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 Here is the update for WW47 forecast. Both EURUSD & GBPUSD goas expected down to capture around 300+pips.

WW47 Forecast

GBPUSD is retouch supply level at 1.60639. Looking forward for down trend which may reach 1.5943 of next demand level. Around 100pips opportunity.


 EURUSD is touching supply level and started to reverse. 1.37490 to next demand level at 1.35580. Its around 200pips opportunity.

Why i'm disappear for 2 months? What happen? Actually i'm busy to do my research and also study some of system. Today i'm going to use my new system which used support and resistance and candle pattern to enter for reversal trade. Notice some setup trigger me for tomorrow morning entry. Let's see the chart:

Bearish engulfing is forming at resistance line, if this candle remian or drop even lower. Tomorrow is good time to sell. Same happen to EURGBP:

EUR, USD, GBP, JPY, CHF all is falling to me....
Yeah...after failure in colorful indicator..now i'm working on purely price action S&R manual method.

Hopefully this is it..
The turning point of fx experience with all the hardwork payback.

Look at the price and i know where the price going to move.

Battle of Luck


Entered AUDUSD trade on daily chart since yesterday.
Looks like long trade but today during Asia session AUD turn down and now floating 89pips with SL set at 1.0611 which is below pivot of 1.06226.
If it break this line by next Monday than it will go down all the way.
Else it should rebound and up again, overall weekly trend still looks Bullish for this pair.

Hopefully my luck is better on next week.

Update:
Trade closed with loss of 112pips.
Bad trade due to ranging market, learn from mistake.
Long reversal bar is caution!
BAd trade just part of trading.
Because there is no lose system as far as I concern.


As mentioned in previous post, USDCAD daily chart showing down trend and i open sell trade at beginning of new candle at 0.9565.

USDCAD Short


USDCAD H4 looking to continue its short trend.
Breaking its up trend line with PA breaking below the line.
Resistant will be at 0.96688 which will not break if down trend continue.
TP target wil be at 0.95640 region.

My open sell price at 0.96150.
Let's see how it will go...Stay tune


Update:

Trade close with 20pips profit.
Max profit can go further with Daily chart also showing down trend.