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pepy
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Everything posted by pepy
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Gap spotted on H1 chart of EURJPY, but the price trying to correct it even like that the bullish sentiment is still strong here, and RSI(14) and Stochastic (5,3,3) both rise from their previous position to level 40 and 43 respectively while MACD formed lower highs. Bias is bullish and the price may rise also set eyes to 113.775.
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H1 chart, RSI(14) rise to level 67, Stochastic(5,3,3) is moving near overbought and rise to level 77, MACD formed higher highs indicated. Overall the price still saturated considering that RSI and Stoch are getting closer to overbought plus EMA20 which still above the price candle, this temporary bullish bias may bring the price up to 1.08855 before it starts to fall back once again.
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Inverted hammer again formed on 1 hour time frame chart of GBPCHF with the price of this pair successfully break middle band. RSI(14) see the line rise to around level 67 and Stochastic(5,3,3) rise to 64. MACD(12,26,9) formed higher highs. Bias for this pair is bullish and the price may rise up to 1.26780.
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Inverted hammer formed on 30 minutes chart of Gold, before the price also suffered from the gap. The correction is happening now and RSI(14) seen rise to level 66 while Stoch make a breakthrough to level 85 and into overbought zone. MACD formed higher highs. Bias is limited bearish before getting correction once again to bullish.
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USDJPY on H1 chart formed a bullish gap which means a turning point indication, especially EMA20 is moving under the price. RSI(14) and Stoch(5,3,3) both rise to level 42 and 19 respectively, especially for Stoch which show a sign to out from oversold zone. MACD(12,26,9) on the other hand show lower lows. Bias is bullish and the price may fall a bit but overall will rise up to 100.510.
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2 consecutive white soldier pattern formed on H1 chart of USDCAD, this means in this chart this pair is under bullish sentiment which painted by the price break through EMA20. Stochastic(5,3,3) rise to level 63 and at the same time RSI(14) rise to level 64 while MACD(12,26,9) formed lower highs. Bias is bullish and may rise to meet the next resistance.
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It seems that now EURUSD successfully break the psychological level at 1.13009 and also break the lower band. Rsi (14) spotted fall to around level 25, while Stochastic (5,3,3) fall to level 9 which is oversold enough and Macd (12,26,9) formed higher low, i think this pair may fall down deeper, since the bias is bearish i will vote for SELL.
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MACD(12,26,9) formed higher lows, RSI(14) observed rise to 56 while Stochastic(5,3,3) is rising to 73. Bullish engulfing pattern spotted on AUDUSD's 1 hour time frame indicated bullish sentiment for this pair. Bias is clearly bullish overall for this pair and it seems will target the price at 0.76723.
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GBPUSD's price spotted on 1 hour time frame chart successfully break the middle band with EMA10 crossed EMA20. RSI(14) observed to fall to around level 38 while Stochastic (5,3,3) fall down to the level of 28. Macd (12,26 9) in this case formed lowers low position. Bias is bearish and i will vote for SELL
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Bearish sentiment is over EURGBP on H1 chart, and bearish engulfing pattern spotted on this chart with the price able to break middle band down. RSI(14) spotted to fall down at level 37 or possibly lower, while Stochastic (5,3,3) fall down to level 56, MACD(12,26,9) formed lower lows. Bias is bearish and the price potentially fall to around 0.85993.
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Bullish engulfing patter found on H1 chart of NZDUSD also the price successfully break the middle band. RSI(14) observed rise to around level 59, Stochastic (5,3,3) on the other hand is moving in overbought area and fall a bit to level 81. MACD(12,26,9) formed higher highs. Bias is bullish but limited before the real one. Today's target is 0.72920.
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Based on 1 hour time frame the price of USDCHF succesfully break EMA20 and the middle band thus the sentiment is bullish for now. Stochastic (5,3,3) observed rise to around level 35 and RSI(14) observed rise to level 56. Stochastic also forms bullish crossover. MACD forms lower high. Bias for this pair is bullish so i will vote for BUY.
