Over 20 years in trading
After the 1.2 trillion euros ‘QE rumor’ was out from bbg, I decided to trade EUR/AUD and took 167 pips at the end of the day! I waited for the market to settle down and digest the news, find the entry level at 1.4161 and protect the order just few minutes latter at +25 pips. 1.4210 was important support level
Read moreSilver manage to catch a very important level, previous strong support from June and December 2013. and from April., May., June 2014. – 18.20/60! This level should be a strong resistance, but silver is following gold on the way up and, if the bulls could broke this resistance, it could become a strong support again. Interesting days are coming up,
Read moreAmaizing gold trade today, with very low -30 pips risk and 200+ pips target, closed just bellow my TP. This was 1:7 RR ratio setup, with entry at 1273.37, SL at 1270, TP at 1295.00. I decided to close the position at 1291.13 after my TP was missed for only 2 usd or 20 pips. It looks like that target
Read moreWow, wow, wow! Is that surprise or what!? EUR/CHF falls to 1.0200, USD/CHF to 0.8400! Is this might be expected? I wrote how the peg is in danger for two times in the last 30 days and how the SNB is doing everything to save it. Well, they obviously decided to remove the same. Edit: It seams that EUR/CHF is
Read moreI traded gold today again and quickly took a 100 pips profit, here is how I did it. After the gold was well supported at 1226 for 4 times I decided to enter long at 1228.50 with SL near below previous 4 supports. Gold start to rise before US retail sales data and after the data gold growth accelarated to 1244. My
Read moreLet me show you and explain my 200 pips golden trade from January 05./06. Maybe you can apply this strategy in your next trades. After gold didn’t manage to brake H4 MA100/200 in the morning i knew that gold will pull back and try to find new lower support level from where will bounce up again. That level was 1187/88
Read moreUSD/JPY has erased complete loss from December 15./16. fall. At this moments the pair has aproached at resistance area 119.00/50 and if it fails to brake that resistance, we have a possible reverse (inverse) head and shoulder formation!? Wach carefully this ‘neckline level’. If that level brakes, fureder gain and new hights toward 121/122 are possible.
Read moreI wrote before two days, that SNB’s peg is in danger and that SNB must be on alert! Whell, SNB defended the peg today by cuting rates at negative (-0,25%). The pair is literally jumped 90 pips in 10 minutes, but I didn’t want to write anything before it’s settles down. Celebration didn’t last long and the pair is pulled
Read moreWith 1.2004 low today, SNB can’t be peaceful and must be on the alert. Is the peg in danger and can it be broken? If we can remember April 05. 2012. yes it can! With low 1.997 at that day, we sow that ‘the miracle’ is possible here. I read one time, that SNB stands at 1.2 with 40 billion euros,
Read moreAfter I was made my previous analysis on gold and sow what could happen here today, I decided to trade my favorite precious metal, but after the NFP data. I waited for data to come out and let the market setlle down for a 15 minutes, when I decided to open my long position at 1149. I protect my long
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Forex Trader 