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NZD/USD: The nearest resistance is around 0.73950

RichieCurrency Posted 5 Sep.  in #Trader's blog
NZD/USD: The nearest resistance is around 0.73950
Most Likely Scenario: Long position above 0.73950 with targets @ 0.77400 in extension. Stoploss at 0.73090.
Alternative Scenario: Below 0.73950 look for further downside with 0.169780 as target.
Comment: the Stochastic ( 5, 3, 3 ) of NZD/USD on daily chart tend to go up.
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AUD/USD Continue in downtrend

RichieCurrency Posted 4 Sep.  in #Trader's blog
AUD/USD Continue in downtrend
Most Likely Scenario: Short position below 0.76120 with targets @ 0.74420 in extension
Alternative Scenario: Above 0.76120 look for further upside with 0.77480 as target. Stoploss at 0.75700
Comment: the Stochastic ( 5, 3, 3 ) of AUD/USD on daily chart tend to go down.
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EUR/USD: Stochastic tend to go up from oversold area

RichieCurrency Updated 1 Sep.  in #Trader's blog
EUR/USD: Stochastic (Daily chart) tend to go up from oversold area

Most Likely Scenario: Long position above 1.11678 with targets @ 1.12447 in extension. Stoploss at 1.11488.
Alternative Scenario: Below 1.11678 look for further downside with 1.10735 as target. Stoploss at 1.11755.
Comment: the Stochastic ( 5, 3, 3 ) of EUR/USD on daily chart tend to go up.
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EUR/USD : The stochastic (5,3,3) tend to down

RichieCurrency Posted 31 Aug.  in #Trader's blog
EUR/USD : The stochastic (5,3,3) tend to down
Most Likely Scenario: Short position below 1.11299 with targets @ 1.10720 in extension
Alternative Scenario: Above 1.11299 look for further upside with 1.12089 as target. Stoploss at 1.11259
Comment: the Stochastic ( 5, 3, 3 ) of EUR/USD on daily chart continue lower and The volatility is low.
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AUD/USD: Rebound from the nearest support

RichieCurrency Posted 30 Aug.  in #Trader's blog
AUD/USD: Rebound from the nearest support
Most Likely Scenario: Short position below 0.75613 with targets @ 0.74900 in extension
Alternative Scenario: Above 0.75813 look for further upside with 0.77212 as target.
Comment: the Stochastic ( 5, 3, 3 ) of AUD/USD on 30M chart tend to go up and The volatility is low
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USD/JPY: Sideway in narrow range

RichieCurrency Posted 26 Aug.  in #Trader's blog #USD/JPY
USD/JPY: Sideway in narrow range
Most Likely Scenario: Short position below 100.22 with targets @ 99.102 in extension
Alternative Scenario: Above 100.918 look for further upside with 102.547 as target.
Comment: the Stochastic ( 5, 3, 3 ) of USD/JPY on daily chart tend to continue sideway and The volatility, flatuation is low
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GBP/USD: Descending triangle

RichieCurrency Updated 26 Aug.  in #Trader's blog #GBP/USD
[b]GBP/USD: Descending triangle is forming[/b]
Most Likely Scenario: Short position below 1.32521 with targets @ 1.2915 in extension
Alternative Scenario: Above 1.32521 look for further upside with 1.34881 as target.
Comment: the Stochastic ( 5, 3, 3 ) of GBP/USD on daily chart tend to go down.
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USD/CHF - The support became the resistance

RichieCurrency Posted 19 Aug.  in #Trader's blog
USD/CHF: The nearest support is at 0.95891 became the [b]nearest resistance[/b]
Most Likely Scenario: Short position below 0.95891 with targets @ 0.95204 in extension
Alternative Scenario: Above 0.896578 look for further upside with 0.97341 as target.
Comment: the Stochastic ( 5, 3, 3 ) of USD/CHF on daily chart tend to go down.
EUR/USD: The nearest resistance was break
Most Likely Scenario: Long position above 1.13290 with targets @ 1.14297 in extension
Alternative Scenario: Below 1.1294…
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EUR/USD: The nearest resistance is at 1.13290

RichieCurrency Updated 18 Aug.  in #Trader's blog #EUR/USD #USD/CHF
EUR/USD: The nearest resistance is at 1.13290
Most Likely Scenario: Long position above 1.13290 with targets @ 1.14297 in extension
Alternative Scenario: Below 1.12949 look for further downside with 1.12413 as target.
Comment: the Stochastic ( 5, 3, 3 ) of EUR/USD on daily chart tend to go up.
USD/CHF: The nearest support is at 0.95891
Most Likely Scenario: Short position below 0.95891 with targets @ 0.95204 in extension
Alternative Scenario: Above 0.896578 look for further upsi…
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My trading strategies and principles

RichieCurrency Updated 17 Apr.  in #Trader's blog

https://www.youtube.com/watch?v=YkyU9aF_-_8
Hi everybody,
I am Nguyen Thanh Phu, I’m from Vietnam.
I’m very happy when I took third place in the March trader contest with nick name RichieCurrency.
Today, I want to talk about my trading strategies and principles that lead me to success in the contest.
I started with the financial market from 2008. Up to now, I have over 6 year - experience in this market.
The early days, I traded in Viet Nam Stock Market. Then I traded in the Gold market, and F…
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FxMidaso avatar
FxMidaso 17 Apr.

For example,the price has touched 400% fibo line and after that a reversal signal is generated. Instead of looking at the reversal signal, my mind tells me that the reversal signal is false, why? because the price haven't touch 423.6%. i have missed many trades and made many wrong trades because of Fibonacci, now my charts don't have them, so that 'I trade what i see'.

RichieCurrency avatar
RichieCurrency 17 Apr.

@ FxMidasoThank you for your comments,I agree with you about thatSame to me, my charts rarely have Fibo.However, everyone have different view about the same chart.I only use Fibo combined with Stochastic (5, 3, 3) and Candle stick.Ex: I only open the long position when the price touched 168% of Fibo and Stochastic, Candle Stick have bullish signal to confirm reversal. The buy signal of Stochastic appeared when K% and D% went up from oversold area. The signal of candle stick is the appearance of bullish patterns: Bullish Morning Star, Bullish Tri Star…Happy Trading!

HOANG_MAI_NHI avatar
HOANG_MAI_NHI 22 Apr.

chuc anh thanh cong

Olga18375 avatar
Olga18375 23 June

interesting thoughts!

ANABEVZ avatar
ANABEVZ 14 Aug.

Very well! Then i wish you good luck in future!)

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