*Official* Forex Trading thread.

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awful999

awful999

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Knight_Rider said:
Later tio stuck again lol
Click to expand...

cheer for my micro lot @118 :s13::s22:


BULLET: DOLLAR-YEN: The pair remains bid following the.......



DOLLAR-YEN: The pair remains bid following the boost the US Dollar received from
Fed Chair Yellen's comments in late NY and the Nikkei in positive territory last
at 19090 and up 1.04%. Time spent below the 55-DMA (Y113.60) was brief with a
the rally and bullish close Wednesday a concern for bears given daily studies
now correcting from O/S and adding support to the bullish case. The
Y115.63-116.02 region where the 21-DMA is located remains key resistance. Bulls
need a close above the 21-DMA to end bearish hopes and hint at a move back to
Y118.66 with above YY117.53 confirming. Initial support is noted at Y114.29 but
bears need a close below Y113.70 to initially pressure Y112.43.
 
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awful999

awful999

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Knight_Rider said:
You see the H1 red candle that line above is what MA (definitely not 200). I use 200 every time tio pian so I modify myself.
Click to expand...

at least 240 EMA? actually I use 200 EMA to look at the main trend not really as support or resistance
 
Knight_Rider

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awful999 said:
at least 240 EMA? actually I use 200 EMA to look at the main trend not really as support or resistance
Click to expand...

A bit less and you get the fibo number. Also no 50 or 100 but something' in between (also a fibo number more then 79)
 
Knight_Rider

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awful999 said:
i think i am really noob haha, don't understand what is fibo :s13:
thanks anyway, I will stick to my way first
Click to expand...

Fibonacci retracement/expansion

100 or 200 MA the candle just pierce through so they dun serve any purpose. I modify until a number that works and it happen to be a golden ratio number. Must believe lol.
 
awful999

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19th Jan 2017
Singapore time 8.45pm EUR eur Central bank Rate & marginal lending facility
 
Wasshoi_Jem

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Finally my uj see green for first time since last Thursday.. trumps tweet almost gave me heart Attack
 
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