megajorko's Blog

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And again magic numbers

Hello traders,
Did you see it again as deja vu
USD/JPY =123.45
NZD/USD = 0.6666
USD/CAD = 1.3333
EUR/USD is between 1.05555 and 1.06666 currently fighting the 1.06 level
DAX = 11111
DJI=17777
I suppose cable will return to 1.5
The list I wrote is not full but it is obvious that before big events we have such levels ranging for hours and even day.
I am not sure what will happen today but it is 100% sure that there will be huge spikes unless traders, investors and other economist are keeping their…
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The big waiting

Hello traders,
This week is really driving me crazy.
Euro is trying to go up, slowly, slowly climbing the mountain and suddenly when thousands of bears pull it, it fells like a jump from bungee. The cable also is extremely bearish and is trying to penetrate to all time low. But the movement is so slow and it really happens as there are quantum levels set for each pair. For example - Euro 1.0626 range there 6 hours, and than there is the announcement of CPI and in several minutes we have level 1.…
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New type of Mondays

Hello community members and fellow traders,
It is another Monday in a row which is not as calm as it used to be. Today everything opened with a big gap: EUR/USD ->20 pips up, AUS/USD more than 30 pips down and so on, only maybe cable was strong with no gap. Ofcourse all the indices made a huge gap down and some of them recovered, some not. I will focus on EUR pairs and ofcourse try to find entry for oil connected pairs like RUB and NOK.
I see that top traders have catched the good opportunity in…
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Cautious start

Hello traders and happy new trading month
I waited the whole day to see what are the sentiments and consider to enter with a very small position with counter trend on the cable and euro. US dollar is really strong and there are reasons for that - ended QE, hawkish fed mood and also the weak european and british economy. I think that with this little scalp even with stoploss hit I will not have lost a lot just setting to future major trend trades.
Good luck to everyone and have a profitable month
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