jonjaytx

jonjaytx Updated 

ENTRY: 142.007 SL: 142.521 TP:140.221 What's good everyone?! I had set this trade up for a sell stop yesterday. Sorry I couldn't post it sooner. Alright! This pair has been on an uptrend for the last few weeks. I drew a trend line and waited for a break. After price broke the trend, I waited for price to come out of the cloud. Other signals include: - Bearish...

jonjaytx

What's good everyone?! New week new charts! Need to review my trades from last week though. I was looking for the short initially on the 4H timeframe. Support and resistance levels are pink and are found on the Daily timeframe using the flat parts of the Kumo. There was a strong bearish transition from the daily resistance, TK Cross, and entry into the...

jonjaytx Updated 

ENTRY: 0.99417 SL: 0.99951 TP: 0.97200 Saw this setup and couldn't resist. Strong Kumo breakout, hard push off of .618 fib retracement, Dark Future, evening star, and a good R/R ratio. Since this trade was found on the Daily, it will take a while for it to come to fruition. Still think my sensei would be proud lol! Let's see what happens.

jonjaytx Updated 

ENTRY: 109.67 SL: 109.973 TP: 109.1 Entered this trade right at the bearish candle closing. Strong break out of the Kumo, price below Kijun, and previous bear fractal broken. This looks to be a promising trade. My initial TP is smaller than usual, but I'm going off of previous S/R levels. Let's see what happens!!!

jonjaytx Updated 

SELL IDEA ENTRY: 0.6710 SL: 0.6760 TP: 0.6570 Price has broken out of the cloud with a Dark Future. We also have bearish fractals pushing out passed the cloud. Kijun is above price, but pretty far away as well. I set my entry below the S/R level drawn in pink (daily timeframe). Signs are pointing towards bearish, but we'll have to wait and see.

jonjaytx Updated 

ENTRY: 0.71186 SL: 0.71486 TP: 0.70500 Looking for this pair to go short. My original entry was at the previous fractal candle. As price moved closer towards Kijun without breaking, and the Dark Future, these were signals for the bearish setup. I looked for my entry on the 4H, however, I set my SL based on the 1H. I didn't feel comfortable with my SL being so...

jonjaytx Updated 

ENTRY: 1.80488 STOP: 1.79675 TP: 1.81550 Looking for GBPAUD to go long. Price is currently above the cloud with signs of breaking a bull fractal, a Bright Future, and Kijun not too far away. I entered the the trade already because it broke the previous bull fractal. My stop loss is the Kumo cloud because it falls into my risk management. Let's see what happens!!!

jonjaytx Updated 

ENTRY: 0.9490 SL: 0.9530 TP: 0.9440 Possible short trade. Price technically closed outside the Kumo with a bearish Kumo twist. Although it does appear the market might be entering a ranging period, all we can do is wait and see. Bearish Kumo twist, price below Kijun, and previous fractal broken.

jonjaytx Updated 

Buy Stop - Entry: 108.650 - SL: 108.100 - TP: 109. 700 Looking at a possible setup to go long on UJ. On the 4H time frame, price has pulled above the cloud, the previous fractal level has been broken, and there is a bright future ahead for the pair. TK Crossover is imminent. Also, with price so close to Kijun, it's only a matter of time before the pair breaks...

jonjaytx Updated 

Looking to go Short on CADJPY. - Entry: 81.403 - SL: 81.938 - TP: 80.000 I entered the trade on the 4H time frame because I saw signs of a bearish continuation: - Bearish TK Crossover (Purple over Yellow) - Bearish Engulfing candle - Bearish candle closing and continuing passed Kijun - Chikou Span below price. My SL is derived from the 1H timeframe. You can see...