Wissam.H

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Last visit Joined a year ago
Markets Allocation
88 % forex 13 % other
Top Mentioned Symbols
EURUSD 12% | 1 AUDUSD 12% | 1 NZDJPY 12% | 1 USDCAD 12% | 1
Wissam.H Wissam.H XAUUSD, D, 8 months ago
XAUUSD: GOLD - Consolidation on the daily chart - prime time to get in
24 0 0
XAUUSD, D
GOLD - Consolidation on the daily chart - prime time to get in
Opportunity presents itself for those who haven't gotten into gold, to enter. Gold is currently consolidating around the 1272 price range with an RSI hovering around the 50%-60% mark. Personally I am more inclined to think that gold will continue to rally, however this trade idea is to prepare you to take ...
Wissam.H Wissam.H EURUSD, 60, Long , 8 months ago
EURUSD: EUR/USD - Possible rally up to 1.147 price range
71 0 0
EURUSD, 60 Long
EUR/USD - Possible rally up to 1.147 price range
The pair seems to be gaining bullish momentum as RSI is showing some bullish divergence. Additionally, price action has broken above the bullish funnel and is currently around the 1.139 area. Note however that the pair has struggled breaking past this price area during 2015. Please trade with caution. Advised ...
Wissam.H Wissam.H NZDUSD, 240, Short , 8 months ago
NZDUSD: NZD/USD - Short opportunity presents itself
41 0 1
NZDUSD, 240 Short
NZD/USD - Short opportunity presents itself
An opportune time to short the Kiwi with the recent retracement that took place the last day. Heavy resistance around the 0.679 price range with a Fibo confluence to support this observation. RSI shows that general momentum is still on the bearish side. look to enter below the previous 4H low. Note however that ...
Wissam.H Wissam.H USDJPY, 240, Long , 8 months ago
USDJPY: USD/JPY - Uptrend continuation
106 0 3
USDJPY, 240 Long
USD/JPY - Uptrend continuation
Current uptrend has retraced back to the 23.6 fib level, giving us a good buy setup. Look for the price to continue moving up to the 1.25 fib extension of the current trend. Note that current price action is hovering around 108.7 levels which as indicated above, is a strong support level due to the fib ...
Wissam.H Wissam.H USDCHF, 240, Short , 8 months ago
USDCHF: USD/CHF - Sell opportunity on bearish channel
32 0 1
USDCHF, 240 Short
USD/CHF - Sell opportunity on bearish channel
Previous bearish channel seems to still be in effect. However, due to the recent hike, we now may possibly have a sell opportunity. Trade with caution, entry has been set at the previous session's lowest low in order to confirm the trend will reverse at the upper portion of the channel. As a form of confirmation, ...
Wissam.H Wissam.H AUDUSD, 240, Short , 8 months ago
AUDUSD: AUD/USD - Bearish trend still alive and well
32 0 4
AUDUSD, 240 Short
AUD/USD - Bearish trend still alive and well
Bearish sentiment is still strong, as the chart points to multiple signals indicating the trend is likely to continue. Bearish pennant along with a bearish divergence in the RSI point towards the continuation of this trend. It is advised to wait for confirmation before entering (ie. price action below the ...
Wissam.H Wissam.H NZDJPY, 240, Short , 8 months ago
NZDJPY: NZD/JPY Bearish trend still in play
21 0 3
NZDJPY, 240 Short
NZD/JPY Bearish trend still in play
Bearish trend still looks to continue as the market has not shown any significant signs this will slow dow - RSI shows momentum is still on the bearish side, with a slight bullish divergence. However, the magnitude is still not enough to say the trend is not continuing. - price action has not broken the bearish ...
Wissam.H Wissam.H USDCAD, 240, Long , 8 months ago
USDCAD: USD/CAD bullish trend continuation
41 0 2
USDCAD, 240 Long
USD/CAD bullish trend continuation
Bullish movement from 03/05/2016 seems to be continuing. RSI indicates that this is a bullish trend and has not yet seemed to fizzle out. This trend is expected to continue until the 1.25 extension of the previous movement.
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