Praz

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Last visit Joined 2 years ago
Markets Allocation
91 % forex 9 % other
Top Mentioned Symbols
EURUSD 45% | 5 GBPUSD 27% | 3 XAUUSD 9% | 1 EURCAD 9% | 1
Praz Praz GBPUSD, 15, Short , 5 months ago
GBPUSD: Short GU Now!
86 1 4
GBPUSD, 15 Short
Short GU Now!
Short it now, limited risk with huge potential of profit
Praz Praz XAUUSD, D, Short , 5 months ago
XAUUSD: XAUUSD Short
62 0 2
XAUUSD, D Short
XAUUSD Short
Gold Short with price recently testing the 61.8 Fib and failed. There is a big support too at 1263, and MACD showing bearish trend.
Praz Praz EURUSD, D, Short , 6 months ago
EURUSD: EU Short
68 0 1
EURUSD, D Short
EU Short
Lower TF shows MACD divergences. Within the daily timeframe, EU seems to be testing the previous neckline which coincides with the 23.6% fib retracement. The short seems pretty convincing with resistance around 1.121-1.122. Just make sure that you have a tight SL with TP around 1.100. Let me know what you think.
Praz Praz GBPUSD, D, Short , 7 months ago
GBPUSD: Short GU
92 0 2
GBPUSD, D Short
Short GU
Short GU while waiting for it to break out from this wedge.
Praz Praz EURCAD, 60, Short , a year ago
EURCAD: Shorting the Double-Top Structure
26 0 0
EURCAD, 60 Short
Shorting the Double-Top Structure
This is a short-medium term trade plan. The structure of the doubletop is very nice, with the recent rejection shown by the candle wicks of H1 in EUR/CAD. Trading is all about money management and I found the risk:reward ratio that beautifully fits my risk profile. Stop loss is based on the supply area of the next ...
Praz Praz EURUSD, D, Short , a year ago
EURUSD: EU Short after the rejection of 150 EMA and Wedge Channel
75 0 5
EURUSD, D Short
EU Short after the rejection of 150 EMA and Wedge Channel
I am heavily short on the EU for two reasons, first the rejection of 150 EMA and this wedge channel. My target also aligns with the Fibonacci retracement. Furthermore, I believe the dollar had a nice pullback and this is a great opportunity to ride the wave up before the myesterious FED rate hike decision next ...
Praz Praz USDJPY, D, a year ago
USDJPY: USD/JPY Awesome Ranging Opportunity
41 0 1
USDJPY, D
USD/JPY Awesome Ranging Opportunity
UJ is consolidating around 121.5-125 price range that traders can capitalize on this consolidation. Buy low, sell high and grab free pips!!
Praz Praz EURUSD, D, a year ago
EURUSD: 2 Scenario for the upcoming weeks
104 1 3
EURUSD, D
2 Scenario for the upcoming weeks
I see 2 distinct scenarios in EU that I will be able to capitalize/benefit in the next few weeks. Right now, EU is forming a double top and it might be testing the neckline, in which if it breaks, selling EU will be my choice. However, if it bounces back, then it might form a triple top in which I can sell it at a ...
Praz Praz EURUSD, 60, a year ago
EURUSD: EURUSD Scalping/Intraday Opportunity
48 0 0
EURUSD, 60
EURUSD Scalping/Intraday Opportunity
EU forming a symmetrical triangle that can be utilized to scalp 40-50 pips per trade. I would long at 1.1310-1.1320 (TP at 1.1380-1.1390) I would also sell at 1.1380-1.1390 (TP at 1.1320-1.1330) This is a beautiful setup to benefit from the formation of a symmetrical triangle, with limited risk due to further ...
Praz Praz EURUSD, D, Short , a year ago
EURUSD: Possible Double Top on EUR/USD w/ PitchFork
97 0 2
EURUSD, D Short
Possible Double Top on EUR/USD w/ PitchFork
I personally am going to speculate on the formation of double top. I believe that along with the pressure of Grexit, there will be constant pressure on EUR/USD. Furthermore, the resistance at around 1.14-1.15 is a 5 month long resistance, and I don't think EUR/USD can break that resistance yet based on last week ...
Praz Praz GBPUSD, 240, a year ago
GBPUSD: Short Retracement Opportunity (Include Medium Term Plan)
68 1 0
GBPUSD, 240
Short Retracement Opportunity (Include Medium Term Plan)
See chart below
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