WW47 Forecast

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:
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.
AUDUSD PA has break below average line which seem to give us short trade with around 40-60pips predicted.
New System
I'm currently testing a newly created system.
This system work on higher time frame as i have no time to sit in front of my pc to monitor the trade for whole day.
H4 & D1 is the preferable time frame for me.
This system is called : System 38
I'll post some screen short in coming week while i still testing it.
stay tune:-)
New Support & Resistence Method
I'm testing new S&R system..o far so good...
AUDUSD sell when price saturated at S3 line with confirmation of trend line direction down. Total 17pips
USDCHF buy at S4 and with confirmation of RSI and trendline.
Posted by
Ryan
at
10:03 PM
0
comments
Very excited..testing new system.
This system is based on pivot & S&R to trade.
1st trade on EURUSD & second GBPUSD...both are having same situation.
price consolidated at support line and looking for reversal PA.
When PA turn blue buy.
Close at 30pips each after price hitting pivot line.
EURGBP H4 buy at 0.87790
Nice support for PA and RSI turning up for 32 level.
Update:
Finally up to 30pips before it turn down.
Great opportunity to SELL EURUSD at H4
Hi there...
This morning found a good EURUSD selling position.
Let's open a short trade at 1.47970 and see whether it follow my prediction later...
Green pips to all.
Yesterday AUDUSD dropped as per predicted if you seell on 0.9900 then you have captured 66pips. This is short term down trend hitting support level which may seen reversal trend soon.
As for GBPUSD it was lack of down term momentum 40pips which is reverse at the moment.
EURUSD is hitting resistance level which may go short in next week.
Trading Opportunity - GBPUSD & AUDUSD
Today's trading Opportunity
GBPUSD
Up trend is slowing down, If it down until 1.5888 level is good time to go short.
RSI turning down to 50 level as well.
AUDUSD
Down trend observed, if it break down support level at 0.9900. Confirm is going to go short.