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Thursday, July 17, 2014

Tuesday, July 15, 2014

SELL GOLD

A bearish flash formation in progress in XAUUSD. Break of flag is 1307 but real confirmation is break of 1302. Break of 1302 will open a way for 1285.
STRATEGY
Sell XAUUSD below 1307 with a stop loss of 1315 and target of 1285.


Drop me an email if you have any further questions. In comments you may tell me what you think about this setup.

Monday, June 30, 2014

FOREX FREE TIPS | GBPUSD INTRADAY UPDATE | 30 JUN 2014

Hello readers,
 I am back with the very favourite technical analysis for you. The pair we are talking about today is GBPUSD. The pair broke multi week high of 1.7041 and is trading about 50 pips above it as current price while writing this article is 1.71052. I strongly feel that those who had bought the pair earlier will book profits here and the pair will move higher than the high of today that is 1.71137 only after a pullback towards 1.7050.



As the stochastics and RSI indicate overbought conditions on  4 H timeframe, our preference is to wait for a pullback and see a candle closing above 8 period exponential moving average on 1H time frame. Best price will be buying near 1.7050. Keep stop loss below 1.69500. And aim for 1.72350 on the higher side.
Do not risk more than 5% of your capital on a single trade. Happy Trading. Email me for any querries about technical analysis.

Saturday, September 28, 2013

SELL USDCAD ON MONDAY 30 SEP 2013

Sell USDCAD on monday with stop loss at 1.0342 and target 1.0250.
On daily chart there is a doji followed by a inverted hammer and both are black indicating reversal of uptrend and the continuation of downtrend.
At first target 1.0250 and if closes on daily basis below 1.0265 then we can see 1.0200 on tuesday.

Tuesday, September 17, 2013

USDJPY BREAK AND TEST OF SYMMETRICAL TRIANGLE PATTERN





As we can see that USDJPY successfully broken out of the triangle and retested the falling trendline and found support near 98.50 area.
Here we can buy the pair with stop loss of 98.50 and target of 100.54




For taking a safe side buy the pair above 99.36 when it clears this short term falling trendline.


please comment. I am dying to see any comments in my blog. :-)

Sunday, September 1, 2013

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USDJPY WEEKLY FORECAST

In USDJPY a bullish flag is in place and the target on upside break of 98.35 is 98.75 and 99.15.

On the other hand a break below the 97.75 will show us 97.40 and 97.20





EURUSD FORECAST WEEKLY


EURUSD INTRADAY UPDATE

Euro seems to be weak this week and i am expecting to see the level of 1.3120 and 1.3100 if euro trades for one hour below 1.3170.
On the other hand if it breaks on the upside above 1.3257 then 1.3300 is the immediate target and we may also see 1.3281 and 1.3303.



Please give your comments as they are very valuable.

Thursday, July 25, 2013

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Wednesday, July 24, 2013

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Monday, June 24, 2013

BUY USDJPY

BUY USDJPY near 98.00 with stop loss at 97.20.


 upside target 98.50, 98.90 and 100.00.

Sunday, June 16, 2013

EURUSD INTRADAY TRADING STRATEGY FOR 17 JUNE 2013

Sell EURUSD below 1.3288.
An hourly candle close below 1.3288 exposes 1.3233, 1.3188 and on the downside.

Thursday, May 23, 2013

Sunday, April 21, 2013

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Suppose you deposit USD 100.
Then the maximum risk to you will be 5% that is USD 5.
4. I guarantee an average of 100 to 200 pips every week with minimum possible risk. Sometimes pips may be 500 and sometimes no pips at all depending on market conditions.
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Thursday, April 11, 2013

Sunday, March 17, 2013

EURUSD FORECAST INTRADAY | UPDATE ON SUPPORT AND RESISTANCE

EUR USD FORECAST for 18 Mar 2013

The Pair is in downtrend.

Target 1 : 12878
Target 2 : 12821

On the other hand a break of 12984 can show us levels of 13035 and 13100.

Follow me on twitter @xperttrader2 for latest updates or add me to skype: measoldier123 or follow my page on google circle.

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Monday, February 4, 2013

EUR USD FORECAST INTRADAY | UPDATE ON TRADE

EUR USD FORECAST for 4 Feb 2013

The Pair is rebounding before returning to previous high of 13710.

Target 1 : 13705.
Target 2 : 13742.

On the other hand a break of 13580 can show us levels of 13526 and 13478.

Follow me on twitter @xperttrader2 for latest updates or add me to skype: measoldier123 or follow my page on google circle.

Share this page with friends your sharing encourages me to work.

Both the targets are achieved on the lower side.