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Re: MACD&RSI
Posted: Tue Jul 28, 2020 3:03 pm
by macd & rsi
macd & rsi wrote: Thu Jul 23, 2020 2:16 pm
#USD/JPY :
The pair can not break the 108.8 resistance and day by day it move bearishly .
At H4 we have two black trend line , which price can not pass them ,, I show on chart .
Weekly and Daily movings are above the price ,,,
I think the pair is bearish , but it needs trader's waiting .
I am selling now ,,with considering the MONEY MANAGEMENT ,,, CUZ STOP IS BIG !
STOP @ 108.80
TP @ 50 , 100 , 150 PIPS ,, 106.60 ,, 106 ,,, 105.20 , 103.50 ,, 101.30
H1 shows a remarkable divergence ,,, so I expect price has a correction to 106.30-106.10 ,, which is 50% fibo level , old support line now changes to resistance area ,, and SMA 21 ,,
I do not close my position , ,, lower my stop to 107.50 ,, and follow the bearish wave .
Re: MACD&RSI
Posted: Wed Jul 29, 2020 3:24 pm
by macd & rsi
#EUR/USD , #AUD/USD :
My trading system shows a divergence ,, and I see tiredness in price ,
and of course my opinion can be wrong ,, because technical analyses is based on statistics and can be wrong .
I close all of my position ,, and wait for a new movement ..
If system shows price continues the trend , I enter again .
Re: MACD&RSI
Posted: Thu Jul 30, 2020 5:00 pm
by macd & rsi
#EUR/USD #GBP/USD #AUD/USD #USD/JPY
Step by step ,, I am buying and stops are ::
1.1650 ,,,,,,,,,,, 1.2650,,,,,,,,,,,0.6990,,,,,,,,,,106.10
Re: MACD&RSI
Posted: Thu Jul 30, 2020 10:16 pm
by macd & rsi
macd & rsi wrote: Thu Jul 30, 2020 5:00 pm
#EUR/USD #GBP/USD #AUD/USD #USD/JPY
Step by step ,, I am buying and stops are ::
1.1650 ,,,,,,,,,,, 1.2650,,,,,,,,,,,0.6990,,,,,,,,,,106.10
I closed all position with -10 or -20 pips .
gold and silver shows a bearish move.
Re: MACD&RSI
Posted: Mon Aug 03, 2020 3:52 pm
by macd & rsi
#EUR/USD :
Friday , it showed a very sharp move , in spite of the divergence of bbsqueeze ( probability of forex market ) ,, but at the end of day , price did a sharp bearish move .
Now price is near to its support line 1.1740 ,, and If it will break it , price can go down to 1.16 ,, 1.1480 .
Main wave is absolutely bullish , then every sell position should have a little stop .
If my trading system @ H4 shows sell signal , I follow it by little stops and targets ....
Re: MACD&RSI
Posted: Mon Aug 03, 2020 4:04 pm
by macd & rsi
macd & rsi wrote: Mon Aug 03, 2020 3:52 pm
#EUR/USD :
Friday , it showed a very sharp move , in spite of the divergence of bbsqueeze ( probability of forex market ) ,, but at the end of day , price did a sharp bearish move .
Now price is near to its support line 1.1740 ,, and If it will break it , price can go down to 1.16 ,, 1.1480 .
Main wave is absolutely bullish , then every sell position should have a little stop .
If my trading system @ H4 shows sell signal , I follow it by little stops and targets ....
Maybe trader can buy step by step from there with stop @1.1480 . Or follow the H1 and waiting for buy signal ,,, cuz bullish wave is very strong , and sell position is in high risk .
Re: MACD&RSI
Posted: Mon Aug 03, 2020 4:13 pm
by macd & rsi
macd & rsi wrote: Tue Jul 28, 2020 3:03 pm
H1 shows a remarkable divergence ,,, so I expect price has a correction to 106.30-106.10 ,, which is 50% fibo level , old support line now changes to resistance area ,, and SMA 21 ,,
I do not close my position , ,, lower my stop to 107.50 ,, and follow the bearish wave .
Price reached that resistance area ,, but bbsqueeze is very bullish ,, I am waiting for good entry point ,, those sharp moves most of the time ,, are not profitable for retail traders like me . So I should stay away , and waiting for calm market .
Re: MACD&RSI
Posted: Mon Aug 03, 2020 5:46 pm
by moey_dw
macd & rsi wrote: Mon Aug 03, 2020 4:04 pm
Maybe trader can buy step by step from there with stop @1.1480 . Or follow the H1 and waiting for buy signal ,,, cuz bullish wave is very strong , and sell position is in high risk .
brother macd................ best luckkk for this week sir................ following u trades
Re: MACD&RSI
Posted: Mon Aug 03, 2020 8:42 pm
by macd & rsi
Thank you very much , my friend !!
I start my week by selling AUD :
TP @ 0.7050--0.70 ,......
stop @ 0.7180
If price goes lower I sell much more
Re: MACD&RSI
Posted: Tue Aug 04, 2020 12:54 am
by macd & rsi
macd & rsi wrote: Mon Aug 03, 2020 8:42 pm
Thank you very much , my friend !!
I start my week by selling AUD :
TP @ 0.7050--0.70 ,......
stop @ 0.7180
If price goes lower I sell much more
As I said ,because of bullish main trend , I put little target .. So I close all sell position with +15-20 pips