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Today EURUSD has decline consecutively third day and it has reached almost at recent daily support level. So I will wait for this pair, whether it will break the support level, or bounce back in recent days before making any trade decision. Meanwhile, I opened long trade on USDNOK, as it already broken above 200 SMA on daily chart.
Блог drishti
07.March.2017 trade update
Yesterday, after USDZAR went below 11.90 level, I went short on this pair which performed well as expected. And soon it reversed in which also performed good. Now I am looking to go long on this pair after 12.00 level. Meanwhile, EURUSD is moving down but has good support at 1.24 level and it is ranging in between, before ecb interest rate decision. So for tomorrow, I am expecting this pair to move towards its long term direction which is long, and cross above 1.25.
Day 1 December 2017
Yesterday, GBPUSD sharply rise to weekly new high, but soon after reaching 1.3550 area, it declined. My expectations for this pair is upside towards 1.40, where 200 EMA will support resistance on weekly chart.
However, today is Friday, so I do not want to take any chance to ruin the initial equity.
Thanks.
However, today is Friday, so I do not want to take any chance to ruin the initial equity.
Thanks.
03.01.2017 trade update
Today EURUSD tested again its lowest support line and then sharply reversed back. Because I am waiting for a confirmed breakout on daily candle on this pair, so I skipped any trade idea after pair was trading low. Meanwhile, I opened a long trade on USDZAR, because presently pair has broken recent trend line and moving up. However, there is another resistance, as 200 SMA on hourly candle may act as mild resistance, but I will look for reverse signal, if that happens, will exit this trade in nega…
03.01.2017 trade update
Today EURUSD tested again its lowest support line and then sharply reversed back. Because I am waiting for a confirmed breakout on daily candle on this pair, so I skipped any trade idea after pair was trading low. Meanwhile, I opened a long trade on USDZAR, because presently pair has broken recent trend line and moving up. However, there is another resistance, as 200 SMA on hourly candle may act as mild resistance, but I will look for reverse signal, if that happens, will exit this trade in nega…
02.01.2017
Another month in which EURUSD is suggesting a fall, because pair is trading below monthly pivot, and also pair has tested recent support already. So if pair will close above 1.0580, i.e 1.06 round figure, I will think for going long. Until then I will try to stay away until there is not confirmed break down side.
Day 1 2017
It's time to welcome 2017, and make analysis for this week NFP. LOL Today is time to celebrate New Year, because all times PIPs are either in Green or Red. This month I will make my first trade on Tuesday, because party hangover will last till Monday night.
For now, Enjoy and Wish you a Happy New Year.
For now, Enjoy and Wish you a Happy New Year.
30.12.2016 Trade update
From last two days, due to network problem I was not able to write any trade blog which is really disappointing in last week of contest, however Yesterday I opened a GBPJPY long trade which paid off good price and I was able to move my balance near 400K. Today is last day of this month trading week and also it year end now, so wish you all happy new year in advance, and enjoy your holiday. Now I am still looking for a long trade on USDZAR pair, if it comes back at 13.62 level, but it moving upwa…
27.12.2016
Another day, when market is moving in very low range, and I took a risk leaving USDMXN trade when It was at 200 SMA on 30 minutes time frame and it seems that it was a mistake. However, another challenge I am facing today that jforex platform not opening up, it might be due to slow connection or something else. I hope tomorrow everything would be good and USDSEK is moving back from 200 SMA, so if that trade will close in green, all loss will be covered.
Thanks
Thanks
26.12.2016 Trade Update
Two trades is in open stage from Friday 23.12.2016, and market is already moving really slow on first day of week after Christmas. Both Exotic pair has too much wide spread and also on EURUSD spread is more than 5 pips today most of time, so it is not decision to open any trade until spread becomes normal. Tomorrow is still holiday, so we can expect some movement only on Wednesday. Till then, enjoy your day, and relax. Will look for some pips on Wednesday till Friday.
Thanks.
Thanks.