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January is ending

January was my 5th month experiencing the forex, was the second decent month in a row (made a monthly PL=+29100), and finally i have an up swing on my year cumulative P/L curve, ie, since my minimum P/L I can already see a up trend with a higher low and a higher high. I hope I can do whatever it takes to not breakdown my higher low, will see... and I will not increase leverage until I have a positive year cumulative P/L.
Now i'm happy with my results, even in a very complicate month in my job/st…
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USD/CAD update

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Previously
on 2Jan
Long Term: On USD/CAD monthly chart, we have a double bottom possibility with huge bullish divergence. After that, it seems that we have a base zone, a long-term area with top at 1.0450-1.0660. At the moment price is trying to clearly break up 1.0660 level.
Medium-Term: In uptrend. since the high at 1.0735 we are in a correction. At the moment we are closer by trend TL which may hold the price.
Short-Term: Ranging on this timeframe, now in t…
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EUR/USD update

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Previously

On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

Price made a potential double top on the weekly 1.37 resistence ie the breakout failed two times in a row. This double top can guide us much more below current
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USD/SEK can we go now?

Long Term
The pair USD/SEK is ranging on all major timeframes. We have a Long Term sideways movement since the low of April 2011 with top at June 2012 high.
Medium Term
Also ranging. We are in a sideways movement since the low of February 2013 with top at July 2013 high.
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The price is in a short-term sideways movement. If breaks out the 6,49 level may bounce at lest to the next level 6.60, I think. I'm already in (again :-D ), at 6,48. Will see what happens here,…
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USD/CHF update

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Previously
on 27 Dec
Long Term: The pair USDCHF is in downtrend on all major timeframes. In the long term we can see a huge descending trend since july 2001.
Medium Term: After a medium term top at 0,98 level, we have a downtrend since we broke down the 0,95 level. Now possibly ending the trend with a double bottom formation. If we dont break down 0,88 level may mean that the long term support zone 0.89 - 0.88 continues holding the price, at least for
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EUR/USD update

___________________________________
Previously

On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

Price made a potential double top on the weekly 1.37 resistence ie the breakout failed two times in a row. This double top can guide us much more below current
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USD/SEK shot me down

Bang bang, I hit the ground Bang bang, that awful sound Bang bang ... :'(
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on 10Jan
The previous USD/SEK setup i posted is still valid:
- Long Term: The pair USD/SEK is ranging on all major timeframes. We have a Long Term sideways movement since the low of April 2011 with top at June 2012 high.
- Medium Term: Also ranging. We are in a sideways movement since the low of February 2013 with top at July 2013
- Short term: Since November 2013 high, we can see a downtrenf o
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sankit avatar
sankit 14 Jan.

sad to hear that but am sure you will return to race with a bang !!! Good luck ;)

floge avatar
floge 14 Jan.

yeah there will be blood :-D

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USD/CHF up move continuation

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on 27 Dec
Long Term: The pair USDCHF is in downtrend on all major timeframes. In the long term we can see a huge descending trend since july 2001.
Medium Term: After a medium term top at 0,98 level, we have a downtrend since we broke down the 0,95 level. Now possibly ending the trend with a double bottom formation. If we dont break down 0,88 level may mean that the long term support zone 0.89 - 0.88 continues holding the price, at least for a medium-te
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floge avatar
floge 13 Jan.

trade: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=226217591&tab=feed#blog-item-226217591

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USD/SEK re-entry

The previous USD/SEK setup i posted is still valid:
- Long Term: The pair USD/SEK is ranging on all major timeframes. We have a Long Term sideways movement since the low of April 2011 with top at June 2012 high.
- Medium Term: Also ranging. We are in a sideways movement since the low of February 2013 with top at July 2013
- Short term: Since November 2013 high, we can see a downtrenf on this timeframe. The current low of this trend is at the support zone 6,40. Maybe this trend is over, will see …
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floge avatar
floge 13 Jan.

trade: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=226104305&tab=feed#blog-item-226104305

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All closed

Closed all my positions
USD/CAD
I entered with this setup, made 179 pips = 225 pip-points, the biggest profit until now. YES! :-D
Now i expect some short-term correction. Medium-term trend still bullish
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USD/SEK
I entered with this setup, made 362 pips = 75 pip-points.
I expect some short-term correction before continuing the short-term uptrend.
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EUR/USD
I entered with …
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badboy 9 Jan.

nice pic grand pa :)

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