Results
2018 - JANUARY RESULTSGreat month! Keeping a trading journal here at TV is one of the greatest idea I tried to apply. Account went up very nicely in 2017, and 2018 is starting well alike with no FAIL trade so far.
Keep in mind trading is merciless so what's work now can be useless in a few weeks... That's why I worked on TMS for years now.
OTK Trade
GBPUSD +330 pips / +1.98%
USDJPY +166 pips / +0.86%
USDCAD +143 pips / +0.57%
NZDUSD +176 pips / +1.65%
AUDUSD +152 pips / +1.05%
BTCUSD +242 pips / +1.16%
COUBERTAIN Trade
AUDNZD +38 pips / +0.27%
EURAUD +100 pips / +0.47%
EURGBP +58 pips / +0.45%
COPPER +250 pips / +0.49%
ONGOING Trade
EURAUD
CADNZD
GBPAUD x2 +142 pips / +0.47%
AUDCHF
EURJPY +75 pips / +0.43%
GBPJPY
EURNZD +39 pips / +0.13%
WHEAT +22 pips / +0.11%
NZDJPY +16 pips / +0.13%
2017 - OCTOBER RESULTSDear traders,
Here is the usual report for previous month. After fabulous september month, we had a Okay-ish month in October with a small growth of 2% or a few hundreds pips.
Best of luck for November!
OTK Trade
EURGBP +21 pips / +0.13% (follow-up of september)
USDCHF +85 pips / +1.74% (follow-up of september)
AUDNZD +93 pips / +1.79%
COUBERTAIN Trade
CADJPY 0 / 0 (follow-up of september)
PALLADIUM 0 / 0 (follow-up of september)
EURJPY +27 pips / +0.37%
FAIL Trade
EURCHF -179 pips / -1%
AUDCAD -57 pips / -1%
EURCAD -63 pips / -1%
AUDJPY -40 pips / -1%
EURNZD -265
ON-GOING Trade
EURUSD
WHEAT
AUDUSD
EURAUD
CADJPY
CADNZD
SILVER
GBPCAD
EURCAD
USDCAD
NGAS
2017 JUNE RESULTSHi my friends. Here are the results for June! +832 pips
OTK Trades
GBPJPY +245 pips
GBPAUD +409 pips
USOIL +142 pips
AUDUSD +137 pips
EURCHF +35 pips
GBPJPY +287 pips
FAIL Trades
EURJPY 0 pips
EURUSD -112 pips
EURGBP -34 pips
USDCAD -114 pips
NGAS -99 pips
EURJPY -244 pips
USOIL -103 pips
USDCHF -99 pips
AUDJPY -55 pips
EURCHF -66 pips
April 2017 ResultsAUD.NZD - Long
AUD.USD - Short
GBP.AUD - Long
USD.CHF - Short
Total April +3.5% based on 1% per position.
Total April +7% based on 2% per position.
A slower month due to a number of economic events, nevertheless another profitable month.
2017 Results
Total +14.5% based on 1% per position.
Total +29% based on 2% per position.
A quality over quantity approach.
GBPJPY Short 1 Hr Chart GBPJPY is currently retracing to the 61.8 fib from in its downtrend, i am also a fundamental trader so i will be looking at UK results this morning at 9:30 am to asses whether we will be entering the trade, we will also be looking at the hourly candle close at 10 am, we may miss a few pips doing this but it reduces risk substantially, i believe at the moment it is not respecting the resistance line giving me an indication to go short.
EUR/USD Analysis, entry strategy and scenarios!A breakdown of EUR/USD with potential scenarios for both the up and downside.
The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested.
Good luck!
Complete Nifty Analysis : When Bulls will rest ? Lets do an analysis on Nifty and how its movement will be in coming days.
As we look with Eagle's view ( Daily ), Nifty has been bearish from Feb'15 to Mar'16. For an year Nifty has been completely bearish Trend.
Some companies posting good performance results has driven Nifty to current levels from the lows of 6700's. But tats not only reason for recent bull run. Better Monsoon expectations, Federal reserve creating buzz about raise of interest rates and postponing everytime, Foreign investors faith in Indian economy and buying @ lower levels of market - all contributed to this bull run.
But how long this Nifty Bull can run without break ? Well, in my view ( I can be wrong also) The markets are just waiting for some reason to tumble down to retest 7500-7700 zone. But we should also note that there is very strong resistance turned support zone in 7900-8000's which is difficult to break bcos psychological level too.
If we look on technical side, there are 3 Scenario's I have noticed :
Scenario 1 : (Fibs)
Though for short term we have seen bull-run, we haven't breached 61.8% Fib levels of Larger swing move & 78.6% Fib levels of Fib 2 in same area, if you notice keenly Nifty faced resistance around those fib levels and dropped to 8170 from 8300. 130 point drops are normal but the area where it turned down is Fib levels which makes the case interesting.
Fib 2 drawn on smaller move and its 50% Fib levels & 61.8% of Fib 1 levels drop in the resistance turned support which is 8000's. Markets can retest this 8000, before continuing its bull run.
Scenario 2 : (Trend Lines)
Nifty retested trendlines 3 times in this current upward move and another retest is also possible which falls again in same 8000 levels (marked no.6 in chart). But have you noticed the harmonic play there ?
Scenario 3 : (Harmonics)
There is Bearish 3 Drive Pattern formation but everyone uses different ratio's so its upto you to decide on that.
Similarly, ABCD pattern formation again depends on how you use your ratio's.
Overall, Nifty touching 8000 seems imminent but if it breaks that zone its all together different story which we will discuss later after markets reaching 8000's.
Tata Consultancy Services (TCS,D) - Chance for Pushdown !A perfect double top is formed in the resistance zone itself.
Q4 results are coming on Monday ( 18.04.2016), so keep a note of it and trade accordingly.
If all goes as our study , we are looking for 100pts downward move.
Trade Safe ! Happy Trading !