NWJ

PRO
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Joined
Refuse to lose
Markets Allocation
82 % forex 3 % cryptocurrency 15 % other
Top Mentioned Symbols
EURUSD 8% | 5 USDJPY 8% | 5 XAUUSD 6% | 4 NZDUSD 6% | 4
NWJ NWJ PRO BTCUSD, 60, Short ,
BTCUSD: Bitcoin SELL
118 0 2
BTCUSD, 60 Short
Bitcoin SELL

Perfect sell setup forming. If it breaks the trend line, I will be looking for a short term sell. Nice & easy. Good luck :)

NWJ NWJ PRO USDJPY, 60, Short ,
USDJPY: USDJPY SHORT
55 0 3
USDJPY, 60 Short
USDJPY SHORT

Price very over bought & near to a down trend line that's held as support. I will be looking for a momentum candle down to enter. Pretty straight forward setup. If price continues to the upside then void this trade... Momentum is what we want - down she goes. Good luck :)

NWJ NWJ PRO EURCAD, 60, Short ,
EURCAD: EURCAD SHORT 2618 TRADE?
27 0 0
EURCAD, 60 Short
EURCAD SHORT 2618 TRADE?

We have seen a nice double top form, price dropped, then pulled back to a 618 Fib level, this could be the perfect setup for a 2618 trade. Momentum down would confirm the entry then if we break the neckline, I will be looking at targets of -27 & -618, possibly ride it down further if the wave is strong. Indicators support this move on the 1hr time frame. Good ...

NWJ NWJ PRO NZDJPY, 60, Long ,
NZDJPY: NZDJPY LONG
25 0 0
NZDJPY, 60 Long
NZDJPY LONG

I will be looking to get involved in a long trade on this pair. Indicators are supporting a move up on the higher time frame. I can see a possible short term move down first before the break of the pattern to the upside. As always, look for a momentum candle up to confirm your entry. I will also be looking for price to break out of the current descending ...

NWJ NWJ PRO XAUUSD, 60, Long ,
XAUUSD: XAUUSD LONG
31 0 1
XAUUSD, 60 Long
XAUUSD LONG

Price broken through a resistance level, now pulled back to retest the line, so old resistance turns support? If we get a nice momentum candle to the upside then it will be a good reason to enter. If the new support doesn't hold, then I will be looking for a break & retest followed by new momentum candle down before going short. Good luck :)

NWJ NWJ PRO EURUSD, 60,
EURUSD: EURUSD OUTLOOK
50 0 2
EURUSD, 60
EURUSD OUTLOOK

Here's my updated outlook on this pair for the week. If price decides to turn around & head up, then I will be looking for price to target as near to the purple line as possible before taking a short trade. I am bias short for this pair so will only trade the momentum down. Saying that, if I see strong momentum candles upwards & a change in structure, then I will ...

NWJ NWJ PRO GBPJPY, 60, Short ,
GBPJPY: GBPJPY SHORT
73 0 4
GBPJPY, 60 Short
GBPJPY SHORT

Currently re-testing the old support, now possibly the new resistance level. I am looking for a nice momentum down to enter for a short trade. I have drawn blue arrows as to how I predict this will go. If it continues up & breaks the resistance levels, wait for a retest to create a new support before entering long. Always remember - Momentum , momentum, momentum & ...

NWJ NWJ PRO NZDJPY, 60, Long ,
NZDJPY: NZDJPY LONG
38 0 2
NZDJPY, 60 Long
NZDJPY LONG

This pair been dropping nicely & formed kind of a big falling wedge pattern. Once we get a breakout I would expect this pair to rocket up. Watching it closely & hopefully get a nice trade to the upside. Good luck :)

NWJ NWJ PRO USDCAD, 60, Short ,
USDCAD: USDCAD SHORT
63 1 2
USDCAD, 60 Short
USDCAD SHORT

Price has touched the 50 Fib level which is the start of the sell Zone. Now i'm looking for good momentum to continue to the downside. I'm already involved in this but if you're not, look for a bearish flag pattern, this WILL happen eventually if it continues down. Indicators support the move down. Stops to break even once in good profit. Good luck :)

