N2FX - 1/5/15 Minute Pattern Trades

I'm thinking if we see 1.6094ish again we will see a sustained fall.

I will watch your charts as the price moves through the sessions.

I do not trade London, so if it happens during that time, I will not be able to trade along side with your charts.

But if it happens when I am present, then we make many pips.

I am still thinking GU is weak, the 1.6111 was last resistance area, we have daily high at 1.6121 area, so it will give us entry when it forms.

Well bro that's it for me. Good trading to you . I'm gonna catch a couple hours sleep while I can then on to LO.

I should be up a little later during NY so will chat with you if there's a chance.

G'night

Okay, see you in NY session.

UJ support 15 min chart at 90.04, looking to short.

Okay, the 1.6111 was a key area, price on 15 min opened under that line.

Short 1.6110
Target will be evaluated, 1.6099 for now, but looking for a deeper move, will change it depending on PA.

Stop at 1.6122

Update: GU is really starting to irritate me, I will exit this if I see it wants to go up and take a small loss, then go to bed.

Trade exit -2 pips, will trade more tomorrow. good night

GU is the only pair that has a possible setup for a trade, price moved up for the daily range 166 pips. (Asia low to present)

Watching for a reversal pattern on the high test at 1.6259

GU 15 minute chart.

Update: 1.6239 breaks, looking for 1.6220 area test on a move down.
Entry 1 short (Entered) at 1.6240 on the anticipation of this move.
Entry 2 will be near a top test if price runs up first.
This is a Reversal strategy and not a scalp setup, stops above high area.
Target 1.6216 line on charts.

Update: I had a E2 waiting, missed on the spike up. I remain short 1 position still.

I had a limit UJ Long at 90.31
Target 90.51

GU E2 entry 1.6260 short
Target 1.6240 for the E1 Entry

N2FX. I am currently "eye balling" a potential Long EUR/USD trade. Looking at the 15min chart price broke a resistance ceiling at 1.4160. Price is currently pulling back as we may have some profit taking. I am thinking of entering a small position once the trending bullish momentum continues and set a modest target at 1.4187.

What are your thoughts on this pair?

Thanks

Jeremy

Sorry was just relaxing and visiting with my family.

The EU breakout over the 1.4160 area was a great long setup, let me know if you took that with profits.

I closed my UJ with +20 pips on that LONG, my GU was near my exit, but missed, I will keep the GU Shorts for now, this is a reversal setup, so it may take more time to turn downwards.

Give us a picture of your EU charts you were looking at, thanks.

One of my first AJ trades in a week.

Short at 82.16
Target +10 pips
Stop above high 82.20

The high was tested after I shorted, which is normal in most cases, I closed out with +10 pips after the reversal came into play.

Awesome, that was exactly how I was looking at that break north on EU, thanks for the chart, much appreciated.

The GU rose a little higher then I wanted to see, and I was in 2 entries, once price stalled and I seen a better opportunity, I took my 3rd and final entry near the 2nd entry.

I exited before my original target at 1.6240.

Here are the results of that trade.

E1 -6 pips
E2 +17 pips
E3 +8 pips

Total GU profits +19 pips

UJ +20 pips (Long)
AJ +10 pips (Short)
GU -6 pips (Short)
GU+17 pips (Short)
GU+8 pips (Short)

Total +49 pips

EU is back at that breakout line now, very tempted to go LONG, will watch for Asia Low test first I think at 1.4146 level, if it can drop 10 more pips here.

I am watching for Long setup on AJ also, with the 5 minute candles showing a stall pattern forming on this move down.

Break the 1.4154 target 1.4161 stop below 1.4150 - will be a 5 pip scalp.

Waiting for entry now.

If it does not form, I will evaluate next entry.

Update, That was funny, I was posting this and looked WOW, it dropped, so now is even better to watch for trades. I like movement.

This was quite a nice bearish move. It looks like the USD and the JPY are strengthening across the board. So much for risk appetite

Interesting to see how this plays out......

One thing is for sure, I am watching 6 pairs, and I don't know which one I want to trade, lol.

I may do some reversal setups and continuations on separate pairs, just watching for first signs of going in, and I will attack and make a few pips here.

I will not post my entries here until I complete these moves, there is too much to trade to focus on posting.

EU looking ready to take some long pips, not sure yet on other pairs, all bullish across the board.

Will try to give some ideas, trade at own risk -

Trade 1 LONG EU 1.4125 +11 pips.

Looking for more on other pairs