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August 5th 2015

kavita1 Posted 5 Aug.  in #Trader's blog #Strategy Contest
Today I tried to start my strategy, but it showed compliation error in strategy contest, so for me strategy contest is on hold until strategy does not start.
Also, I waited EURUSD to come down, and finally it came down and now at a perfect support level, so now I am planning to buy EURUSD in trader contest. But unfortunately, due to slower internet connection, I am not able to start platform.
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Trade update of last day

kavita1 Posted 25 July  in #Trader's blog
Last day, I opened three trades and one went totally opposite, but as expected EURUSD took U turn afer reaching near 200SMA on hourly chart, and that trade was closed in 25+ pips of profit.
I am expecting further up of EURUSD and still short on USD pair, so I am short on USDZAR, because pair has reached its highest resistance last working days, and we can expect that current resistance will continue, but if on Monday open if pair will break above it, then I will have to close that trade.
This we…
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GBPUSD resume its down trend

kavita1 Posted 23 July  in #Trader's blog
Today GBPUSD resumed down trend after reaching 50% fibonacci retracement on daily chart. It may find support at current level, but pair is moving below weekly pivot and also daily pivot. I am expecting that pair will reach break this support level soon and I will look for short trade once pair will reach below 1.5476 this week, which is weekly S1 support.
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EURUSD lost its gain made yesterday

kavita1 Posted 22 July  in #Trader's blog
Hello Trader,
Today EURUSD pair went high till 200 SMA, and just above weekly pivot point level, and declined sharply. Now pair is trading below once again 1.09. Now my bias has changed to downside, but I will wait for 1.0850 level. If pair will break this level, I will go short on this trade, otherwise till pivot level, no trade.
Today, I opened USDSEK short trade and expecting some good profit due to hourly RSI has gone to overbought level.
Thanks.
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Today's pivot trading 21/July/2015

kavita1 Posted 21 July  in #Trader's blog #Trader Contest
EURUSD is moving in sideways, and I am expecting that it will move upside. But upside resistance can be seen at 1.0834, because today morning EURUSD could not break this level and declined below. Once again, pair is moving at 1.0830 and trying to break above it. If pair breaks above daily pivot level which is 1.0834, then we may see up movement till weekly pivot level. But before that pair has to break above yesterday high which is 1.0870.
I have EURUSD trade open from last few days, and today l…
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Blogs entries are not showing on contest page

kavita1 Posted 20 July  in #Trader's blog
Today, I saw a strange issue. All blogs entires which has been done on trader contest are not showing in contest page. It is showing empty. I will wait for 1 or 2 days, if it gets resolved automatically, otherwise I am worried that I may loose dukascopy blog point in trader's contest.
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Today's trade update 20/July/2015

kavita1 Posted 20 July  in #Trader's blog
Today morning, I realised that AUDUSD has reached to its support line on 4Hour chart, so I thought to go for long position on this pair. As pair was moving away from daily pivot support line, so my take profit level is just above pivot point. I will go long once again, if pair breaks though weekly pivot and 1.74 level.
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Week close

kavita1 Posted 17 July  in #Trader's blog
Today Euro declined but weekly candle suggest that support is at 1.0850. Therefore, I went long on this pair. If EURUSD breaks below this level, we can see further decline on this pair.
Also GBPUSD is loosing its gain made from last few days, but pair will find support at 1.5550. Also pair is moving in ascending candle pattern, so my bias for this pair is still upward next week.
This week is going to close today, so I will take rest for 2 days and then move my equity either side.
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AUD and NZD trade

kavita1 Posted 16 July  in #Trader's blog
Last day, all major AUD and NZD declined sharply and now it is at bottom line for further decline. On weekly chart, due to pivot support, I expect a little bounce back towards upward, but It is a risky trade, so I have put very tight stop.
My both pending order just triggered while writting this blog, and I wish, it will close in green pips.
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EURUSD daily pivot trade idea

kavita1 Updated 15 July  in #Trader's blog #Trader's Contest
After a loss yesterday, my equity came down to 180K, but lately I recovered some of its equity and now equity is at 200K.
EURUSD is moving in betweeen weekly pivot and support level, and also upside is bounded by 200SMA on hourly chart. So instead pair is moving upward in slow pace, my bias is neutral.
Today pair has broken above daily pivot level, and after restesting pivot (1.1018) 2 times, so break above current level, pair may reach at daily resistance which is at 1.1072, or break below pivo…
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