Open trading account 
i try to use simple approach to predict the future price,1st take a look at daily chart aussie,even the bounce from lower look strong but price still cap below 1.0600 zone.The move from previous swing high to low and from the low to high still below 610seq number that means its not change at all.Briefly it should have potential to form double top.Switch to weekly chart and there we can see 18month price movement volatility inside the big range.however after that with 8month price movement the v…
jengkingfx's Blog
EURo/USD
here i attach weekly chart to know the bigger view.Price start rally from 1.20++ zone and stop at 1.3710. a downside move till 1.27 zone look very impulsive.it consist 5wave down and already breakout the trendline(rally from 1.20++--------1.37++ zone) suggest the single currency bias is bearish.i view a bounce as corrective move(look 4h chart)know as expanded flat consist from 3,3,5 smaller wave (mark as a,b,c on 4h chart)should extent towards 1.3200---1.3250(50%--32% fib zone)where i think the …
Dollar Yen Paused Rally
4h chart above explain the movement from the candle action.first bigger candle start indicate very impulsive candle(strong buyer) and there have 3candle size with consistent size follow thru the price higher.since the price open this week(around circle zone)rally look exhausted and there is no strong candle like below 97.00.that mean big buyer already done or there is no additional big buyer..they probably waiting lower to reentry the position.when they take the profit price should decrease,expe…