KingJensenFX

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Joined KingJensenFX
Markets Allocation
40 % forex 40 % stocks 20 % indices
Top Mentioned Symbols
EURUSD 40% | 2 BLT 20% | 1 DXY 20% | 1 TLW 20% | 1
KingJensenFX KingJensenFX EURUSD, 15, Short ,
EURUSD: Fridays EURUSD Short (News Fade)
35 1 3
EURUSD, 15 Short
Fridays EURUSD Short (News Fade)

Short i opened friday afternoon. hoping for it to reach target in the coming week. Stop at the highs, take profit at the lows. A trade just shy of 2R.

KingJensenFX KingJensenFX EURUSD, D, Short ,
EURUSD: Short Fiber
45 0 3
EURUSD, D Short
Short Fiber

Contradicting my DXY idea from yesterday; Bearish channel in fiber looks to be heading for the 1.08s. Although, i would exercise caution when shorting due to a recent bounce off of the 50% fib level. A bullish reversal would correlate with my DXY lower prices theory. However, i believe higher $ and lower Fiber is more likely than lower $ and higher fiber.

KingJensenFX KingJensenFX TLW, W, Long ,
TLW: Tullow Oil Long
23 1 2
TLW, W Long
Tullow Oil Long

Not much in this analysis. Recent bullish trend in Tullow Oil has retraced to the 50% fib and made a fairly significant move away. Could be a decent trade as this level seems to be springboarding price to the highs around the 260-290 area. may be worth dropping down to a lower time frame to hunt entries

KingJensenFX KingJensenFX DXY, D,
DXY: DXY - Lower prices possible
25 0 3
DXY, D
DXY - Lower prices possible

Price could be about to break down. Highs were taken into the the 79% fib level. following that price fell finding support at the 50% fib level. However DXY's recent bullish trend market structure was broken as it formed a lower low. i will be watching this carefully over the coming days. expecting price to return to find support somewhere in the 93.00s and ...

KingJensenFX KingJensenFX BLT, 240, Long ,
BLT: BHP Long
17 0 3
BLT, 240 Long
BHP Long

Seeing that BHP is at a strong resistance level, I expect a small retracement before price reaches for highs between 1100 -1200.

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