Haynes6EU's Blog

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Blog 19/10: Sell USDPLN

Hi Traders,
The weekly and daily chart of USDPLN shows clear down-trend. USD has recovered for several weeks and it seem that recovery process was stopped and USD will continue back to downtrend. I choose to sell USDPLN, let's see the daily chart:
Good luck to all traders
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Blog 18/10: Buy USDTRY

Hi Traders,
The daily chart of USDTRY shows a up trend. My simple strategy is to buy USDTRY when price adjust decrease at demand level. Let's see the chart:
Good luck to all traders
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Blog 12/10: Buy AUDUSD

Hi Traders,
AUDUSD has decreased for several weeks after hit the high level 0.81. Price bounced back at 0.773, it's also fibonacci 50% level. I think it's time for buy AUD again. I will wait better entry. Let's see the daily chart:
Good luck to all traders
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Blog 10/10: Sell USDNOK; USDPLN

HI Traders,
USD has recovered for several weeks and it seem that recovery just stopped. I decide to sell USD against NOK and PLN. Let's see daily chart, it shows good chance to sell now.
Good luck to all traders
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Blog 9/10: Sell EURUSD - target 50 pips

Hi Traders,
Market was surprised with US non-farm data was published last Friday, it was very bad. Market sold USD against other currency. But I think at the moment trend of USD in short-term still be up. So I setup a sell order with small target about 50 pips.
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Haynes6EU has taken 26th place in Trader Contest Sep 2017

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Blog 5/10: Dukascopy currency index

Hi Traders,
My simple view base on balance and imbalance between supply vs demand. USD is trying to recover but it's seem that bull power is quite weak now. Let's see Dukascopy currency index, these index is convergening. I think range trading (sell high and buy low) could be appropriate at present.
Good luck to all traders
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Blog 4/10: Continue to sell EURUSD

Hi Traders,
The pair EURUSD had increased since begining of this year. It's seem that Bull stop pushing up the pair near 1.21 and go to decreasing correction phase. I expect that bearish correction will continue in few weeks ahead. So I setup a sell limit order at 1.177x level with target about 100 pips.
Good luck to all traders
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Blog 28/9: USD is recovering

Hi Traders,
USD is recovering strongly after hawkish comment from Fed members and signal to rate hike and reduce the Fed's balance sheet. Market is buying back USD and try to rebalance short USD position. But I think that recovering process should be limit to wait more information in next several months. Let's see currency index chart:
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Blog 27/9: Sell NZDUSD

Hi Traders,
Market is buying back USD vs other currency after hawkish comment from Fed Chair Yellen Speaks. I expect money flow will continue, so I setup a sell limit order NZDUSD.
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