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Hi
I hope all of you are fine and keeping good health.
Today, I have got a good sell trade in EUR/USD currency pair.
I usually do not like to play a top / bottom picking game
but this trade was based on considering many things which
are explained below in details.
1/- A move of 500 pips in EUR/USD pair.
2/- The trend was down in EUR/USD pair at that time.
3/- London session closed after 500 pips move.
4/- Round number resistance level 1.3000
5/- Fibonacci resistance level [not shown in image]
6/- Previous daily candle with +500 pips move.
7/- The daily trading range of EUR/USD pair is not 500 pips.
8/- EUR/USD pair was over bought.
9/- My indicators told me to sell.
All of this tells me a good sell opportunity and I have made profit as well.
Kind regards,
-Muhammad Azeem
Http://www.readyforex.com
Hi
I hope all of you are fine and keeping good health.
According to my analysis, I am expecting a bottom in EUR/USD
pair. I also expect start of a strong up trend in EUR/USD pair
that may probably hit 1.5000 or above in coming weeks.
Image attached!
Kind regards,
-Muhammad Azeem
Http://www.readyforex.com
=======================================
Hi
I hope all of you are fine and keeping good health.
I am currently holding "BUY" in EUR/USD currency pair
with some +300 pips open profit.
EUR/USD Image attached!
Also, for those who are interested to watch my complete
"Currency Market Outlook" video on EUR/USD, GBP/USD,
USD/CHF and USD/JPY currency pairs then
watch the below video:
YouTube - Forex Market Outlook May 2009
Kind regards,
-Muhammad Azeem
Http://www.readyforex.com
=======================================
Hi
I hope all of you are fine and keeping good health.
I am currently holding "BUY" in EUR/USD currency pair
with some +700 pips open profit.
I have locked some pips and I am now using a protective
trailing stop in this trade. Let see how the market
unfolds in next coming days/weeks.
EUR/USD Image attached!
Kind regards,
-Muhammad Azeem
Http://www.readyforex.com
Hi
I hope all of you are fine and keeping good health.
Spot USD/CHF currency pair is currently
showing a bearish trend channel.
Current time is 7:40 AM GMT [Before NFP]
I expect more weakness in USD/CHF pair.
USD/CHF Image attached!
Kind regards,
-Muhammad Azeem
Http://www.readyforex.com
Hi
I hope all of you are fine and keeping good health.
Spot USD/CHF currency pair is still
present in bearish trend channel.
Currently, price is testing the upper resistance
levels. A clear close above this resistance level
will start sideways trading or medium term
bullish trend in USD/CHF currency pair.
USD/CHF Image attached!
Kind regards,
-Muhammad Azeem
Http://www.readyforex.com
Hi
I hope all of you are fine and keeping good health.
I have closed my EUR/USD pair buy trade
with a profit of around +500 pips
Also, for those who are interested to watch my complete
"Currency Market Outlook June-2009" video on EUR/USD,
GBP/USD, USD/CHF and USD/JPY currency pairs then
Watch the below Youtube video:
https://www.mql5.com/go?link=http://www.youtube.com/v/K-plW4CXBfM&hl=en&fs=1&rel=0
Kind regards,
-Muhammad Azeem
http://www.readyforex.com
===============================================
Hi
I hope all of you are fine and keeping good health.
I am currently holding sell in AUD/NZD spot forex currency
pair with locked profit of +1 pip.
Profit target @ 1.2551
So far market just missed my profit target with few pips as shown in
the attached image. Well I am holding sell now with protective
trailing stop. So, I am safe now from losing money in this trade.
Let us see where price moves in next few hours.
Image is attached!
Kind regards,
-Muhammad Azeem
http://www.readyforex.com
===============================
Hi
I hope all of you are fine and keeping good health.
USD/CHF pair finally break out of bearish trend channel.
So expect a corrective move at least in this currency pair.
I am expecting medium term up trend or sideways market
in spot forex USD/CHF currency pair.
Image is attached!
Kind regards,
-Muhammad Azeem
http://www.readyforex.com
==========================
Hello Forex Traders!
I hope all of you are fine and keeping good health.
USD/CAD pair finally break down the trend line.
So expect a down ward move in this currency pair.
I am expecting medium term down trend USD/CAD
currency pair.
Image is attached!
Kind regards,
-Muhammad Azeem
http://www.readyforex.com
==========================