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trendforexi

India, india

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female

December 30

Contests

(2)

Member since:	October 8, 2015
Last Visit:	May 30, 2018
Friends:	172

Dukat Contest
2^nd place
Oct - Dec 2015

$3000

Fundamental analysis
2^nd place
Nov 2015, week 2

$550

Trader
3^rd place
Sep 2017

$2500

April 15 - Canadian Dollar last week analysis

trendforexi Posted 15 Apr. in #Trader's blog

Hello,
Three factors impacting Canadian Dollar last week -
1) Upbeat BOC: The Bank of Canada's Business Outlook Survey showed optimism about the economy. They did not hint of rate hike, but the upbeat mood was supportive.
2) Higher oil prices: Prices of both WTI Crude Oil and Brent reached the highest levels since 2014. The tensions around Syria contributed to the move, but the fundamentals of supply and demand are currently favorable for Canada's crucial export.
3) NAFTA is getting closer: A de…

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April 13 - University of Michigan consumer sentiment index slips

trendforexi Posted 13 Apr. in #Trader's blog

Hello,
University of Michigan’s consumer sentiment index in April fell to a reading of 97.8, down from 101.4 in March. Consumer sentiment index of the University of Michigan measures the level of consumer confidence in economic activity.
Michigan Consumer Sentiment Index is one of the leading consumer sentiment indicators for the U.S. University of Michigan also tracks Current Conditions, Consumer Expectations, 1-year and 5-year Inflation Expectations.
While the reading still showed that confide…

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Trendforexi has published strategy Mmarch2016

trendforexi Posted 10 Apr. in #Strategy Contest

Mmarch2016 is my strategy based on AUDJPY. It uses EMA 10 with 1
minute candle to gauge the price action. 15 minute candle is used to
determine bullish or bearish bias. Trading Logic: I use price action
based strategy for USDCAD. I will now explain every step of my
strategy. Firstly, I shall explain about time conditions which decides
if my strategy is in "active" or "passive" mode. My strategy is in
"active" mode - during 6 GMT and 17 GMT hours on Monday-Thursday.
Using LAST ASK CANDLE's Candle…

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