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- LukaPetek replied Jun 23, 2024
for next week . 1) try to buy for retest of 1.269-1.27 area then resume sell for 1.2596 and 1.257 around target 2) if this start drop then try to sell till 1.2596 and 1.257 around area to complete the pattern breakout drop then start buying for ...
Cable Update (GBPUSD)
- LukaPetek replied Jun 23, 2024
Don’t become trapped like those who sold below 150 thinking BOJ will intervene or that the rate hike will push it down instead it went up a 1000 pips, 160 is about to become history like 150 and price will rally above it and u will be holding sells ...
USD/JPY Discussion
- LukaPetek replied Jun 15, 2024
There is no correct answer to that question. There are several good and proven brokers. Which one is the best depends on your capital, what leverage you want, what your strategy is, etc.
Best Broker?
- LukaPetek replied Jun 15, 2024
I don't know if you will be able to find a broker who gives leverage 1:500 on cryptocurrencies (regardless if it's a weekend or not) everyone is careful when it comes to cryptocurrencies. Over the weekend, I spend some time playing with trading ...
Brokers for crypto trading during weekends
- LukaPetek replied Jun 15, 2024
Big support at 1.0650, Wednesday proved deep retracements can happen with particular data, but for now I wouldn't bet against the 1WRSI that currently points to sells since last Sunday.
EURUSD only
- LukaPetek replied Jun 15, 2024
While all the central banks are moving the interest rate lower due to economic slowdown with the exception of Japan and its uniqueness. The trend is already cleared in USD/JPY direction and not speculation, thus for the folks think that USD/JPY will ...
USD/JPY Discussion
- LukaPetek replied Jun 12, 2024
Boj needs to support the yen and raise interest rates slowly because they are too late to keep up with the fed's interest rates, otherwise all the effort is in vain when the exchange rate will help US inflation move to Japan
USD/JPY Discussion
- LukaPetek replied Jun 11, 2024
I'm still waiting for H4 Green Zone to be re-entered, then D1 Green Zone to be re-entered, then W1 Green Zone to be re-entered. 1.0800s, 1.0900s, 1.1000s in attempted return before or after the U.S. CPI and Fed Interest Rate Decision
EURUSD only
- LukaPetek replied Jun 10, 2024
EURUSD supposed to drop slowly under 1.07 but today on market opening it dropped with 25 pips gap which is surprising because this pair hardly drops this much with the gap and it never returns to it gap to fill. Now more sellers are entering ...
Only EURUSD
- LukaPetek replied Jun 10, 2024
For every 4h candle that can't break 1.0765 that is resistance getting stronger, but there is still a gap to fill and 1.0733 to break! I'm currently in a US30 trade, its messing around, but in fairness my entry was not that clean, and the US10yr ...
EURUSD only
- LukaPetek replied Jun 10, 2024
Inflation in Japan is not too high, banks' interest rates are still neutral, they need to increase the exchange rate to improve their business because Japan's GDP will increase sharply
GBPJPY
- LukaPetek replied Jun 10, 2024
BoJ has only one option how to support yen, sell huge amounts of bonds and reduce their buying. Rates doesn't come to play now. Dollar aiming 106, Macron betrayed euro, BoJ so carefully of everything, well without first stated this will go only up. ...
USD/JPY Discussion
- LukaPetek replied Jun 10, 2024
in weekly perspective GU made last year also fake breaks and drop hard this year we have seen drop below of 1.26 but it reclaiming it indicates possible fake break below 1.26 area . to prove this it required retest of 1.26 around area and reject ...
GBP/USD and EUR/USD
- LukaPetek replied Jun 9, 2024
On Binance you will have better trading codnitions, but forex brokers will give you better leverage (in some cases that is disadvantage).
Which broker should I use to trade BTC?
- LukaPetek replied Jun 9, 2024
I don't use stop loss, I do headging instead I use several techniques depending on market condition.
Do you use stoploss?
- LukaPetek replied Jun 9, 2024
Next Wednesday Eurozone and US CPI , but mostly the Fed rates decision , can fully bounce the Euro above 1.09 towards 1.10 - The Weekly Technical picture remains bullish.
EURUSD Only
- LukaPetek replied Jun 9, 2024
random trading (scalping + hedging) on a small cent account, without any analysis or philosophizing gives me the best results
Hedging/averaging trades without prediction
- LukaPetek replied Jun 9, 2024
in higher time frame , it is in tringle of 2023 trendlines , and also to be note there is one BOS test is pending at 1.26 around giving fib 50% around area, 200EMA and BOS in weekly structure . so expecting market will retrace then towards up trend ...
Cable Update (GBPUSD)