J1021Trading

J1021Trading

Usdchf struggling to recover from recent drive down. I have just gone short here with a tight 30bps SL. Exact info available through my profile. Next major support I can see is 0.90 / 0.895, so looking for a 150bps gain at 5:1 RR.

J1021Trading

Overnight news has opened the door to a trend reversal here. NZDJPY had broken the recent trend line, and there is scope now to run up to 88.00. Give me a follow for more trade ideas.

J1021Trading

This pair has broken from its downtrend. Seeing significant support at 95.00. I am entering a long trade here back up to 100.00 initially, and 104.00 in extension. Exact trade info available through my profile.

J1021Trading

Clear resistance here at 0.64-65. Several attempts up have failed. Looking short here down to around 0.62, at the bottom end of the channel. Check out my profile for more info on me and my trading strategy.

J1021Trading

I can see here a higher low and support around 1.335. Momentum indicators are turning in favour of an upward move. I am now long here from 1.342 (-50 currently) but expect the pair could possibly move back up towards 1.37 in the near term for 350bps. What do you think? Give me a follow to see latest thoughts and opinions.

J1021Trading

I suspect we will see GBPJPY pushing up to 161.00 as the next price target, having found support around 155.5. In Nov / Dec 22 we saw a very similar move, visible on the 4HR. If the pair fails to break 161.00 it could open up 150 on the downside. However if resistance at 161 isn’t overly strong, we could see a near term run up towards 168.00.

J1021Trading

We can see GBPAUD becoming range bound. The pair clearly found support at 1.748,as it has 4 times before. I am long here looking for a move back to around 1.82. A break up could open up 1.92 as the next extended target. Thanks, follow me for more.

J1021Trading

I highlighted it to the TradingView community with some other analysis last week. I saw EURGBP reject recent highs, and expect to see it move back towards 0.86. There is still time to get into this trade, a move below c.878 and there is no real support until 0.86. Follow me for more.

J1021Trading

Eur has had a massive run in 2022, and I suspect as winter grips and data becomes more and more miserable, we’re going to see Eur give up some of these gains. I took todays price action as a chance to go short. I will look to run this in the near term back to 1.05, and potentially lower if momentum carries.

J1021Trading

Hey team, weakening EUR, I have entered a sell here. I expect the pair to give up some of the 2022 gains, so have set a target of 1.38.

J1021Trading

Clear downtrend here for this pair over the last 12-18 months. We’ve seen a rejection at 0.60, and a move away from 0.595 in the pairs latest attempt to push up. I am entering a small short here for a longer term hold. Target 400-500bps.

J1021Trading

This pair hit 0.618 fib on the Dec downtrend and has failed to break through. I suspect we’ll see things slip back to 1.10 for c.300bps

J1021Trading

Possible long move here for CHFJPY. Looking at a push back to 140-141 (0.5/0.618fib). Significant support where we are. I will be looking to enter Monday if support holds.

J1021Trading

Wait for confirmation. I picked up 360bps last week with this downward movement. I exited on Friday. We’re now in a significant area of support: 138-137.5. I am watching for a rejection and possible move back towards 140-141 or 142 in extension.

J1021Trading

On Friday we saw this pair break recent lows. I’m in this trade from 97.50 and will continue to hold. I suspect we’ll see a modest retest then a push down towards to 90.00. Is you’re not in this trade there may be an opportunity to enter on Monday. I will exit my short position if the pair push back beyond 96.00 for +150bps

J1021Trading

Seeing support here around 156.00. I will be watching as things open on Monday and looking for a move up to 161.00 - wait for confirmation.

J1021Trading

trade idea week 3: waiting to see if there is support for this pair around 126.5. If there is we could see a move up towards 132 and beyond. If support fails, we could see an opportunity to short down as far as 115.00 (March 2022). I will be watching closely for an entry.

J1021Trading

Weak US data means this hit my SL. Disappointing but every loss is an opportunity to learn, and I’m looking at whether this might see USDCAD head down to 1.32