About meThe ideas I publish are 100% of the trades I Do,the reason I publish my ideas to the public is for everyone can see them, and I can talk and exchange opinions with other people, and as a backup of every trade I have made. and to see my progress :D
GBPAUD of the main trend is moving in the channel. and currently the price is in the upper trendline, there is a big chance the price will go down after several times rejecting the upper trendline and the formation of the Ascending Broadening Wedge adding to the possibility for it to go down.
Maximum of 3 candles ahead the candle must have broken through the...
AUDCAD is moving in its major descending channel, before continuing its decline there must be a secondary movement before the price can continue its decline, in this idea we take a long position at 0.9256 which coincides with the Fibonacci ratio of 1.886 and the ABCD pattern (AB=CD or 1=2)
SL: 0.9207 (48 pips)
NZDCAD after a drastic decline through the base began to increase to form a secondary. the hope for a decline in NZDCAD is still very strong, in this trade we will sell on the grounds that NZDCAD retested its base for a deeper decline, U can wait for confirmation first to get sniper entries like false break, candlestick with shadow, etc.
Sell Limit: 1.07288
EURUSD from the major trend is bullish, after several rejections at the resistance become suppoprt (1.2181), I'm sure the EU tends to remain bullish, coupled with the mercury retrograde effect which is 70% making dxy bearish, from the major trend DXY is bearish and several times reject support and try to break the support and back to area 89
As confirmation we...
Tonight is the Full Moon Cycle, plus minus 1 day when a Full Moon Cycle occurs gold tends to reverse direction. but because yesterday gold was in consolidation causing aggressive gold movement, so gold came out of consolidation.
And by the next day the effects of the Mercury Retrograde Cycle began to be felt, the effect of retrograde mercury from 3 days...
GBPUSD seems to form a rissing wedge in which there is an abcde, it is also seen that GU has reset its resistance twice.
seen from the eliot wave, it seems that GU is already at the end of wave c.
Most likely for the next 2 days, GU will go down first then on Wednesday / Thursday the bulls will come back because of the mercury retrograde effect makes gold go up...
As we can see GBPJPY from the major trend is bullish, but there is a possibility of a reversal, after many rejection at 2.24 Fibonacci and breaking the minor trendline, and there is an EMA indication of a crossover.
we have to see the formation of lower low and lower high to make sure the price will go down.
SL : 154.753 (80 pips)
TP 1 : 153.144 (+1)
TP 2 :...
The characteristic of Eurusd is that it moves in an ascending and descending channel and really respects the trendline, it is very rare for a false break to occur to the trendline in Eurusd. You can see that the market has broken its trendline and the candle doesn't close below the trendline and makes a long tail
SL : 1.2170 (50 pips)
R : 2
The main trend of AUDCAD is bearish, after 3 rejection at 0.9357 the price didn't form a new HH, instead making a Hl, and forms a low parallel to the previous low.
Let's see if the H4 candle can break out and close below that line.
At the end of the day I believe AUDCAD will reach the strong support at 0.9256 to finish wave C and its abcd pattern
SL : 0.9409
UJ has a bullish trend, with a trendline that is highly respected by the market, several times the price has rejected at that line, after several rejection at 0.618 Fibonacci I estimate there is still a possibility for usdjpy to go up again.
SL: 108.738 (40 pips)
Gold is now in the major 0.618, where there is a lot of rejection on that line, you can see a candle forming a short body candlestick and followed by a bear candle that is quite long to form a shoting star candlestick pattern
SL: 1857.01 (75 pips)
TP 1: 1837.54 (+1.55)
TP 2: 1826.66 (+3)
TP 3: 1808.86 (+5.4)
Did you know that astrology and gold have a very big influence, for example in the mercury retrograde cycle 9 out of 10 when that cycle occurs gold will be bullish, and in another example, the full moon cycle and new moon cycle causes a reversal of direction in gold, and there are still many other cycles that are very influential in gold.
Astrology trading in...
As we can seen that there is a rejection at 1.618, to confirm the candle must close below rejection candle to make the higher high
SL : 90.260 (50 pips)
TP 1: 89.072 (+1.3)
TP 2: 88.433 (+2.6)
TP 3: 87.188 (+5.1)
CHFJPY current price is in the Fibonacci cluster (2.618, 1.618, 1.618) to see where to measure the Fibonacci look at the yellow dashed line.
now the price is also at support became resitance on march 2015
for confirmation we have to see rejection first in that area
There are many profit targets if TP1 breaks, it will most likely continue up to TP2, if TP 2 breaks...
* Disclaimer high risk and low risk reward *
As we can see gold has been broke the consolidation, if measured from x to x then we get 2,618 right at the previous resistance, after the retest we will go back to buy because the major trend is bullish
SL : 1823.913
TP : 1797.934 (+2)