Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. Trading Area
  3. Trading Journal
  4. fragile trading journal

fragile trading journal

Discussion started on Trading Journal

Print
Pages: 1 ... 5 6 [7] 8 9 ... 20   Go Down

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
XAU USD is trading in a bearish channel on h4 time frame yesterday I have shared my analysis and the pair is really going accordingly. Yesterday it fell sharply from 1824 to 1787 level, and then it sharply corrected itself and got to 1813. Today the daily candle has closed below 1794 which is a good sign for the selling side. The bearish channel is still intact and according to that channel, it will go down more and will get to 1764 which is last year's low level. And today the way it is going seems like it will soon get there. I will be suggesting a sell trade on XAU USD for the next target 1764. 
#91 - February 17, 2021, 02:46:31 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
GBP USD pair was strong bullish in all time frame from last two weeks, and it has broken all major resistances in one shot and get to the top 1.3955. Now it is trading at 1.3852 level I have made my analysis on h4 time frame you can see this pair is holding below the trend line which shows some downside corrections. Also, it has broken the trend line now, and will go down. But be careful because the overall trend of GBP USD is strongly bullish it has the tendency to go upward and get to the weekly resistance of 1.4055.
#92 - February 18, 2021, 05:31:26 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
EUR JPY this pair also follows my analysis I have shared my analysis yesterday. I said we needed to sell this EUR JPY from the top it will sharply go down, and it exactly gets to the first target. My trade was in good profit, but I closed it manually though it would have hit my take profit level. But I?m happy with what I get, and I think it's a great achievement. This pair is still showing a bearish signal, and it will go down and will taste the support trend line for sure. 



#93 - February 18, 2021, 05:45:43 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
The XAU USD pair is going exactly the way I was expecting, yesterday it got to the bottom of the bearish channel and exactly touched the support trend line and then bounced. Currently, trading at 1783 level. I think it will start trading in this bearish channel for some time. If we see the simple moving average, it is yet resisting the XAU USD pair to the downside. But also one thing which needs our concern is the simple moving average is making an up curve, so, we need to wait for it. If it starts supporting the pair then XAU USD will rise again. And technically it is supposed to rise now because the support trend line is working their job accordingly. 



#94 - February 18, 2021, 06:23:52 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
The XAU USD pair has been closed at 1783, and yesterday it got to 1788, and then closed above 1770 which is a good sign for the bull continuation trend. I have made my analysis on EUR USD on a daily time frame. You can see this pair is trading in a bearish channel for a long time, and it has shown a very good rejection from the support. Last year's low level was 1764. On Thursday it touched 1766 and then settled above 1770. On a daily time frame, it seems to be bearish and will get to 1749 which is the next support of the channel. But if we look at the h4 time frame simple moving average starts supporting XAU USD which might push the pair upwards, and also it has a good rejection from the low level. I will be suggesting buy above 1785 with a stop loss of 1760. For the target 1800 to 1834. 
#95 - February 20, 2021, 06:34:36 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
EUR JPY pair is trading in a bullish channel, and the pair has been closed at 127.642 level. I have made my analysis on the h4 time frame you can see. Yesterday it had touched the upper trend line, and then rejected from the resistance, and showing bears now towards the support trend line. So I will be suggesting to sell the EUR JPY pair from the top for the first target of 126.550, and the stop loss should be at 128.540. We can trade inside the channel till the channel is intact. 
#96 - February 20, 2021, 06:36:27 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
The NZD USD pair has been trading in a strong bullish trend for a long time. You can see the bullish candle on the daily time frame, and it got up without any downside corrections. Weekly candles have been closed at 0.7298 level. If you see the h4 time frame yesterday NZD USD sharply got up and touched the top. It has two long bullish candles on h4. I?m strongly on the bullish side of NZD USD and I will be suggesting buying entry on this pair for the next resistance 0.75670 level. I'm sure it will soon get there.
#97 - February 20, 2021, 07:04:39 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
USD JPY has been closed at 105.55 level. We can see this pair is holding above the trend line here. We need to wait for the breakout once it breaks then we can take a sell trade on USD JPY. I have made my analysis on the h4 time frame you can see that this pair is trading above the trend line. On h4 time frame the 50EMA is showing down signal it will go down more, also USD X is losing its strength that is also negative for USD JPY. I will be suggesting sell trade on USD JPY and this will hopefully get you a good profit. 

