Exchange Blog Cryptocurrency Blog
pepy
-
Posts
11,503 -
Joined
-
Last visited
-
Days Won
5
Everything posted by pepy
-
On 1 hour time frame it seems that AUDUSD is falling down through the lower level and break the middle band down to lower channel and closed there. Macd (12,26,9) in this 1 hour chart formed lower low on the red zone which makes it bearish. RSI (14) seems fall down to level 41, while Stochastic (5,3,3) fall down to level 21. If the price falls below the psychological level at 0.7600 then it could target the next support at 0.7579.
-
AUDJPY pair fell sharply this morning after breaking through psychological support at 77.00, the price continued to decline reaching the area between 76.758. In this chart it seems that Macd (12,26,9) formed lowers low on red zone, while RSI(14) fall down to around level 39 while Stochastic(5,3,3) fall down to level 12. The bias is strong bearish with the bias towards 76.536.
-
Silver is totally bearish, there 2 candles spotted which are 2 big black candle and one of the candle break EMA100 and closed below. Parabolic SAR is moving above current price. RSI(14) observed to fall down to level 26 while Stochastic(5,3,3) fell down to level 20. MACD in this chart is forming lower low on red zone. Based on that all the bias is bearish and that next target maybe at 19.345
-
why many people see forex trade as gambling?
pepy replied to rockstar's topic in Forex General Discussion
That is why they turn forex as gambling which i think is not a really good idea, and if someone want to earn money from forex they should trade as trader not as gamblers. Gamblers chance to earn is quite big if they applied some math skills but in reality only few who want to do that, 90% of them are just guessing the market's trend. -
Yes, forex is risky business but no matter how risky forex if we able to manage the risk all the things won't be so much complex for us and the good thing is that it will be less risky for and even turn out to be just like another normal job for us which gave us daily income or if not monthly or weekly income.
-
whether you like positive or negative slippage?
pepy replied to uncle gober's topic in Forex General Discussion
Positive slippage is a very nice condition where i am sure everyone want to do that, but i see that negative slippage is easier to achieve rather than positive slippage, i rarely get positive slippage in big amount, in small amount that is just few times but not as much as negative slippage i got. But yes if i must chose between those two i prefer positive slippage. -
Silver on H1 chart appareantly under bullish pressure but still limited, the price may rise up to around 19,935 but it is clearly not more than that, it is because Parabolic SAR has been changed its shift towards bearish. The other indicators which support for bullish are majority. RSI(14) and Stochastic(5,3,3) rise to level 51 and 62 respectively while MACD formed highe low but still inside of Green Zone.
-
CADJPY based on 30 minutes chart saw the price cannot break EMA100 and also middle band thus make the price rise higher. With the support from RSI(14) which in this chart rise to 53, Stochastic(5,3,3) which rise to level 39, MACD which formed higher low on green zone, and Parabolic SAR bullish status i think this pair may be under bullish sentiment and will rise to 77.55
-
AUDUSD is clearly under bullish sentiment, not to mention that the price is still moving above pivot line, EMA100 and RSI(14) show us that the trend is bullish with rise to level 45. But this seems to be limited bullish. I think this pair will rise up to 0.7675 with Parabolic SAR is moving above the price which means bearish.
