MyFxLife

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Joined
CandleReaders - /Trade. Get Paid. Repeat./
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 50% | 19 AUDUSD 13% | 5 USDJPY 10% | 4 USDCAD 7% | 3
MyFxLife MyFxLife EURUSD, 240, Short ,
EURUSD: EURUSD - Breakout
58 1 7
EURUSD, 240 Short
EURUSD - Breakout

- Breakout happened - Now I will wait for the pullback and go for short

MyFxLife MyFxLife EURUSD, D, Short ,
EURUSD: EURUSD - Simple and easy
82 2 5
EURUSD, D Short
EURUSD - Simple and easy

- Price about to break two resisitance lines on the same time - If break out happenes go short if you are an agressive trader - More convervative ones should wait for the possible pull back

MyFxLife MyFxLife EURUSD, 60, Short ,
EURUSD: EURUSD - Rising Wedge and BAT Pattern
94 1 6
EURUSD, 60 Short
EURUSD - Rising Wedge and BAT Pattern

-Rising Wedge and BAT Pattern end points are on the same area -Reversal expected -Important Economic Events: - FOMC Economic Projections (18:00 GMT) - Fed Interest Rate Decision (18:00 GMT)

MyFxLife MyFxLife EURUSD, 240, Short ,
EURUSD: EURUSD - Bearish BAT and Resistance Line
73 0 7
EURUSD, 240 Short
EURUSD - Bearish BAT and Resistance Line

- Strong previous support became resistance (green line) - Bearish BAT pattern forming - 0.886 CD leg retrace and resistance line will meet in yellow zone - Open sell inside the yellow zone (Area of action) - TP1 is 0.382 of AD and TP2 is 0.618 of AD - SL goes just above the 1.130 of XA

MyFxLife MyFxLife EURUSD, 240, Short ,
EURUSD: EURUSD - Resistance Areas
84 2 4
EURUSD, 240 Short
EURUSD - Resistance Areas

- Price approaching the area of a possible resistance between Fibo 0.382 and 0.618 of the last move - This area includes the 0.618 Fibo of last big move - If the price bounce back from this area the next strong support level can be between 1.18500 - 1.18300

MyFxLife MyFxLife EURUSD, 30, Short ,
EURUSD: EURUSD - After the Breakout
75 0 5
EURUSD, 30 Short
EURUSD - After the Breakout

- Breakout finally happened - Last swing Fibonacci extension 1.113 worked well and stopped the price falling down too much - Long term swing's Fibonacci 0.618 broken but from now can serve as a resistance area - Price may retest the 0.618 and than countinue its way down

MyFxLife MyFxLife EURUSD, 60,
EURUSD: EURUSD - Fibonacci levels
73 0 4
EURUSD, 60
EURUSD - Fibonacci levels

- Long and short term swing's Fibonacci on the same level - Price stuck between 0.382 and support line - Wait for a breakout

MyFxLife MyFxLife EURUSD, 60, Short ,
EURUSD: EURUSD - Possible Bearish Breakout
109 2 9
EURUSD, 60 Short
EURUSD - Possible Bearish Breakout

If the breakout happens price may bounce back from .618 fibo, than pull back and test the resistance line (previous support) before the bears take the power over finally.

MyFxLife MyFxLife EURUSD, 60,
EURUSD: EURUSD - Support and Fibo
91 0 7
EURUSD, 60
EURUSD - Support and Fibo

Support line and fibo .382 on the same level. This area can be a strong level, price could respect.

MyFxLife MyFxLife EURUSD, 60,
EURUSD: EURUSD - Support line
142 3 5
EURUSD, 60
EURUSD - Support line

Will the price respect the previous support line?

MyFxLife MyFxLife EURUSD, 240,
EURUSD: EURUSD - Double Top inside Triangle
148 0 5
EURUSD, 240
EURUSD - Double Top inside Triangle

Looking for a breakout

MyFxLife MyFxLife EURUSD, 60, Short ,
EURUSD: EURUSD - Bearish Bat Pattern
85 0 5
EURUSD, 60 Short
EURUSD - Bearish Bat Pattern

After price rallied to point D, a short position will be executed with stop of 1.130 XA. The first target comes in at .382% of CD, followed by target 2 at .618% of CD.

MyFxLife MyFxLife EURUSD, 60, Long ,
EURUSD: EURUSD - Double Triangle
127 0 5
EURUSD, 60 Long
EURUSD - Double Triangle

Watch out this two triangles. Trade the breakout upwards.

MyFxLife MyFxLife EURUSD, 60,
EURUSD: EURUSD - Triangle breakout
95 3 5
EURUSD, 60
EURUSD - Triangle breakout

Wait for breakout and retrace.

MyFxLife MyFxLife EURUSD, 60,
EURUSD: EURUSD - Support Area
62 4 3
EURUSD, 60
EURUSD - Support Area

Will the price respect this area and bounce back? A possible correction forming before breaking through the main support

MyFxLife MyFxLife EURUSD, D,
EURUSD: EURUSD - Bearish Pin Bar vs. Fibo and Support Line
95 1 6
EURUSD, D
EURUSD - Bearish Pin Bar vs. Fibo and Support Line

Will the Pin Bar be strong enough to break the next support at 1.18200 ?

MyFxLife MyFxLife EURJPY, 15, Short ,
EURJPY: EURJPY - Bearish Bat Pattern
41 3 6
EURJPY, 15 Short
EURJPY - Bearish Bat Pattern

Bearish bat on the way, lets see if its gonna hit point D.

MyFxLife MyFxLife USDJPY, 60, Long ,
USDJPY: USDJPY - Bat Pattern
52 0 4
USDJPY, 60 Long
USDJPY - Bat Pattern

Bullish Bat just completed

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