JLJ002500

JLJ002500 Updated 

There is significant resistance, thus this is a cautious buy. Hourly chart shows USDJPY consolidating. Expect trend continuation. I may be getting in early. 4Hr: D: W:

JLJ002500 Updated 

Trading with momentum. There are upcoming resistance. D:

JLJ002500 Updated 

No active trades going. The short set up never materialized due to unfavorable R/R. Looking for more confirmation of a long entry with 3:1 R/R. Key resistance levels: 1.0834 & 1.0805 The first needs to hold with strong reversal. If the second is approached, trend continuation is invalid. 1W:

JLJ002500 Updated 

Risk/Reward profile seems better going long, however, expecting pull back. This is a short-term trade using 1hr charts. Short entry set up potential, but waiting for confirmation of a pull back AND a trade set up that favors a 3:1 reward/risk profile. Trade is contrarian to current sentiment (73% Short). TREND ANALYSIS: 1W - Uptrend 1D - Uptrend, but...

JLJ002500 Updated 

Entered the trade yesterday. Trade still active. It reached my initial TP level. I've adjusted my SL and, at least for the moment, will let it ride with momentum. Trading with the HH/HL on D chart. 1D: 1W:

JLJ002500 Updated 

IWM drop to start the week makes presents a buy write opportunity. - Options expire in 4 days. 7/23 $210C @ $4.96 credit - IWM @ $212.57 - Net purchase = $207.61 per share If IWM closes above $210 = $239 in 4 days If IWM closes below $210, my effective purchase price is $207.61. I would continue to sell Calls to collect premium. IWM price is at support. ...

JLJ002500 Updated 

Down trend since January highs after 1st qtr company report. Overall price has dropped over 45%. Potential consolidation with trend reversal. This stock has been on my radar the last 2-3 weeks as I have been evaluating and looking for signs of a reversal before going long. Ratings/analysis are mixed for this stock. I believe there is substantial uncertainty...

JLJ002500

Trading a retracement at a double top. Short @ 1.1357; SL = 1.13645; TP1 = 1.1325 (but considering moving to 1.1332); TP2 = 1.1309 1H: D

JLJ002500 Updated 

EC in channel. It has already bounced off of upper trend line, but price is currently at a support area and may retest. I'm already in the trade. Short @ 1.1644; SL = 1.1389, TP = 1.132 (or bullish price action ~1.133) Since I am fully in, I wouldn't entertain adding to my position at a price less than 1.1375. For someone not currently in the trade, an...

JLJ002500 Updated 

Entered trade yesterday. May have set my TP a little too aggressive (in hindsight). Expectation was continuation of move up. UJ is somewhat extended, so it could also experience further pull back. That is the reason my SL is tight. I locked in profits on 1/2 of my position to guarantee this is a winning trade even if my SL is triggered. I'll leave the...

JLJ002500 Updated 

Double top (best viewed from W chart). GA has been in consolidation area since last week. Initially, the plan was to enter short trade at top of consolidation range, but GA has broken the support of the range. I entered short after support break. Short @ 1.856; SL = 1.865; TP = 1.834 I'm keeping this as a smaller trade due to lack of strong price action,...

JLJ002500 Updated 

My limited order was triggered. Long @ .85540; SL .85074 (original); TP .8682 (TP1; just reached). Just closed 1/2 position. Gains locked in. Adjusted SL to .8559 1H: D: W:

JLJ002500 Updated 

Entered trade last week with a smaller position. At trade entry, I also entered two Sell Limits (@ 14.26 & 14.175) to enter at a better price by taking advantage of possible volatility, but they weren't triggered and have been deleted. Currently, SL @ 14.383 & TP @ 13.4050 This trade is based purely on technical factors. If news or fundamental dynamic...

JLJ002500

This is a trade continuation from 8/2. 8/2 Initial trade: Sold 8/17 $55 Call @ 1.94 Sold 8/17 $50/45 Put Spread @ .56 Total Credit 2.50 (Net 243.50 per contract) 8/9 Rolled Put spread to September: Rolled 8/17 $50/45 Put spread to 9/21 $50/45 Put Spread for no cost 8/17 $55 Call expired OTM 9/18 Rolled Put Spread to October: Rolled...

JLJ002500 Updated 

This is early. UZ consolidating. At resistance point. A buy entry could develop. If it does, it will have an excellent Risk/Reward ratio. M: Last completed candle is bull bar with bearish wick. New higher high compared to 11/2017. Not actionable trade information. W: Last completed candle is strong bearish. Bull trend still intact, a;though...

JLJ002500 Updated 

I"m long after support retest held. Can see the bullish price action off of support. Price is currently at resistance level and needs to push through. I'm long at 1.16262; SL @ 1.15900 (but may tighten it); TP1 @ 1.16900, TP2 @ 1.17100. I watching price action around 1.16690 area and would consider taking some profits at that point. The TP2 is just below...

JLJ002500

Sold Oct 19 $28/$33 Debit Call Spread for $1.75 premium.

JLJ002500 Updated 

I've not been posting as many of my trades recently. I've adjusted my position in this trade since opening it last Thursday to manage risk, limited loss, and allow flexibility to increase position size if the opportunity presents itself. I've kept my SL the same as when I originally opened it. When I opened the original position, I liked going short NZDUSD, but...