Still 1\2 of a million to a million. Trading journal.

[SalvatoreD]

I'm Jordan. I trade Forex almost 4 years.
Here I'll post the results and forecasts, the thought of the possible movement of the market.
In order to interest you, I can imagine a few screenshots below.
If you want to link to myfxbook or find out information about investing, please write a personal message.

Let me introduce my account.
Live account. Manually. Drawdown is 9%
Trade with the risk no more then 1.5% per trade.
1-4 orders in one moment.
From 0.2 to 0.5 lot for each $1k
Usually I trade one time on a week.
Account balance composed of my funds and investor's funds.

All the best!

 

[SalvatoreD]

EUR/USD by Jordan01 05.01

Today I did an analysis of EUR/USD.
That's what I think in relation to this currency pair.
1. D1 chart can be traced and build the downlink channel. The price is near the bottom. It gives a signal to buy. The only thing that can hinder the growth - is testing the channel's lower border.

2. Let's build a Gann fan on H4. Price describes a zigzag. The amplitude of motion reaches the level of 2: 1 to 4: 1. At that, as expected, the price dropped to 2: 1 after touching 4: 1. And now the price again at around 4: 1. Probably will decrease at least up to 3: 1.

3. Given the high volatility of the EUR / USD in recent days, it is necessary to take into account that after the pulse there is a need to relax. Thus, looking at the H1, we see that there is a zigzag between 4: 1 and 2: 1 too. Now the price has risen to 8: 1. This gives a signal to sell in the short term. If the level of 4: 1 is broken, the reduction will last up to 3: 1. If this level isn't broken, then I guess that will rise to about 8: 1 or higher to the resistance 1.06513.

 

[SalvatoreD]

I'm faithful to USD/CAD

1. Today, the situation is almost unchanged. The price remained at the level of support (bottom of the rising channel and the level of 1:4 on H4). I believe that the coming week will give us an answer about the future prospects for the pair USD/CAD.
2. Recall that if the price comes to 1:4, it's likely that it will return to 1:2. That's what I predict.

3. But if you take into account the unlikely but possible breakdown of the trend, and the level 1:4, you'll notice the decrease, as I said earlier, to 1:8.
4. D1 once again shows that the price is going to rise. Most likely to test the support level of the channel bottom again.

 

[SalvatoreD]

How about EUR \ USD analysis.

1. Weekly: the price will probably reach the level 2:1. Additionaly, this movement is due to correction, inside the downtrend channel.

2. The daily chart: Once again, using the channel theory, I predict the fall under the downtrend because the price point is in a ceiling of the channel. Not excluded that there may be a breach, so we consider the H4 ...

3. H4: the level of support 3:1 affected the price movement, the price has risen to 4: 1. This fact gives me the opportunity to predict the bearish trend and move in the direction of 2:1

4. H1: The price almost reached 8:1 and further possible breakdown of resistance. The bulls will prevail at least until the resistance level of 1.06490. If 8: 1 will keep the impact on the price, the graph will go down as a correction, and 'll reach 4:1.

 

[SalvatoreD]

I have an idea about EUR/USD.

I predicted the movement of up to 8: 1 and rebound from it.

In this way, the graph forms a the consolidation. The consolidation will likely narrow an amplitude. The maximum amplitude was during a movement from 2:1 to 8:1 (the first peak), the second peak - a movement from 3:1 to 8:1.
So I think that the price will continue the consolidation. If 8:1 will be tested again, it likely the bear will win. If the price returns to 4:1, there will be one more peak or break of consolidation up.

 

[SalvatoreD]

situation with the EUR/USD. 12.01.2017

I just analyzed the situation with EUR/USD.

USD/CAD come down a bit to test 1:8, and most likely ready to jump up if the trend channel is strong enough to keep the price. In the meantime, I traded at EUR/USD.

1. EUR/USD really moved the way I've described, with reasonable accuracy. Better safe than sorry ... I didn't risk and didn't wait until the level 3:1 will be achieved. To be more precise, the trade was closed by trailing stop.

2. The price has already quite briskly gone up to the level 8:1. There was a false breakdown 8:1 to the resistance 1.09196. I expect that the price will fall, because the 8:1 will resist.
3. The depth of the fall - this is the main issue right now. If this is just a correction, it's likely that the bullish trend will prevail and the price reaches the levels 1.09196 and 1.09491. If an action of 8:1 is strong, then the bears will pull the price down to the level of 4:1, which may involve a further fall.

 

[SalvatoreD]

USD/CAD is likely to be determined this week, where it should go up or down.
Now the price for USD/CAD is between 1:1 and 1:2 for falling Gann fan. This means that to change the direction of motion, it needs to cross a 1:1
Already an attempt to overcome the resistance level. But yesterday, the growth was interrupted.
So I think that we should expect regrowth to 1:1 and then further fate will be decided. If the level is interrupted, then the price will go up, if not, it will once again be testing support 1.30200.

Video prediction

 

[SalvatoreD]

GBP/USD will make impulse soon. The question is, where will be directed the movement.

And so, GBP/USD has increased significantly over the last week. This option I expected in the previous forecast. After the pulse, the correction started.
2. Now the corrective movement has reduced an amplitude. Preparing for the impulse. If the level 2:1 break, the increase may be up to a 3:1, then followed by a correction.
3. If the 2:1 will be a strong resistance level, then the price will fall. This decline in the price of return channel (highlighted in yellow and green lines).

 

[SalvatoreD]

My trading video.

 

[SalvatoreD]

GBP become stronger during the last day and it will probably not be the last increase this week.
1. GBP touched and even broke through the level of 1: 1. But power is not enough for more.
2. Now there is the prospect of the growth to the level of 1.2693, as a reaction to the level of 1: 1
3. But if now the price will begin to test the 1: 1 over and over again, it will likely be broken. The price may fall to 1.2355 in this alternate reality

 

[SalvatoreD]

That's what I can say about the USD/CAD
1. I've built two Gann fans. The first fan to H4 shows a clear buy signal, as the price has reached 2:1, and if it's broken, the next stop is the resistance 1.3207 or higher to 3:1.

2. The price level ranges between 1:3 and 1:4 for the H1, which shows the ambiguity of short-term trends. The price may break the level of 1:4 and reach the 1:8 and start the correction. But it's also possible that the chart will grow, because the stop at the level of 1:4 typically determines the return to 1:2.