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Joined United Kingdom
Markets Allocation
75 % forex 25 % indices
Top Mentioned Symbols
GBPJPY 25% | 1 EURJPY 25% | 1 EURGBP 25% | 1 NASX 25% | 1
SamuelKayy SamuelKayy NASX, M, Short ,
NASX: Market turning point
23 0 1
NASX, M Short
Market turning point

Currently long on this stock however, I have remained somewhat skeptical about this position. Using the RSI tool as an indicator, you will see breaks in the previous market turning points where shown on the RSI before they occurred. The image is quite self explanatory if you are willing to study it. I do not use the RSI indicator as an oversold or overbought ...

SamuelKayy SamuelKayy EURJPY, 240, Short ,
EURJPY: EURJPY Bounces off Strong! Resistance Level
34 0 1
EURJPY, 240 Short
EURJPY Bounces off Strong! Resistance Level

The pair broke above resistance levels and found consolidation at a major resistance level around the 136 price and has bounced off both the trend line and resistance level. Negative divergence also formed on the RSI, which has already broken out of the trend. And indecision candles formed around 135.45 price. A break below the 133.45 level creates a good shorting ...

SamuelKayy SamuelKayy GBPJPY, 240, Short ,
GBPJPY: GBPJPY Breaks A Five Year Support Level
31 0 1
GBPJPY, 240 Short
GBPJPY Breaks A Five Year Support Level

An arguable double top has formed at the yellow line, which also indicates a 618 Fibonacci retracement level failed four times, showing strong supply or resistance. Targets 1 at 178.550, target 2 at 177.580, and target 3 at 176.800. Also waiting for a break of the RSI trend line to indicate the direction of sentiment.

SamuelKayy SamuelKayy EURGBP, 240, Short ,
EURGBP: EURGBP Forms a double-top at 618 level
19 0 1
EURGBP, 240 Short
EURGBP Forms a double-top at 618 level

Today the Euro strengthened against the Pound after forming a bullish Morning Star candlestick pattern, which has now been followed by a double-top at the 618 Fibonacci retracement level, this level could also be considered as a resistance level. This indicates a continuation of the Euro trend to the downside. The RSI (Relative Strength Index) has also created ...

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