Recent content by inakocibelli

The Euro has been rising against the New Zealand, but It is approaching near supply level. The RSI is located near the number 70 which indicates oversold levels. This is an important historical level as the price has been there 3 times prior. The Fibonacci 61.8% level is also located at our...

The fell to the lowest levels in two weeks against the dollar, after Japan’s finance minister warned that Tokyo was prepared to intervene in the foreign exchange market if necessary. Demand for the dollar was underpinned after New York Federal Reserve President William Dudley said Friday that it...

AUD/USD dropped after the Reserve Bank of Australia lowered its inflation views in its statement of Monetary Policy. The pair is coming into historical 50% Fibonacci level, another indication of an over-sold pair is the RSI which is located at 30 number area. Entry is at 0.73250 with the 4hr...

Pair is coming into an important supply level, according to the Fibonacci 76.4% level. The RSI is also approaching an oversold area, indicating buying pressure. In case this level holds, it may be a pullback for the bigger picture which is an uptrend at the moment. Our entry is at 1.14250, if...

Entering long in this level is a good risk reward setup because the downside came in an exhaustive mode thus higher recoveries can be expected even though there is an important resistance level established in the first week of April. That doji on the downtrend suggested hesitation, however SMA...

The pound retreated from four month lows against the dollar on Tuesday, after the U.K. manufacturing index fell to 49.2 in April from a reading of 51.2. This is the first time since March 2013, the index fell below 50.0 level. The factory slow down is mainly caused by weaker global economy and...

The yen rose to a fresh 18-month highs against the weaker dollar on Monday. Last week the pair ended 4.49% down, the worst weekly performance since 2008. Over the weekend, Japan’s Finance Minister Taro Aso, said that the strength of the yen was “extremely concerning”, but most traders expect...

I know i should of continued in the trade . thank you :)

i stated short term for the fact that i was only going for 75 pips and its in an oversold area... but this was a good day trade for the day and also it hit the day it was posted ...

you are so right .. at times i feel fundamentals are there to emotionally trick you :rolleyes:

thank you..

thank you so much i appreciated..

Why is this happening ? does anyone have any idea... its been happening everytime there is positive U.S. data the dollar weakens?:cry:

GBPJPY is currently trading in oversold levels (as RSI indicates), which inclines us to believe that a recovery is due. Price has breached through Bollinger Bands, and from what we have observed in the markets, price tends to retrace back or consolidate until it gets positioned inside bollinger...

FX girl trader 3 years experience!!! Hola, my name is Ina, i have been trading forex for about 3 years now, and the last 2 i have been successful...Im ready to gain more knowledge and read others opinions and trading strategies. excited to be here :clap: