Jaytrade23

Jaytrade23

Good Setup with a Lower Time frame (LTF) entry confirmation.....at least according to my strategy.

Jaytrade23

The correction looks like its over and the trade is ready to bust downwards. Good trade/risk management should be exercised.

Jaytrade23

Waiting for the Bear flag to complete before a Strong Bullish move can take place. This can either happen where the market shoots up straight after breaking out of the Flag, or break out then create a Low Timeframe Bullish continuation pattern. Watching it like a Hawk!!!!!

Jaytrade23

Following two successive Bear flags, the trade looks like it is read to continue downwards towards the areas of 1.17523. I am in on this one and am hoping for a "good harvest". PS: I ALWAYS RISK 1% per trade. Money Management is Crucial!!!!!!!!! HAPPY TRADING FELLAS!!!!!!

Jaytrade23 Updated 

A good setup "brewing" here after the pair created a nice double bottom on the 1D timeframe . Look for confirmation on the lower timeframe before entering the buy. I am looking for a bullish frag.

Jaytrade23 Updated 

I am INNNNN on this beautiful sell as the price continues to tumble downwards, I good continuation pattern has just completed and I am already working on scaling in, looking forward to holding this until the 90% rule is fulfilled, that is, movement down to the beginning of the channel.

Jaytrade23 Updated 

Even though the left shoulder is still in consolidation, it is promising a beautiful push upwards with potential profit target of 1.88279 Patience should be exercised, however, in waiting for a confirmation pattern after break of structure

Jaytrade23

An inverse head and shoulders pattern looking need and spelling a turn around for the Pound. I'm expecting the pair to push upwards for an excellent 3:1 risk:reward. BEAR IN MIND; No matter how good an analysis is, the markets will do what they want when they want. It's a matter of picking high probability trades...... i believe this is one of them.

Jaytrade23

Good falling wedge setup followed by a low time frame continuation correction has confirmed the upward movement of this pair.

Jaytrade23

This pair has shown for sometime that it is was in the "mood" for a downward move. A nice Bear Flag has formed, mapping a out a long term sell

Jaytrade23

As indicated on the chart, the pair is forming nicely into a long term sell pending the break out of the left shoulder, a good sell has developed on the 4h timeframe

Jaytrade23

The index has been going up for a while, but it was moving in a rising wedge, as the price was getting squeezed up on the way to the top. The trend has since shifted downwards and looks like it will continue to the beginning of the channel (this can take months or even years to play out but with very :handsome rewards)

Jaytrade23

The pair is currently in consolidation mode, with two possible entries coming soon for either a RISK ENTRY or entry after the market has completed it's retracement (as shown)......PATIENCE is the key.

Jaytrade23

The pair has risen impulsively following an inverse head-and-shoulders pattern that formed, with the potential to rise even further more until it reaches the 1.79000 price

Jaytrade23

CAD pairs have been showing beautiful sell patterns and the CADJPY is no exception. The bear Flag confirms the continuation of the downward move which is likely to go on for a while.

Jaytrade23

Expanding pattern acting as a reversal pattern, coupled with a bearish Channel(pattern within a pattern) confirming a beautiful-looking SHORT. Proper risk management to be implemented. Good R:R ratio if one lets the trade run.

Jaytrade23 Updated 

The pair has created a nice descending channel, and in the process creating a double bottom , or as some would call it, "W"-in-the-making . Buy stop can be used to enter, or waiting for further confirmation in the lower time frame before entering a market entry. DISCLAIMER; This is for educational purposes only and NOT investment advise. Trading in foreign...

Jaytrade23 Updated 

After a month lomg retracement, the pair loooks like it is ready to venture downwards. A 1:3 ratio is possible, with the 90% rule coning into play, i.e, the trade moving down to the beginning of the channel.