Forex Zone - Forex Forum

fragile trading journal

Discussion started on Trading Journal

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
USD CAD currently trading at 1.253 levels yesterday it got to 1.2500. 1.250 is the support of USD CAD, and I was sure it won?t break it down. I have made my analysis on a daily time frame, and you can see that this pair is holding above the trend line. From last week this pair is trading sideways but have successfully hooded above the trend line. What I?m expecting from the USD CAD pair is a bullish trend continuation, and I?m sure it will go up and will target 1.2800 soon. I?m already holding my buy trade which is currently trading in loss, but I?m hopeful it will rise up and will target my take profit levels. Also, USD X will gain a lot and that is also positive for USD CAD pairs. 



#211 - April 06, 2021, 05:22:29 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
The GBP USD pair yesterday started its upward corrections and got to 1.3910 levels. And now GBP USD is trading at 1.3900 levels. I have made my analysis on a daily time frame. This pair has been reached the break-out point. And now it will surely turn to the downside and will go down for a long time. I?m already holding my sell trades. And my first target is 1.3600. And once it breaks that support, I will hold my trade for the next support. In my chart, you have drawn the trend line and GBP USD has successfully touched it. I?m so hopeful that it will surely push it down because this is pretty strong resistance and GBP USD will go down for the long term. My suggestions would be long-term sell trade on GBP USD. 



#212 - April 06, 2021, 05:24:59 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
EUR JPY pair is moving sideways from the start day of the week. I have made my analysis on the h4 time frame, and you can see that this pair is currently trading at 130.26 level. EUR JPY pair is trading in a bullish channel. And according to the channel it has no support zone here we have to wait for the pair if it breaks below the channel then will go down and will target 128.34 levels. But if it didn?t then it would remain inside this channel and rise to the top. More chances are that it will break the channel down.
#213 - April 07, 2021, 04:49:30 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
The GBP JPY pair is trading in a strong bullish trend for the last few months, and it has started its up journey from 141.45 levels and touched a few years high 153.34. Last week after touching 153.34 levels it has been rejected from that resistance. This is weekly resistance and will surely push the pair to the downside. Currently trading at 151.34 levels. And I will be suggesting selling around 151.55. Already it has broken the trend line down. So best would be to sell it from the top for the first target 149.23. 



#214 - April 07, 2021, 04:51:19 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
GBP CAD pair is trading at 1.73956 levels. I have made my analysis on a daily time frame. You can see that this pair is trading below the channel. Last week it successfully broke the channel downward. Also, simple moving average and EMA50 is resisting the candle downward. I will be suggesting that the sell trade on GBP CAD will hopefully go down and will get us a good profit. 



#215 - April 07, 2021, 04:53:01 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
GBP USD pair is currently trading at 1.38273 level. From last week it is moving sideways and the range is between 1.3923 and 1.3800. Yesterday it was going well, and I thought it would break the sideways movement, but it didn?t and again rose up.  I have opened a sell trade on GBP USD yesterday. Then kept my stop loss at the entry point. But just then after a few hours, my stop loss got hit. It is not a big deal. I will sell the GBP USD pair again. I have made my analysis on the daily time frame you can see this pair is moving in a bullish channel and last week it has successfully broken the channel. Yesterday it has successfully touched the broken area 1.3920 and now trading below that is a pretty good sign for more bears. Furthermore, I will sell this pair around 1.3856 level once it gets there. And my target will be 1.3600. 



#216 - April 07, 2021, 04:55:29 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
EUR USD pair is currently trading at 1.18698 levels. I have made my analysis on a daily time frame. This pair is trading in a bearish channel. And according to the channel the pair will go up and will target 1.19200 there it will touch the strong resistance, and I?m sure it won?t be able to break it above. So 1.1910 will be a good place to sell a trade. With stop loss 1.1977 and for the first target 1.1800. And the second would be 1.17340. The EUR USD pair is trading in a sideways movement. We need to wait for the clear single then trade accordingly. 
#217 - April 08, 2021, 05:14:26 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
The GBP USD pair yesterday went down really well. I have made my analysis yesterday and shared it here. This pair is really going according to my expectations. I have sold trades on GBP USD pairs around 1.3820 levels. And I?m currently in floating profit. I won?t close it manually as I am sure it will go down more and will target my take profit level. I have made my analysis on a daily time frame. You can see that the GBP USD pair is trading in a channel and last week it successfully broke it and now will go down for a long time. I would be suggesting to sell trade on GBP USD and will say hold your sell trade for a long term.
#218 - April 08, 2021, 05:15:58 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
XAU USD is currently trading at 1739 levels. I have made my analysis on a daily time frame. This pair is trading at the bearish channel and last week it has bounced off from its support 1676 and straight went up and touched 1740 levels. So now looking at the daily chart it will rise up till 1760 and will touch the trend line and then will go down. But looking at the h4 time frame, the simple moving average is resisting the pair to the downside and also EMA50. So on h4 time frame, it has chances that will push it downward. But in the daily time frame, we can go with bulls till 1760. 




