jjburrel

jjburrel

With EUR/USD breaking it's uptrend, I'm looking for any opportunity to get short that follows my trading rules. Currently short in this position with a tight stop of 30 pips. A little bit over a 1.5:1 risk/reward. Good luck trading. Entry: 1.1742 Stop: 1.1772 TP1: 1.1696 TP2: 1.1665

jjburrel

Bearish Bat just completed. Looking for a move up to 1.1292 before entering as my stop loss rules do not allow risk greater than 100 pips. This is on the Daily chart, so trade with caution and only if it meets your rules. Good luck. Entry: 1.1292 SL: 1.1392 TP1: 1.0905 TP2: 1.0705 (to get above the 1.07 even handle)

jjburrel

Currently at market on potential reversal with good R:R. As the chart shows, we have bullish divergence which meets my rules to get in on this trade. Stops are tight right below support area. Entry: 1.08 Stop: 1.0779 TP1: 1.0846 TP2: 1.0894

jjburrel

UNP is closing in on a retracement back into a short term structure level. Looking to get long. Tight stops here so trade with caution. Entry: 105.50 Stop: 104.75 TP: between 108.50 and 109

jjburrel Updated 

We are currently at market on a bearish bat pattern completion; however, my rules do not allow for a stop of greater than 100 pips. That said, if I can get a move up to 179.50, I will be looking to get short. Looking left we have structure. Stops will be placed right above this zone. Please remember that GBP/NZD has a huge ATR, so please trade with care. Also,...

jjburrel Updated 

Recently, we've had lower highs and lower lows after a huge rally. Currently, we have a bearish cypher at completion for a short term set-up. Price action could likely rally through the X point; however, I'll be looking to short the SPY for a short term trade. If we break above 2390, I will shift back to a bullish mindset. As always, follow your rules, and trade...

jjburrel Updated 

UNP broke it's upper trendline back in December. After several failed attempts to break back into it's channel, it saw bullish movement. We are now back down to this ascending trendline and price action is finding indecision. Also, we have retraced to .786. I'm eyeing a move back around 110. If price moves down to 102.50, I'll look to exit.

jjburrel Updated 

The market is coming to a bearish gartley completion which will complete around the top of what looks like a bearish flag pattern. Entry: 1.2565 Stop: 1.2636 TP!: 1.2492 TP2: 1.2447