farisbiz29

farisbiz29

MyJournal 19 - 23/02/2024 ---------------------------------- WINS/LOSSES COMMENTS ---------------------------------- Summary: .USDX W1 became bearish pinbar .Mon-Wed sell, Thu-Fri FOMC news=USD became stronger, bullish pinbar Position: .USDCAD previous W1 pinbar rejecting, multiple times .Prediction: Mon-Wed buy, Wed-Thu-Fri sell .Reality: TuesWed- touched...

farisbiz29

MyJournal 19 - 23/02/2024 XAU ---------------------------------- WINS/LOSSES COMMENTS ---------------------------------- Summary: .USDX W1 became bearish pinbar .Mon-Wed sell, Thu-Fri FOMC news=USD became stronger, bullish pinbar Position: .XAUUSD previous W1 pinbar reject 1980, predicted current W1 to become bullish .Prediction: Mon-Wed sell, WedThu-Fri...

farisbiz29

Monthly chart - Previous bearish railroad. Thus, we predicted, bearish engulf candlestick for the month. Weekly chart - 1st week, bullish 2nd, bullish peak (entry) >> 78.6%/61.8%/50%/38.2%/23.6% fibonacci retrace 3rd, bearish 4th, bearish (exit) Fundamental analysis - must align. Technical - Just for entry scalping into end of the month.

farisbiz29

MyJournal 12 - 16/02/2024 WINS/LOSSES COMMENTS: - 1st try, HOW loss - 2nd try, failed, great loss ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY - (Tues) CPI getting hotter, sentiment still rate cut delayed (bullish USD) b) Other: CHF - (Tues) Bearish GBP - (Wed) Interest...

farisbiz29

MyJournal 12 - 16/02/2024 WINS/LOSSES COMMENTS: - no trade ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY - (Tues) CPI getting hotter, sentiment still rate cut delayed (bullish USD) b) Other: CHF - (Tues) Bearish GBP - (Wed) Interest rate non change UJ - (Thu) GDP...

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MyJournal 05 - 09/02/2024 WINS/LOSSES COMMENTS: - 1st loss, great loss - 2nd try, high of the week, win ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY - No specific data, sentiment still rate cut delayed (bullish USD) b) Other: AUD - (Tues) RBA interest rate non change c) XAU...

farisbiz29

WINS/LOSSES COMMENTS: - Week structure uncertain, just gave opportunity exactly before end of the month - Wednesday, moved to 50% of monthly high, wick for monthly chart in progress, end of the month coming, short! ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY - no data b)...

farisbiz29

WINS/LOSSES COMMENTS: - Week structure uncertain, just gave opportunity exactly before end of the month - Thursday/Friday, moved to high to quick to weekly high, wick for monthly chart in progress, end of the month coming, short! ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY...

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MyJournal 22 - 26/01/2024 WINS/LOSSES COMMENTS: 1) Tuesday, offer 61.8 of weekly 2) Wed, 61.8, great loss, offered 2nd at 78.6, great loss, 3rd at HOW (highest probability) 3) Thursday, no trade ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY: CPI last week higher, expect...

farisbiz29

MyJournal 22 - 26/01/2024 WINS/LOSSES COMMENTS: 1) Tuesday, no trade 2) Wed, 61.8, great loss, offered 2nd at 78.6, but no pullback 3) Thursday, no trade 4) Fri, offered low of the week, take it ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY: CPI last week higher, expect...

farisbiz29

MyJournal 22 - 26/01/2024 WINS/LOSSES COMMENTS: 1) Tuesday, entered, BE, 2nd offered on Wed with BOJ news still hot 2) Wed, 2nd try, must buy 3) Thursday, only take if Wed win ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY: CPI last week higher, expect strong dollar,...

farisbiz29

WINS/LOSSES COMMENTS: - moved to early, 1) Tuesday, no trade 2) Wed, no trade 3) Thursday, no trade 4) Friday, 61.8 fibo of Tuesday, 1st & 2nd try ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY: CPI last week higher, expect strong dollar, (Wednesday) Waller: "Delay cuts",...

farisbiz29

WINS/LOSSES COMMENTS: - moved to early 1) Tuesday, no trade 2) Wed, no trade 3) Thursday, no trade ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY: CPI last week higher, expect strong dollar, (Wednesday) Waller: "Delay cuts", bullish DXY b) BoJ: BoJ always print money, JPY...

farisbiz29

WINS/LOSSES COMMENTS: - moved to early, 1) Tuesday, no trade 2) Wed, no trade 3) Thursday, 50% fibo, ADR did move to 130pips early, ready to TP/BE at anytime ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY: CPI last week higher, expect strong dollar, (Wednesday) Waller: "Delay...

farisbiz29

LOSSES COMMENTS: - I were to scared, opportunities missed: 1) Tuesday, 78.6 fibo, fall asleep 2) Wed, 2nd retake 3) Friday LONDON-NY sell ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY: FED rate pause, rate cut in control, waiting for Thursday CPI b) XAU: XAU strong...

farisbiz29

LOSSES COMMENTS: - Fear of missing out. FOMO - Correction: Friday not FOMC, but NFP ----------------------------------------------------------------------------------------------------------------- FUNDAMENTALS: a) DXY: FED rate pause, sentiment continue, 2024 FED expected to cut, bearish USD b) XAU: XAU strong fundamentally, Lobo Tiggre said 2024 bullish gold...

farisbiz29

LOSSES COMMENTS: - No volume for GBP this week. Okay win +3%, -1%, +4% RR - -1%,+4% speculative trade only been taken if this week on win, bounced 61.8,78.6 fibo off the high low of the week TAKING POSITION RULES:- 1) Tuesday, open only 1 position of all pairs, as weekly structure unconfirm. 2) Wednesday, open 2 positions on Tuesday's losses (if we still expect...

farisbiz29

Losses comments: - No comment, great loss. Great win +14%, +5% RR - +5% speculative trade only been taken if this week on win, bounced 61.8 fibo off the high low of the week Open position rules:- 1) Tuesday, open only 1 position of all pairs, as weekly structure unconfirm. 2) Wednesday, open 2 positions on Tuesday's losses (if we still expect the same weekly...