samuellon122

samuellon122

After CPI date release on 21/11/2023, the chart has been slowly adjust and break of trend line. Due to the inflation rate increase, will expect the interest rate increase on CAD currency. Hence, we will tend to sell the GBP currency to buy the CAD currency. From the chart, the back testing established, so let see the bearish time .

samuellon122

Pullback and adjustment has been done. Time to focus on the trade. But do remember Fed Chair Powell Speaks happen in less than 3 hours. You can manage your lot size to determine the entry level and stop loss level.

samuellon122

We always have to do backtesting to ensure the chart is go with the trend. To avoid the unnecessary waste of the time afford to trade on the wrong matter.

samuellon122 Updated 

Backtesting has set up. After the break of the price and done on backtesting. Can start to enter the market.

samuellon122 Updated 

It has build up the support. By looking at the trend, it is at the uptrend. Do not go adverse on the trade. follow the backtesting.

samuellon122 Updated 

Follow the backtesting. Always use backtesting method. You will able to earn money from the market.

samuellon122

After few rejection from the supply zone, wit the clear from the moving average. As from the zone to zone. is time to trade

samuellon122 Updated 

After the CPI news announce, the chart has slowly build up the double bottom. Slowly it has start to shoot up First TP: 1.25358 Second TP: 1.26273 Enjoy of the week guys!

samuellon122 Updated 

Affter backtesting, is time for us to enter into the market. Dont be greedy, slowly progress will make your life perfect.

samuellon122 Updated 

After announcement on Consumer Price Index on 24/05/2023. We finally get to see the chart has been change to up trend position. Same Game rules, we for bounce back and get the money on hand.

samuellon122 Updated 

After the Australia had announce their CPI. We can clearly to see that the Trend line has broken. We have to wait for bounce back and pending for overbought. Once overbought have been on the line. Decision can be make during the moment. Hope you enjoy the week!

samuellon122

Based on the USD Core retail sales and the consumer price index, the currency pair with NZDUSD is doing their adjustment. From the chart, we cans see that it is slowly to making its adjustment to welcome for the short trend by this coming week. Hope you guys can enjoy from this week. stay safe and healthy. Before open a trade, please make sure u are analyst a...

samuellon122 Updated 

After breakdown of the support line, we do have to see whether still in strong volume .

samuellon122

Double support line have established. Clear picture show that it had break the point of 0.71985 after the support have been established. From the overall chart, it also show that the trend is going up. So that is no point for you to make reverse during this period after it announce the USA's unemployment claim result is 793k.

samuellon122 Updated 

from the view that we can see the support level has formed. With the view that it has break the trend line as well. Trade for this pair for 4 hours before the london market close.

samuellon122 Updated 

Form yesterday, we can see that the currency new GBP retail sales m/m actual result higher than the forecast. It is high possibilities for this chart going up. Once it have break 1.82667, the probability to rise is much more higher. As the 4hr candle also showing that it reject and going up . TP: 1.84031 r:r = 2.76

samuellon122 Updated 

Same as previous post, the retail sales m/m showed that the positive amount and higher than the forecast result. it is good to the currency. We have to wait for the right timing and patience to trade. tp: 80.115

samuellon122

During Friday, as we can see that the retail sales had been increased 1.3%. Therefore it could result in the us dollar going to be strong. In result to the EUR have to go down. Once it break the trend line, it could be going down to the support line which is 1.16275. Risk reward ratio from the chart is 3.27 Enjoy the weekend!