Usdjpy is out from bottom trend line in H1 Time Frame-Channel and holding and the price holding near support level at 113.475. If 113.47 level is breached then the next support will be at 113.039 Fed chair Yellen Testimony on economic growth and USD ...

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Doji formation at support 112.56. Taken a position at 112.62, TP 112.87, SL 112.473. Fundamentals seem's to be weak in dollars, but still willfully taking a position at support, hoping trump will take measures to strengthen dollars. image

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My weekly projection on UJ. Dollar holding 61.78% of previous swing 123.48 to 99.64. If 61.8 Fibonacci retracement level is breached, Dollar can find its next support at 111.56, image Last week US GDP disappointed dollars growth, but this week ...

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As expected usdjpy successfully reached 114.780 and my target achieved, my next resistance is at 155.588, image

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Yesterday, as projected UJ successfully out of two resistance level and a successful re-test of 113.522 and pull back, can take UJ to 114.780 image

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UJ is at support, If the bulls takes over jpy then it may follow the projected movement which is indicated in green in chart, and there are two resistance for UJ to break, 1st resistance at 112.99 and 2nd at 112.52, If UJ breaks the projected ...

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TP hit in gold but my projection on gold is still down, image

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I'm also considering that Donald trump inauguration ceremony, and eagerly waiting to see financial market behavior under trump rule. I have Taken sell position based on these two factors. Who else is trading in gold and what is your idea of trading.

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Gold is rising and shining whether the trend continues downside or break 38.2FR Level and change the direction will have to wait and watch, meanwhile, I prefer going short in gold with the stop loss at 1228, and all the way down below 1200. image

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The Mysterious legacy, Fibonacci sequence. Let's begin by understanding that psychology plays an important role while trading. The sequence 1,1,2,3,5,8,13,21… moves towards certain irrational ratio forming an endless unpredictable sequence of the ...

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EU should bounce back to 1.05829. If EU breaks below 1.05516 will be considered as trend reversal in 15M image EU TP achieved 1.058 image EU have support at 1.05117. Eur have good chance to pull back to 1.05310 image SL at 1.05051 SL hit ...

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SL HIT image

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My TP is at 1.06000 SL 1.05780

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Fibonacci Based analysis is always controversial since many centuries. Understanding how they are used and to what extent they can be trusted is important on individual trader basis.

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image

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Instead of picking up support & resistance level randomly, one can refer Fibonacci retracement levels. Fibonacci retracement horizontal line indicates areas of support or resistance. They are calculated by first locating the high and low on the ...

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I missed closing the profit twice while trading martingale in USDCHF because i cannot watch the price all the time, I need a tool or idea wherein if i mention the price all the open position should be closed at the given price

USDCHF is trading in range, will Martingale work?

I started trading martingale in USDCHF pair and glad about current profit, i started with 0.02 lot size at 0.98604 and at each 100pip difference, i increased 1000 units. and on 15-dec-2016 my 6th order that is 0.06 got triggered and 0.06 order ...

USDCHF is trading in range, will Martingale work?

Sure buddy,, Thanks you

High Probability Insight: Day-Trade Daily Momentum on M1/M5TF