The week of 15-19 August destroyed the monthly gains of the Euro Dollar. After the correction to a maximum of 1.0368, the Euro dollar is again trying to return to the 1.000 value. It can be concluded already after the breakout of the EMA 100 and EMA ...

Pips, charts and trades

The first 2 trades in August with profit of 6.5%. This pace will fulfill this month's trading plan and possibly cover the lower figures in the previous one. Updated information about the latest trades is already on my website. image

Pips, charts and trades

Euro Dollar narrows the amplitude channel. A narrowing of the channel, or a decrease in the amplitude of market fluctuations, especially with a horizontal or close to horizontal movement, is always a very clear sign of further impulse that, like a ...

Pips, charts and trades

Euro dollar may continue to rise after a temporary correction. This prediction can be made according to a fairly clear MACD signal on the hourly chart. EMA 100 and EMA 200 indicators on the hourly and four-hour charts will help to finally decide on ...

Pips, charts and trades

Trading profit / loss analysis of 4 latest trades Analysing trades over the past week has shown some interesting facts that I would like to share. These trades showed the imperfection of the trading system, and also, will allow me to continue ...

Profit / Loss Analysis

July showed me some important points to work on and I will make a post about it at the beginning of August, because post-trading analysis is very important for me and is a base process in improving a trading system. The July result is 7.8%, which is ...

Pips, charts and trades

The risk reward ratio perfectly characterizes trading in money management aspect. I try to adhere 3:1 in my trading plan and get my real average 2.6:1. The win rate is 68% for now, dropped from 70% during the last 3 months. 264 trades

What is your win rate and risk reward ratio?

I often encounter false breakouts as key levels are essential to me during analysis. In order to minimize the chance of getting caught on a false breakout, I receive signals from several MACD, RSI, EMA indicators. they all have levels in their ...

Differences between a strong breakout vs a fakeout

Analysis of the mistake on July 12 Dollar Yen buy trade. After a short-term decline on the 30-minute chart, I saw the possibility of a narrowing correction and further growth in line with the main trend. I planned to trade inside the correction and ...

Profit / Loss Analysis

The pound dollar trade analysis. a brief analysis of my decision on the recent pound dollar trade May 13. 1.21809 is opening price near the key support level at 1.2173, it can be visible on 15 minutes. The currency pair started a consolidation, and ...

Pips, charts and trades

The positive part of my prev. Euro analysis has been fulfilled and the Euro Franc has now reached 1.05 where it met the EMA 200 on the daily chart. I’m looking at the next key resistance at 1.06, where the pair was last time back in February. The ...

Pips, charts and trades

The previous forecast of the euro franc downtrend was correct. The currency pair really lost the support of the channel and continued its fall. Now I propose to look at the situation more broadly. It should be important that in the higher term, an ...

Pips, charts and trades

The situation on the euro franc pair looks like a turning point. The line of the thread, (draw it through the point of the previous correction), has lost its support and the channel is no longer holding back the price. MACD indicates that the signal ...

Pips, charts and trades

The position of the euro yen today creates an opportunity to sell within the current correction. The 30 minute EMA 100 is now trying to keep pressure on the 136.100 level. And there is a prospect of maintaining this pressure and even a decline to ...

Pips, charts and trades

Pound Yen will try to expand the uptrend. Despite the fact that the pound yen is entering the overbought zone and expanding the upward channel, I do not rule out that the growth can continue to the key level of 155.200. This is evidenced by the MACD ...

Pips, charts and trades

Pound Yen The MACD indicators on the 30 minute and hour charts showed a buy signal, while the general trend direction on the four hour chart was consistent with this data, but the MACD just started to cross the signal line. The position of the chart ...

Profit / Loss Analysis

I am now trading dollar yen, which imo is going to fall to 114.0 The MACD crossed yesterday, the 100 EMA was crossed today on the 4-hour as additional confirmation.

Pips, charts and trades

Trading in November showed my inaccuracies in the system and the win/loss rate is 57%. The Nov month profitability is 6.55%, which does not meet my monthly goal. I have already analysed and processed my mistakes in setting take profit, assessing ...

Pips, charts and trades

The pound dollar trade displays a mistake in exit of the market. I was planning to close this trade at 1.3360. I took into account the fact that the price was near the EMA 200 and had just overcome the 38.2% retracement, which propose a clear sell. ...

Profit / Loss Analysis

This is what happens when no take profit is set. After the Euro Dollar dropped to its lowest in July 2020, I could close the trade with a much higher profit. Conclusion: use take profit if possible and correctly assess the market prospects. ...

Profit / Loss Analysis