jrfxtrader

jrfxtrader

SP500 as well NASDAQ is going through a climax phase which will end up with reversal. Prices sky rocketing with falling volume will fall down with decreasing interest. Some investors want to make sure it looks like a good investment now just to get more money into the market before they start withdrawing their investments. Daily charts showing multiple signs of...

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On M30 we can see rising channel which formed false beakout from D1/4H channel. But this channel has been also broken out of with higher volumes so this is a good short position to take on EURUSD. For more confirmation we can still wait for the descending channel trendline to be broken back into with high volume but this is good enough signal for me so finally...

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EURCAD which is currently in demand area from 01/2014, 07/2014, 06/2017, 09/2017 formed double bottom which shouldn't be left without notice. 1: First bottom 2: Newly formed peak 3: Second bottom touch 4: If this peak trendline is broken with high volume then take long position Entry above 1,47 if has high volume TP: 1,5 SL: 1,46

jrfxtrader

USDCAD is showing in M30 chart increased buy volumes opposite to decreasing short volumes. Its also at the bottom of the the triangle patterns from D1 and W1. Buy at market price 1.3215 and sell at 1.3340

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EURUSD should be shorted if we see some volume increase in the triangle formation after downside breakthrough on 30M chart. Downwards trendline is nicely seeable at 4H chart. Lets wait and see what will happen after the breakthrough. If volume increase after breakthrough then go short with: TP at: 1.0887, 1.0810 SL: at: 1.10373

jrfxtrader

If conditions on following idea/chart are met then this upper bound touch could reverse to nice short position:

jrfxtrader

At this price range and with the behavior being seen in XRPUSD i believe it will start picking up some momentum real soon. I guess it has been said many times but this is yet another view. - (0) 0.2 - 0.22 has been a demand area in 05/2017, 06/2017, 09/2017, 12/2017, 09/2018 - (1) Heavy demand seen at this point - (2) Quite a large volume which I can't see to...

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USDJPY is getting close to the JPY demand area and will go short either at the trendline or at the strong demand area around 108.8. Entering short now half of the volume with another pending order at 108.8

jrfxtrader

AUDUSD is getting close to some really old demand zones which were respected many times. 4H chart is showing somewhat increased volumes when buying AUD and quite a lot of RSI divergences. TP at: 0.7 area. SL at: 0.65 area

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USDCHF is getting ready yet for another parity level touch completing elliot oscilation pattern so this could be some "easy" 100pips .

jrfxtrader Updated 

JPY again near its demand zone its time to look for short setups I have opened mine at 113.36 seeing high volume USD dump 113,975 not followed by much of and buy back activity at lower lows. OANDA:USDJPY JPY was always more of risk trade to me since its more susceptible to global economy joys and pitfalls but this time of a year just before christmas holiday I...

jrfxtrader

After steep decline of AUD caused by US China trade wars...so they say ;-) AUD against CAD is once again in its comfortable place founding some support on levels around 0.96. I am going long on this one for some time since these emotional moves are quick and killing but that long lasting.

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Seeing EUR demand area from 2016 and many times before and after together with how Friday is riding the EU up its hard to ignore this one. Open on current levels and ride up to the 1.2 area.

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Hello. This one is bit out of my typical trading area but we go for shroterm term short on GU. Too many good signals are shining through from this one to just ignore it.

jrfxtrader Updated 

EUR/AUD 0.03% is moving in demand zone which on weekly chart nicely depicts the taste for the AUD which is now I believe in the right position to slowly build up your portfolio in EURAUD the favor of AUD.

jrfxtrader Updated 

Pair is currently in area of high demands from 2011, 2015, 2016 and with a good opportunity of yield carry trade if you would like to increase profits by overnigh swaps. NZDCHF is the pair with one of the highest swaps as you can see on ( www.myfxbook.com ). Please make sure you check your broker supports swaps on the provided link if you are looking just for carry trade.

jrfxtrader Updated 

EUR/AUD is moving in demand zone which on weekly chart nicely depicts the taste for the AUD which is now I believe in the right position to slowly build up your portfolio in the favor of AUD.