jackmyattFX

jackmyattFX

GBPUSD long trade idea -Pound rallying at the moment across all pairs -GBPJPY Long trade which I posted 170 pips in profit -ABC-D in play 0.5 fib level held strong now holding about 0.382 -Market sentiment in my eyes is bullish -Price has been squeezing as we struggle for direction due to Brexit -Uncertainty can cause a lot of panic in the market -I have a...

jackmyattFX

AUDUSD Short idea -Aussie looking exhausted at the moment after a bull run -falled to break 0.7720 and then 0.7700 has held strong as significant resistance -Market sentiment is bearish for AUD right now -Break of our significant trendline to the downside...could see a retest so don't have your stoploss too tight. -Australian Dollar Falls as RBA Minutes See Lower...

jackmyattFX

USDCAD breakout play -Follow my last post I said to buy the 1hour break and close outside the consolidation area. -DXY bull run -Market sentiment bulls for USD -Support and psychological levels held strong: 1.3000 + 1.3100 -Significant trendline break and retest to the upside -Targets shown on chart -Be careful of these fib levels and rejection around these...

jackmyattFX

USDCAD Long or short?! -Simply buy or sell the break and close outside the blue box on the usdcad 1hour timeframe -1hour timeframe is the top right box -DXY has shown a bull run and holding support currently -USDCAD is holding support and broken+retested a significant trendline to the upside -pychological level 1.3080 -Market sentiment is currently relatively...

jackmyattFX

GBPJPY Long idea -Wait for 4h break and close above 142.722 to go long if your not already in -This is a significant wedge/triangle pattern breakout strategy -If you wanted to be really patient and certain wait for the daily break outside the triangle -Bullish breakout and ABCD pattern in motion. -Fib levels proving significant -Market sentiment at the moment is...

jackmyattFX

USDCAD 0.02% Long opportunity WAIT FOR BREAK AND CLOSE ABOVE 1.31461!!!!!!!!! Those who follow my Instagram will see my analysis for the initial breakout of the significant downtrend. Because of this I am Favouring Long trades. You will see on my Instagram that I made just over 200 pips just over £4k to me. Followed by a the counter trendline and retracement...

jackmyattFX

Display: FX:USDJPY 0.11% Description: As shown above we have FX:USDJPY 0.11% . This pair is currently bullish and its BOOMING! it isn't the easiest to trade at time because of the fast pace and can easily throw you off, however we have a CLEAR UPTREND and possible Continuation on our hands!! On the Monthly Chart we have a pretty Significant Doji On the...

jackmyattFX

Display: FX:AUDUSD 0.01% Description: As shown above we have FX:AUDUSD 0.01% . This pair currently bearish , Just as FX_IDC:XAUUSD this move was made quite obvious early November after giving us a strong Bearish Engulfing Candle on the Daily as shown at the top of the channel. We are trending nicely making LH & LL supported by current Trendline...

jackmyattFX

Description and Analyse from SFSFX Team MarlyForex and Jackmyattfx Display: FX_IDC:XAUUSD Description: As shown above we have FX_IDC:XAUUSD . This pair currently bearish , this move was made quite obvious early November after giving us a strong pinbar as shown at the top of the channel. We are trending nicely making LH & LL supported by...

jackmyattFX Updated 

GBPCHF Potential Short position here. -Bearish trend since the start of 2016 -ABCD extension in play -Watching for rejection around the 0.5/0.618 retracement area (DAILY) -Breakout of the triangle and currently retesting area -Daily significant support which is now resistance (the purple boxes) -I'm waiting for a breach of the trend line and minor support (purple...

jackmyattFX Updated 

AUDUSD Short Setup trade -MANY REASONS STARTING WITH MONTHLY TIMEFRAME 0.7740 MASSIVE RESISTANCE -0.7740 REJECTED MANY MANY TIMES HEAVY SELLING AREA -DAILY TRENDLINE BROKEN -TARGETS ARE FIB LEVELS -RISK REWARD GREAT -NO MORE THAN 2% RISK -BROKE AND CLOSED BELOW WEEKLY LEVEL OF SUPPORT NOW RESISTANCE 0.7560 -50 EMA BROKEN BEARISH ON ALL TIMEFRAMES -POTENTIAL HERE...

