killer195175's Blog

Avatar

18122017

Hello, friends and fellow community members,
My USDNOK long trade got stopped out. I have shorted USDZAR but at a very low price. If I had kept my short in USDZAR over the weekend then I could have been in top 10 by now. But maybe God is not willing to give it to me so easily. So I fight for it.
Happy trading to all.
Read full story
Translate to English Show original
orto leave comments
Avatar

XAGUSD MAY FALL TO 15.30 LEVELS

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, rectangle.
XAGUSD Weekly Chart
  • The MACD on the weekly chart is in the negative zone.
  • The RSI is neutral.
From the weekly chart, it looks like the rising trendline may break anytime soon. If it breaks then it may find the support at the channel support line or the horizontal support as shown in the image attached.
XAGUSD Daily Chart
[list][/list]…
Read full story
Translate to English Show original
killer195175 avatar

UPDATE-1
The pair has ended the week at 15.81. The next stop is at 15.20 which may come anytime soon. But I expect the pair to take some rest before reaching 15.20. The indicators are aligned for the move lower.

killer195175 avatar

UPDATE-2
The pair has ended the week at 15.81. At the time of writing this post, the pair is at 15.783. It is very near to our target of 15.30 by 2nd January 2018. I expect the pair to hit 15.186 and then take support there. The breaking of the rising trendline generally results in such kind of falls.

killer195175 avatar

UPDATE-3
The pair has done very well so far. The indicators look very promising. Last three days there has been a pullback. Now the price should reverse to the downside again and achieve the target of 15.20 by next week and settle month near 15.30.

killer195175 avatar

UPDATE-4
The pair has recovered from the lows last week and has closed this week at 16.34. The pair is not going to fall in coming days it seems. As not much market participants will be active next week so I am expecting price to hover around the 16 levels till 2nd January.

orto leave comments
Avatar

XAUUSD MAY FALL AFTER DOLLAR RISE

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, rectangle.
XAUUSD Weekly Chart
  • The MACD on the weekly chart is in the positive zone but falling down.
Read full story
Translate to English Show original
killer195175 avatar

UPDATE-2
The pair has closed the last week at 1280 level. The pair has broken the rising trendline on the 4-hour chart. Now the down move may begin anytime soon.

killer195175 avatar

UPDATE-3
The pair has ended the week at 1248.37. Which is well above our target price of 1230. The pair has broken the rising trendline and closed the day below it. Now the next stop is at 1233 and 1202.

killer195175 avatar

UPDATE-4
The pair has ended the week at 1248.37. At the time of writing this comment, the pair is trading at 1243.68. The break of rising trendline has made the pair to fall very fast. Next support may be found at 1204 levels.

killer195175 avatar

UPDATE-5
The pair has fallen below the 1265 level which was a good support. Now, this level will act as good resistance and push the price till 1204 level. I expect gold to settle at 1230 levels on 1st January 2018.

killer195175 avatar

UPDATE-6
A fall in US Dollar value resulted in rise of XAUUSD and it closed the week at 1274.75. Our target for January is 1230 level. Now it seems very far and not achievable as the MACD and RSI are hinting a bullish move. For our targets to be achieved the pair should get rejected at the falling trendline next week.

orto leave comments
Avatar

EURGBP TARGET ON 2 JAN 17

Technical Tools Used
Support and resistance (S/R), Price levels, Trend lines. Price action, candlesticks, shapes like ellipse.
Weekly Chart
As it is very clear from the chart above that the pair is in a symmetrical triangle and the Euro region showing signs of weakness and I expect the trend line being kissed by the pair to be broken soon and the pair may even break the horizontal support shown in the chart and take support on the rising trend line. In this case the price will reach and stuck i…
Read full story
Translate to English Show original
Elens94 avatar
Elens94 1 Dec.

Good work

killer195175 avatar

the pair has broken the trendline as expected and after break it has touched and bounced off the horizontal line. I expect the pair to break horizontal line too in coming days. But holiday in the coming weeks can slow down the momentum. In that case also we will see Pair near our target of .8290. Image is attached for reference.

orto leave comments