Jude_N

Jude_N

I am anticipating small re-tracement (Applicable only to day traders who trade using smaller time frames. Like me of course.) to 134.100-200 Area which would be last confluence area (Possibly a Double TOP). this will help the buyers to breath a little and Run again passing the physiological level of 135.000 and the rest will be up to the future. I would like to...

Jude_N

Everything is 50/50 today for me. Chart will explain the possible scenarios on breakout of a confluence zone. This is where the demand and supply meets each other. We need a big institution/bank to relive us from this pain. After hitting my TP1/TP2. I am still expecting TP3 to be hit provided with extreme caution. However i am out of all trades. Cheers guys...

Jude_N

With Nonfarm payrolls coming in approximately 4Hr 35Minits, I am looking forward to hit these limits. And it has not shown any signs of replacements thus far, hence i m believing in my trade setup. What do you think guys? Just my two cents as always.

Jude_N Updated 

Near short term possibilities for me

Jude_N

Is the pair ready for a bull run again ? I would wait @ 133.000-150 / 132.700-800 for buy again provided a market structure in place. few hour candles will confirm the entry for me. and also there is a fib confluence area at 134.600 ish which can be a potential target. Just my two cents.

Jude_N

Wow. What a Bull Run !! TP Hit. I m out for today. Main bias remain as Bearish for me.

Jude_N

What do you guys think ?

Jude_N Updated 

@ 132.300-400 area of confluence, Buyers are having a red bull for next bull run with with UK GDP I am targeting 133. and above . Just my two cents.

Jude_N

Falling Wedge on GBPJPY. Looking for a more probable BUY opportunities. What DO you think ? Cheers !

Jude_N Updated 

Will BOE Gov Bailey be able to make positive impact to GBP? At least in short term I would be looking at 132.000-200 as the safe BUY zone. It may well be quick 100 Pips to 133.000 PS. Rumors says's positive impact expected Just my two cents guys. Short term - Bullish

Jude_N Updated 

Having rejected the strong confluence zone, it would at least test the previous lows before a bull run. What i can see from the smaller time frame is that BULL & BEAR fight. Someone has to win after all. Right ? Let it flow where the demand is. Just my two cents.

Jude_N

The European Central Bank's President Christine Lagarde speech @ 1000 (+2GMT) will decide the bias of the pair i guess

Jude_N

Has 132.600 Respected? If that the case we have a clear fib rejection from 61.8. Should we see 136 ?

Jude_N

Considering the Current Daily Candle, Can the 4H Setup be valid ? Can there be a Double bottom with Trend Line support at 132.000 area ? Short til 132.000 and buy from 133.000 to 135.500 ish . Just my two cents.

Jude_N

50% Fib level is respected. Can this be a buy Setup..