Profito

Profito Updated 

Hello, What Jacinda Ardern will bring to the NZ economy? Not quite sure, but the market reacted quickly after her appointment was announced. Key Level: 0.680 - 0.69, this level has been tested several times this year and 2017's low being 0.682, will NZDUSD go below this level again? i doubt it as NZ's economy is relatively stable compared to the rest of the...

Profito Updated 

resistance zone at 1.51-1.52, it has been tested 6 times this year. it is trading at 1.496, waiting for it to get back close to 1.51 and evaluate from there again for a short position 1.475 and 1.44.

Profito Updated 

Hello, GBPCAD has been indecisive in the 4 hour chart right below 1.67 level. Looking at higher timeframe, we could see that since August this year, 1.67 ~ 1.675 got tested more that five times and GBPCAD failed to break above this level. Even thought we saw a bullish candle on 20 October, but it seems to be running out of steam to rise higher. Fundamentally,...

Profito Updated 

last time since this pair traded at this 0.78 / 79 level was two+ years ago. lets take 107 pips risk and see if it will come back down to low at 0.712 level which has been reached 6 times since then.

Profito Updated 

SL1.315 Entry1.3036 TP1.286 TP1.262 TP1.23 happy trading. Patience pays

Profito Updated 

Patience pays

Profito Updated 

Hello, Looking at higher timeframe, EURCHF is on a long trend. The recent pullback brought EURCHF back on the trend line and now it is an opportunity to enter. Entry: 1.15 SL: 1.148 - 20 pips TP1: 1.155 - 50 pips TP2: 1.161 - 110 pips patience pays . happy trading

Profito Updated 

Hello, looking at this small time frame, the 1317-1320 level has been tested several times since it got broken through on 15 September 2017. And yesterday, EJ bounced off this level nicely again and now sitting at 132.3. Target 2: 133 RR:1 Target 1: 133.47 RR1:1.7 good luck, happy trading!!

Profito Updated 

Hello, Aus200 opened strongly on Monday morning which broke through the significant barrier at 5790-5800 with ease. the channel of 5650 - 5780 was trading since June 2017 and both bottom and the top of the channel got tested many times during the period of June and October as investors are also looking for new direction. Finally, on 16Oct, it opened at 5831,...

Profito Updated 

trade the support and resistance level.

Profito Updated 

EURCAD LONG Trade the 4 hour support, looking for a bounce

Profito Updated 

wow. this 147.5-148.5 level has been tested several times since December 2016, lets see if it holds!

Profito Updated 

Hello, lets look at Australia 200. Critical Zone: 5640 ~70 There has not been much action for Australia 200 this year. With this type of condition, if we stick to the plan, we can all make consistent profits until the pattern ends. As Chinese economy stalls, we will expect to see Australian market stabilizes. As we can see on the chart, since February 2017,...

Profito Updated 

Hello, Lets look at GBPCHF this time. GBPCHF has been falling since 4August. It fell from 1.285 to 1.228, total of 500 pips. It is now trading at a crucial level as this 1.22/ 23 zone has been tested several times in March June and July. I am confident that this pair will bounce from here to conservative targets at 1.26 and 1.28.

Profito Updated 

Hello, Lets look at GBPJPY GBPJPY has bounced off June Low @139.1 on 24/8/2017, 142.5 is another key level to watch. If we can break through 142.5, we will then expect to see 147.5 again (270pips to 590pips) in the coming months. Entry 141.935 SL139.2 TP147.49 Patience pays. Happy Trading.

Profito Updated 

with 108 is support is broken. lets see how low it could go.

Profito Updated 

Hello, Lets look at EURGBP 4 hour chart. Entry 0.91801 SL 0.9122 TP 0.93 why? if we look at the chart, we can see that 0.913-914 level provides a strong support and EURGBP bounced off that level several times. Also if we look at 11/14/15/17 August, 0.913/14 level was the resistance level which got tested several times before got broken through on 21/8/2017. if...

Profito Updated 

Significant level is at 108 which last traded below that level was in November 2016. It has been tested twice during 2017, my bias is it will test the third time and move up to 114 again before the end of 2017. stop loss set at 108, target 114, 1 to 4.39 RR. lets go!