Tommor, that’s not my evaluation, that’s based on Barchart’s Tecnical Opinion. They have a lot of very good info there, but always do your own work to verify.
My CADCHF position hit my TP overnight for a profit of $251.28. I might open another position today but I need to look at it carefully first. My 2 other trades have also increased, at quick glance they’re both at $144.00, so looking good.
I’m at work and have meetings all morning, but will update more later on when I get time.
sound like an advertisement for barchart
He literally says do your own work to verify - how is that an advertisement?
I was simply answering a question with as much info as I could, to be helpful. The fact that their Technical Opinion could not have been more wrong is not really a plug, lol.
I’m more than happy to share any websites or info that I might find will help you or I become a better trader, as long as It’s not violating any forum rules.
it was just a pov
there are zillion of sites that give forecasts
and most of them would be glad and willing to pay money to be mentioned in this forum
Next I’m looking at AUDUSD. It’s been forming a falling wedge for some time now, however I don’t believe the pattern is complete yet. It seems to be having trouble breaking through the 38.2 Fib level, so I have put a short entry order in at 0.69700 as I expect some more downside to this one before it makes its big move up. If I’m wrong, which I could be judging by tomorrow’s (Forex Economic Calendar) then it could keep moving up to the 50.0 Fib level and even beyond.
I had to jump on this one. EURJPY long term falling wedge. Looks purdy don’t it?
Jun 26/19 EURJPY: Long 24442 units: 122.600. TP: 123.44. SL: 121.76.
He’s probably advertising self-reliance and hard work. Sounds fishy to me! 
Perhaps we should flag, ban, bring in some sock puppet dictators and notify management of regime change!
This one could be a stretch, channel down on the 4hr chart. As long as it gets past that 1.4917 support level then I think we’re good down to the 1.484 area.
Jun 26/19 EURCAD: Short 57075 units: 1.49151. TP: 1.48711. SL: 1.49591.
That sounds like an upgrade to me, lol.
Here’s an update on the 6 trades I’ve opened…the account’s looking pretty good so far, it’s up from $25,000 to $25,746.39 over 3 days (not including active trades). 3 trades hit their TP and 3 are still running.
Jun 24/19 USDJPY: Long 16,951 units @ 106.909. TP: 108.102. SL: 105.722
Jun 25/19 EURAUD: Short 27,847 units @ 1.63285. TP: 1.62303. SL: 1.64243
Jun 25/19 CADCHF: Long 83,405 units: 0.73984. TP: 0.74204. SL: 0.73764.
Jun 26/19 EURJPY: Long 24442 units @ 122.600. TP: 123.44. SL: 121.76.
Jun 26/19 EURCAD: Short 57075 units @ 1.49151. TP: 1.48711. SL: 1.49591.
Jun 27/19 AUDUSD: Short 60,485 units @ 1.49151. TP: 0.6969. SL: 0.7031.
You are on another level. Interesting read and eye opener.
Good Luck and more profits to you!
i see that this site has quite a few supporters in this forum
poor fellas they are out here trying to make ends meat in this forum
Just to be clear, this is a practice account not a live account. I would not take risks like this on a live account without doing a test run first, such as this one. I would normally be putting in TS’s and closing trades much sooner. However, looking at these results so far I will consider this approach in the future.
I actually opened a similar practice account specifically to test their opinions using the same 1% TP and TS. If they recommended any pair 88% or higher I bought it, no questions asked, no research or extra work done whatsoever. It did not turn out very well at all, horribly in fact, lol. This is why it’s sooooo important to learn for yourself through trial and error, and not just follow or copy someone else.
sorry for the misunderstanding
this thread is not advertising Barchart site
keep up the good work man
I’m watching NZDUSD closely over the next couple of days. Price just passed through 2 resistant levels (yellow and blue lines) I had marked out. So, anticipating a reversal, I put an entry order in for a short at 0.66680. If it continues north then I expect it to bounce off the next main resistance trend line (yellow), around .6770, but I don’t think it has the steam, not without taking a breather first. Either way, I’m gonna catch that sucker on the way back down.
P.S. Ignore the dotted trend lines I mapped out previously. When the pattern runs its course I like to keep them there as sort of a journal to look back on to see what I could have done differently.
Target TP is always 1% with this account, so if it picks it up at .66680 then TP is .6638, or 30 Pips.
gotcha!
tx,
kc
