Fabolous's Blog

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Shoulder-Head-Shoulder

The parity of the currency GBP / CAD formed a shoulder-head-shoulder, which was broken last week. The sales force is still prevalent, and continues to give us good opportunities to sell this pair. Good traders at all.
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Be professional trader is enough to live markets?

The answer to that question is no! There is a great distance between being professional trader and live the professional Being markets is the key requirement for live trading, but it alone is not enough. There are other smaller stones along the way, which hinder and who want to live trade and that generally people do not have the sensitivity required to see these minor obstacles. If you're still not convinced, think of the thousands of good traders who work for banks, brokerages, investment fund…
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EUR/AUD

In EUR / AUD remains within a "weekly" channel, which at the moment he is in a downtrend, making a possible fix before gain strength and continue the main trend. We note that the first image, graphic 'Diary', it is very close to a "LTA". In the second image, graph of 'one hour', he made a higher bottom than the previous one, showing that the purchasing power very present in this pair. Just wait a reliable standard for the more conservatives, and will take good pips. Good traders and good luck to…
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AUD/NZD

Although the pair AUD / NZD, is in a bearish channel. He found a support at 1.05200 price about. Now, just wait to see how it performs in the coming hours to make a good entrance. Good traders at all! Good luck!
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Trader up

GBP / CAD came from a sharp rise over a few weeks, and now he started the correction path. It will be many pips gains !!
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GBP/CAD

We note a divergence between RSI with the graph of H4 and D1. Possible weakness of buyers, making a possible and rapid correction. In addition, the D1 of the previous day, formed a small reversal pattern of preço.Além addition, the mobile media 200 is from the price, we traders say that this means it is overbought. Expect a confirmation Bears to a possible sale order. It would be very smart to wait confirmation. If the price lose the minimum, it will be a good entry in this currency pair. Good l…
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NZD/JPY

Let's talk the NZD / JPY. I will explain why it would be a good entry. In the diary he's making a double bottom on a weekly support. In addition, he is doing the daily pivot high, with best view in H4, and it also is far from the average of 200 times showing that this currency pair is very overbought. So hopefully earn good pips that pair. See you, good traders to all and good luck !!
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Fabolous avatar
Fabolous 28 July

A note: I wrote "over-bought" in the picture, l excuse for failure. It actually is "double bottom". Thanks !!

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GBP/NZD

The GBP / NZD, after a long climb, he is losing strength, and the bears are entering the market. We noticed that the price of 2.36155 has been rejected by buyers. Now as we see, it has formed a bearish channel, giving a good selling opportunity that instrument. Good week and good negotiations at all. Good luck!
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VictoriaVika avatar

Good luck in trading!

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