image I am purely a currency trader now. I focus my time on trading forex. In beginning, like most other retail traders, i started with stocks. Stocks and currencies are 2 different things, both exhibiting very different behaviors. In the stock ...

Live trades - by Forex Mind Games

image I have taken a look at AUDUSD today. The support/resistance is clearly defined on the 4hr chart. As i mentioned before, bank traders do their buying and selling at support/resistance zones. This is their trail they leave behind. Much like ...

AUD/USD

Traders, do note the pivotal price levels that i have circled in orange. These are well-respected support/resistance zones. Bank traders, ie those with the money to move the markets, often trade alongside support/resistance levels. As the bank ...

EURUSD

This is what i am looking at for week 2. NZDUSD Long at 2 positions. Either @ 0.8150-70 or @ 0.85050-70 image

NZD/USD

Channel & Elliott — For this post, i am going to ask you to guess the timeframe for these 2 charts. The time and price has been removed from the charts. This post is to show the fractal geometric nature of the markets. Chart patterns that ...

Live trades - by Forex Mind Games

Channel & Elliott — For this post, i am going to ask you to guess the timeframe for these 2 charts. The time and price has been removed from the charts. This post is to show the fractal geometric nature of the markets. Chart patterns that ...

EURUSD

I am leaning towards buying dips too for this week. In anticipation of the upside breakout above the triangle. As long as double top does not form, that will be my plan.

EURUSD

The bull is resting. Spain's bailout request should provide the fuel for the bull to continue running.

EURUSD

Eurusd price action preview — EURUSD is currently resisted by another super long term trendline on the daily. Point 3 of the falling channel was touched last week. image Will EURUSD break above this down trendline? To answer that, lets take ...

Live trades - by Forex Mind Games

Eurusd price action preview — EURUSD is currently resisted by another super long term trendline on the daily. Point 3 of the falling channel was touched last week. image Will EURUSD break above this down trendline? To answer that, lets take ...

EURUSD

If forex is an ocean, then we are the shrimps and seahorses. We follow the whales, sharks, mantra rays whenever they go. Where they go, they leave their footprints. The charts are the evidence of their footprints.

AUD/USD

Seems like it too. When prices reach a certain price, it tends to produce strong demand or supply from the market. Either from banks buying/selling on behalf of their customers, large corporations repartriation or hedge fund speculating.

AUD/USD

Hidden in plain sight — image We have eyes yet we do not see. When our eyes are opened, we saw what was always right there in front of us. It is "hidden in plain sight." I have talking about 88.6% for the whole of this week. Once i know the ...

Level up to trade forex successfully

Hidden in plain sight — image We have eyes yet we do not see. When our eyes are opened, we saw what was always right there in front of us. It is "hidden in plain sight." I have talking about 88.6% for the whole of this week. Once i know the ...

AUD/USD

FIBO TIME — image I have been turning my attention to FIBO recently. So i went searching for all things FIBO related to trading. Here is a short summary of FIBO summation series. Start with 1, then add the previous number together to form ...

Live trades - by Forex Mind Games

FIBO TIME — image I have been turning my attention to FIBO recently. So i went searching for all things FIBO related to trading. Here is a short summary of FIBO summation series. Start with 1, then add the previous number together to form ...

EURUSD

I ain't from the US. From where i come from, the price of gas at the gas station remains the same whether oil is $50 or $130. Its a cartel over here.

USD/CAD

88.6% is calculated as follows. Take the golden ratio 0.618, and square root it twice. See the link below for a clearer explanation. I am in with a long position around 1.6000-10. Lets see how it goes. url

Cable Update (GBPUSD)

Opps. Typo. SL is 1.5950.

Cable Update (GBPUSD)

88.6% FIBO — I have been posting recently on the 88.6% fibonacci retracement level. It is a less common number than the widely used retracement levels of 38.2%, 50.0% and 61.8%. Nonetheless, this 88.6% holds a better risk/reward ratio. For ...

Live trades - by Forex Mind Games