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Posted

Studying will never be enough.

I have come to understand that there is no holy grail around but knowledge about the market.

Therefore, we can only make good signals to get our money by making our trades and analysis just like doing an art work :)

From now on, I will build my first trading signal services here, start with putting out my sample signals.

Hope people will enjoy!

Premium signals will follow with fees, we will discuss about it later ;)

 

Hoang Huy

Posted (edited)

Today's trade on EURUSD.

Stop loss as in the picture.

Take profit level 1 / 2 / 3 / 4 at 30 / 50 / 75 /100 pips.

 

http://i886.photobucket.com/albums/ac62/thebloggerbus/IMG201101171430.gif

http://i886.photobucket.com/albums/ac62/thebloggerbus/IMG201101171430.gif

Edited by hoanghuy
Posted (edited)

Market is going slowly in Asian session.

I suggest we'd better step aside or trade small lots if you guys really want until we got a clear signal for big move.

Anyone want to join with me here :D

Happy trading everyone :)

Edited by hoanghuy
Posted

RSI is making a divergence with price.

Equal peeks, lower RSI.

EURUSD will probably come down soon.

You can sell and take profit 50/100 pips with 50 pips stop loss ;)

Be careful, this is an aggressive trade, not recommended for small traders.

http://i886.photobucket.com/albums/ac62/thebloggerbus/img201101181700.gif

http://i886.photobucket.com/albums/ac62/thebloggerbus/img201101181700.gif

Posted (edited)

For mid-term traders,

TP at 1.3275

SL above 1.35

:)

 

http://i886.photobucket.com/albums/ac62/thebloggerbus/IMG201101191723.gif

http://i886.photobucket.com/albums/ac62/thebloggerbus/IMG201101191723.gif

Edited by hoanghuy
Posted (edited)

Look at this, everyone :)

http://i886.photobucket.com/albums/ac62/thebloggerbus/img201101281643.gif

http://i886.photobucket.com/albums/ac62/thebloggerbus/img201101281643.gif

Besides some people are trying to buy EurUsd up and expect it to go some more higher.

We can see a clear divergence between Price and the Relative Strength Index on the Daily chart.

No matter how much EurUsd can go now, I think it will not strong enough to break 1.38 and will go down a few hundreds pips soon.

May be today or next week. It depends on the changing speed in people's mind.

If you still think that it's risky to sell, my advice is not to buy.

For long term traders, my advice is to sell.

Happy trading everyone ! :)

Edited by hoanghuy
Posted

Hi,

 

I like the D1 analysis in combination with RSI.

 

I trade H4 and I concur with the observation that the EU will go down.

 

According to my H4 chart and trendlines, I believe EU pair will go down to at least 1.33950 level and it may bounce back at that time. If it breaks this support line it will go down until 1.2900 (but, for that it has to be some substantiated events to support that move).

 

In all likelihood, it will bounce back and continue going up and will challenge 1.38 resistance.

 

Jack

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