Open trading account 
Began my month of Trader Contest with two minor losses in EURCAD and EURGBP, and a 23 pips profit in EURJPY Short. The former hit my TP target after hunting my SL. The latter rushed to my SL and it was very brisk.
Community Blog
THE TRUE LEVEL BREAKOUT >>>
Hello everyone!
What is the true Breakout in trading? Glad to present, the real situation on a market! Watch the real trading model of True Level's Breakout.
At last, we'll say: - "Market has a Memory about the important levels".
Tradinionally, we glad to present you the real example of level's significance in trading. Thnx to Zarina Tengri.
«« «« «« «« «« Hold Like! »» »» »» »» »»
(If you have questions, comments, write, reply thoroughly!)
Best regards, Traders Kazakhstan team "Powerful Traders…
What is the true Breakout in trading? Glad to present, the real situation on a market! Watch the real trading model of True Level's Breakout.
At last, we'll say: - "Market has a Memory about the important levels".
Tradinionally, we glad to present you the real example of level's significance in trading. Thnx to Zarina Tengri.
«« «« «« «« «« Hold Like! »» »» »» »» »»
(If you have questions, comments, write, reply thoroughly!)
Best regards, Traders Kazakhstan team "Powerful Traders…
GBPUSD AND USDJPY UPDATE 6 OCT 16
Hello friends as posted in my blog about USDJPY on 2nd Oct 16 the pair has broken out from the triangle on the upside. Now next hurdle is sitting at 104.320 region. If the pair is able to close this week above 104.320 then we will be sure about the uptrend in the pair. But I will still advice to wait for the right time. I mean let the pair close above the said level and then wait for the pullback to enter the bandwagon .
Next we had talked about …
Next we had talked about …
Further bullish pressure
Daily Vision
The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 1.1071.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price t…
The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around (weekly EMA 200) at 1.1071.
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price t…
USD/CHF have been seeing a strong bearish market
Daily Vision
The USDCHF attempted to push lower yesterday bottomed at 0.9458 but closed higher at 0.9456 in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1000 pips without significant correction and the next potential target is seen around 0.9147 (weekly EMA 200).
The bias is bearish in nearest term. Immediate resistance is seen around 0.9914 . A clear break above that area could lead price to neutral zone in near…
The USDCHF attempted to push lower yesterday bottomed at 0.9458 but closed higher at 0.9456 in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1000 pips without significant correction and the next potential target is seen around 0.9147 (weekly EMA 200).
The bias is bearish in nearest term. Immediate resistance is seen around 0.9914 . A clear break above that area could lead price to neutral zone in near…
Long term bias is still short on USD/JPY
Daily Vision
The USDJPY was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above 114.70. I still prefer a bullish intraday scenario at this phase targeting 114.10 region.
Immediate resistance is seen around 114.78. A clear break and daily close above that area could trigger further bullish pressure testing 113.96 region. Immediate support is seen around 113.30 .
A clear break below that area could trigger further bearish pressure whi…
The USDJPY was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above 114.70. I still prefer a bullish intraday scenario at this phase targeting 114.10 region.
Immediate resistance is seen around 114.78. A clear break and daily close above that area could trigger further bullish pressure testing 113.96 region. Immediate support is seen around 113.30 .
A clear break below that area could trigger further bearish pressure whi…
CADCHF Loses upside momentum
Daily analysis
CADCHF printed a rejection to halt its upside offensive and close lower the past week. This price action has created downside risk as we enter a new week. On the downside, support comes in at the 0.7385 level. A turn below here will open the door for more weakness targeting the 0.7345 level and followed by the 0.7365 level. A cut through here will bring additional weakness towards the 0.7369 level.
Weekly analysis
CADCHF opened the week at 0.7314 and touched a high of 0.7387. The …
CADCHF printed a rejection to halt its upside offensive and close lower the past week. This price action has created downside risk as we enter a new week. On the downside, support comes in at the 0.7385 level. A turn below here will open the door for more weakness targeting the 0.7345 level and followed by the 0.7365 level. A cut through here will bring additional weakness towards the 0.7369 level.
Weekly analysis
CADCHF opened the week at 0.7314 and touched a high of 0.7387. The …
AUDNZD forming a bearish harmonic pattern
Weekly analysis
weekly RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance lines at the 1.0975 level with a breach pushing the pair further towards the 1.0975 level. A breather may occur here and turn the pair lower but if taken out, expect a push higher towards the 1.0996 level. All in all, the pair remains biased to the downside in the short term on correction.
Daily analysis
AUDNZD is at an interesting level as we’re currently at the top end of what to me …
weekly RSI is bearish and pointing lower suggesting further weakness. On the upside, resistance lines at the 1.0975 level with a breach pushing the pair further towards the 1.0975 level. A breather may occur here and turn the pair lower but if taken out, expect a push higher towards the 1.0996 level. All in all, the pair remains biased to the downside in the short term on correction.
Daily analysis
AUDNZD is at an interesting level as we’re currently at the top end of what to me …
AUDUSD facing a strong trend line resistance
Daily analysis
AUDCAD opened the week at 0.9847 and touched a high of 0.9874. The pair then reversed directions and dropped to 0.9896, as support held firm at 0.9812. The pair closed the week at 0.9756. And the price of 0.9744 has been significant in the recent history of AUDCAD , and with a mid-line of a down-ward sloping channel offering an additional impetus for support, top-side reversal setups became attractive as a 1-to-4 risk-reward ratio was available using that 0.9568 level for risk wi…
AUDCAD opened the week at 0.9847 and touched a high of 0.9874. The pair then reversed directions and dropped to 0.9896, as support held firm at 0.9812. The pair closed the week at 0.9756. And the price of 0.9744 has been significant in the recent history of AUDCAD , and with a mid-line of a down-ward sloping channel offering an additional impetus for support, top-side reversal setups became attractive as a 1-to-4 risk-reward ratio was available using that 0.9568 level for risk wi…
71 PIP TRADE - CONSOLIDATION BREAKOUT
This trade took advantage of the expected move towards the Outer Trend Line and the Consolidation Breakout on the Daily Chart.
Entry took place on the 4 Hour Chart which had created an Uptrend with Inner and Outer Uptrend Lines.
Stop Loss was placed below the Inner Uptrend Line and Entry Order set in expectation of a pullback. Once triggered, market took us back higher, where the Limit Order was set at the Resistance area.
Trend Lines are great areas to place your Stop Loss, especially if the ne…
Entry took place on the 4 Hour Chart which had created an Uptrend with Inner and Outer Uptrend Lines.
Stop Loss was placed below the Inner Uptrend Line and Entry Order set in expectation of a pullback. Once triggered, market took us back higher, where the Limit Order was set at the Resistance area.
Trend Lines are great areas to place your Stop Loss, especially if the ne…