jTRADE_2

jTRADE_2 Apr 1, 2024

IMO all indices are well over overbought. Stocks EPS are manipulated simply by buybacks . Everything reverts to the mean , i mean everything. Target 1 4100 by summer then the kitchen sink will be thrown late on this year followed by panic in options 33-3100 in the next 12 months

jTRADE_2 Nov 27, 2022

Just wondering if this is a bear flag.Usally I not take much notice of the volume but is a thinker.

jTRADE_2 Nov 23, 2022

240 Chart 200ma says it's time to come back. No chart on this time frame will move to far from this (and on daily you will see still 30points away from the 200ma )after the last few weeks run up you will need spectacular news to break and continue. From ATH to the low FIB 0.618 STILL IS NOT BROKEN and just a deep pull back When we see Average true range making...

jTRADE_2 Sep 28, 2021

Many swings prior to May this year but none since. This IMO is about to roll over and sharply. $100/110 November my first target Revenue is growing at slower rate Forward P/E 500+ P/S 256 Twitter:@jtrade_2

jTRADE_2 Sep 26, 2021

Switch has had a good run up 100% in 6 months ( yep) On the daily there is a large gap up which i feel will be filled. Time to breath, and running against some fibs and trends. I will see after Monday if i get some puts on Tuesday. They are quite cheap with this stock moves are quite large when it gets going. Negative Free cash flow. Net margin 5%. p/e 120 I...

jTRADE_2 Sep 26, 2021

Spy has yet to break back into it's previous daily trend. Momentum is quite strong but still feel the downside is in play. Typically a unforgiving market will rinse the the last buyers/sellers out. IMO this last move will break back into trend taken the last bulls to only turn around break down. Do not listen to the news of the day MM HF just use this to...

jTRADE_2 Sep 22, 2021

Es can still be in a corrective phaze and IMO needs a deep pullback for next leg down.

jTRADE_2 Jul 28, 2021

Lets see if SPY makes 427 tonight.

jTRADE_2 Updated  Aug 17, 2017

A big push up today will need a little retracement now, after hitting the 61.8 on 240 charts. Also, a double top, be careful as traders holidays season but market makers are still at work. I am waiting for a pull back around 109.92 with a 30 STOP and reaching 110.68 taking off 50% profit 110.23

jTRADE_2 Updated  Aug 16, 2017

Some Good News Has Come Out On Retail But Im still For The Pullback, to go long but a short for the 240 88%. I am def going long but looking for a pullback 109.73

jTRADE_2 Updated  Mar 4, 2017

Moving strongly to wave three and the fib 61.8. I will now wait for a move from wave 4 before moving my stop to just below wave 2. I will keep close eye on the break of wave 5 as i have shown yesterday. Fundermently nothing in the calendar to scare both currencies this week.

jTRADE_2 Updated  Mar 4, 2017

Although it is in a bearish trend on 4 hourly and the hourly it's hitting a 61.8 retracement now and i think it will need a pull back now. If this does manage to break Target 1 i will leave until Target 2 then will reposition at 115 approx heading all the back to 117/118

jTRADE_2 Updated  Mar 1, 2017

Ranging pair on the daily and fib taken also from daily chart. Let's see how it pulls back keeping an eye on the news

jTRADE_2 Feb 23, 2017

This pair have now been down trending for nearly 2 months so momentum and profit-taking are moving in.There are 2 supports levels it needs to break to continue its down trend. Personally, I'm not waiting for the break consolidation to go long as I want to be in the trade early but if it does go aginst me I fairly confident I can still make good profits and cover...

jTRADE_2 Feb 22, 2017

The JPY has tried clearly 4 times to break and go find support @ 118, as the yen is trying to do everything in its power to weaken its currency. Most swing traders are in it one swing too late. I never use lagging indicators but here you can see with the Macd something is a miss. Still we can wait for the break out either way but most of the trade would...

jTRADE_2 Jun 6, 2016

Can see breaking through minor support as S and R's taking a battering in the lead up to Brexit.Only buy @143.10 and stop @142.51

jTRADE_2 Updated  May 3, 2016

Long position @ 1,2496.Consolidation down now ranging.Should wait for the breakout but the risk is far greater if it does.

jTRADE_2 May 2, 2016

GBP been going up for two weeks expecting a little pull back now, hitting major supports.