MasaFX

MasaFX

An important resistance at around 143.00 is going to be broken to upward. I just set the long limit at 143.00. if it's really broken, the pair is going to be bought by many traders. 1. Sellers are going to cut their losses after break out. = buy 2. New traders going to buy. 3. Sellers having their position above 143 are going to take their profit. Let's see...

MasaFX

I just got the long position at 115.14 lets see how it goes !

MasaFX

First Entry was at 141.03 The second where I just entered was at 142.01 Probably, the mass of the traders wanted to sell when the price was going around 140.50 because there's big support line at 140.44 and big resistance line above at 140.95. I knew the price wanted to go up cause the price had been stopped for 3 times at the purple support line. I decided to...

MasaFX

Today's trade was very good. I had set the buy limit above the most recent highs which is around 1.18300. Greatly, the price had hiked and took profit at 1.18800 which was the highest highs at.

MasaFX Updated 

Entry @ 0.9209 Trading reason: 1. First of all, the uptrend in the longer legs have been kept for long while. 2. The pull back didn't come back deeply and started going up again. 3. In the short leg, you can see that low started making new higher lows (double bottom). you can see the buying pressure is still big even the pull back didn't make so deep against...

MasaFX

According to the strong uptrend since the first of July, it's better to find some buying point. The range with no pull-back deeply means buying pressure is bigger than selling pressure and I recognize this short/small range is the evidence of which big trader made accumulation again in there. I hope the price will break out the resistance easily and sooner or...

MasaFX Updated 

This is the picture what I am predicting the further movement. lets see how it gonna move

MasaFX

This is the pattern/setup I often take potion and close position. Formed the double top at the top and made the double bottom and lower lows updated new higher low, which means buying pressure is bigger ( selling pressure is getting weaken.) Then broke out the higher high showed as an orange line in the pic. = taking profit point if you are selling.

MasaFX

There is a support line around 1270 where I am thinking to buy. But in 1 hour chart, there seems the prices has been supported well and made the shape of W. So before the price going down to 1270, probably traders going to buy now. I placed long order at 1274 for 1/3 lot of that I am thinking to put in the market.