Based on the current chart, the MACD on both daily and 4H chart had shown the bias. and the price has step under the MA as post, so the price will be on the down trend track. When the price tests the MA to improve the effectiveness, we can bravely short the GU I will update the info when the trade activated.
Since the price has reached the bias of MACD on 1H chart and now the DXY will back to uptrend, so the GBPUSD will go down deeper, please check my strategy on post 1st target is the bias of MACD on 1H chart 2nd target will be the bias on 4H chart. good luck guys.
Please see the post for reference 1st target will be 1H MACD bias 2nd target will be the 4H MACD bias.
Since the MACD has shown the deviation on 4H chart, and the EU will shortly retrace, so we may long it in a short time. And all the information I have posted in chart.
The price has shown the deviation on 1H chart of MACD, thus you guys should close the position manually, and now, we are waiting for the next chance to long it in a short time for rally. Today the price showed a good price to jump into the market, but at that time, I was sleeping. And now, we are so far away from the S/L level, so let's see if we will get a better...
The GBPUSD is on the way down trend, and based on the chart, when the price step down the MA, is the time to short it. I will update the info later. And our target will be the bias of MACD on 4H chart.
After some busy days, I have time to update the strategy again, Since the EURUSD has showed the deviation on D chart and 4H chart, the next step will be downtrend for next days. Even if today is Friday, we see some bounce on EURUSD, it will goes down again next week. So, let us wait the price step down the MA and we may short it The next target will be MACD...
Finally I have finished all the job after 2 months, according to the current situation, the EURUSD is still on the up trend, and just wait the price draw back to test the MA, if there is chance to long it, I will update the post accordingly.
The GBPUSD is still on the up trend way, when the price reverse back to test the MA, we can jump into the long order right away, I will update the post when the price hit the position.
The MACD has showed the deviation on 4H chart, and price break down the MA Entry price: 1.0780 S/L: 1.0844 1st target: 1H MACD deviation 2nd target: 4H MACD deviation
Let us see if the GU will confirm the down trend this time, I will update the trade information when the price is coming to the right positoin
The gold price raising up was based on the FOMC, however the gold is still on the way of going down and the the bounce has been closed to the end. let's see if we can have the chance to short it these days.
Based on the 4H chart, the deviation of MACD appears this morning and the market will go for a corrective in a short term, so I just closed all the long orders and short it at 1.2385 s/l: 1.2455 Target: 1H deviation of MACD
Based on the D chart and 4H chart, the UJ still on the bullish way, even if we close the short order before the FOMC, but the strategy is effective. Now, the market will give us another big chance to make money, and just wait to the signal, I will update the post when it appears.
At last post I have cleared all my long orders, and now I have jump into the short team All the detail has showed on the chart Target is 1H MACD's deviation, if possible, we may increase the position tomorrow.
I have cleared out all my short order, and ready to long it again, cause the MACD on 4H chart has finished the deviation and the price has stand on the MA, if the price confirm the price standing, I will update the post and show the S/L level and target.
I just change the chart to 15MIN that is easily show the active price and stop loss level. Right now, the UJ has shown the deviation of MACD on both 4H and 1H charts, so let us see the 15MIN chart if the price step on the 40MA, that we can lont it.
As I said at previous post, the LONG order of EURUSD was in considered and now it is the time to take jump into LONG Open price: 1.0560 S/L: 1.0474 Target: MACD deviation on 1H chart