Mytrader_FX

Mytrader_FX

BTC is in range. Need to wait for it to break trendline before making decision

Mytrader_FX

Peluang beli di zon 0.765. ZOn ini bertindih dengan POC yang merupakan support kuat. Beli di zon ini ada sedikit risiko kerana harga mungkin akan menjunam untuk menguji aras 0.75. Namun demikian, apa kita boleh buat ialah menunngu bulis rejection candle muncul.

Mytrader_FX

Peluang jual di zone 1.34. ZOn bertindih dengan POC yang merupakan resistance kuat. Kita tunggu rejection candle yang lebih ketara sebelum masuk posisi jual.

Mytrader_FX

Peluang jual di zon 1.71. Zon ini bertindih dengan POC dan juga merupakan resistance yang kuat. Terbentuknya beberapa bearis rejection candle.

Mytrader_FX

Short opportunity at zon 1.751. This resistance level is supported by POC and bearish rejection candles.

Mytrader_FX

JPY has shown sign of weakness at the start of London session. I bought AUDJPY because it is the strongest currency at that moment.

Mytrader_FX

USD strengthen during the New York Session while GBP has been weak throughout the day. Let us see how it will turn out.

Mytrader_FX

During Asian session, we could see the EUR strengthen and JPY weakens. In addition, buying EURJPY also aligns with its overall bullish trend. We shall see how it turns out.

Mytrader_FX

Updated 

Buy USDCHF in favor of USD to continue to soar. Similar trade to my EURUSD short.

Mytrader_FX

Updated 

I have entered a few positions during the Asian session in favor of USD going up. I was looking at EURUSD, USDCHF and USDJPY based the strategy i shared.

Mytrader_FX

Updated 

1) Weak USD and Strong JPY 2) In the channel 3) Valid breakout

Mytrader_FX

Updated 

During the Asian session, we saw some strength in the AUD caused by the better than expected Trade Balance and some weakness in USD post FOMC statement. 0.77 is a level where the price will be rejected. Hence, it should be good level for us to exit our position

Mytrader_FX

My trading strategy: 1) Find the strongest and weakest currency for the day. If we pair the strongest with the weakest, there is a high probability that the price will continue to move in that direction. 2) Use channel to confirm the direction of the trade. 3) Determine if it is a valid breakout. 4) Make sure price hasn't moved too far. 5) Set my SL and...

Mytrader_FX

Updated 

Buying GBP against the weakened USD. I took a long trade during the middle of US session as the price breaks 1.25.

Mytrader_FX

Updated 

I have seen the weakness in USD and strength in JPY during the ASIAN session. I wanted to enter a short a position at 114 but the price did not retraces back to that level. As a result, i missed that trade. Going into US session, it seems that USD continued to weaken against JPY. Therefore, I decided to take short trade at 113 level. Target is about 100 pips.

Mytrader_FX

Updated 

GBPJPY and GBPCAD were in my radar at the start of London session.I chose GBPJPY because JPY was much weaker than CAD at the time of entry. In the end, it turns out that both pairs were not too bad. I am targeting a 1:1 risk reward ratio but i will be extra careful when price reaches 142.

Mytrader_FX

Updated 

USD has strengthened going into US session. USDJPY shoudl be able to hit 117.00 without much effort. Alternatively, we could also sell EURUSD.

Mytrader_FX

Updated 

During the Asian session, we started to see weakness in EUR and strength in AUD. As a result, the logical choice is to short EURAUD.