yfhong60

yfhong60 Updated 

Hong XAU Percentage Index 1 indicates there is a potential good opportunity to short the XAUUSD. DSP goes to level and about to cross with DMP, indicating a chance to Short. Now I have 0.05 lot of short order at 1262.5 and have placed two other sell limit orders: 0.05 lot at 1259.5 and 0.05 lot at 1263.5. Will have more short orders when the trend is confirmed by...

yfhong60

Long AUDUSD at 0.75120 and wait for the signal from the indicator Wish you all have very good luck in trading!

yfhong60 Updated 

Trading Plan: medium size long order at 108.951 or wherever below 109.5; take profit at 111, 114.5 and 117.5. Stop loss at 106.5 Reasons: 1) Hong Index No.1 at 100 while COT_IO_Index at very low level but has a trend to moving up. 2) Profit and stop loss price is calculated by Fibonacci levels 3) US's strong opinions over North Korean may cause fear to the future...

yfhong60 Updated 

Trading Plan: short USDCAD at 1.3325, stop loss at 1.34, first profit target at 1.318, second profit target at 1.302 Reasons: 1) COT commercial traders have large amount short lots now 2) Dinapoli MACD approaches zero line and will probably cross and go to negative 3) Dinapoli Double Repo has formed 4) 1.3325 is Fibonacci level 5) 1.34 the stop loss is...

yfhong60 Updated 

Trading Plan: small lot, short at 0.7575, stop loss at 0.765, first profit at 0.7475, second profit at 0.7326. Reasons: 1) Commercial traders have large sums of short lots currently 2) 0.7575 is a Fibonacci level which serves as resistance 3) 0.765 is Fibonacci level 4) Profit/ loss ratio is 1.47; not great, so small or mini lot. 5)Second profit target is...