Charts

GBPJPY

This was a trade I just closed out for + 50 pips. I took no where near what I should have out of it but considering I risked 15 pips to initiate the trade it wasnt bad risk to reward. I personally would have held at least part of the position but seeing as it was end of week/month/quarter I decided to close out any positions I had running.
What I really like about this setup is the amount of confluence meeting at one point. I actually didnt think I was going to trade yesterday but when I see this amount of confluence at 1 point how can I resist.
The other factor going with it is Im trading with the current momentum looking for a continuation.

Have a good weekend all!

Funny Stuff

This song is a classic! I cant believe the music video though. Had me nearly in tears!!!!

Charts

EURUSD

So Im kinda getting interested in trading EUR up to the 1.27 area. She is finding support around the 1.2450 zone as marked by the box. Lots of wick in that zone and Im sure pinbar traders will be going nuts.
1 reason Im a little cautious at the moment is all those wicks make it and easy zone to target before heading up if she is gonna head up at all. Please dont make any mistake theres nothing I want more that to sell the EUR down to parity (haha) but at the end of the day Im a techincal trader and thats how Im reading the charts but as marked on the charts if she breaks through my support zone I will be hunting shorts.

Welcome!

Hello and welcome to my blog. My name is Jay and I trade the FX market.
I plan on using this blog for something fun to do and post things Im currently looking at mainly in the market but hey if theres something funny or on my mind who knows.
Please be aware that if I post anything trading related it is not to be taken as a trade recommendation or any kind of advice. Im purely doing this for me and if you do enjoy or get something positive out of it thats great!