Posts by Joe Wright

GJ Falls From High

GJ has done it again with some major moves and this time I’m talking about a big short. Spotting turning points are key and if you look back at my last post you will see a weekly resistance level that I’ve had marked up for some time. I traded other levels in the meantime until…

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All Over GJ

If GJ moves, then I want a piece of the action. Over the past few months I’ve only been trading GJ. It kinda made sense for me. I love this pair and things usually work out great so decided to focus solely on this pair. GBPJPY I took a fair few trades in July and…

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GJ Is Making Moves

As always GJ has been making moves in the market and I’ve been able to catch a few of them. Here’s a few charts to show you my thought process.   GBPJPY Price broke daily demand and came back for a retest. The path below looked pretty clear so I was expecting a move to…

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Buying When The Market Crashes

We’ve all seen what’s been happening over the past weeks and months with the coronavirus which has rapidly spread across the world. The markets saw sharp declines across a range of assets. As always there is opportunity. First of all I hope you are safe and well during this challenging time which we are seeing…

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Pound Madness

The pound has offered some great moves over the past week and I’m going to share some of the analysis with you here. The levels will be different to what I have posted recently in that they are smaller timeframes. Mainly H1 and below. Price is fractal in nature as I have mentioned numerous times…

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Both Ways on NZDJPY

NZDJPY has had some great setups. Last week and mentioned one and this week I have more for you. NZDJPY In last weeks post I mentioned a short trade I took from supply and showed where price ended up which was at weekly support. As I continued to monitor price, a reversal looked likely so…

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Big Rally On The Pound

Last week saw a big rally on the pound and it was a move I’d been waiting on for a while. I’ve got the breakdown here as well some other trades I’ve been holding on to. GBPUSD GU has been in an uptrend for some time now and although we’ve seen periods of consolidating and…

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Weak Dollar

There has been a lot going on in the news recently with the US and what the president has been saying and doing. These things can have an impact on currency prices but what are the charts saying? The news can give insights but the charts are still the best. Here are some charts indicating…

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Aussie on The Rise

The Aussie has rallied from demand levels on the daily over the past few weeks and here’s some analysis on the moves. AJ After falling from daily supply, price hit daily demand and could not move lower. We saw a H4 reversal pattern start to emerge and so I just needed confirmation. And here was…

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AU Falls From Key Resistance

AU has been on the watch list for a while now after it hit a key level a few weeks ago. It recently made the move we were looking for so I’ve got the breakdown for you now. AU Price hit a resistance level on the weekly and had trouble break above daily supply. The…

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