jofansiwork

jofansiwork

Hi guys, last week and Specialy 23-24 june was a though and rude trading days. Before the Brexit vote i was holding a fine Position on EUR/USD parity until my Broker called me and informed me that the MMR will Change by doubly the Level. 20 lots=1000 €. After 10 minutes of Chat about Brexit effect on FXCM account . The Agent suggested me to Close all my Position...

jofansiwork

Hi ,the intability regarding this parity is very high, I am idealess or speechless. It is hard to enter a position. My point of view is, if you want to trade this parity on CW25 you have to be good with stop loss or stay out the trade

jofansiwork

The resistance line 1.13701 is extremely hard to get through. It has been for a short time reached and he day after a strong sell has been started. What 's make this hurdle so hard to jump above? perhaps a short appeal is needed to get through? i will be short this week with a entry point at 1.248 and sell at 1.118 due to the among of news coming on, Stop loss at 1.13

jofansiwork

On Friday 3.06.16 US Job Report for Mai has been released with a strong deception. The Eur/USD soared until reaching the Resistance 1.13701. Yellen is going to speak next week and the expectation is that the interrest rate will be steady. From a technical view, are we going to test again this famous resistance parity value? I am Long and will buy at 1.137 and...

jofansiwork

The interest rate speculation has in May begun and has hurt terribly the EURUSD parity, The value 1.137 has been broken. What ist ot expect in June? I have a Long Position test until 1.12 , if this value is not reached and the interest rate is higher it is possible to see a strong decrease until 1.079 .

jofansiwork

I have to reveal it is tough to Play this pair regarding the uncomming News. I have no clue if i have to short or being Long. Only Thing I know is that the 1.37$ is a critical value Point. this Point has been once Support and resistance. only Thing to do protect my capital for any erratic market move, or to be out of the market.

jofansiwork

Hello , Week 18 was a tough one. matter of fact i recovered my Position from losing 500 $ to 200 $ Profit, only after the US Job Report. But the question from the uncoming week is are we testing a Support or a resistance line? at 1.14$. Also we are facing a pullback but in short term we are Long. The indicators are not helping here. If you ve got better idea i...

jofansiwork

On Monday 11 th the consumer and Producer Price index (Mar) will be released . Here is how iam gonna Play this News in the day time Frame. entering at market value. 1:Strategy short entering at market value. place stop at 1.142 Limit at 1.11542 2:Strategy long entering at market value. place stop at 1.13 Limit at 1.1793

jofansiwork

The patity reaches a resistance Level at 1.1395 and Keep that level since last week The big question mark is, are we going to see the USD strenghtend and a drop of the parity? On my opinion I am short regarding the day time Frame but will only invest 50 % of my account and the News (FED or ECB) will effect my trade strategy.

jofansiwork

With Bolling 20 is hard to say the trend. We touched the Bollinger upper line , Signal to sell . The oppening question is are going to see a violent parity value bounce or a huge drope. Clearly , it is hard to say at this momment. If you are on the trade perhaps you have to lose weight and if not wait and see. This tech Analysis confirmes, my previous tech...

jofansiwork

the trend enter into the incertitude cloud. the parity reached a resistance line at 1.1394 . only good News will bounce the parity out of the incertitude ichimoku cloud. I am neutral with and wit to see if the parity is up of the resistance line.

jofansiwork

At 30 min time Frame it is tough to predict the trend in a short term period. The Wait And See (WAS) strategy is no so bad. Keep your dough out of the market if your not sure. Stochastic is high (overbought) .

jofansiwork

Since 2015 , we all heard about the oil Price drop . The truth is we are far far above the lower Price 9.55 $/ Baril reached in 1999 . Since oil Price reached a all time higher Price from 109$/Baril . A lower Price under 20$/Baril still possible depends on OPEC/USD reconciliations or Price Agreements.