NWJ NWJ PRO EURUSD, 240,
EURUSD: EURUSD OUTLOOK
71 0 4
EURUSD, 240
EURUSD OUTLOOK

Just a quick look on what I'm expecting from this pair. After a big impulsive move up, it wouldn't surprise me if it dropped down towards the trend line before another move upwards. Arrows drawn up in blue so you get the picture. This pair is not on my list to trade at the moment, but will keep an eye on it & update if I see anything worth considering. Good luck :)

NWJ NWJ PRO GBPNZD, 240, Short ,
GBPNZD: GBPNZD SHORT
33 0 4
GBPNZD, 240 Short
GBPNZD SHORT

I'm seeing an Expanded Flat pattern so am looking to trade the next wave down. Going perfect so far so will see how it works out. Indicators support the move down too.. Good luck :)

NWJ NWJ PRO EURCAD, 60, Short ,
EURCAD: EURCAD SHORT
26 0 4
EURCAD, 60 Short
EURCAD SHORT

Ending Diagonal pattern & was already bearish on this pair, so a perfect opportunity to get involved. I will wait for momentum to kick in & break the pattern to the downside then enter. This pair is very over bought on both the 1 & 4 hr time frames which supports this trade. I also have the current price in a sell zone between the Fib 50/618 on the 1 hr chart ...

NWJ NWJ PRO NZDUSD, 60, Long ,
NZDUSD: NZDUSD LONG
33 0 3
NZDUSD, 60 Long
NZDUSD LONG

Looking for that momentum candle to the upside now. Im predicting a move up towards the trend line before a nice move back to the downside. I will update this chart as & when I can. Indicators supporting the move up for now, if we don't get a sharp impulsive move up, then I will put my stop loss to break even as soon as I can. Good luck. :)

NWJ NWJ PRO EURAUD, 60, Short ,
EURAUD: EURAUD SHORT
30 0 4
EURAUD, 60 Short
EURAUD SHORT

I'm expecting this pair to drop soon. Currently done a slight retrace to the 618 on the 1hr chart & it is also in a nice fib zone from the higher time frame. We might see one more slight push up before a drop , either way, wait for a nice momentum candle down before entering. Once it breaks the trend line then this would also be a good place to enter. Indicators ...

NWJ NWJ PRO BTCUSD, 240,
BTCUSD: BTCUSD
112 0 4
BTCUSD, 240
BTCUSD

Never traded Bitcoin before but been tracking it & price is currently at a very interesting area. If I was to take a guess then I would say it's going to climb back up - BUT - if that's what were all expecting it wouldn't surprise me if it started to climb first - but then quickly turn around & break the trend line & continue dropping South - stopping out many ...

NWJ NWJ PRO GBPJPY, 60, Short ,
GBPJPY: GBPJPY SHORT
70 0 3
GBPJPY, 60 Short
GBPJPY SHORT

Perfect setup has formed. All I am looking for now is that momentum candle down & I will be entering. Fib zone looking good & indicators supporting the move. As always, if price continues up, then I will void this trade & look for a plan B. Good luck :)

NWJ NWJ PRO EURGBP, 60,
EURGBP: EURGBP LONG or SHORT
39 0 3
EURGBP, 60
EURGBP LONG or SHORT

Price at a very interesting level. This can obviously go one of two ways. I am predicting a bounce back to the upside as there is a strong reversal zone drawn up from the fib. To enter for a short term Long trade, look for a momentum candle, if price heads North then bring stop loss to break even quite early as my long term bias for this pair is short. Will be ...

NWJ NWJ PRO GBPCHF, 240, Short ,
GBPCHF: GBPCHF SHORT
60 0 4
GBPCHF, 240 Short
GBPCHF SHORT

Straight forward trade. Bearish flag formed & price currently over bought & high on the flag pattern, so a great opportunity to enter early. I'm looking for price to break out of the flag & continue to the downside. If & once price is at the lower level of the flag, I will put Stop Loss to break even & hopefully price continues down. Good luck :)

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