DislikedHi Den Been reading this thread and find it very interesting, would love to follow your trades, but i am unable to log in, did you change the log in details? ThanksIgnored
An effective strategy and account with stable profit!
I prefer to work through stop loss, so basically it depends on that only, i mean basically i keep increasing stop loss by 15, 15, 15 pips, so eventually the moment market turns around 15 pips, i will get my trade close, it's similar from start to finish, so basically i am accepting 15-20 dollars loss or nothing loss or at least 15 dollars profits, it's something i have started following recently with few indicators, so far going well.
I wish you good luck in trading.
Forecast on USD / JPY. Now there is no apparent answer, which will move the price. She is on the verge of supporting 106,480, below which it is hardly going right now. therefore, likely to rebound from this line. But as we know, the level may have a width, so this rebound may occur, both now and in a couple of days. Therefore, there are two versions of events. Keep in mind that the price is now at 23.6 Fib, is the level of a possible turn up. You can also see the possibility of formation of 4 and 5 and only after that, to achieve the level of resistance of 105,830.
What about GU We see that the correction is over, after the formation of 5-wave and the end of wave 1 and possibly 2.
At the same time, you can now expect growth within wave 3 - 4 - 5 to the resistance level of 1.47200. Thereafter - forming correction.
You can assume that the price will rebound from 1.46140 within the figure's head and shoulders.
At the same time, you can now expect growth within wave 3 - 4 - 5 to the resistance level of 1.47200. Thereafter - forming correction.
You can assume that the price will rebound from 1.46140 within the figure's head and shoulders.
{quote} I orient by the market, in that time, when I decide to close the order now or wait for another. Yes, sometimes I lose profits because close positions ahead of time, sometimes I close the position at a time when the price is about to turn over. This is the Forex risk is great. Besides, as I said, in my account, there is funds of the investors. It has an emotional impact. I'm careful. On Friday, I had to close the deal for several reasons. It seemed to me that it is better not to be and I had to have time to close the order with high volume...
In USD / JPY movement is possible according to the descending trend. At the moment the price is at a level of 23.6 in the region of the middle trend line.
At the same time, if the level of 23.6 is broken down, it is possible breakdown descending trend in the limits of formation of Elliott wave - 3-4-5. At the same time, the segment 3-4 is likely to be formed between the level of 0.0 Fibo, and the resistance level of 106,640. A segment of 4-5 between 106,640 and 106,140 support
At the same time, if the level of 23.6 is broken down, it is possible breakdown descending trend in the limits of formation of Elliott wave - 3-4-5. At the same time, the segment 3-4 is likely to be formed between the level of 0.0 Fibo, and the resistance level of 106,640. A segment of 4-5 between 106,640 and 106,140 support
My forecast for EUR / USD. I think that is now possible to move down to the support of 1.12150. After that, most likely we can expect the growth to the level of 50 fib within the triangle correction.
If the increase to 50 fib is not done, then most likely it will fall into the limits of wave formation 3-4-5.
If the increase to 50 fib is not done, then most likely it will fall into the limits of wave formation 3-4-5.
- #377
- Jun 15, 2016 12:16pm Jun 15, 2016 12:16pm
US Federal Reserve signaled that the rise in interest rates June 15, 2016 is likely, if the state of the economy will continue to improve.
But let's look at technical analysis:
My predictions about the EUR / USD and his fall was pretty accurate.
But now we can assume that only formed a four wave. The fifth wave will begin in the near future. Expected completion of wave 5 - a support level 1.11421
But if the dollar will weaken and succumb to the movement upward trend, which many traders expect, we can expect growth of figure head and shoulders.
But let's look at technical analysis:
My predictions about the EUR / USD and his fall was pretty accurate.
But now we can assume that only formed a four wave. The fifth wave will begin in the near future. Expected completion of wave 5 - a support level 1.11421
But if the dollar will weaken and succumb to the movement upward trend, which many traders expect, we can expect growth of figure head and shoulders.