GBP USD is trading in a strong bullish trend for a long time, and it has broken all major resistance and hold above the 1.400 level which shows bulls continuation. I do not know exactly the fundamental reason for this huge bull in the GBP USD pair but its strongly bullish just go with the trend and get the profit. Going against the trend can be dangerous. Last week I already got a margin call from GBP USD that?s why I won?t suggest selling trade at this level unless we get a clear signal.
#98 - February 21, 2021, 11:13:10 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
GBP USD is trading in a strong bullish trend for a long time, and it has broken all major resistance and hold above the 1.400 level which shows bulls continuation. I do not know exactly the fundamental reason for this huge bull in the GBP USD pair but its strongly bullish just go with the trend and get the profit. Going against the trend can be dangerous. Last week I already got a margin call from GBP USD that?s why I won?t suggest selling trade at this level unless we get a clear signal.
#99 - February 21, 2021, 11:14:47 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
Silver usually moving with gold if gold goes up silver also goes up but if gold goes down silver also goes down. I have made my analysis on silver on h4 time frame you can see that this pair trapped in a triangle we need to wait for this triangle to break. Once it breaks, then we can trade accordingly. What I expect from silver it will stay in this triangle for some time and when it completes the triangle then it will try to break. Once it confirms, the breakout then we can trade accordingly. Before that, I won't suggest sell or buy we need to wait for the confirmation signal. These days already the market is very unpredictable, and it can be really harmful to small accounts.
#100 - February 21, 2021, 11:16:53 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
EUR JPY pair is trading in a bullish channel for a long time, and it has given us very nice big and sell trade on previous days. Like selling from the top of the channel and buying from a low level of the channel. Currently, trading at 128.100 level which seems closer to the top again. Let it get to the top once it reaches then I will be suggesting sell from the top for the first target 126.450. Will hopefully get that. We need to be very careful while trading these days as the market is very unpredictable anything can happen.
#101 - February 22, 2021, 05:14:07 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
XAU USD pair is trading in a bearish channel on a daily time frame you can see this in my chart. From Thursday, it is moving on sideways but overall seems bearish on a daily time frame. But if we look at the h4 time frame this pair is giving us a good buy signal. For bullish continuation we need to wait for it if XAU USD started holding above 1785 then we take buy trade from a low level will hopefully get you a good profit. But if it breaks 1764 level which is the current support and last year?s low level, then will go down more and will taste 1700 for sure. USD X is losing its strength which seems to be positive for XAU USD, USD X loses more than XAU USD will gain for sure. 
#102 - February 22, 2021, 06:18:40 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
NZD USD crosses above January?s high to reach the highest level. New Zealand has been bid in recent days with commodities rallying on expectations for economic recovery. ?We now believe that the government?s credit metrics can withstand potential damage from negative shocks to the economy,? the country has been able to contain the coronavirus better than most others. The economy is recovering relatively quickly. NZD USD pair is currently trading at 0.7310 level and on a daily time frame, this pair is strongly bullish and will continue its bullish rally. I will be suggesting going with the trend and buy this pair from a low level will hopefully get you a good profit. I will also enter a trade once it gets to the perfect place if entry. 
#103 - February 22, 2021, 06:20:33 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
EUR JPY pair is trading in a nice channel which I have shared a few times and the channel is still intact, and we can trade accordingly. Yesterday was a good entry time as I have mentioned in my thread to sell it from the top, and it went well. I would congratulate those who followed that analysis and made some good profit. I have made my analysis on the h4 time frame you can see this pair yesterday get down well, and now it again shows a good sale signal. You can see in my chart the simple moving average is resisting the pair, and I?m sure it will push it more downward. So, I will be suggesting sell entry on EUR JPY from currant price will hopefully get you a good profit.
#104 - February 23, 2021, 05:32:07 AM
Attachments:

fragile

  • Sr. Member
  • Posts: 329
  • Points: 2864
  • Likes Received: 109
  • Reputation: +0/-0
USD JPY last week I have made my analysis on USD JPY. I mentioned the area of selling it from the top, and it exactly gets down yesterday and touched the bottom trend line. Here we need to wait for the clear break out if USD JPY breaks below this trend line and confirm the breakout. Then I will be suggesting a sale entry on USD JPY for the next target 103.450. It should be noted that the MACD turns red for the first time in nearly two months and hence keep the seller?s hopeful of breaking 104.80 support. Yesterday I had a sell trade on a demo account which went well and hit the target. I wish I would follow that analysis on my real account. But anyway, it?s fine sometimes we missed a good trade setup for some good fortune which we don?t know, and we think it wasn?t good. But we don?t know what is good for our future and whatnot. 
#105 - February 23, 2021, 05:37:02 AM
Attachments:
Print
Pages: 1 ... 5 6 [7] 8 9 ... 20   Go Up
  1. Forex Zone - Forex Forum
  2. Trading Area
  3. Trading Journal
  4. fragile trading journal

Members:

0 Members and 2 Guests are viewing this topic.


fragile trading journal in Trading Journal_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: