About meI use and apply knowledge in Behaviorism, Psychology, and Gamification to approach most of my life.
As a trader I have a proven track record (in a xlsx file) of starting with a 100k account and steadily growing it to 350k over 8 months with high prob
Joined 11 months ago
This is a complex one.
There may be multiple opportunities to make pips on usdjpy in the coming months. I have drawn the white line on the chart considering a few factors:..
1. The current downtrend on the daily chart seems to be a simply correction of an uptrend on the weekly chart.,
2. The Momentum ...
Hi Everyone, Thanks for the support!
Today AUDCAD has broken through a very strong resistance zone and looks like it's going to leg up higher on expectation of strong CPI numbers from Australia. This is a swing trade that I will be taking.
Entered to buy 1.0174/
Stoploss at 1.0077
target one at 1.0301
target two ...
I love your support!
I am Bearish on EURINR based on patterns on the daily and weekly chart.
There is a European central bank rate decision in a few days which will decide the direction of the trade and bring volatility into the market.
Important zones of support at 73.70 have been broken and a retest ...
Today's call is on gold which has shown weakness in the last week and I expect this weakness to continue in the following week.
The Uptrend which started in mid january of this year was broken in the first week of october as you can see on the chart, Price is now consolidating as it retestes the 200 ...
Be careful entering positions on the gbp/jpy which are longer than a week.
There is a strong zone of support around 120 lvls on the higher time frames.
For day traders you do have a small chance to short till 120, after which you can expect some kind of volatility. The meat of the move will happen around GBP ...
Eur/Usd has a strong zone of support around 1.0949 which has held multiple times in the past.
My conditions for entry are -
If and only If that support (1.0949) is broken and if rsi dips below 30
I will look to enter short
enter at 1.0883
with a stop loss of 1.1023
and a target profit of 1.0610
If and only if gbp/aud moves above 1.7830. then I will enter a
buy position at 1.7840
Stoploss at 1.7491
target 1 = 1.82050
target 2 = 1.8691
If and when target 1 is reached i will move the stoploss to break even and then some, and exit half the position, i will exit the other half at target 2 or before than ...
EUR/USD can form a head and shoulders pattern on the daily chart, and macd shows momentum going lower. This is a sing trade which should last a week or two.
entered short at 1.1225
sl at 1.1287
tp at 1.0984
if the price reaches 1.1145 I will bring my stop to break even.
If and only if AUD/USD breaks past the 200ema, look to short it.
this is a swing trade which can go on for a few weeks.
there is a bearish MACD divergence and break in the uptrend.
entry at 0.7455
sl at 0.7582
tp1 = 0.7317
tp2 = 0.7162
tp3 = 0.6982
if the trade goes live, and the first target is hit, exit half ...
There is possibility of a head and shoulders pattern forming, along with macd divergence, and a break in the uptrend, IF and only IF those three come true, we have a chance of entering the trade when price retests the neckline and starts moving down.
Only once that retest is complete and price starts it's journey ...
Nifty daily chart shows a head and shoulders pattern being formed along with macd divergence, if the neckline is broken i will wait for a pullback to the neckline to enter a short trade.
SL at 8665
TP 1 at 8460
TP 2 at 8310