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About me It has only been a year since I started trading in Forex Market. All of the ideas that I published here act only as my Trading Journal.
Please, help me improve myself by commenting on my idea. I am a noob, even a seasoned trader was once a noob. Help this noob to become better. - A
Markets Allocation
67 % forex 33 % other
Top Mentioned Symbols
XAUUSD 33% | 2 USDJPY 33% | 2 AUDUSD 16% | 1 EURUSD 16% | 1
aN00bis_FX aN00bis_FX USDJPY, 60,
USDJPY: USDJPY - Will the price respect the channel?
163 1 1
USDJPY - Will the price respect the channel?

USDJPY has been bullish for a long time now (hence I am more bias on going long rather than short). Still, the movement of the price in the past few days makes me want to re-evaluate my view. As you can see from this H1 graph, a possible channel is about to be formed. Both trendline (blue) are clones to ensure the angle of the line is uniform. Not only that the ...

aN00bis_FX aN00bis_FX USDJPY, 60, Long ,
USDJPY: USDJPY - Looking for a buy oppurtunity
32 0 0
USDJPY, 60 Long
USDJPY - Looking for a buy oppurtunity

This is a simple setup that I notice on USDJPY (H1) First, there are two lines that are very obvious that I consider to be a critical hotspot. (Resistance @ 120.70 & Support @ 120.80) 120.15 is a good line to be considered as a strong support as well, but it has been penetrate twice previously. The rest is stated clearly on my graph. WHAT I AM GOING TO DO 1. ...

aN00bis_FX aN00bis_FX XAUUSD, 240,
XAUUSD: XAUUSD - Will Price Continue Moving Downward?
84 0 1
XAUUSD - Will Price Continue Moving Downward?

As stated in the graph above, price has managed break free from the channel. Price tried to enter the channel back (retest) and yet failed to do so. As you can see from the graph above (based from the price action and Kumo cloud), there's a clear support @ ~1191.00. In my opinion, price might consolidate for awhile. I will wait for the price to move below the ...

aN00bis_FX aN00bis_FX EURUSD, 60, Short ,
EURUSD: EURUSD - A Simple Setup
95 0 0
EURUSD, 60 Short
EURUSD - A Simple Setup

WHAT I SAW 1. A strong Resistance @1.2363 2. A possible Head & Shoulder pattern forming WHAT I'LL DO 1. Place an alert @1.2365 2. Will go short with small SL once a new bar is formed below this level

aN00bis_FX aN00bis_FX XAUUSD, 240, Short ,
50 0 3
XAUUSD, 240 Short
XAUUSD Simple Setup

This is a simple setup that I saw WHAT I SAW 1. Since 7/11/2014, gold has been in a clear and noticeable up trend. 2. As you can see, I draw two trendline (both are clone) and the price has been respecting both of this line as its support and resistance. (Except during 28/11/2014 - perhaps a news effect? I don't know) WHAT I'LL DO 1. Already went for short at ...

aN00bis_FX aN00bis_FX AUDUSD, D, Short ,
AUDUSD: AUDNZD - A Simple Bearish Setup
104 0 0
AUDNZD - A Simple Bearish Setup

This is a very simple setup that I notice. WHAT I SAW 1. A strong historical Resistance Line @ 1.0755. - It has been tested multiple times in the past. - Again tested twice recently (previous week) <-- Which is for me a pretty good & fresh data - It is a psychological number 2. An inside bar (Last Bar) 3. Major Trend is Bearish WHAT I'LL DO 1. Create an ...

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