MaGedEssam

Message Follow Following Unfollow
Joined Cairo, Egypt
Simplicity is the ultimate sophistication.
Markets Allocation
50 % stocks 25 % forex 25 % other
Top Mentioned Symbols
HCP 25% | 1 EURGBP 25% | 1 XAUUSD 25% | 1 EGPT 25% | 1
MaGedEssam MaGedEssam EURGBP, 240, Short ,
EURGBP: EURGBP.. Short
84 0 1
EURGBP, 240 Short
EURGBP.. Short

The violent thrust rebound from 0.7900 to test the broken trendline suggests that it was just a retracement and the downward move is not over yet. A confirmation for that scenario is the out of proportion move in RSI. The retracement rally pushed the RSI to its previous top.

MaGedEssam MaGedEssam XAUUSD, W,
XAUUSD: Gold.. Bullish or Bearish?
239 0 1
XAUUSD, W
Gold.. Bullish or Bearish?

Support level 1240.00 is the key answer for this question. The price structure forms a triangle that can be both continuation and reversal pattern, depending on the which side it will breakout form. However, the price action within the triangle itself may indicate the direction of the breakout. Bullish, if it managed to rebound off support level 1240.00 and ...

MaGedEssam MaGedEssam HCP, W, Long ,
HCP: HCP Testing its neckline
43 0 0
HCP, W Long
HCP Testing its neckline

HCP is forming a clear Head-and-Shoulders pattern. It is still not completed as the stock is testing the neckline at 43.00, but odds favor breaking that line to successfully complete that pattern and target 50.00. What gives more weight to this scenario is RSI structure. RSI moved in the blue rectangle during the pattern formation and it managed to break it in ...

MaGedEssam MaGedEssam EGPT, W, Long ,
EGPT: Egypt Index ETF recovers to challenge its all time high.
92 0 2
EGPT, W Long
Egypt Index ETF recovers to challenge its all time high.

Egypt Index ETF Market Vectors (EGPT) weekly chart suggests a very bullish scenario for the market. Let's take a walk along its history first to draw a vivid picture of its future. The index declined sharply after its inception due to political turmoil in Egypt, moving from approximately 90.00 to 37.00. Then a rebound to 64.00 followed by another decline to ...

Last visit Maldives
3383
317
25643
Message Follow Following Unfollow
Last visit
9202
3043
81160
Message Follow Following Unfollow
Last visit
2488
349
11264
Message Follow Following Unfollow
4
0
20
Message Follow Following Unfollow
Last visit
0
1
0
Message Follow Following Unfollow
Last visit
5
0
25
Message Follow Following Unfollow
Last visit
4
1
25
Message Follow Following Unfollow
Last visit
1
0
5
Message Follow Following Unfollow
Last visit United States
214
46
700
Message Follow Following Unfollow
Last visit USA
4638
9702
21999
Message Follow Following Unfollow
Last visit
2137
5920
12468
Message Follow Following Unfollow
Last visit Jordan
16782
793
71012
Message Follow Following Unfollow
Last visit United Kingdom
96
138
1427
Message Follow Following Unfollow
EGPT
VANECK VECTORS EGYPT INDEX ETF
Follow Following Unfollow
Market
Interval
Browse
Time
Type
Browse
Time
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out