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EUD/USD Forecast

mandalafxbz Posted 9 Jan.  in #Trader's blog
It's the end of the 1st week of trading and we've gotten off to a good start. I have managed to move my account balance to $194K, only after suffering an initial 1st day loss of 25K and then rebounding from this draw down!
The forecast for the EUD/USD: We have seen on the weekly chart 5 weeks of consolidation between 108-110, with strong support around the 108.50 level. This type of consolidation is not common for the Euro as we usually see price movement either up or down after each consecutiv…
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Last trading Day

mandalafxbz Posted 31 Dec.  in #Trader's blog
Its New Year's Eve here in the US, and as we begin to close out of this months trading activities, its been exciting to watch the account go from 100K to 500k in just 4 weeks time!
Although not finishing in the top 10 due to neglecting the other point categories like blogging, my equity balance shows top three, which leaves nothing to regret as it has been an exciting month of trading indeed!
My Bearish theme this month with the European currencies has paid off well, as the markets were anticipa…
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wisdom_consultant 31 Dec.

Happy New Year!

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December 29

mandalafxbz Posted 29 Dec.  in #Trader's blog
Today leaves only 2 days left in the contest. I was able to move my account from $266K to $400K in less than 12 hours, that puts me in the 33 position with no attempts to boost points from the blog or or sources, just purely trading. This is my 1st blog...
The GBP/USD short position I was holding for 4 days finally hit the 1.48 profit target overnight.
As expected since the Feds rate hike, the euro currencies should continue selling off over the coming weeks.
Holding 3 others positions Long USD/…
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