JavonDias_Trading

JavonDias_Trading Updated 

With the H4 and D1 trend Harmonic pattern on M15 Stop loss is 50 pips 1st target 1.5835

JavonDias_Trading Updated 

GBPAUD is in a downtrend. The price is at the H4 MA. M15, M30, H1 is overbought. Divergence is visible in M15 and M30. Stop loss is 100 pips but will keep the loss below 1%.

JavonDias_Trading Updated 

AUDNZD is in a strong uptrend. There are some reversal signs on H4 but we can back this to test the high of 1.11000. M15 bullish divergence. Stop loss is just 40 pips. Good luck!

JavonDias_Trading Updated 

H4, H1, M30, and M15 are oversold Against the trend but there is a harmonic pattern on H4 and H1 Stop loss is 50 pips above 1st target is 0.6990

JavonDias_Trading Updated 

The FOMC saw stocks and risk on currencies strengthen after the decision from the FED. We are seeing weakness in AUDUSD after this strong move. RSI - H4, H1, M30 and M15 is overbought Divergence - H1, M30 and M15. There is a harmonic pattern at a higher level. Stop loss above 0.7300

JavonDias_Trading Updated 

This trade is against the trend but: 1) M30, M15 shows divergence 2) Harmonic pattern in place Stop loss above 0.8475 which is last weeks high.

JavonDias_Trading Updated 

This is the first time I traded FTSE. I used the same theory as trading FX and here is what I saw. 1) The high of last week was present at 7581 2) There was a nice harmonic pattern to sell 3) M15, M30 and H1 divergence in place. The pair is now oversold. I have taken half the profit out after learning a tough lesson from the last 3 trades :). Switched to...

JavonDias_Trading Updated 

We decided to go with BTC instead of ETH. Same logic as before.

JavonDias_Trading

Both pairs are in a downtrend. Coming up against good structure. I am looking for a DT in M15 to go short. Stops are shown as per the chart. First time in ETHUSD so let's hope harmonics pay off. Cheers.

JavonDias_Trading Updated 

Harmonic pattern on M15 With the trend on H4 and D1 Inside the H4 trend Target 1 is 1.0180

JavonDias_Trading

The AUDUSD trade failed but NZDCHF looks quite weak. The bearish candle shows us it will struggle to close above 0.6315. This is with the trend. Currently it is at support but we are aiming for the lower target and CHF is due to strengthen.

JavonDias_Trading Updated 

There is another pattern to sell AUDNZD. This is against the trend. We need clear reversal signs to take this.

JavonDias_Trading Updated 

The pair is really bearish but has had some movement upwards. It has reached strong resistance now and it losing steam on M15. Stops are about 40 pips above 0.7125. We also noticed that SPX, NAS and DJIA are showing similar weakness so expecting this to happen later tonight. When markets fall, AUD, NZD tend to weaken.

JavonDias_Trading Updated 

Double top on M15 with divergence Harmonic pattern on M15 With the H4 and D1 trend 1st Target is 1.3458

JavonDias_Trading Updated 

BTC is in a downtrend. We see a double top in M15 but no harmonic pattern. If this trade fails, we are going to sell again around 39,600. This is our first BTC trade that we are executing so wish us luck!

JavonDias_Trading

USDJPY has been a raging bull and moved up quite quickly. However everything that goes up finds it way down. Here are the reasons the bull run is over. 1) There is a huge harmonic pattern in play now. 2) Monthly, Weekly, Daily RSI are overbought 3) Daily Divergence is in play. The trade will not happen immediately. We need to observe this for about 2-3 weeks to...

JavonDias_Trading

Background: I have been a faltering trader for the past 11 years. I have had highs where I made 40-50% a year only to see it being wiped out by one trade. This is due to poor risk management or getting cocky and not accepting a loss when it hits me. I started off 2022 on a really good note making 8% in 2 months as you can see...

JavonDias_Trading Updated 

The overall market sentiment has been very bearish for various reasons that I have highlighted in the DJIA market crash prediction below. BTC is also vulnerable to the bearish market and I see a great opportunity to sell this pair at the psychological number of 40,000. The pair is in a downtrend both on D1 and H4. The pattern will form within the H4 MA and I...