jasperlawler

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Joined jasperlawler
Markets Allocation
50 % forex 25 % indices 25 % other
Top Mentioned Symbols
GBPUSD 50% | 2 DAX 25% | 1 XAUUSD 25% | 1
jasperlawler jasperlawler DAX, 240, Short ,
DAX: DAX setting up for break of key 12600 level
7 0 0
DAX, 240 Short
DAX setting up for break of key 12600 level

Main bearish outlook-- Another break of the long term rising trendline is bearish Shallow rebound from 12610 low on June 19 has ended- setting up re-test and likely break of 12600 Next key support could be 12400 Bullish alternative 12600 level holds, maintaining trading range enrivonment (level is significant because it was resistance after the February sell-off ...

jasperlawler jasperlawler GBPUSD, 240, Short ,
GBPUSD: Brexit Vote to determine if GBPUSD downtrend resumes
30 0 0
GBPUSD, 240 Short
Brexit Vote to determine if GBPUSD downtrend resumes

The break below previous support at 1.32 amid a strong downtrend signals lower prices Two possible scenarios after today's vote in UK parliament over Brexit A) former support at 1.32 is resistance and downtrend resumes toward 1.305 B) price closes back above 1.32 signalling a rangebound market and an eventual re-test of 1.347

jasperlawler jasperlawler XAUUSD, 1W, Short ,
XAUUSD: Bearish outside week ominous for GOLD - 1290/92 resistance
48 0 1
XAUUSD, 1W Short
Bearish outside week ominous for GOLD - 1290/92 resistance

Main bearish argument The bearish engulfing candlestick which engulfs the prior 3 weeks means lower prices to come Entry? Any rebound could be capped at $1290-92, previous support and 50% Fib of cent leg lower Alternative bullish argument A rising trend line connecting the July 17 and Dec 17 lows could be support for a longer term uptrend

jasperlawler jasperlawler GBPUSD, 1D, Short ,
GBPUSD: Weakness in GBPUSD expected approaching 1.35
51 0 3
GBPUSD, 1D Short
Weakness in GBPUSD expected approaching 1.35

Sterling is retracing its daily downtrend, might expect short term 4hr uptrend to end near old support-turned resistance

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