jackmyattFX Updated 

-Heavy selling pressure as you can see from my arrows -1370.00 proved to be really strong resistance -Downtrend starting to appear -Descending wedge -Break of significant trendline daily candle break and close -Multiple targets -Target 1 coincides with .0618 fib retracement -Be careful of this blue box area as this has the potential to hold as support -To be on...

jackmyattFX Updated 

-EURUSD HAS BEEN STUCK IN A RANGE FOR QUITE SOME TIME NOW. -YOU CAN SEE FROM MY ANALYSIS THAT 1.1500 HAS BEEN A MASSIVE AREA OF MONTHLY RESISTANCE -1.0500 HAS BEEN A MASSIVE AREA OF SUPPORT. -ITS IMPORTANT TO ME TO FIND THE "MONTHLY RANGE" AS YOU KNOW HOW TO DESCRIBE THE PAIR WERE YOU CAN SEE WHERE PRICE IS IN RELATION TO THE HIGHER AND LOWER PARTS OF THE RANGE....

jackmyattFX

SHORT TRADE ACTIVE -MANY CONFLUENCES -0.618 FIB -PRICE REJECTED BACK UNDER TRENDLINE -TARGETS SHOWN -ABCD -RECENT SUPPORT TURNS TO RESISTANCE (BLUE RECTANGLE)

jackmyattFX Updated 

SIMPLE SETUP -SHORT AUSSIE -MONTHLY RES PROVED STRONG 0.7740 -TL BREAK -WEEKLY SUP 0.7560 TARGET -BEEN WAITING PATIENTLY FOR THIS SHORT -HEAVY REJECTION AROUND THIS AREA -GOOD RISK REWARD

jackmyattFX Updated 

I HAVE PERSONALLY BEEN VERY BEARISH ON OIL FOR A LONG TIME NOW I TOOK A SMALL LONG AROUND B WHEN WE HAD 4 PLUS 4HOUR REJECTIONS BUT NOW LOOKING SHORT AGAIN HERE IS WHY: -ABCD IN PLAY HERE REJECTED FROM THE 0.618 MAJIC RETRACEMENT AREA 3 TIMES ON THE 4H -BREAK IN STRUCTURE TRENDLINE AS YOU CAN SEE -ITS A BEAR TREND ALREADY MAKING LH LL LH LL -I DONT USE THEM VERY...

jackmyattFX Updated 

KEEPING THIS ONE REALLY SIMPLE ON 4H -BREAK AND CLOSE ABOVE THE TRENDLINE ON 4H IS A LONG OPPORTUNITY -IF YOU WANT TO BE ABIT MORE PATIENT WAIT FOR BREAK AND CLOSE OF 118.00 THEN GO LONG -IF WE SEE REJECTION HERE WE WILL BE LOOKING FOR THE NEXT WAVE DOWN -THIS IS THE KEY AREA SO KEEP YOUR EYES ON IT AND DONT MISS THE ENTRY -POSSIBLY A MINI HEAD AND SHOULDERS...

jackmyattFX Updated 

CHART SPEAKS FOR ITSELF -BUY AND SELL ZONES ON THERE -AREAS OF SUPPORT SHOWN -BREAK OF THE 0.382 SUPPORT AGAIN COULD BE YOUR ENTRY SHORT -IF IT FINDS THE SUPPORT AROUND THIS AREA AS ITS CURRENTLY DOING A BREAK OF THE TRENDLINE COULD ME UPSIDE POTENTIAL AND ABCD EXTENSION. -I AM INFACT STILL SHORT MY TARGET IS 0.5 RETRACEMENT AS YOU CAN SEE FROM MY LAST GOLD ANALYSIS