Jiraiya_eth

Jiraiya_eth Updated 

Good evening ladies & gents, Gold just displaced down nicely into my Buy Zone, triggering my pending Buy Limit. Risk on this position is 1%, looking to swing it back to the Monthly Highs with additional points to add on from next week ideally. Tomorrow is NFP, so be mindful that it can get pretty shakey. Let's see how tomorrow pans out and it'll determine the...

Jiraiya_eth Updated 

Good afternoon ladies & gents, USDCAD will most likely start it's Bearish Cycle today and NFP is likely to be the catalyst. After trading up into the Weekly Inflection point, we saw a sharp rejection to the downside. Price has presented us with D1 SMT Divergence allowing DXY to fill the imbalance above and USDCAD has filled the imbalance above whilst not making...

Jiraiya_eth Updated 

Good afternoon gents, Price has created a high probability Bearish Structure to sell off from. Looking to target the Day's Low, but I've got targets that extend beyond that point.... Let's see how it pans out. It's Monday & it's US Bank Holiday after all, I'd imagine a slower market. Nonetheless, it's pristine.

Jiraiya_eth Updated 

Good afternoon ladies & gents, Looking for an entry here today with the stop below those lows. Aiming for the Monthly Highs, this week should deliver to the upside quite nicely. Let's see what happens :)

Jiraiya_eth Updated 

Good morning ladies & gents, This is an area of inflection I've been eye'ing up since Saturday morning. An entry off the H4 Chart is available, although I'll personally be looking for a lower time frame entry as a way to mitigate risk & increase risk to reward ratio. After a significant retracement and multiple respect of the retail trendline, I'd imagine that...

Jiraiya_eth Updated 

Good afternoon ladies and gents, What a week it has been. Lots of beautiful setups all week on many dollar based pairs. Whilst all of that has been going on, I've been sniping entries on Gold in preparation for the reversal that will take place soon. The Monthly & Weekly Orderflow on this pair is Bullish. Despite the sharp drop after FOMC last week, the bias...

Jiraiya_eth Updated 

Good afternoon gents, With FOMC coming up at 7pm today BST, we can anticipate a huge injection of liquidity in the market place. At the end of the day, most news is just used as a facade to complete the market maker cycle, driving price to their next objectives. On days like this, the market looks relatively static without much movement taking place....but if...

Jiraiya_eth Updated 

Good morning ladies & gents, Great day to be engaging in CJ today. We have high impact CAD news @ 1:30pm and 11:30pm BST. This means what? It means that CAD will be an extremely volatile pair today and also the most highly manipulated one also. I'm interesting in taking this long, the first TP is where all retail sell's stop losses are placed. After breaking...

Jiraiya_eth Updated 

Good morning ladies & gents, Following on from my USDCHF idea last week that has destroyed TP 1, I'm now anticipating continuations long for another day. I'd anticipate a repricing on Tuesday/Wednesday downwards, but for now, DXY should be strong. In light of this, I've taken an entry here off the M30 +OB anticipating price to hit the high of the day then take...

Jiraiya_eth Updated 

Good afternoon ladies & gents, Crazy good day today. Opportunities every all day on all pairs. Here's a little freebie for you. USDCHF has stop hunted a significant daily low & previous H4 Low. After breaking market structure we have our lower timeframe entry confirmations to look for a long. The Monthly + Weekly indicate a rally in USDCHF. In light of...

Jiraiya_eth Updated 

Good afternoon ladies & gents, Opportunity to re-enter another long position on EURUSD following on from the previous trading idea. Objectives for this position have been outlined. I'll be taking a chunk of my profit @ 1.22000 and letting the rest run Good luck :)

Jiraiya_eth Updated 

Good morning ladies & gents, After a period of accumulation, it is highly likely that EURUSD will start a bullish cycle up, this analysis is supported by a multitude of reasons. 1) After a period of accumulation, it's often that we see an inducement out of one side. This is the "Manipulation" phase, whereby they move price to simultaneously neutralise buy-side...

Jiraiya_eth Updated 

Goood morning ladies & gents. After taking out an area of buy-side liquidity, EURUSD fell into a multi-day consolidative range - today it broke to the upside. Now, EURUSD remains bullish. I'm looking for a pullback to this area (1.22305) where I'll be looking to take a long position with my take profit at the monthly swing high. Commitment of Traders data...

Jiraiya_eth Updated 

Good afternoon ladies & gents, After spending 3 days in consolidation, accumulating and collecting orders. CJ is now ready to displace higher to take out the monthly equal highs where a large pool of liquidity lies around the 91.500-92.000 level. I'm looking for price to trade back down into the H1 Bullish Orderblock, where I'll be looking for a long. Initial...

Jiraiya_eth Updated 

Good afternoon ladies & gents, After reacting off our H1 Bullish Orderblock based on my previous idea, we are now seeing another entry with a super high risk to reward possible to stack on top of the first idea. I'm looking for a long position off the same H1 Bullish Orderblock overlayed with the M30 Bullish Orderblock. I anticipate price to clear the highs at...

Jiraiya_eth

Good morning ladies & gents, I believe USDCHF is ready for its bullish cycle going up, although there are many significant targets to the upside, I will trade this pair in chunks as its better for capital efficiency. After moving out of its low yesterday, USDCHF is sat in Level 1 Long. Price has traded down into the H1 Mitigation Block which overlays with the...

Jiraiya_eth Updated 

Good morning ladies & gents, On the D1, H4, H1, M15 chart, the orderflow is bearish. Coupled alongside the equal lows present at "Objective 1" and we've got a super high probability setup taking place. When price pulls back to this area, I'll be interested in looking for an opportunity short with a stop at the designated area. Should price trade through this,...

Jiraiya_eth Updated 

Goood morning ladies and gents, EURNZD is poised to see higher prices today. It will rally up to the area marked as the final TP over the next week. Why? Simple. There was a consolidation (range) condition prior to a break to the top side. This induced retailers to look for longs, anyone who went long would have their maximum stop below the low of the range....