JMT_Forex

JMT_Forex Updated 

Due to the channel not being respected, I am expecting a retrace up to 1.05657, then further down to around 1.05073 area. Afurther target could be 1.04620, depeinding on the momentum.

JMT_Forex

Basic head and shoulders formed.

JMT_Forex

If gold respects the downtrend channel, these could be potential POI's in my opinion, time will tell.

JMT_Forex

Had a really good entry with this pair today, risking 4% and getting a 30% account growth. Earlier We had a H&S on the 4 hour time frame which indicated a short term sell. However when looking at the bigger picture it is still climbing to the upside. If the pair respects this trend we may have a new trend channel as shown towards the upside. Time will tell, I...

JMT_Forex

We have seen this pair trending to the down side for a while, it has now hit a major support level @ .93759 If it wants to continue this trend we have a very good long opportunity, as I caught this pair in time I am now running risk free as my SL is at the support level which is also my break even. Will be interesting to see where this goes. Thoughts and ideas welcome

JMT_Forex Updated 

This pair has been trending down since march, I have entered short to hopefully ride the rest of the downtrend to the base support level. Thoughts and ideas welcome

JMT_Forex Updated 

Depending on how it handles the next few hours it looks like we will have a downtrend based on the previous months

JMT_Forex Updated 

Noticed a nice little pattern occurring over the last few weeks, I've entered long hoping to catch the big spike up when the markets open, ideas / comments welcome

JMT_Forex Updated 

I have entered short at 1709.72 twice. I will close one trade at TP1, move my stops to break even for trade 2 and allow to run risk free to TP2 and TP3

JMT_Forex Updated 

Earlier today we saw a MASSIVE breakout, demand seems to be drying out so I have entered short, stating my 3 TP levels, a big pull back may happen but I will be monitoring this closely over the next day or so. Thoughts / Comments / Feedback welcome

JMT_Forex

Depending on how it handles the 119's it could either breakout or short back, it has been rejected a few times but this is more of a long term trade for me. Personally I am short.

JMT_Forex Updated 

Looks to me like EURUSD will be on a big downtrend, it has peaked at 1.09940 (it has not been at this point since May 1st), I expect it to hit some resistance / rejection before coming down. Opinions on this would be appreciated as I am fairly new.

JMT_Forex Updated 

Idea of shorting EG based on the behaviour of the upcoming resistance, let me know what you think