JLJ002500

JLJ002500

AUDUSD See D chart notes. Downtrend is in question. At least short-term, I am no longer selling pullbacks. Short-term, I am looking for buying opportunities with good risk/reward. I will be using 4h/1h charts. Potential trade set up on 4H, HOWEVER, I am waiting for further confirmation on 4H & 1H. Comments welcomed.

JLJ002500

Open trade. Short @ 1.12917 & 1.12782. First time trading this pair. Seemed like a great trade set up. Will close positions on Friday or when TP reached, whatever occurs first.

JLJ002500

Never a great decision to enter a position without much conviction or solid reasons why, but that's where I am with this trade. EURJPY, has been ranging/consolidating, etc. Currently I am more bearish than bullish. I have taken advantage of a few opportunities with good risk/reward to go short and long over the last few weeks (or longer). Most have been short...

JLJ002500

Still moving up after recent consolidation breakout. Resistance 125.85 (after 125.54). I only partially took advantage of the move up from 123.64 to 124.44, attempting to scale into trade, only one limit order was executed. Gains were minimal. Now confirming break above resistance zone and good risk/reward, I will be more aggressive. I have position myself...

JLJ002500

Missed most recent move and waiting for another opportunity. Strong support with either hold or break. No entry until confirmation. If bounce, look for entry above .6590. If breaks through support, initial entry with fairly tight stop, followed up scaling in with pull backs to 9 - 21EMA on 4H.

JLJ002500

Expect USDJPY to continue higher after short-term pull back (possible testing support). 123.00 needs to hold for Bull bias to remain strong. I'm placing a conservative limit order and early next week will look more aggressively for long entry.

JLJ002500

Found support. Expect it will pull back towards support zone before making move higher. Looking for an entry IF it occurs before tomorrow (Friday) morning. High probability I'll be on the side lines and look for long entry set up early next week.

JLJ002500

7/24 - Mid - Long term bias is SELL / Bear, however the short-term bias is neutral to moderately bullish. Because of short-term bias and current risk/reward is unfavorable, I am currently waiting for a better opportunity to open a short position. Would CONSIDER opening sell position closer to 1.1000 with tight S/L and closely monitoring when to take gains. ...

JLJ002500

I've been taking advantage of NZDUSD's strong down trend, but have not opened a position in the last several days. Technically, even though it has had an extended run, my bias is the trend will continue. I attempted to open a short position yesterday, but was too conservative with my Sell Limit order and as a result it wasn't executed. Currently, NZDUSD is...

JLJ002500

EURJPY resistance held & bearish candle. Currently trading below 9 ema. Good risk/reward set up. I believe it has a strongly likelihood of reaching 133.314 support and potentially taking out that support. Taking a more conservative position, I plan on taking profits at 133.90. Opinions & thoughts are welcomed.