faiz16

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Joined United Kingdom
Markets Allocation
50 % forex 50 % other
Top Mentioned Symbols
USOIL 20% | 2 XAUUSD 10% | 1 EURJPY 10% | 1 TRYJPY 10% | 1
faiz16 faiz16 DE30EUR, W, Short
DE30EUR: Big drop expected
63 0 3
DE30EUR, W Short
Big drop expected

Momentum has slowed down and downward pressure visible on 15M. Perfect time to sell it. Good Luck!

faiz16 faiz16 USDSEK, 240, Long
USDSEK: GO LONGGG on USDSEK
43 0 2
USDSEK, 240 Long
GO LONGGG on USDSEK

Based on my analysis the price should start going up to a target of 9.02. SL at 8.88 or below depending on your risk assessment. Good Luck and stay safe!

faiz16 faiz16 TRYJPY, 240, Long
TRYJPY: REBOUND from Strong SUPPORT and OVERSOLD
70 0 2
TRYJPY, 240 Long
REBOUND from Strong SUPPORT and OVERSOLD

It looks like it has reversed from the strong support we have as per chart and RSI indicates oversold. Stop loss below 29 seems a safer option and uptrend will be quite strong. It can go up as high as 32 for now. Good luck and stay safe!

faiz16 faiz16 GBPCAD, 240, Long
GBPCAD: PERFECT LONG OPPORTUNITY WITH MINIMUM DOWNSIDE RISK
27 0 1
GBPCAD, 240 Long
PERFECT LONG OPPORTUNITY WITH MINIMUM DOWNSIDE RISK

RSI and MACD both supporting long. Reversal from support has already begun. SL of 1.59 should do and initial target is 1.6770 and if things go according to plan, it may go up all the way to 1.74. Good Luck and stay safe!

faiz16 faiz16 XAUUSD, W, Long
XAUUSD: GOLD buying opportunity can't get any better!
114 0 9
XAUUSD, W Long
GOLD buying opportunity can't get any better!

Strong support around 1100 and as you can see that the support line drawn goes all the way back to March 2006 which has been tested in Oct 2008, Nov & Dec 2015 and Jan 2016. Moreover the upper resistance line drawn also meets around 1100 which makes support even stronger and great likelihood of strong uptrend. Will wait for a reversal before committing. Good luck ...

faiz16 faiz16 NZDUSD, W, Long
NZDUSD: NZDUSD perfect opportunity to go LONG with minimum downside risk
36 0 7
NZDUSD, W Long
NZDUSD perfect opportunity to go LONG with minimum downside risk

On weekly time frame, strong support around 0.6930 and a big jump up is expected next week. The reversal did actually begin on Friday so I am in with a risk of just 30 pips so you can set your stop below 0.6930. Potential target is 0.73 and it might take a while to get there but we will get there :D Good Luck and trade safe!

faiz16 faiz16 EURJPY, W, Short
EURJPY: Resistance tested several times and potential SHORT here
39 0 2
EURJPY, W Short
Resistance tested several times and potential SHORT here

Hi guys, Potential short here as the resistance level has been tested several times and the target for now is 114 which may vary depending on how the chart is gonna come along. Good luck and stay safe!

faiz16 faiz16 USOIL, D, Short
USOIL: Steeeeep fall on its way so get ready to dive in
60 1 4
USOIL, D Short
Steeeeep fall on its way so get ready to dive in

Previous analysis went according to the plan. The previous support line breach and global oversupply rise the probability of steep fall to a target of 45.22. Good Luck!

faiz16 faiz16 NGAS, D, Short
NGAS: Strong resistance won't let it get through
27 0 3
NGAS, D Short
Strong resistance won't let it get through

Heavy resistance seen around 2.92 region and initial target possible is 2.67. Below 2.63 can take us to 2.33. Good Luck!

faiz16 faiz16 USOIL, 60, Short
USOIL: Safest short-term trade
59 0 3
USOIL, 60 Short
Safest short-term trade

Update 1: First target reached and trend reversed at the exact point mentioned. Strong downtrend to a target of atleast 51.31 for now and this downtrend can continue further into 40's but will wait for more indicators to add more positions. Good luck!

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