Showing posts with label first. Show all posts
Showing posts with label first. Show all posts

Thursday, 12 May 2016

My First Bitcoin Meme To Le Moon - ddfx forex trading system version 4.0

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My First Bitcoin Meme To Le Moon ~ ddfx forex trading system version 4.0


All this Bitcoin craze has inspired me to make my first Meme ever! I call it To Le Moon, enjoy!


Do you wanna be this guy?


Or this guy?

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Friday, 22 April 2016

Cadchf In a Triangle - forex trading machine review

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Cadchf In a Triangle ~ forex trading machine review


On 23rd of september, I posted my view on this pair based on elliot wave analysis, you can read here.


Price has not been moving downwards as i forecast. With more price candles formed especially on the 4H chart, I have now come with an alternative wave count. Let me stress it that the two wave counts are still valid until price proves one correct and the other incorrect.


Price presently is consolidating in a triangle pattern and a break below it will support the bears and the first wave count will thereby be valid.






Going by the alternate wave count, the 5-wave bullish impulsive move explained in the first analysis might not be ended yet, It could be the wave 1 of the 5th wave of the impulsive move which started from 0.8400 support level and the present triangle could be wave 2 of 5.

 If the triangle is broken upside, price should continue the upside move to 0.8690-0.8700 which is a strong resistance.


Breakout of the triangle should decide the next medium term movement of this currency pair and I will watch out closely to be part of the move.




I am presently out of my bear position. I want to be sure of the next move before I join again.
I will keep an update of this pair as price movement unfolds


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Sunday, 3 April 2016

Why I sold Cadchf - forex trading magic review

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Why I sold Cadchf ~ forex trading magic review


What we are having presently is price reacting to a probable end of an impulsive move on the daily chart which started in march.

This move is terminating at a resistance ( 0.8600) and price should start reversing in a new journey to 0.8150 (a support close to 61.8% retracement of this move).








This impulsive move is part of a retracement of the long term bearish move of this pair which could still move which could take us to as high as 0.8870 before the bearish move should continue.


At the moment, a corrective move is expected to 8150 and a bit below before the bullish renewal which could take us to 8870.


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