10yearsfxexpert

10yearsfxexpert

I din't have much time to write these months, but today I saw some interesting trade with some good profit. At weekly chart, I saw a future drawdown of more than 500 pips from tommorow. So, if you follow me, just take a SHORT trade on gbpjpy from tommorow until reaches 181.00 quote. The reason would be : Stoch entered again into less than 80 level area, MACD is...

10yearsfxexpert

If GBPUSD quotation passes the 1.5400, it will go up to 1.5540. Even if the channel is downwards, the quotation must touch first the weekly pivot before going deeper. Buy at 1.5400, TP 1.5540 with risk 1:10.

10yearsfxexpert

At weekly chart, the fib retracement shows us that the quotation must come back to 0.7020 before going deeper. ADX is strong with 32 and all EMA's are for selling. What do you think? Be careful not to put the risk bigger than x10. The quotation could go again to touch 0.7250 before going to 0.7020.

10yearsfxexpert

As picture says, all indicators are overbought ( though such a word does not exists in forex market ). StochRSI is 100, all EMA's favoures selling and BB are on their top. Maybe, the quotation may arrive to 1.1025 - 1.1075 area and after that going short until 1.0500. It's just my opinion. What do you think ?

10yearsfxexpert

As you can already see, both charts shows us to stay calm and watch the battle. If you are already long on USDCAD, you should stay so. If you're not, you're exposed to a very nasty risk. I'm pretty sure that DXY will go up next week and so will USDCAD pair. Maybe, it will go a little lower until 50 % on RSI, after that going up, up, up. Stay with me to take...

10yearsfxexpert

EURAUD will go until 1.3680 - 1.3650, after that will be back to at least 1.3820 - 1.3850. Pros : - Stoch is oversold - RSI is under 50 - EMA30 is 1.4053 - plenty of room to touch it.

10yearsfxexpert

Yesterday USDCAD dropped more than 1 % and in a few days ( maybe next week ), it has to go to 1.2630 again before going deep to weekly chart. I already bet on it. What are you waiting for ? :))

10yearsfxexpert

As you can see in the image below, GBPJPY will go up because 30 EMA was crossed below, Stoch is very oversold and RSI is below 50. It has to go for at least 200 pips from now, I mean 178.00 at least. I don't have a SL, as I put much money and less risk, X10 or even X5. Piece of mind. You should do the same.

10yearsfxexpert

As it shows the picture, I think GBPUSD will go downside until 1.5000. It will take almost 3 weeks to arrive there, but it will touch this level. I entered short at 1.5280 with stop loss at 1.5375. I expect to take profit at 1.5000. It's an opportunity I can't miss. Risk/reward ratio is 7.58. Take it or leave it. :)) What do you think? P.S. MACD is bearishhhhhhhh a lot.

10yearsfxexpert

I just saw today the short opportunity which appeared on the daily chart. I like simple things so the chart has broken the 280 EMA. This is the signal that now you can sell because it will go down for al least 2 weeks from now on. What do you think?