Jonathon_b

Jonathon_b Updated 

Higher time frames are showing weakness in the pair giving us confidence to take a 2:1 targeting the recent lows with our stop loss nice and safe above the R1 Pivot. If price breaks through the recent low aggressively I will hold the trade until we see bullish price action coming into play.

Jonathon_b Updated 

TP: 1.3772

Jonathon_b Updated 

Yesterdays long position I posted hit TP during the Asian session. Going into the London Session we have seen a pull back to resistance now turn support 1.25406 - we are now seeing a rejection off this level which is also todays R1 Pivot giving us more confidence that this pair is heading for 1.262764 as mentioned in my last post. If price continues to show...

Jonathon_b

FX:AUDUSD In my last post about the Aussie, I made the call that we were reaching for 0.63400 2 days later and TP was hit giving us 180 pips. If you look closely in my last Aussie post you will see I have a pink line at 0.64638 which is my overall target for Aussie until I will expect this pair to turn around - however if price does break this level and then...

Jonathon_b Updated 

The Aussie has created a new Higher Low on the Daily time frame giving me confidence that we could see this pair rally. I am now waiting on price to retrace back down to 0.61570 which we could see happening going into the Asian session - once I see price action reject 0.61570 I will be targeting 0.63400 1h resistance.

Jonathon_b Updated 

FX:GBPUSD Once I take profit I will be focusing on whether we can reach for during this trading week 1.262764

Jonathon_b Updated 

The US is really seeing a hard time as they now expect storms. America becomes the first country to see more the 20,000 deaths with the death toll at the time of writing at 22,106. Going into the US Session we could see the a repeat of the rally we saw in the London Session - reaching for todays high. I am now waiting for more price action in the red...

Jonathon_b

FX:GBPCHF Waiting for a rejection off 1.20510 where we could then see a run during the week up to 1.21675

Jonathon_b

As mentioned in my last post we were expecting to see bulls come into play during the NewYork session and essentially reaching TP. Going into London close we are starting to see consolidation on 15m just after that break of the r-1 which could be a sign that were losing momentum and giving us a pull back down to 0.603819.

Jonathon_b Updated 

Expecting some rejection at 0.60380, we could see some strength however during the NewYork Session to break through it reaching for R1 pivot - I will be taking profit just below at 0.60453.

Jonathon_b Updated 

I have been waiting for price to break 1.26869 as mentioned in my last post and GU has done finally done so with a retest confirming the bears. I look to TP at around 1.2653.

Jonathon_b Updated 

For over a month bears have been in control of Gold market, is the bulls going to gain back control? We are currently trading in a descending triangle on the daily timeframe and now approaching the ascending trend line, with support below at 1262.5. Lets see if bulls start to shows signs of strength around this area, for now bears stay in control of this market.

Jonathon_b Updated 

Bulls had their turn in the market coming off weekly support at 1.09359. The market is now coming up to Hourly resistance at 1.10382 the market could reject this price however for a better risk to reward I will be waiting to see if we get rejection off the Daily resistance zone 1.10518 - 1.10657 . If price does respect this level we could see a massive...

Jonathon_b Updated 

The last post I posted about EURUSD I explained I was waiting for price to come up to my Daily Resistance to take a short. We did sharply rally through this level however it was followed by a sharp decline back down below that daily resistance. I am currently in a short at 1.10394 and I will be looking at taking some of my position off at support level 1.09753...

Jonathon_b Updated 

EURUSD Bulls have established their position after rallying down to 1.08930. Now waiting for price to retrace down to 1.09926- 1.09838

Jonathon_b Updated 

NZDUSD has been hugging the 50ema on the 4h but now we have got that clean break with a bullish trend line break. 1H chart we can see that break of that bullish trend line - we are now going into the Asian session and we have our pull back up to 4h ressistance coinciding with todays Pivot.

Jonathon_b

USDCAD bulls have shown strength - during the London open we saw a bullish run and now during the US session we are now seeing a retracement. I am now looking for price to reject 1.3303 - 1.3302 - I will then be waiting for price action to give me an entry.

Jonathon_b

EURJPY rejected the 121.000 level and we are still going. Currently am waiting for a retracement up to 120.592 where I will then look at price action for an entry.