-
AUDJPY based on 1 hour time frame under bullish pressure, it is clear by the breakout of EMA100 and also bullish engulfing pattern which formed before.The other indicators which are bullish like Parabolic SAR and EMA100 make a rise and means bullish, MACD also formed higher high on green zone. While Stochastic fell a bit to level 62 and RSI(14) fell down to 56. Bias is bullish and may rise towards 77.25
-
Bullish trend dominate this pair on 1 hour time frame. EMA100 reject the price and Parabolic SAR already indicated this pair will start its bullish sentiment. RSI(14) observed to rise up to 52 while Stochastic(5,3,3) observed rise to level 42. MACD is a bit different with create higher low on the red zone. The bias is bullish and price may rise up to 0.7428
-
Oversold has been spotted on Stochastic also RSI where the same thing happened. This matched with the evening star formed on USDHCF's 4 hour time frame. MACD in the red zone but with higher low from previous lower low. So i see the reversal here. Based on that i estimate the price of this pair is under bullish bias and will rise up to around level 0.97550
-
H1 chart. USDJPY still dominated by bearish trend despite of the buyer's trial to make reversal. With big black candle formed and also hanging man then the price will fall further. MACD here in the red zone with higher lows, Stochastic fell to 20 and RSI(14) fell to 37. Based on that the conclusion for this pair is bearish and the target for next bearish is at 100.080
-
Oversold has been spotted on Stochastic also RSI where the same thing happened. This matched with the evening star formed on USDHCF's 4 hour time frame. MACD in the red zone but with higher low from previous lower low. So i see the reversal here. Based on that i estimate the price of this pair is under bullish bias and will rise up to around level 0.97550
-
Wedge pattern initialized on h4 chart of EURGBP, also by the hammer formed before indicated this bullish strend is quite strong. Stochastic seems rise from previous lower level to 52, and RSI rise to level 68. MACD in the green zone. The other aspect here is that breakout of upper band is strong enough to push the price higher and i think EG may reached 0.86805
-
There are 2 keys here, first is rejection from EMA100 and there is hanging man followed. Price also break the middle band and closed below. RSI(14) in this chart fell down to level 48 and Stochastic(5,3,3) fell down to level 20. MACD(12,26,9) in the green zone but formed lower high from higher high. Parabolic SAR is bullish. Overall GBPJPY is bearish condition and price may fall towards 131.05
-
Hammer spotted on 1 hour time frame chart of GBPUSD also EMA100 got a breakout from the price where the price closed below. Parabolic SAR seen to move above the price and Stochastic fell to 33. RSI on this chart seems contradict with rise to level 47 and MACD(12,26,9) in the red zone formed higher lows. Overall i think GBPUSD is bearish and the next target at 1.3010
-
GBPCHF is under bearish sentiment just look at EMA100 which still moving above the current price accompanied with Parabolic SAR which means that PSAR is bearish. RSI(14) seen to fall at level 39 while Stochastic(5,3,3) seen fall to around level 45. MACD on red zone with lower lows indicated a bearish sentiment. The price target fall is at 1.2620 considering its importance to the lower level.
-
Rejection by EMA100 is still strong where the price fall further, also the price successfully formed big black candle and break the middle band also closed below. All indicators except RSI(14) are bearish. RSI is special case where it rose to level 45 while the other fell down like MACD in the red zone, Stochastic which fell down to level 24 and Parabolic SAR move above the current price. I think NZDUSD is bearish with target at 0.7265
-
H1 chart. EURUSD's candle seems rejected by EMA100 line perfectly and drove the price to higher place, despite that Parabolic SAR seems bearish. while RSI(14) rose to higher level, so do Stochastic(5,3,3). MACD(12,26,9) in this case is not clear indicated the sideways, but if the price still under green zone there are high probability of bullish. By that i think EURUSD is bullish targetting 1.1215 at most technically.
-
EURCHF based on 1 hour time frame chart saw the price successfully break the middle band and closed below, not to mention black marubozu formed indicated further bearish trend. Parabolic SAR and EMA100 is exist above the price both means bearish. RSI (14) is bullish with the increment to level 48. MACD(12,26,9) in this chart already in the red zone and formed higher low. Based on that i can conclude that EURCHF overall is under bearish sentiment and may fall down to around 1.0855
-
EURAUD based on 30 minutes chart saw the price formed bearish engulfing pattern, followed by few black candle indicated the bearish sentiment for this pair. All indicators are agree with this trend like RSI(14) which fell to level 34, MACD formed higher low on red-zone. Parabolic SAR and EMA100 which is moving above the current price. Based on that it seems the bias is bearish and may fall down towards 1.4653
-
Evening start spotted on 1 hour chart of Gold and indicated for reversal trend from bull to bearish overall. Parabolic is bearish with moving above the price but EMA100 is sliding below the price. RSI fell down to level 50. It seems that Gold will be corrected, but seeing the overall trend still bullish. I estimate that technically the price of XAU may fall to around 1327.30 at most before rebound once again.
-
EURJPY based on 1 hour time frame chart saw 2 rejections from EMA100. With this i think this pair surely fall down further combined with pivot which is still way higher. Parabolic SAR is not it gives indication for bullish, but RSI and Stochastic both fell down to 45 and 67 respectively. Based on that i can conclude that EURJPY overall is under bearish sentiment and may fall down to around 112.65
-
Futures are just like future, it is all about the promise we made. It is contract just like foreign exchange we know but futures contract is longer than spot forex. I am referring to fx spot here because that is where we are trying to grab more profit, right? In my new way to think not all are opposite, those all are just different.