USDJPY
Very good pullback...
major level 113.14
Very good pullback...
major level 113.14
- #103
- Edited 10:29am Oct 19, 2017 10:18am | Edited 10:29am
The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of US trade partners' currencies.
These currencies are the Euro (constituting 57.6% of the weighting), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%) and Swiss Franc (3.6%).
So we see that this is very important for us who trade EURUSD to know the movement of USDX.
And why would we be more confident in EURUSD long position ?
Because USDX broke its major level 93.18 five hours ago.....three hours before the EURO breaks its 1.1831 and now is falling on 92.20.
USDX
These currencies are the Euro (constituting 57.6% of the weighting), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%) and Swiss Franc (3.6%).
So we see that this is very important for us who trade EURUSD to know the movement of USDX.
And why would we be more confident in EURUSD long position ?
Because USDX broke its major level 93.18 five hours ago.....three hours before the EURO breaks its 1.1831 and now is falling on 92.20.
USDX
- #104
- Edited 2:23pm Oct 19, 2017 1:31pm | Edited 2:23pm
ANDfx account stats on FXBlue
Account stats on Myfxbook
Peak drawdown - 4.6%
Risk/reward 2.43
Profit Factor: 6.15
Today +1.79 %
This Week +4.48 %
This Month + 8.25 %
This Year + 216.41 %
Copy this account's trading on SignalStart
SystemStats on SignalStart after the 1st month of subscription:
If there are questions about indicator or this "levels strategy" ( subscription option ), feel free to contact me by email:
[email protected]
Account stats on Myfxbook
Peak drawdown - 4.6%
Risk/reward 2.43
Profit Factor: 6.15
Today +1.79 %
This Week +4.48 %
This Month + 8.25 %
This Year + 216.41 %
Copy this account's trading on SignalStart
SystemStats on SignalStart after the 1st month of subscription:
If there are questions about indicator or this "levels strategy" ( subscription option ), feel free to contact me by email:
[email protected]
- #113
- Edited 3:47am Oct 25, 2017 3:34am | Edited 3:47am
ANDfx account stats on FXBlue
Account stats on Myfxbook
This Week +2.62 %
This Month + 11.09 %
This Year + 224.71 %
Copy this account's trading on SignalStart
------------------------------------------------------------------------------
If there are any questions about indicator or this "levels strategy" ( subscription option ), feel free to contact me by email:
[email protected]
Account stats on Myfxbook
This Week +2.62 %
This Month + 11.09 %
This Year + 224.71 %
Copy this account's trading on SignalStart
------------------------------------------------------------------------------
If there are any questions about indicator or this "levels strategy" ( subscription option ), feel free to contact me by email:
[email protected]
- #114
- Edited 6:11am Oct 25, 2017 5:07am | Edited 6:11am
The meaning of major/minor levels :
GBP 15m (1h ago)
Test of the major level.
GBP 15m ( now )
The major level was broken ( Thiis was the last 15m bar of the 4h - yellow elipse).
Target = the next level ( minor or major ) will be reached without go back below the broken major level ( 1.3171 ).
On the entry this allows to have the nearest s/l - just below the previous 15m candle .
P.S.
All the levels were calculated at the start of the week and are still active till the end of the week.
Btw, the next level ( target ) on the GBPUSD = 1.3236
GBP 15m (1h ago)
Test of the major level.
GBP 15m ( now )
The major level was broken ( Thiis was the last 15m bar of the 4h - yellow elipse).
Target = the next level ( minor or major ) will be reached without go back below the broken major level ( 1.3171 ).
On the entry this allows to have the nearest s/l - just below the previous 15m candle .
P.S.
All the levels were calculated at the start of the week and are still active till the end of the week.
Btw, the next level ( target ) on the GBPUSD = 1.3236
Hi, panorama8
My achievments are the numbers in the stats of the account.
In this thread I showed and will continue to show :
the levels of my indicator, my trades ( and not only on the "signal account" ) and other things...
I answered to you already.
I can repeat my answer : there are many different subscribers . One has acc.equity = 400$, other has acc.equity = 70K$.
There are different risk management conditions on the signal account and on my managed accounts.
I can't open some trades on my signal account .
If you want private conditions on the managed account you can contact me and we will discuss them.
You are welcome.
Min acc. balance for the managed account is 10K$ .
Panorama8, tell me , please, why can't I show the tips of my strategy here ?
The signal account is only one of my account.
Don't you satisfy with the results on it ?
My achievments are the numbers in the stats of the account.
In this thread I showed and will continue to show :
the levels of my indicator, my trades ( and not only on the "signal account" ) and other things...
I answered to you already.
I can repeat my answer : there are many different subscribers . One has acc.equity = 400$, other has acc.equity = 70K$.
There are different risk management conditions on the signal account and on my managed accounts.
I can't open some trades on my signal account .
If you want private conditions on the managed account you can contact me and we will discuss them.
You are welcome.
Min acc. balance for the managed account is 10K$ .
Panorama8, tell me , please, why can't I show the tips of my strategy here ?
The signal account is only one of my account.
Don't you satisfy with the results on it ?
