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- fareed51 replied Feb 26, 2020
I withdrew the original long ago and regularly withdraw profit. I hardly post anything to Forex factory and not here to prove something, go and checkout DavidT Pivot guy withdrawals. And You have NAVK among you guys. Watch his moves and profit he ...
- fareed51 replied Jun 14, 2019
My 2 cents: 1- When there are bad data for America, DXY (1st safe heaven) is bearish people panic and buy GOLD (2nd safe heaven). 2- When there are good data for America, EURUSD or USDJPY are sold. XAUUSD is over bought due to some disturbing data ...
- fareed51 replied Jun 14, 2019
Wonderful analysis bro.... this is what my own reading from DXY chart, XAUUSD, AUDUSD, EURUSD charts. DXY daily already Bull and going to be bull on weekly chart next week if BULLISH trend continues...... XAUUSD nailed its last bull move just now ...
- fareed51 replied Jun 13, 2019
DXY bearish signal finally END from Daily chart. DXY Bull signal arrow appeared on Daily Chart. DXY is bearish on weekly & mothly Chart. However, I will avoid Big lot size until weekly momentum change bull for DXY but for ...
- fareed51 replied Jun 10, 2019
DXY H4/weekly are Bearish. XAUSD, EURUSD, AUDUSD weekly charts are bullish. XAUUSD dropped in H1 and I bought few lots although I already have short positions in place. Just to play double sides. AUDUSD and EUDUSD both have given weekly BUY signals ...
- fareed51 replied Jun 7, 2019
Not possible... DXY is bearish Gold is the most dangerous pair when DXY is bearish. Investors, banks, everyone panic and buy Gold and sell DXY. From today on I'm buying XAUUSD, which is hedge against shorts ...
- fareed51 replied Jun 7, 2019
Yes I understand how you r going through :-) We usually share winning or closed positions but here you can see my negative holding positions for one pair only ...
- fareed51 replied Jun 6, 2019
There was no reason for Gold to extend that high except due to DXY is bearish and Technical traders Take profit for DXY long trades Plus Techincal traders opened SHORT positions. DXY daily chart shows many of short positions consolidated for TP and ...
- fareed51 replied Jun 4, 2019
I've been taking short trades for AUD. I did short last night . Today after rate cut 1.25, AUD up so I've taken one more short from top. I've also taken EURUSD short lastnight and today. Now I won't enter more ...
- fareed51 replied May 29, 2019
Very true Akim. Situation is scary for Technical SWING TRADERS, some scalpers are safe with QUICK in & out. DXY Daily entered bearish zone lately but Bull have taken over DXY once again. That worries me before going against DXY too. if Daily chart ...
- fareed51 replied May 27, 2019
Market fundamental central points are GBP (Brexit) and USD (trade war), but soon traders will turn their weapons against EURUSD (Eurozone defaults) and USDJPY (USD weak/strong). DXY Daily Chart swing + PA are bearish. but bull has entered and if DXY ...
- fareed51 replied May 2, 2019
Hey Daniel, Your case is a bit sensitive therefore I'm replying your post. (do not consider Forex as your first/only income, yes its my only income but after spending many many years yes you can). I can see two visual errors : No news setup Also ...
- fareed51 replied Apr 24, 2019
Testing/trading navk new method, GBPUSD pair in both directions. Many bad trades but don't need to take them down, just hold and wait for retrace to close in profit or keep close range of BE to get rid of them if necessary, using smallest lot size ...
- fareed51 replied Apr 24, 2019
GU won't stop New channel formed already Downtrend, this has to be broken for uptrend in daily chart. 1.29577 support became resistance so not many BUYERS for GBP at anytime soon. Hmmmm ...
- fareed51 replied Apr 24, 2019
XAUUSD Daily chart TREND line, some people don't believe in it but as per DAILY chart the TREND is SHORT... XAUUSD Weekly chart July 2018 Support 1160.35. Overall Monthly, Weekly, Daily trend is DOWN. H1 is for quick in & out UP trend / Down for 30 ...
- fareed51 replied Apr 24, 2019
because I m shorting in two different accounts (monthly chart and daily chart) ...
- fareed51 replied Apr 23, 2019
I'm sure some of us do believe in technical TREND LINES trading Or you can say Daily/Monthly Trend LINES. if you are non-believers then forgive me for my insight The DownTREND changed to uptrend around 4/12/2018, Couple of false ...
- fareed51 replied Apr 23, 2019
Ok ok its small lot size as per yours but opening multiple lots is always fun... I'm practicing my moves first. Chart looks busy... already closed many lots by pressing CLOSE all.
- fareed51 replied Apr 23, 2019
Navk, Just to share with you what I've been doing in the past.... I actually have combined AKIM's method + your old method for better entries. Indicators + TPL are attached. Your new method::: One pair GBPUSD H1/DAILY R&S. Trade in Tokyo Open, ...
- fareed51 replied Apr 19, 2019
Very True, When I do 1 minute to 5 minute scalping then I prefer to look at direction including trend/retrace price action, and select that pair to trade. For example: all GREEN means BULL setup, all RED means BEAR setup. So as per today's market ...