#219 - April 08, 2021, 05:17:42 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
GBP USD pairs have successfully broken the channel and confirmed the breakout on a daily time frame. Yesterday it got to 1.3810 level but then got up and got to 1.3867 levels. Currently trading at 1.3834 levels I have already sold the pair around this area. And my target is 1.3600. I?m sure the GBP USD pair will go down. This pair was trading in a bullish channel. The channel is broken now and will continue its downward journey. Yesterday I got some good profit from GBP USD and now again I have a sell trade on GBP USD. I hope it will get my target.
#220 - April 09, 2021, 04:48:19 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
EUR USD pair is currently trading at 1.1902 levels. Yesterday I shared my analysis and I have mentioned in my analysis to buy the pair for the target 1.1923 levels. And it exactly gets there and now shows some down signal. I have made my analysis on a daily time frame, and you can see that this pair has successfully touched the trend line of the channel. And now showing a sell signal. I?m sure it will go down now. I wanted to sell it around 1.1923 level, but I have running trades and my capital isn?t that big that?s why I want to play safe. 



#221 - April 09, 2021, 05:34:35 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
GOLD is trading at 1752 levels yesterday it has touched the few weeks top at 1757. And then currently doing some sort of downside corrections on h1. What I?m expecting from GOLD is first it will go up and will touch the upper trend line at 1760 to 1775 then it will go down. So right now we can buy it from a low level then sell it from the top. I will be suggesting to wait for it. Once it gets to the top 1775, 1765 then sells the pair with a target of 1700. Also, USD X is losing its strength which will help GOLD to get to its top 1775. I have made my analysis on a daily chart. GOLD is trading in a channel and the trade setup is also according to this channel. I hope it helps you. 



#222 - April 09, 2021, 05:37:48 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
USD CAD I?m actually stuck in USD CAD trading rim holding this buy trade from last week. But for the last two weeks, this pair has been moving sideways. I have made my analysis on a daily time frame. USD CAD has been closed at 1.2525 level. According to the channel, there are more chances that USD CAD moved downward and touched its bottom at 1.2400. But actually, it is moving sideways, so it can blow upward and once it breaks above 1.2665 level then nothing will stop this pair from reaching 1.28450 resistance. Here I will suggest waiting for the clear signal don?t get stuck like me and then trade on the confirmation signal.
#223 - April 10, 2021, 05:03:59 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
EUR USD pair trading in a bearish channel on h4 and also on a daily time frame. I have made my analysis on the h4 EUR USD pair which has been closed at 1.1896 level. You can see in my chart this pair has successfully touched the top of the channel. This is also very strong resistance, what I?m expecting from EUR USD is to go down from here. Also, simple moving average and EMA50 is resisting the pair and will surely push it downward. I will be suggesting to sell trade on EUR USD for the first target of 1.1800 and once it breaks that level then will suggest holding your sell for the next target of 1.1700. 



#224 - April 10, 2021, 05:06:47 AM
Attachments:

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
GOLD is moving in sideways and the trading range is between 1750 and 1730. Yesterday I had a sell trade on GOLD from 1745 and my stop loss was at 1749 it was a short-term trade I had set my take profit level at 1730. Though my setup was perfect it exactly hit my target but before getting my target it hit my stop loss and I got some loss from GOLD. Anyway, it?s not that big loss I?m sure I will recover it soon. I have made my analysis of the daily time frame. GOLD is trading in a bearish channel, and it is going towards the upper trend line. I?m sure it will touch it and then will go down according to the channel. Here I will suggest waiting for GOLD to get to the top and then sell it from the top for the target 1700. I will surely enter into sell trade once it gets to my expected area. 



#225 - April 10, 2021, 05:10:01 AM
Attachments:

Members:

0 Members and 1 Guest are viewing this topic.