Wedge's Blog

Avatar

Wedge has taken 2nd place in Dukat Contest Oct - Dec 2017

Read full story
Translate to English Show original
orto leave comments
Avatar

Wedge has taken 2nd place in Dukat Contest Oct - Dec 2017

Read full story
Translate to English Show original
orto leave comments
Avatar

Bearish USDCAD

Hii
used technical indicators are Gann Angle, trend lines, principles of resistance and support.
I believe usdcad pair in bearish sentiment as I looked through Gann angle.
price will be @ 1.2272 at the time of Oct 2nd
Read full story
Translate to English Show original
orto leave comments
Avatar

Bullish AUDUSD

Hi
Used technical indicators are Gann Angle, trend lines for support and resistance.
used weekly and day chart for prediction
I think at the time of 2nd Oct. price will be close to .8493
Read full story
Translate to English Show original
orto leave comments
Avatar

CADjpy short it !

though it is ranging from past 15days, i think it will go down, to confirm that i have used pitchfork channel as it is my favorite indicator.
to make it clear for sellling
Sell @ 88.355; SL @ 89.00 ; TP@ 86.724
Read full story
Translate to English Show original
orto leave comments
Avatar

AUDusd

What is observed in AUDUSD is Ascending triangle break out. Which is clear bullish strength.
buy @ .7952; SL@ .7800 ; TP@ 0.8256
Read full story
Translate to English Show original
orto leave comments
Avatar

EURGBP Short

using pitchfork set up, possible sell signals
Sell @ 0.8759, SL @ 0.8950, TP@0.8518..
Keep watching fundamentals using Dukascopy TV, which is very useful
Read full story
Translate to English Show original
orto leave comments
Avatar

Fibonacci Fans - Importance & use

I believe Fibonacci ratios are known to most of people here, it is interesting how well re-tracements fit into those ratios.
Fibonacci Fan lines indicator is one of the best indicator available in Jforex platform. successful trader definitely uses it.
please study attached image which i have drawn the use of the indicator, it shows that after touching 61.8 ratio prices start moving up.
do you need any other indicator than this ? it is also leading indicator.
Read full story
Translate to English Show original
orto leave comments
Avatar

CADjpy short it !

this pair has formed triple top as per my opinion, so nearest to resistance zone. hence it can be shorted.
Sell @ 87.105; SL@ 89.865; TP@75.156. , if you stay patience this profit can be easily achieved, dont get distracted by short period of range trading. I have also used Gann angle to identify possible resistance.
Read full story
Translate to English Show original
orto leave comments
Avatar

USD JPY Short

It seems pair touched triple top, chances that short term bearish sentiment, Sell@ 112.656, SL@ 114.4, TP@ 109.993.
breaking moving average 50 will confirm the downtrend
Read full story
Translate to English Show original
orto leave comments
More