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- forexjedi replied Nov 1, 2017
Heres my exact setup accurate to the time of this post. When the daily handle closes above the TL resistance it then becomes support and a can also also be used for entry from a bounce.
- forexjedi replied Oct 29, 2017
Technically this pair is in an uptrend on the daily and weekly charts on the short term. Last week the price broke the middle of what I believe to be a stable channel on the daily and bounced right of the very top like it should. On the weekly we ...
- forexjedi replied Sep 10, 2017
I plugged "S" into my backrest and got this for every major
- forexjedi replied Sep 7, 2017
Big move by the BOC ate up three days of downside range in the blink of an eye. If you were bullish you didn't even have time to react so if you lost money don't feel to bad. If you were short you were in the money. If you're still holding short and ...
- forexjedi replied Sep 6, 2017
One hour to go for the BOC to put it all on the table. Classic trap on the m15 with a small bullish move to grab some orders to possibly drag into the abyss. Im not saying the handle will make fresh lows, however the writings on the wall and ...
- forexjedi replied Sep 4, 2017
Its going to be an interesting week for this pair. Fridays low stopped dead on a support trend line that dates back to 2012 ref weekly. However it still broke major support on the nfp news. Canadas growth is solid and well just say that the US ...
- forexjedi replied Aug 31, 2017
I highly doubt theres enough power at this 1.24 support for another go at all that resistance on daily and weekly. Downward channel is forming refm15. Daily reversal and NFP due tmrw. If the news is below forecast I suspect a break down to 1.22 in ...
- forexjedi replied Aug 22, 2017
Pretty much a neutral close daily and still below last weeks low with a solid resistance TL refm15. On the other hand we have some solid support thats has built up. It could easily go back to now yesterdays low for a bounce higher but if that ...
- forexjedi replied Aug 21, 2017
Looks bearish to around 1.24. Im inclined to say that if it was gonna go up it would have done so already. However the handle is on top of strong support, but also below strong resistance on the 15min time frame ref TL resistance. Its going to take ...
- forexjedi replied Aug 17, 2017
This could be the pullback youre waiting for. Maybe first target at todays low. Second target at the daily lows of 1.255. Third target at the daily and weekly lows of 1.24 area.
- forexjedi replied Jan 17, 2016
I hope this helps. I dont have an open position as my TP was hit risk at one percent and reward at three percent. It was a flawless trade. Wait for the MA cross, wait for a for a solid movement, wait for the retracement then open the position on ...
- forexjedi replied Jan 17, 2016
Although this trade worked out its not an official signal. If you look at the yellow support trend line which would have been the lower support TL at the time and add the purple support lines I would have considered this a high risk trade. I didn't ...
- forexjedi replied Jan 16, 2016
GBP USD, Falls like a stone to the 1.4200 area on a solid signal.The price fails to break resistance at 1.4429 level then starts to slide down the upper resistance trend line then breaks and closes below the last support level before the 1.4200 ...
- forexjedi replied Jan 14, 2016
GBP USD, This pair is also giving me pips before close tmrw. Im thinking bearish but who knows. image
- forexjedi replied Jan 14, 2016
EUR USD, Got my eye on this chart. Im out for blood with this pair. One way or another its giving me pips before close tmrw. image
- forexjedi replied Jan 14, 2016
Indeed it was a eventually a loosing trade. I called it as risky before we started but even though it was risky all the logic was there for a good trade. Its failure to clear the resistance line then the volume of the london open drove the price ...
- forexjedi replied Jan 13, 2016
When the price hits the resistance line ill take partial profit and move my stop to BE. image
- forexjedi replied Jan 13, 2016
EUR USD, My stop has been moved back to its original position as the price has closed back above the resistance line. Im going to continue to hold this position because theres no reason why I shouldn't. The bears tried and failed. Maybe they'll try ...
- forexjedi replied Jan 13, 2016
EUR USD, The price is trying to break the support line as you can see from the chart below. Ive back my stop off slightly to allow for some volatile movement in case the price goes for the second support. All that matter right now is that the price ...
- forexjedi replied Jan 13, 2016
EUR USD, To spice things up ive taken a live position long at the close of the last candle with a goal of the upper TL. Risk is .10 percent and SL is at 1.08862. image