures for January, and positive Current Account Numbers for Q4. We await the RBA interest rate announcement at 2:30 Pm today. It is anticipated to remain at 1.50% On the lower time frames the H4 is no longer...

Christopher-James

Weekly there is potential support from the 50 week moving average (0.7745), on the daily there is resistance at 0.7775 the current rise may be a retest of this level. On the H4 we are seeing a test of the 20 EMA from below. Looking to H1 there is a shorter term, bullish flag a break out would not be valid IMO unless the 0.7775 level also breaks and holds W1:...

Christopher-James

Looks like a solid short on USDJPY Starting to see some downside momentum, yet another rejection in the 104 zone. Lets see where we go from here. May add to my trade if the price action confirms

Christopher-James

There is a possible opportunity here based on a triple top, and harmonic pattern. I am looking for a turn to the downside as resistance is tested for a third time. If it breaks to the upside beyond .8800, I will wait for the pullback and enter long off the retest. Not trading this idea as there is no confirmation. There is some sentiment that the pound has...