JD_FX

JD_FX Updated 

After a few days of buying the price is showing uncertainty with a few dojis showing on the 4Hr chart. 1Hr Stochastic is signalling an overbought market and the MACD line is crossing the signal line as well as the Histogram showing a downwards reversal. Main to watch out for is the ECB Rates tomorrow and the Bank of Canada's rate decision today at 15:00

JD_FX Updated 

As fear of a No-Deal Brexit looms, the £ is taking a sliding hit with the FTSE following. I have placed this trade this afternoon with the opening of the US to see if they follow suit of the European session this morning. I suspect with Borish Johnson's bullish and pragmatic approach to Brexit the market will fear the chances of No Deal being even more...

JD_FX Updated 

MACD Line crossing the signal line. Histogram indicating a potential reversal

JD_FX Updated 

Overbought conditions for the dollar The overall market trend is downwards, however the price is currently crossing the 200 SMA 8 & 5 SMA just about to cross signaling a sell-off MACD histogram is going light green suggesting the market may be turning short4HR chart confirms the market is bearish and the MACD is showing signs of uncertainty

JD_FX Updated 

MACD line just about to cross the signal line indicating a potential buy. MACD Histogram has turned a lighter red, indicating withdrawal from the market. Candles indicating revers, with a DOJI and a bullish candle at 6am. Stochastic Oscillator entering bullish momentum. Price currently sitting on 200 Day SMA potentially indicating a reversal to the buy-side 5Day &...

JD_FX Updated 

MACD crossing the signal line MACD histogram signalling a bear market 5 day SMA & 8 day SMA crossed on the 15:00 candle Price trading under 200 day SMA indicating a bear market 4hr stochastics oscillator lines just crossed showing a reversal in momentum

JD_FX Updated 

MACD line crossing the signal line MACD histogram showing volume short Stochastic oscillator lines crossing and pointing downwards Set TP at resistance around the 0.91080 4Hr Stochastic oscillator showing signs of a potential continuation of the down trend

JD_FX Updated 

MACD line is crossing the signal line. 5 day & 8 day SMA's are crossing just before the move indicating a potential downturn Stochastic K% &D% diving into the momentum zone MACD histogram showing momentum to the downside Set up 2X TP

JD_FX Updated 

Shorting the reversal which took me out this morning through a Stop Loss Hunt

JD_FX Updated 

I think I have been hit by another Stop Loss Hunt... I have re-entered the trade by cost-averaging a Long position at 125.622 I think I am learning here that the parameters for my SL & TP might be too tight - If I had placed the SL a few pips further below I would not have been stopped out. ORRR I have just got all of this totally wrong and the trade is going to...

JD_FX Updated 

Placing a long trade here for the day, will close before 22:00 BST today to avoid slippage on the weekend. NFP results are today so trying to stay clear of USD Not many technicals really line up on the 1HR for a long or short, however, the candles indicate uncertainty and the price history indicated it may long within the support/resistance. 4HR indicate the...

JD_FX Updated 

With all of the fairly positive news out of Europe regarding the economic recovery making relative progress. The EUR/JPY chart is suggesting a potential reversal back to the last 2-week up-trend. ECB are also trying to stoke the market with the worry over the falling price, which I think should help drive a reversal. - Stochastic Oscillator is indicating an...

JD_FX Updated 

Potential small retracement on the downtrend for the Euro. European Retail Sales are released in 3 hours time which might have a bearing on the price action but the £ is fairly weak this morning so hopefully the trade will go in my favour.

JD_FX Updated 

Is it time for this upside to reverse? I have placed a short on the dollar with quite a tight top loss in case I have read the reversal wrong. 1hr MACD histogram is showing a reverse in trend to the short side 1hr & 4hr Stochastic MAs have crossed and are starting to enter momentum territory

JD_FX Updated 

Testing out following the DXY day chart

JD_FX Updated 

Looks like the price may be reversing after a sell-off Stochastic oscillator is suggesting the market is oversold MACD & signal line crossing to indicating a price reversal Histogram on MACD is showing buying volume coming into the market Price is currently sat a support line 4hour chart indicated the same as the above

JD_FX Updated 

Technical indicators suggesting a continuation of the pul-back,

JD_FX Updated 

It's a bank holiday in the UK so I am expecting quiet play today Top-down analysis on the 1Day, 4hour and 1hour chart indicate the market is overbought £ looks like its at a high and could do with a retracement Stochastic and MACD all aline to indicate a reversal Price has crossed the moving average in the centre of the Bollinger bands