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NagarajaAdiga's Blog

NagarajaAdiga's Blog

NFP impact

NagarajaAdiga Veröffentlicht 1 June in #Trader's blog #Nfp #EUR Trend #Yen Trend

NFP of US is at 223 k against the street expectation of 189 K should give a boost to US currency and we may expect Eur to trade sub 1.5k in a short time. However, The correction in the past 2 weeks in Eur/USD seems to have been absorbed! Any trade above 1.1730 zone in Eur/USD may result in bullish trend. For all the bearish positions, a close above 1.1750 on 4 hour candle may be stop.
Japanese Yen above 110 may witness further uptrend as it is currently working as inverted shoulder. We may also …

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NZD/USD prediction

NagarajaAdiga Veröffentlicht 2 May in #Trader's blog #Nzdusd #Shorterm Prediction

On a 30 mins chart, nzd/usd is making lower highs. how ever, triple bottom 0.6990 zone shows some bullish pattern. once the pair starts trading above the trendline and breaks above 0.7040 we may expect bullishness in this pair and expect 0.71 for intraday and 0.7135 for next day

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It happens only to me! :D

NagarajaAdiga Veröffentlicht 8 June in #Trader's blog #EUR/JPY #Shortselling

Yet again, my short level turns out to be support and my stop becomes the resistance. If you want to success in trading, just follow me! but don't copy my trade but reverse trade. You will end up in top 20. Good luck if you decide to

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EUR/USD what's the destiny

NagarajaAdiga Veröffentlicht 15 May in #Trader's blog #EUR Weakness #JPY Gain

Eur is currently trading near 1.1 zone which I think is hard to break. I am expecting some weakness before a break above 1.1 zone. Trying to catch the top, placed a sell order at day's high with low risk but high return. Lets see where it's heading to. Using the weakness in the eur also selling the eur/jpy.

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Back to square1

NagarajaAdiga Veröffentlicht 9 Nov. in #Trader's blog #Trading

Egoistic trading brought me to square 1. I need to start over again While everything fell, euro and pound gained. and i lost. I shouldnot have kept 200+ pips stop.
Now starting over all the way again.
US election result hit hard to me. Planning to pause trading for the time being and start over from next week.

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Analysis

NagarajaAdiga Veröffentlicht 8 Nov. in #Trader's blog #Gbpusd #EUR/USD

As expected, yesterday's movement in euro and pound were bearish. Expecting the market to be bearish ahead of US election result. Seeing a resistance at 1.1060-1.1065 zone, Euro may test 1.095 levels and pound can test 1.2250 levels, once it start trading below 1.238 levels.
Today's support for pound is seen at 1.2345, 1.2305 and for euro it's 0.1 and 1.097 levels.

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Market expectation

NagarajaAdiga Veröffentlicht 7 Nov. in #Analysis #Trader'sblog #Weekly Analysis Of Major Pair

I see a lot of weakness in Euro. below 1.1065 levels, we may witness around 150 pip correction up to 1.09 zone. Pound looks a little strong but i feel it will also correct up to 1.2250 zone once it starts trading below 1.2400. USD/JPY can rally up to 107.
Mostly Monday market is a little lethargic and we may hardly see around 50-60 pip movement in major pairs
Tomorrow's US election result is very important for the market and it will change the direction. I will try to be light on my positions.

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Previous comments review

NagarajaAdiga Veröffentlicht 3 Nov. in #Trader's blog #Analysis Review

In the past two days i had expected swissy to be strong and usd/chf would test 0.97-0.96 and the pound to be strong after an accumulation it would rally to 1.25-1.27
I was expecting those prices to reach in a week but lol! both of my expectation the next day itself.
I was expecting usd/chf to reach .97-0.96 but the low tested was .9694 zone
Again my targe gbp/usd was 1.25-1.27 and the high was just a 6 pip short of round off number.
I went long in gbp/usd and gained 236 pips in contest exited at…

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Pound resting

NagarajaAdiga Veröffentlicht 2 Nov. in #Trader's blog #GBP/USD #Pound #Reversal In Pound

Post Brexit, Pound corrected sharply and now for the past one month it's range bound. I am seeing a lot of accumulation at this point. I am bullish on this pair. Expecting pound to test around 1.25 and 1.27 in the nearest future. How ever, We should keep an eye on the NFP outcome.

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USD/CHF analysis

NagarajaAdiga Veröffentlicht 1 Nov. in #Trader's blog #USD/CHF #Analysis Of Swissy

Expecting the Swissy to be strong henceforth and we may see around .97-0.96 before Friday. After making a Head and shoulder formation in the previous week, it may head to 0.97 by thursday. USD is at top now, any we may see some correction in USD.

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