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First trade in a long time !

Hello fellow traders.
Its been a while since i have not participated in trader contest ,and actually it passed some months since i have not participated in any contests including my favourite one tehnical analysis.I finished collage and was a little busy with all the exams but now i am back.
From what it seem i didn t missed much . Only August become a very interesting month in terms of volatility and this Scotland independence situation has helped spice the volatility a little bit in what was a…
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Polinka avatar
Polinka 16 9月

Good luck!

JuliaBF avatar
JuliaBF 16 9月

good luck to u!

Daytrader21 avatar

Nice one!!

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Metal_Mind 16 9月

thanks guys

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USD/JPY-From Range to Breakout!


Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements,EMA 200,100,50.
Current Level :102.08

USD/JPY after two monts ago reached an high at (105) level has begin retracing to (102) price level , which lasted most of January.The dollar hited a 1 month low.The current price level hit fibonacci retracement level 38.20%(102.20) and from the look of it ,last month i belived we would have by now a bullish trend at (104) price level.
That has not happend , the pair moved all
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Convallium avatar
Convallium 28 2月

I like your prediction)

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Metal_Mind 27 3月

UPDATE 1: Currently the trend is in a range. On 17 march  the pair  reach an  low at 101.20 which was on the right track and closer to my target. Current price level now is 102.22 which is  an 220 pips deviation .This big range started on 3 February and now has pass over 2 month. Personally i see a bearish brekout soon and this prediction will be quite good even if the timming won t be so precise.   

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Metal_Mind 28 3月

UPDATE 2: Friday closing price was 102.84  sending the deviation to more than 240 pips.

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GBPCAD



Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.6797.

GBPCAD
recently reached a major resistance zone at (1.6961) ,fibonacci fan level 50% from which the trend retraced lower. The current level is (1.6797) and the price is heading down. Now it is between fibonacci fan lines levels 50% & 38.20%. and can be observed that on a larger time-frame there is a channel down forming up .MACD indi
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Metal_Mind 21 11月

UPDATE 1 : This prediction is wrong. Current trend is bullish and my prediction was a bearish one.

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