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pepy
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Everything posted by pepy
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USDJPY is facing back and turn down up to psychological level at 107.00 and at the same time the price is successfully break EMA(20) and closed below the middle band. Rsi (14) observed to fall to 45 and Stoch fall to around 54. MACD (12,26,9) forms lowers low signal. The bias may fall to target the lower band at 106.55.
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Doji seen formed on H4 chart of GBPJPY pair, the price is closed above psychological level at 155.02 and also for sure above EMA(20). RSI(14) which one of the indicators observed rise to level 39, while Stochastic (5,3,3) observed to rise to around 16. Macd (12,26,9) forms lowers low position. Bias for the price is bullish and may meet it at 156.01.
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XAUDUSD or gold successfully rise and break resistance level at 12601 on daily chart after there is bearish engulfing pattern formed and confirmed, this rising movement also supported by RSI(14) which rose to 57, Stochastic rose to 57, and MACD just forms lowers high, with these indicators it seems the bias price is bullish and it may meets its resistance at 1270.
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GBPCHF all along of yesterday's chart still cannot break 1.39200 and the price is floating around area 1.3910-1.3920. On H4 chart, RSI(14) fall to level 28, while Stoch(5,3,3) also fell to level 23. MACD on the other hand forms lowers high which overall makes the bias is tend to be sideways just like the movement of this pair now.
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Sister site of DMT, if you want fast payment this forum is not for you but one thing that i could say to you that if you want additional income then mtw is the best place, the rate is pretty good and one of those PTP forum which still pays. As the sister site of DMT sure it has one admin the same admin who pay us and oversee the activity in PTP section, but it seems the activity is less in MTW than DMT, lately i have problem to access this forum and DMT too.
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So you are? Before i was but i am trying to be a bit hybrid right now, with add few technical analysis view each time i want to trade. News for sure is pretty important just see how much it could drive the price and news is called as indicator in fundamental, which means the basic thing which affect the movement of course is news and sometimes rumour, but i prefer news because that is the data.
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Admin in this forum still pay us no matter what, they paid us in the right amount and depend on your posts quality if that is good enough into those standard you will get paid but one downside is payment slow, bu no worry admin will pay in the end and as far as i know this is one of the PTP forum which still pay up to now.
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Well this is really interesting thing to do, but you know in practice some people trapped with their hedging. Some people cannot trade well and suffer unstoppable loss, their loss stay intact when they lock their position by hedging it and to make it worse they don't close the position at the right time insted getting profit they suffer more losses.
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Me too, i don't have much time to handle the chart, i have more things to do at offline world which i think is more important than watch the chart also i think by put SL i already feel that amount of lot i put is something which i can handle at all. This motivate me a lot and of course will bring much more scale to my trading and i can trade without even need to worrying so much.
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A bit funny to be exact, fx vs stock already debate for over years some people prefer forex while others prefer stock but to be honest almost any of them never try both they are just stick with one and claim their spot is the best spot. By doing both we can compare which is the best but i doubt that because forex and stock actually offers different ways to earn.
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Then many people use this platform isn't it? This is pretty simple to me. Metatrader is one of those good platform out there many people just don't want to taste more because metatrader already give what they are deserve to get, in my own opinion metatrader become de facto platform for foreign exchnage trading thanks to those brokers from regulated to bucketshop
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avoid those bad emotions it is the best thing we can do, those emotions really destructive if you let it to overcome your trading and surely affect the way you trade and your psychology , it will rendering you effectively to stop trading i'd actually try to avoid it as much as i can.
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Two last longest candle showing that there is a pressure for sell on EURCHF and it is still strong enough. Moreover, the price movement of this pair still below MA100 and below the middle band. Macd formed higher low. There is possibility the price may corrected first before fall down deeper.
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Bullish correction happening in the last 2 days based on daily chart. It seems this condition is not strong enough to lift the price to higher level. Seller on the hand seems tried to stop correction yesterday, so today i predict the seller may dominate the market once more and GJ may fall to around level 153.00
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USDJPY once again fall towards yesterday, at the moment all indicators still agreed to refer SELL signal as the only signal for this price's movement, which means so potential movement of USDJPY for today still will tend to weaken. 106.20 could be a target for today's movement.
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The strengthening of GBPCHF yesterday seems got reaction from seller which suddenly push the price to keep it below MA 100. Today there is possibility buy and sell will "fight" to each other to get better position, but seller my still able to dominate the market and push the price down to level 1.38807
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EURGBBP fall back and close the gap between price also with the closing price closed below MA 100 and still moving below. There is possibiliy of the price will gain more pressure today. It seems that the price will move towards level 0.77254 or even to the lower level if possible.
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usdcad on one hour frame in this last 3 days saw 3 black crows formation formed, this thing indicated there is a strong pressure for this pair, Today with the current condition CAD still able to continue its weakening trend to the lower level or to be exact to around level 1.26802.
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In this 2 days gold don't make much movement and there aren't much other stimulus for the movement too. Even yesterday the price still Quiet but the price still hold its position above MA 100 and it seems gold still waiting for the right momentum. I predict the price of gold seems tend to strengthening with higher potency if able to close above trend cloud.
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Even silver's movement on one hour chart hampered by the cloud trend, but the price still able to maintain its position above MA 100, so the chance for silver to rise back still highly open. The price is expected to be closed above the trend cloud or even fly higher.
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USDCHF on H1 chart still move below the cloud trend and below MA 100 even MA 100 actually seen to fall down. With the current condition of this pair, it seems that CHF relly has big chance to weakening today and will fall to the level of 0.9650 or even a bit lower.
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USDJPY on H1 just break lower band after formed bearish engulfing pattern, EMA 28 is showing BEARISH sentiment with MACD is form lower highs. Stoch seems fall and Parabolic falls to indicated bearish sentiment. Overall the sentiment is limited bearish movement but may still push the price down before corrected.
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Bullish engulfing pattern seen on gold's daily frame, indicated the price might be rise and break upper band. To make it sure, RSI (14) appears to rise to level 52. Stochastic (5,3,3) is ascending to 87 but moving near overbought line and Macd forms lowers high. So overall, gold has bigger chance for strong bullish.
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Sma (10) seen fall down and cut the middle band on audjpy's 30 minutes frame. Combined with RSI(14) which fall down to 44 and Stochastic (5,3,3) fall to level 32, the bias is limited bearish plus Macd (12,26,9) forms lowers low. The price may fall to lower band at 78.10.
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On H4 timeframe EURGBP formed a strong bullish pattern with three rising pattern. The price successfully break the upper band and closed just above of the band. RSI(14) indicated the price will rise with ascend to area around level 74. Stochastic (5,3,3) ascend to level 88, and Macd (12,26,9) forms higher high. Bias is bullish with all of those indicators and the price may rise towards psychology resistance at 0.79002.