Jon_Jones_Junior

Jon_Jones_Junior

Hey everyone. Welcome back to another forecast, this time on GBPJPY. This will be for the future outlook of GJ and where it can possibly head to. BOE hiked rates by 50 bps in its previous monetary meeting and market has priced in a 25bps rate hike in today's monetary policy meeting of March. However, the story of the hawk does not end here as its latest CPI y/y...

Jon_Jones_Junior Updated 

Hi everyone, back with a pre CPI forecast. Today's CPI release will be wild and will be the determining factor to solidify the general direction and bias on the USD. There has been very bearish sentiments on the USD since last Friday after NFP's release. Fundamental context 1. Employments was good, well above the forecasted or what the market has been pricing...

Jon_Jones_Junior

Welcome back guys. In today's analysis, I will be talking about GOLD and the future where price can be headed towards. GOLD has fell a whopping 485 pips since the start of the week. Fundamental backdrop 1. GOLD's strong bearish pressure was credited to Fed Powell's speech that "Fed is prepared to speed up rate rises if warranted by data releases". 2....

Jon_Jones_Junior Updated 

Hi everyone, CY back with another forecast. Let's prepare for a heavy and potentially volatile week ahead! Today's forecast will be for the upcoming week and the general direction where price can potentially head too with EURUSD. Let me begin.. Fundamental context 1. Next week will be an important week for the USD and there will be the NFP data release ...

Jon_Jones_Junior Updated 

Hi everyone! Back again with another trade idea and set up on the EURUSD using smart-money concepts (SMC). Fundamental backdrop 1. Sentiments in the market has been very data driven. 2. Monday's durable goods order m/m printed -4.5% mainly due to Boeing, the aviation company. 3. Resulted in heavy bearish market sentiments on the USD as it was completely...

Jon_Jones_Junior Updated 

Hi everyone! As you all should know by now, I mainly use smart-money concepts to enter into my trades. Today I will be talking about the concept of liquidity and how to capitalise on it. Looking at the graph, there are 4 main types of liquidity that I use and as stated in the chart, I will normally look for entries off the liquidity grab zones or liquidity...

Jon_Jones_Junior

Hi everyone! Chern Yu back here again with another GOLD forecast/trade idea. This is based on smart money concepts and structure which forms the basis of technical analysis in FX. As you can see from the chart above, I have marked out the multiple break of structures present, signifying lower highs and lower lows being formed. Do take note that this week is...

Jon_Jones_Junior

Hi everyone, welcome back to another week's trade idea. Today's trade idea will be on EURUSD and it will only be valid if price comes up to clear the daily high. Rationale being is that there is alot of liquidity building at the top which I myself am not comfortable taking. Hence, I will play the conservative route and wait for price to sweep buyside liquidity...

Jon_Jones_Junior Updated 

Hi guys, we are back on the charts again! Today I will be talking about GOLD and upon the recent fundamental backdrop that has taken place. Fundamental context 1. US data has came out very resilient and strong 2. Last month labour market and NFP data proves to be extremely resilient 3. CPI came out hot, signifying inflation has a longer runway for it to cool...

Jon_Jones_Junior Updated 

Hi everyone! My name is Chern Yu and I have lined up a potential short forecast on GOLD and anticipate bearish continuations. Trade Idea 1. Given the consolidatory nature of price over the last few days, I believe that the bearish price action will soon overtake the bull and price can continue bearish 2. Price have already broken structure to the downside as...

Jon_Jones_Junior Updated 

Hi Everyone, my name is Chern Yu and I utilise smart money concepts. Trade Idea 1. Looking for an intraday short position into EURUSD to test the lows 2. Lower highs and lower lows has been forming 3. Anticipating a new lower low to potentially form 4. Bearish trend is confirmed 5. Bearish continuations is anticipated 6. Price already broken structure to the...

Jon_Jones_Junior

Trade Idea 1. Currently on EURUSD, there is a lot of sell side liquidity present as I have marked out via the blue zone 2. Price just broke the weekly low and created a lower low 3. Price is in a bearish trend forming lower lows and lower highs 4. I believe price can potentially come down to clear the sell side liquidity 5. Especially this week with FOMC and NFP...

Jon_Jones_Junior Updated 

Hi everyone, today I will be talking about a possible EURUSD short trade using Smart Money Concepts. Trade idea 1. Price has swept buy side liquidity above on the weekly 2. Price then had a strong bearish reaction which broke sub-structure 3. Price is currently on a retracement 4. Lower blue zone has been marked out as a potential point of interest to look for...

Jon_Jones_Junior

Hi everyone, today I will be talking about a possible EURUSD long trade using Smart Money Concepts. Trade idea 1. Price has broken structure to the upside on the larger timeframe 2. I believe price is still bullish 3. Price is currently in a retracement 4. have marked out the blue zone as an area that price could potentially tap into where I will be looking...

Jon_Jones_Junior

Hi everyone, today I will be talking about a possible EURUSD short to long trade using Smart Money Concepts. Trade idea 1. Price is currently consolidating and ranging 2. At the highest blue zone, I have marked the FVG (fair value gap) that price can potentially tap into 3. Given the bullish momentum, I believe price can come up to that area before heading back...

Jon_Jones_Junior

Hi everyone, today I will be talking about a possible EURUSD short trade using Smart Money Concepts for this week. Trade idea 1. Price rejected off the previous weekly high, which followed by very strong bearish momentum 2. We can see that there is equal lows and sell side liquidity below at ~1.0801 where price could be targeted at 3. Fair value gap marked by...

Jon_Jones_Junior

Hi everyone, today I will be talking about a possible EURUSD long trade using Smart Money Concepts for this week. Trade Idea: 1. Price continues to form higher highs and higher lows as seen by the break of structure (BOS) 2. Multiple liquidity has been taken followed by structural breaks to the upside 3. However, as of current price action, bullish momentum is...

Jon_Jones_Junior

Hi guys, Chern Yu here back again for a new year! Took a 2 weeks break from the last week of dec and I am back again to smash the markets. I will be talking about some fundamentals revolving around bitcoin and the crypto market in general. 2022 recap: 1. BITCOIN has fallen a grand total of ~67% for the entirety of 2022. 2. Luna's parabolic crash along with...