YaseenG.Housari

YaseenG.Housari Updated 

Sub Forex Brothas let's kickstarting this week’s with this hot EU chart! -As you can see on 4-hours chart the price in a falling channel from 2 months, we dig out some pips from it last month==> check it out in related idea, so after 1.1700 major level breaks below I was waiting a chance to short and I guess now we have one! -RSI is chillin’ like a villain on...

YaseenG.Housari

P.S: while all of these may not fit into your own trading plan, some of there rules could help individuals decrease drawdowns. -Make limiting your drawdowns in capital your number one priority, not your profits. it's much easier to be profitable when you don't lose a lot of money. -Never lose more than 2% of your total trading capital on any single trade. -Do not...

YaseenG.Housari

-If you could remember in the first week of this month I published an idea describing au is about to hike in many ways, now we have that moment again as the pair is retesting the major level again ! -Now we nearly have same scenario with RSI almost in oversold area. -Buying at current levels could still get you a pretty sweet deal especially if you aim for the...

YaseenG.Housari Updated 

-Sup, bros ! I’m kickstarting this week’s with GBP/JPY if you remember last week we dig out 100+ pips longing, we might get out of the market early but I believe we could have another long order position around 149.30., gather more bulls in to push the price higher. -As you can see we have a resistance turned support right smack on 50% fibonacci...

YaseenG.Housari Updated 

- Roses are red, violets are blue. I’m looking at these hot dollar charts and you should, too! - This level was like a nightmare for bulls from Apr2016-to-May2017 before it finally break above in Jul, as you all know this resistance turned to support level so it's not surprising that the pair retrace from this area since 50% fibo retracement right smack on it, RSI...

YaseenG.Housari

What is the best way to make money on gambling? Own a casino. - Casinos operate as a business. - Casino have table limits to manege and their customers are likely to risk it all. - Casinos have a mathematical edge, and gamblers are at a disadvantage. - Casino has no ego or emotion, but gamblers do. Now what give us a trading Edge: .Trends .Support and...

YaseenG.Housari Updated 

-As i mentioned earlier on Sunday the price gets into falling channel but I couldn't find a chance to get involve the market leaves me behind, but now we have one the price drive all the way up to a resistance line of the falling channel, with RSI almost in overbought area, also we are on a good structure look left, the odds in our favor -With sweet risk-to-reward...

YaseenG.Housari Updated 

-UpTrend Is Resuming! Looks like the 147.50 major psychological mark is still too hot for the bears to handle! The pair is having trouble breaking below the level, which isn’t surprising since it also lines up with a 38.2% fibonacci retracement. -RSI isn’t favoring a side right now, so we should wait till the price to retest a support level before we snipe our...

YaseenG.Housari

-As you can see, the pair is having trouble breaking below a major demand area at 1.6800 , which isn’t surprising since it lines up with a 38.2% Fibonacci retracement, with RSI almost hitting oversold levels. -Based on the long wicks below the area, it looks like forex bulls are defending the support very well, Not only that, but a bullish divergence has also...

YaseenG.Housari

-the bulls breaks above a mid resistance level of a rising channel, but are we looking at a real breakout or it's a fakeout, now if you compared this breakout with the previous ones you'll notice that the price retest the resistance area and bounce up, not crushed down like the others - And as y’all probably know, one of the more conservative ways to play an...

YaseenG.Housari

-As I mention before if this pair choose to head north 1.18700 is a good level to luck your profit and now Looks like the major psychological mark is still too hot for the bulls to handle! The pair is having trouble breaking above the level, which isn’t surprising cause if you connect that most recent peaks and troughs, we can see that a fresh descending channel...

YaseenG.Housari Updated 

this setup is to hot to miss people!!! is EUR is aiming to hike again ?the pair was falling since first day of the month and i'm not surprise finding a support level at 0.8800, cause if you take closely this level was a major resistance and if you pop up your fibonacci retracement level of the big move you'll notice that 50% fit perfectly on the same level, i'm...

YaseenG.Housari

"There are really four kinds of trades or bets: good bets, bad bets, winning bets and losing bets. Most people think that a losing trade was a bad bet. That's absolutely wrong. You can lose money even on a good bet. If the odds on a bet 50/50 and the pay off is 2$ vresus a 1$ risk, that's a good bet even if you lose. The important point that if you do enough of...

YaseenG.Housari Updated 

- Looks like the 1.700 major psychological mark is still too hot for the bears to handle! The pair is having trouble breaking below the support level, which isn’t surprising since it also lines up with a 38.2% fib level. - RSI isn’t favoring a side right now, but we can see is heading north. -Now we have two scenarios: *first one is the support level hold and the...

YaseenG.Housari

-is to find out if the momentum is getting stronger or weaker, if the chart make a higher high and the indicator made lower high so it refer to; the momentum is decreasing, in order to spot the (breakout from fakeout) -in this example we have a rectangle consolidation, you can see the first breakout was a fake out, here we'll use divergence to spot this fake out...

YaseenG.Housari Updated 

As i mentioned before, 112.00 strong resistance the price already start falling, so I expect the market will retrace to 111.40-111.60 levels to gather more steam, a chance for more bears to get involve.. I'll put my sell order on 111.40 with a little bit wide SL to avoid any volatility during FOMC P.S you could wait till the market goes even higher to 111.60 in...

YaseenG.Housari

Alright as you can see the price push up to the resistance line of a falling channel, with ma boii RSI is chillin’ like ice cream villain on overbought territory I can assume that the price will dive to 1.6300.. So if you want to sell this pair you could have a sweet reward-to-risk ratio if you aiming to 1.6300 lows or to the previous low to 1.6100 i'm not opening...

YaseenG.Housari Updated 

Will Kiwi maintain its uptrend today? RSI hanging out around oversold area ,also if you look closely on fibonacci 61.8% it's mixed with a good structure on 1h chart.. for me it's a good trade because the sweet reward-to-risk ratio especially if you aim for the previous highs near .7400, but i'm cool with a 100 pips. if you think that Kiwi is done gaining against...