JavonDias_Trading

JavonDias_Trading

First of all, this is not to cause alarm but to look at the JPY chart from a holistic long term view. The last time we posted about a market drop, it came true. This chart is a summary of how we called the DJIA to fall from 35,200 to 29,000. This was also followed up with a posting on the SPX from 4200 to 3700. Looking at the long term view of all the YEN...

JavonDias_Trading

M15, M30, and H1 are oversold Must wait for a bit more consolidation and divergence 50 Pip stop loss Against the trend but there is a pattern on M15, M30 and H1. 1st target is 94.80

JavonDias_Trading Updated 

M15, M30, and H1 are overbought M15, M30, and H1 all have double tops with divergence Counter trend but patterns on H1 and M30 Stop loss should be 40 pips 1st target is 0.60274

JavonDias_Trading Updated 

M15, M40, H1, and H4 are overbought Double top on M15, H1, and H4 with divergence Counter trend but the is a pattern to buy at 1.1821 Stop loss above 50 pips

JavonDias_Trading Updated 

M15, M30, and H1 are overbought A double top with divergence on M15 Counter trend but there is a pattern on H1 and M30

JavonDias_Trading Updated 

The H4 and D1 trend is a clear down. The price is inside the H4 moving average. M15, M30, H1 is all overbought M15 divergence present Stop-loss above 21150

JavonDias_Trading Updated 

This pair is on a downtrend. H4 MA is acting as a resistance. H1, M30, M15 are all overbought with divergence. We are selling with a 50 pip SL hoping to catch the pattern at the bottom.

JavonDias_Trading Updated 

AUDCAD is still in a downtrend. We shorted it previously which was very successful and now looking for it again. M15 and M30 is showing reversal signs. We have strong resistance at 0.8860. Holding for at least 50 pips.

JavonDias_Trading Updated 

Reasons why this was a bad trade This trade was a completely counter trend but we still decided to go long without a pattern There was too much consolidation without a move up so it was bound to drop all of our previous trades ended in a win so we just got too excited and took a bad trade

JavonDias_Trading Updated 

The D1 and H4 MA are flat so this is considered to be a ranging trade. There is a harmonic pattern in M15. Massive divergence in M30, M15 which should help this pair fall.

JavonDias_Trading Updated 

M15, M30, and H1 are oversold There is a double bottom on all 3 charts with divergence Stop loss should be below 0.97553 1st target is 0.98248

JavonDias_Trading

Even traders need to go on a holiday! However, the markets don't wait for anyone and we were trading on the road. We first took a trip to Paris and it was a hard adjustment because we were trading in different timeframes and traveling all around the country. We could not post our ideas before taking them as we did not have laptops. Metatrader come to our rescue...

JavonDias_Trading

Firstly let's remember this is a counter trend. We already have made some progress by shorting EURCHF earlier this morning. There is a pattern to sell this which is now stuck at the stop loss level. Selling this with a tight SL. Will take profit as soon as there is any strength in this pair.

JavonDias_Trading Updated 

2 weeks ago, the S&P make a high of 3945. Last week it has crept up to 3915. It is being resisted at this level for almost the whole of Friday and we are seeing the few tops being created. There is RSI divergence being shown and likely to have a fall. We won't be taking this trade as AUDCAD would fall at the same time, but would watch this closely.

JavonDias_Trading Updated 

Against the H4 trend but M15, M30, and H1 are overbought There is resistance to this week's high Stop loss is above 1.1719 1st target is 1.16056

JavonDias_Trading Updated 

NZDUSD is still on the downtrend. M15 and M30 is showing divergence. Hoping USD will strengthen further. Have exited USDCHF.

JavonDias_Trading Updated 

Even though this is counter trend M15, M30, H1 and H4 is all overbought There is a triple top on M15 with divergence Stop loss should be 50 or more pips away 1st target is 0.96374

JavonDias_Trading Updated 

EURCHF has fallen to all time lows. Based on our analysis, we are seeing H4, H1, M30 and M15 oversold. We see M15 and M30 divergence. The stop loss is very tight as this is a counter trend.