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Bearish engulfing pattern formed on GBPJPY's 1 hour time frame and the price also is closing below middle band considering the current tide. RSI 14 observed fall to level 43 or around, while Stochastic (5,3,3) fall to around level 35 for now. MACD formed lower high. Bias is bearish now and price may reach target at most 130.340.
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EURCHF on h1 time frame chart spotted to be oversold with the price is moving down and evening star formed on it. Other indicator such as RSI(14) and Stochastic (5,3,3) both fall to lower level and to make it better Stochastic even just getting out from overbought zone. MACD is higher lows. Bias is bearish and price may meet support at 1.08238
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Bearish engulfing pattern spotted on GBPCHF's 1 hour time frame following the failure of price to break the upper band and not just but failed to break EMA25. Followed by that RSI(14) spotted to fall to around level 41 while Stochastic (5,3,3) fall to around level 31. MACD formed lower lows. Bias is bearish and the price will fall to at most around 1.23480.
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Bullish engulfing pattern formed on H1 chart, it means USDJPY is under bullish sentiment, considering that Stochastic(5,3,3) which rise to level 58 now before moved near oversold position, RSI (14) spotted to rise to level 51, while MACD formed lower highs. Bias is bullish and the price target is at most 100.420.
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NZDUSD on H1 chart formed bearish engulfing pattern it indicated the bearish sentiment towards this pair with MACD observed to forms lower high position, RSI(14) spotted to fall at around level 46 while Stochastic (5,3,3)do the same with fall to around level 37. Bias for this pair is bearish with the price may target 0.72410 which is support level today.
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EURJPY failed to break the higher band makes the price get bigger pressure to fall down, especially with inverted hammer formed on H1 chart. MACD formed lowers high accompanied by RSI(14) which fall to level 53 and Stochastic (5,3,3) also spotted fall to level 50. Bias is bearish and the price may have limited movement to 112.935.
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Inverted hammer spotted on H1 chart of USDCHF but it is not strong enough considering the price is moving above higher band even RSI(14) rise to around level 57. Stochastic (5,3,3) which also rise to around level 80, but it is overbought enough and may fall sooner or later, MACD(12,26,9) on the other hand formed lower high which means there is chance for strike back. Bias is bullish but maybe later fall.
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EURUSD which has bee moved in Asia session move below middle band and it means it is under bearish sentiment. RSI (14) fall down to around level 60. Stochastic fall to around level 45 while Macd (12,26,9) formed higher low. Bias is bearish and i will vote for SELL.
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Evening star can be seen formed on H4 chart of AUDUSD, strong enough to put the pair down and followed by few candle charts. RSI(14) spotted to fall at level 37, while Stochastic(5,3,3) observed fall to level 20 near oversold zone. MACD(12,26,9) observed forming higher lows. Bias is bearish and target is 0.75992.
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1 hour time frame of GBPUSD successfully break the middle band and close below of that line with indication for more bearish sentiment. RSI(14) observed to fall down to around level 55, Stochastic (5,3,3) fall to around level 48 while Macd (12,26,9) formed higher low. Bias for this pair is clearly bearish and i vote for SELL
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About the demo account the best thing you can do is by asking them to do that , forcing it would be very good but not like what you are all thinking here, it may lead to people feel boring about forex and i don't know what will happen later. The material you should say must be simple because they are just newbie at all, right?
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LOL you mean you are not conservative, right? Well that is also the same with me, i am someone who trade by use the tools and if that tools works for me i will use it as long as once again that is worthy to me. If someone doesn't want to use it fine, i don't force it but to lose your capital because of that is truly silly.
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@myregister, the best reason behind this is all of course money, i don't doubt about it. I go to forex as my next part time job because i need more money and forex is worthy place for that. Not to mention i am sure that before you said that the reason people want to trade in forex because of profitability of forex, right? So it is clear the main part is forex availability to provide us chance to reap bigger profits.