Marto_Jekko

Marto_Jekko

8.90 - 9.30 levels could soon be history for #PSLV

Marto_Jekko

If escapes the channel this will be vary good move.

Marto_Jekko

Friend of mine asked me for this stock. Looks like the price just finish retracting bouncing from the blue dashed line ( .5% fib level). This might result in another move down and if breaks the pennant it could extend to the fib extension of 14.95. Please use your own research and use SL and hedge.

Marto_Jekko

Looks like this pair forms another pennant which is finding support on 100ma. If breaks below we might observe 9.39xx levels aligning to 450ma and YPP. If breaks above will bring the price easily to 11.2x which is fib extension from the previous low of 9.30.(although the pennant breakout rule suggest that we should look for 10.95, extension from 9.30) Btw my...

Marto_Jekko

Looks like $USDPLN is forming flag on top of the mast which might result in another upward movement. If this happens the classical rule is that the flag is half way the mast and this means we might observe another similar extension to PLN4.60 for US$1. Important note is that if the sideways move continues it is most likely to result in downtrend. Please use...

Marto_Jekko

The chart speaks for itself. Please use SL or hedge your positions.

Marto_Jekko

Short on this pair with SL79.960 and TP 63.241. Use your own research and use SL or hedge.

Marto_Jekko Updated 

I opened long trade on $USDSEK with SL 9.85475 and TP 11.21512. Good luck and use SL or hedge your positions.

Marto_Jekko

$GBPCAD is trying to break 250 ma on weekly chart. The upside move could be very rapid. Will keep you posted.

Marto_Jekko Updated 

I am waiting to enter at 174.81 which is above 50 days moving average. Will update accordingly.

Marto_Jekko

I was doing my research on this pair, and noticed good match up with the Fib retracement. The start high price is 1.4885 which happened to be somewhere around 1976. The lowest price was 0.4829 somewhere in 2001. Between 2001 and 2014 USD was weak and retracted to 1.10xx area which align with 0.382 fib level. Since then we see continuation of the general...

Marto_Jekko Updated 

Opened long on $CHFJPY with TP 118.179 and SL 109.50. Please do your own research and use SL or hedge.

Marto_Jekko Updated 

Opened this trade for long term. TP is 0.49719 and SL is 0.67355 Please use your own research and use SL or hedge your positions.

Marto_Jekko Updated 

I shorted the WTI with TP:$5.58. SL is $30.98. Please do your own research and use SL or hedge.

Marto_Jekko

Funny thought is that EUR against CHF is probably is getting even further down. I am not going to open trade before bouncing back to 100MA but if you see the shaded area between 2003 and 2010 you will notice that it looks very similar to the current set up. The funny thing is the Fibo extension goes to 0.68 levels which technically will means almost 2.47 times...

Marto_Jekko

Just opened short position on EURJPY. SL is 122.220 and TP is 114.585. Please do your own research and use SL or hedge.

Marto_Jekko

Looks like EUR might experience another strong point besides my bias about it. Just notice how it reacted on 2008 crisis and you might find similarities now. This triple top could turn into very good trade, although, the SL is pretty far away for me. However, whit properly sized position I would enter somewhere around 1.78-1.79 area, SL 1.68 and TP 1.92 which is RR of 1.5

Marto_Jekko Updated 

I opened trade with TP: 123.349 and SL:117.548. SL is directly below the channel where the price is trying to penetrate(red lines) and TP is R3 from the YPP. Please consider your own research and use SL or hedge.