USDJPY:

PIVOT POINT: 108.85

R1: 109.09
R2: 109.24
R3: 109.49

S1: 108.70
S2: 108.45
S3: 108.30

Analysis:

The USDJPY traded within range and show no clear signs. If the bullish momentum returns, then the pair might recover to the first resistance of 109.09 and extend further to 109.24..

However, if the bear strikes then the pair could fall to 108.70 and possibly break the second support level of 108.45..

GBPUSD: ( My personal favourite)

PIVOT POINT: 1.4174

R1: 1.4208
R2: 1.4268
R3: 1.4302

S1: 1.4115
S2: 1.4081
S3: 1.4022


Analysis:

The GBPUSD retreated after touching a daily high near 1.423...

If the trend stays bullish, then the pair may push to 1.4208 and go on to test the next resistance level of 1.4268...

Alternatively, if a bearish trend returns the pair could fall towards 1.4115 level and head further lower to 1.4081...

AUD/USD

PIVOT POINT: 0.7743

R1: 0.7768
R2: 0.7807
R3: 0.7832

S1: 0.7705
S2: 0.7680
S3: 0.7641

Analysis:

Aussie edged lower and broke below the first support level...

If the bearish trend remains, then the support level 0.7705 might not hold and causing the pair to fall further to 0.7680...

However, if the bullish momentum persists, then the first resistance level of 0.7768 may be broken and gains could possibly extend to 0.7807...

Kaesyrn:
EURUSD

PIVOT POINT: 1.2193

R1: 1.2226
R2: 1.2272
R3: 1.2305

S1: 1.2147
S2: 1.2114
S3: 1.2068

Analysis:

Euro traded within a lower range and tested to break below 1.2160...

For future trading references, if the trend returns bullish then the resistance of 1.2226 could be broken and push the price up to 1.2272...

However, if the downward trend stays then the support of 1.2147 may falter, which could pull the price lower to 1.2114...

We all have different ways of seeing and reading the chart mine just broke resistance of 1.22370 and may be heading to 1.23390

It just an analysis not 100% sure

Market Truth

90% of traders lose 90% of their alc in 90 days

When you place a trade know that losing is the first thing your broker wants from you, forget their care for your account equity...


What do your broker see in their systems?
Your Stop loss��

If you are profitable, your account will be on checklist and they will do their best to take you out...

The secret to be profitable is not hidden but for how long can you be learning different strategy, or updating the one you are using, we are humans we will not change in perception.

If you like learn superhero strategy you will be taken down...

The market makers/Liquidity providers know that you learnt all other stuff there is but they do not care...

THEY FOCUS ON ONLY ONE THING which all Pro traders are aware of, until you know this thing you can be trading like them...

90% of traders lose 90% of their alc in 90 days

Until next time Good luck and Happy Trading...

Have a good trading week...

ncpat:


We all have different ways of seeing and reading the chart mine just broke resistance of 1.22370 and may be heading to 1.23390

It just an analysis not 100% sure

Next up:

1.227*

1.23**

Kaesyrn:
Market Truth

90% of traders lose 90% of their alc in 90 days

When you place a trade know that losing is the first thing your broker wants from you, forget their care for your account equity...


What do your broker see in their systems?
Your Stop loss��

If you are profitable, your account will be on checklist and they will do their best to take you out...

The secret to be profitable is not hidden but for how long can you be learning different strategy, or updating the one you are using, we are humans we will not change in perception.

If you like learn superhero strategy you will be taken down...

The market makers/Liquidity providers know that you learnt all other stuff there is but they do not care...

THEY FOCUS ON ONLY ONE THING which all Pro traders are aware of, until you know this thing you can be trading like them...

90% of traders lose 90% of their alc in 90 days

Until next time Good luck and Happy Trading...

Have a good trading week...

You ended up saying nothing.

boom99:
Hello traders can someone unravel this mystery. I placed a trader on Metatrader and also OCTFX at the same time. The one on meta trader was already in profit but the OCTFX was still in a huge lose..

Spread should be the main reason and again what asset was that?

NetValueFX:

Spread should be the main reason and again what asset was that?

Eurgbp. As a scalper it entered profit about $7 in the Metatrader 4 I quickly rushed to my OCTFX (competition account) to remove it, it was at a huge lose.

boom99:



Eurgbp. As a scalper it entered profit about $7 in the Metatrader 4 I quickly rushed to my OCTFX (competition account) to remove it, it was at a huge lose.

Spread is the obvious problem here.

NetValueFX:

Spread is the obvious problem here.

I get you. How I wish I used meta4. I am not used to OCTFX.

boom99:

I get you. How I wish I used meta4. I am not used to OCTFX.

The problem is not about the trading platform but the broker itself.

The more you remove oversabi from your trading career, the better... that’s why it’s been said the simpler your method is the better.... market doesn’t move because of any damn strategy, learn to flow with the market...shikena

Anyone Else tried to deposit on hotforex using direct online banking?

Finding it difficult to verify my hotforex account, is anyone having difficulty too?

blackman007:
The more you remove oversabi from your trading career, the better... that’s why it’s been said the simpler your method is the better.... market doesn’t move because of any damn strategy, learn to flow with the market...shikena

You're on point bro

situations:
Anyone Else tried to deposit on hotforex using direct online banking?

i need answer

Mayork2:
thanks bro, I don't use P.A and indicators I have some conditions and parameters for determining the direction of the instruments so once they are met I'm almost certain price will go in that direction

Alright.

More wins brotherly.

infofirst:


1960 my level for sell. Until then. I buy every dip.

Patiently waiting for this level as well as it coincide with fib61.8

situations:


i need answer

Shebi u dey stingy with ur 'giveaway'?? We sef go dey stingy with our 'answer'.

Gasive:


Shebi u dey stingy with ur 'giveaway'?? We sef go dey stingy with our 'answer'.

Lol...#eChoke

Gasive:


Shebi u dey stingy with ur 'giveaway'?? We sef go dey stingy with our 'answer'.

Lol

Gold

Sellstop @ 1905
Stoploss @ 1910

Target 1870

please any one having issues withdrawing from deriv cos of the current maintenance thing

Nzd!!

WallStreetfx:

GBPNZd

Buy stop

.9646

Sl

.9619

Sl hit !!
Expecting nzd pairs to be bullish today

WallStreetfx:


Sl hit !!
Expecting nzd pairs to be bullish today

NZD paid

Telegram group for sale 4,600 worldwide group members.
I also grow telegram groups for people.
Contact me for any number of group members you want. Contact me on telegram @jakecoins
*ACTIVE MEMBERS
*NO ROBOT

Looking to sell gbpjpy this london

Moving

Forex trading is like animal hunting. You must have patience to wait for the animal to enter your selected killing area. You don't just shoot because you feel the animal is shaking the bush, you must wait to see it clearly.

;DI was going through Mayork2 profile on fxblue in the competition and I must say that mayork2 is a sorcerer ...grins... . Honestly the level of DISCIPLINE and the precision of his trades are top notch. I went through his risk profile and I couldn't see any drawdown even the few losses he incurred the other day didn't even reflect in his drawdown. even though I'm highly impressed, I still find it difficult to believe it. I suspect His a robot ** winks**