GJ Falls From Supply, AN Heads South

GBPJPY is still in play and AUDNZD looks set to be too. These are the main pairs I’m interested in for this week so far.

AUDNZD – Short

Towards the beginning of the month we were watching for the engulf of a low to confirm a short and whilst we had the engulf, a short trade did not work out. Now price has been heading back, there may be another opportunity. With an engulf, I’ll look to short down through the profit zone.

2015-07-26 AN Short D1

GBPJPY – Short

Price produced some considerable moves away from the supply we’ve been looking at and there has already been an entry. How far it will fall remains to be seen so we’ll monitor as per the trade plan.

2015-07-26 GJ Short D1

 

Video

Detailed Analysis

Members can login to the forum for the detailed analysis which looks at the lower time frame levels we are watching to confirm entries. The detailed video analysis is here. We also analyse the markets for short term trades throughout the week. If you do not have access to this premium content then you can find out how to sign up here.

2 Comments

  1. Greg on July 30, 2015 at 07:44

    Thanks Joe. Looking forward to watching more of your commentaries and learning about SD. Cheers, Greg.

    • Joe Wright on August 2, 2015 at 19:15

      Glad you found it useful Greg

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