aluotradingjournal

aluotradingjournal

USDCHF Entry Support level idea: 0.879000 Support TP Resistance level idea: Target 1: 0.895000 Target 2: 0.905000 Final SL for all Long positions: 0.872000 Support Level (Short Term) 0.867000 Support Level (Long term, final) USDCHF Trading idea comment: Major pairs include EURUSD, AUDUSD, GBPUSD, USDCAD, USDJPY, NZDUSD, and USDCHF. These are the...

aluotradingjournal

US Dollar index What happened to US Dollar index? Since ever US dollar index has broke the support level of the triangle in November 2020. The US dollar index has gone in a bearish trend. Until today on the 12th of January 2021, I was able to return to review the US dollar index chart, and realised there is some potential signal appearing on the MT4 monthly...

aluotradingjournal

GBPAUD Entry Support level idea: 1.743000 Support   TP Resistance level idea: Target 1: 1.77000 Ideal Target 2: 1.868500 (This will update over time if any change.)   Final SL for all Long positions: 1.739000 Support Level GBPAUD Trading idea comment: Over a long period of time for GBPAUD, it has been going in a bearish trend since April 2020. Finally, it...

aluotradingjournal

GBPNZD Entry Support Recommendation: 1.89250 TP Exit Resistance Recommendation: Resistance level Target 1: 1.92000 Resistance level Target 2: 1.95100 Final SL for all Long positions: 1.88000 ------- (Note: The forecast above is an estimation of the resistance/ support level for the Entry, TP, and SL. For more precise positions will depend on the shape...

aluotradingjournal Updated 

Looking at my previous Analysis and the indicator left on the chart. I believe it has been a great success trade. Where I would like to come back to update on USDCAD again. Lets pray for another big trend success ! I have been sharing the ideas in my WeChat group, but havent got a chance to update elsewhere. I'm doing my best to come back to show you all my...

aluotradingjournal

***XAUUSD *** Resistance Level Entry: 1717 (Depend on the Candlestick signal) SL (final point for changing in direction) : 1750 (Depend on the Candlestick signal) TP Resistance level (Ideal TP): in between 1626 ~ 1650 Comment: Since after the big drop of 30% with oil, gold spread has not been normal for most platforms. It will not be a considering instrument...

aluotradingjournal

***BTCUSD *** Resistance Level Entry: 9955 (Depend on the Candlestick signal) SL (final point for changing in direction) : 11010 (Depend on the Candlestick signal) TP Resistance level (Ideal TP): 7305 Comment: Bitcoin is currently going on its triangle channelling, there is a possible opportunity to short Bitcoin if it once again reach 9955 resistance level....

aluotradingjournal

***GBPAUD *** (The first analysis that happened with GBPAUD happened on the 20th of Feb 2020 in WeChat. I would like to keep a record on Tradingview for future journal reference) Resistance Level Entry: 2.0200 ~ 2.05300 (Depend on the Candlestick signal) SL (final point for changing in direction) : 2.08900 (Depend on the Candlestick signal) TP Resistance...

aluotradingjournal

Hi All, Its been a while again. Here are some long term thoughts of AUDUSD -------------------- AUDUSD Main Trend for long term: Long Position Support Entry - 0.6000 ~ 0.61650 (Depends on the candle stick where it retrace) SL Support Level: 0.59000 TP Resistance level: 0.67100 Notes: Usually I have a final destination if the trend will go one direction, and...

aluotradingjournal Updated 

Looking at my previous Analysis and the indicator left on the chart. I believe it has been a great success trade. Where I would like to come back to update on USDCAD again. Lets pray for another big trend success ! I have been sharing the ideas in my WeChat group, but havent got a chance to update elsewhere. I'm doing my best to come back to show you all my...

aluotradingjournal

Looking at my previous Analysis and the indicator left on the chart. I believe it has been a great success trade. Where I would like to come back to update on USDCAD again. Lets pray for another big trend success ! I have been sharing the ideas in my WeChat group, but havent got a chance to update elsewhere. I'm doing my best to come back to show you all my...

aluotradingjournal

Hi All, Its been a while again. Here are some long term thoughts of AUDUSD -------------------- AUDUSD Main Trend for long term: Long Position Support Entry - 0.6000 ~ 0.61650 (Depends on the candle stick where it retrace) SL Support Level: 0.59000 TP Resistance level: 0.67100 Notes: Usually I have a final destination if the trend will go one direction,...

aluotradingjournal

After the 1595 resistance breakout, gold boost up in a bullish trend. Currently there is no signals for any Short positions. To trade a short, I would look at, atleast a bearish candlestick formed on the weekly chart. Then the week after I will start try for the short position. Otherwise, for the current case, it's an endless long position. Disclaimer:...

aluotradingjournal

Been a while again guys, It has been a tough month to begin with, having to fight against the AUDUSD last week to seek for the best support level, and the NFP gave quite a tough decision making for me last week. As my plan for AUDUSD were, anything that does not surpass 0.66666, it will be a long position until 0.67700 for short term, and approx. 0.700 for the...

aluotradingjournal

Gold made its way down to 1573 and a weakening signal has appeared for the next retracement Long term trend with gold still does not change if it does not breakout 1590~1592. The next retracement i am looking at for todays current case, is at 1584, still aiming for the same, near 1568~1569 for short term. Lets hope this market price action gives me a good lunch...

aluotradingjournal Updated 

This idea was first given on the 15th of Jan, 2020 on WeChat VIP Group as a journal record. Currently I am making a future prediction on how USDCAD will go, and what I am planning to do with my trade. I will await for the signal to create a support level at its entry point near 1.29600 before a long position will be placed. My stop loss would be approx....

aluotradingjournal Updated 

Hi All, Its Luo here ! looks like im not a good blogger at all. XAGUSD was mentioned in the other chat and kept as a journal on WeChat Diamond Group on the 13th of Jan, 2020 with record. The Idea for XAGUSD are: Short Pending order : 18.15 SL : 19.00 TP : 17.30 This was analysed on the 13th, before the first trend that actually hit 18.15, and then after...

aluotradingjournal

Hi All, I have got comments saying making a new post with my ideas on trades will be easier than me writing comments on my previous posts. Just a update on the current gold situation. Gold finally popped up to the last stage of its resistance level, and went up to its highest around 1588 (lucky it did not break 1590), and I started to give it a go to make a...