66037687 - Daily news, Candlestick, and support resistance method
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I will use Daily news as my first information and support/resistance as my strategies transaction trigger. combining both of it to gain daily profit. wish u all the best for this competition I hope the best will win.
I used Boilinger band 24 for my technical indicator as support and resistance in Euro vs USD pair. if I look in NFP event in friday last week movement, USD is still in the bull performance even the Non-Farm Employment Change result is beyond unexpected, the unemployment data is showing a significant result.
as we see above in the picture, the euro can't move through the resistance area at 1.3178. this is one sign that USD is still in the bull performance. so I will sell Euro in this time with taking profit at 61.8 hourly fibo level.
---------- Post added at 06:06 AM ---------- Previous post was at 04:43 AM ----------
I didn't notice that in Eur JPY, have a gap in this week opening chart.
this is a great chance as we know that gap always try to close in the open gap area. I will sell here at 131.26 and make some taking profit in 130.36.
ah I made a mistake yesterday, I've got loss from EU trade, for 190 dollars now I have minus floating for selling EU,. i didn't notice that Syria war issue impact the dollars. no I see bullish trend for EU I will make a pending order buy limit in 1.3214 and take profit at 1.3251
---------- Post added at 07:13 AM ---------- Previous post was at 06:59 AM ----------
and for EJ, I prefer to keep my opening transaction as the pair not yet close the gap, and I opening new order for sell at the resistance area at 132.25 and take profit at opening yesterday at 131.25. wish me luck
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