xunnobi

xunnobi

GBPUSD made a sharp rise in week 9, and it was the opposite of what the analysis showed in week 8. In week 8, it was expected that the pair would move downwards, rather than a rise because of the reversal pattern spotted. A red flag would have been spotted given that a long consolidation occurred and the price did not shift down as expected. For week 10, I...

xunnobi

USDJPY has continued its upward move in week 9 and it showed no mercy in its move. USDJPY made fast price movement and reversing back upwards after a seemingly bearish reversal move. I continue to avoid trading USDJPY for week 9 for a simple reason. I was unclear of the direction. However, the move in week 9 seems to have pointed out that the pair would...

xunnobi

USDCHF continued to consolidate for Monday in week 9 and in the end, broke the low of the whole consolidation zone. It reached a new low and formed a level 4 bear trend in the chart. I was long for this pair, so I am trapped in week 9. Getting trapped in the wrong analysis is no joke. It took a good 15% off my overall equity, combined with all the losses of...

xunnobi

EURUSD moved the opposite direction of what was expected in our week 8 analysis. I did not expect it and I was trapped badly. However, in week 9, it seems to have completed a three-level bullish trend and completed the week with a double top on the H1 chart. Getting trapped in the wrong analysis is no joke. It took a good 15% off my overall equity, combined with...

xunnobi

EURUSD, together with GBPUSD and USDCHF moved accordingly to our analysis in week 8 and ending Week 8 strong. I hope this helps all you traders out there to make some profit, and I hope it give you guys a good week as written on my week 8 title. =) I did not follow my own trading plan and decided to trade with a longer term perspective, which lead to a issue I...

xunnobi

GBPUSD moved as how we expected in Week 8, finishing a 3 levels of bullish move. It was not bad, just that instead of long, I shorted it due to the opening gap on Monday. I hope not many does the same as me. I did not follow my own trading plan and decided to trade with a longer term perspective, which lead to a issue I faced. It caused me about 5% losses to my...

xunnobi

USDJPY did not make any major movement in Week 8, contrary to our analysis made in Week 7. While it did not make big upwards move, it seems to have tried making failed downward price pattern. I did not follow my own trading plan and decided to trade with a longer term perspective, which lead to a issue I faced. It caused me about 5% losses to my overall equity...

xunnobi

USDCHF move exactly as expected from our analysis on week 7. Finishing the week with a volatile Friday. However, I changed something to the week 7 analysis to reflect a more accurate trend movement. In our Week 7 analysis, I actually used a H&S to reflect the level 3 reversal zone. But after considering the move this week, I decided to change to better reflect...

xunnobi

USDCHF moved inline with our expectation in week 6, however, a little surprise came along. However, if you have been going long with USDCHF, you would have made a good profit and stay relatively comfortable for the whole week 7. In week 7, I traded all the 4 symbols I analyzed here in tradingview, and I made about 7% profit in my PAMM managed fund and I hope my...

xunnobi

USDJPY moved as analyzed in week 7. A strong upward movement which ended on Thursday and followed by a start of bearish trend through the end of week 7. For traders who long the pair would be delighted to see their account increase in the first half of week 7, however, the signal to short is quite fast, even though I caught it myself, I exited before the day ended...

xunnobi

In Week 7, EURUSD can be seen as a little confusing to traders. In Week 6, we expected a continuation of the bear trend, but we only see EURUSD keeps pushing and coming back to the zone of the previous zone. That could lead us to think that if the break of the zone has failed and instead stay long or stay out. I would like to think that it is ok to stay out in...

xunnobi

In Week 7, GBPUSD made a wonderful continuation of the established bearish trend. In week 6, the bearish trend rested at bearish zone 2, which leaves us halfway through the trend. In preceding week 7, we see it completed the whole cycle of a bearish trend. I am excited about the new bull trend in week 8. In week 7, I traded all the 4 symbols I analyzed here in...

xunnobi

GBPUSD made a great bearish movement in week 6. It should provide short traders with awesome profit. Together with my entries in EURUSD, it enabled me to make an increase of about 8% in my account equity. Not too bad in my view. In week 6, we see a break down to bearish level zone 2 and it ended off staying in that zone on Friday. What would be expected might be...

xunnobi

A strong bearish move for EURUSD, its low risk and high returns. For all traders who shorted it, congrats! I personally missed the initiate movement of the pair, however, I managed to get in together with GBPUSD, which see a growth of about 8% for week 6 in my overall equity. For week 5's analysis, we expected a bearish move for week 6, which happened in the...

xunnobi

USDJPY moved upward slightly in week 6, which was enough to confirm that bear would be staying out in week 6. It then spend the rest of week 6 staying in range mode, consolidating and getting contracts. Any traders who wants to get the pair to move either upwards or downwards would be stuck with losses. The analysis in week 6 painted an overall bearish view, but...

xunnobi

USDCHF made a strong upwards move in week 6 and only until Thursday and Friday, we see some consolidation going on. It was a good price movement for traders who long this pair. Good profit with minimal risk! USDCHF moved according to our analysis in week 6, however for week 7, it is a little mixed. In the bullish zone 1, we can see a double top pattern which...

xunnobi

USDCHF has moved quite nicely, according to previous analysis, showing persistent in the bearish trend, and went on to level 2 bearish zone. However, in week 5, it seems to halt and change the direction. I am heavy in shorting USDCHF, and I ended with about 4% overall equity loss but was helped by profits from other pairs which ended my January with negative 0.4%....

xunnobi

USDJPY has not moved much in week 5, it seems to be range-bound for the time being after the flash drop a couple of weeks back. It is natural for the price to go into smaller and smaller range consolidation after a large move, so we might be in it currently. If we are going into a smaller range bound, two questions could be asked regarding the current situation,...