Devhuti's Posts - Page 4

USD/JPY in Experienced Traders Mar 30, 2017 at 04:37

The USDJPY was indecisive yesterday. The bias is neutral in nearest term. The “hammer” bullish reversal scenario remains valid and any sustained movement back above 111.30 could create a nice bullish run testing 112.00 – 113.00 region or higher. On the downside, key support remains at 110.10. A clear break below that area would cancel the “hammer” bullish reversal scenario.

GBP/USD daily outlook in Experienced Traders Feb 21, 2017 at 15:35

The GBPUSD had a moderate bullish momentum yesterday topped at 1.2482. The bias remains neutral in nearest term. Immediate resistance is seen around 1.2520. A clear break above that area could trigger further bullish pressure testing 1.2580. Immediate support is seen around 1.2435. A clear break below that area could trigger further bearish pressure testing 1.2380/40 area.

USD/JPY in Experienced Traders Feb 21, 2017 at 15:33

The USDJPY had a bullish momentum earlier today in Asian session hit 113.69. The bias is bullish in nearest term testing 114.00/30 area but overall I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell. Immediate support is seen around 113.35. A clear break below that area could lead price to neutral zone in nearest term testing 112.65 area.

How to turn $500 into a Million in 3 years with 1% risk money management? in New Traders Feb 11, 2016 at 13:22

Go for signals up to 300 to 400pips

Who can earn 100% return a month with a DD below 50% and on a regular basis? in General Jan 16, 2016 at 17:40

yes its possible for long term .Visit http://www.myfxbook.com/members/Devhuti

USD/JPY in Experienced Traders Jan 16, 2016 at 17:40

Wave analysis and forecast for 15.01 – 22.01: Downtrend continues.Estimated pivot point is at the level of 118.42.Our opinion: Sell the pair from correction below the level of 118.42 with the target of 116.00 – 115.00.Alternative scenario: Breakout and consolidation of the price above the level of 118.42 will enable the pair to continue the rise up to the levels of 121.00 – 122.00.Analysis: The formation of the wave С of 4 of the senior level continues. Within this wave the impetus is likely to develop. At the moment, the formation of the third wave of the impetus iii of C is...

EUR/USD in Experienced Traders Jan 16, 2016 at 17:40

Wave analysis and forecast for 15.01 – 22.01: The pair is likely to grow. Estimated pivot point is at the level of 1.0707.Our opinion: Buy the pair from correction above the level of 1.0707 with the target of 1.1250 – 1.16.Alternative scenario: Breakout and consolidation of the price below the level of 1.0707 will allow the pair to continue to decline to 1.06 – 1.05.Analysis: Presumably, the formation of the local correction as the second wave ii of 3 has completed. Locally, it seems that the one-two wave (i) of iii is being formed, as well as the correction to it as the wave...

Who can earn 100% return a month with a DD below 50% and on a regular basis? in General Dec 15, 2015 at 11:26

Its possible to run with real account with 100% profit

DEMO ACCOUNT vs LIVE ACCOUNT in New Traders Dec 15, 2015 at 11:26

correct apip .people are loosing money with real money.

EUR/USD in Experienced Traders Dec 15, 2015 at 11:26

Sell EURUSD at 1.1060 TP 1.01020

USD/JPY in Experienced Traders Dec 09, 2015 at 08:53

sell USDJPY from 123.05 TP 122.90 to 122.60 SL 123.20

GBP/USD daily outlook in Experienced Traders Dec 09, 2015 at 08:53

I looked at the charts today and see that there was very little price action on most of the currency pairs. Traders I have looked at the charts and I have to say I do not like what I am seeing as there is very little price action. I would think this is that in a week the FOMC will announce the interest rate and if they are going to raise it, Traders are just staying on the side. Trades my suggestion is to trade a demo account……Plan Your Trade and Trade your Plan !OK let us take a look at the currency pair of the day that is the GBPUSD- This is the 30 minute chart.l have looked at...

EUR/USD in Experienced Traders Dec 09, 2015 at 08:53

sell eurusd at 1.0910 tp 1.0890 SL 1.0920

EUR/USD in Experienced Traders Dec 07, 2015 at 08:03

The EURUSD had a bullish momentum last week topped at 1.0980 but closed a little bit lower at 1.0876. The bias is neutral in nearest term but as you can see on my H1 chart below we have a bullish flag formation suggests a bullish scenario especially if price able to break break above the flag and 1.0925/50 resistance targeting 1.1050. My major technical outlook remains neutral but as long as stays above 1.0800 I prefer a bullish intraday scenario at this phase.

GBP/USD daily outlook in Experienced Traders Dec 07, 2015 at 08:03

The GBPUSD was indecisive last week. The bias is neutral in nearest term. Immediate resistance is seen around the trend line resistance and 1.5200 area as you can see on my H1 chart below which is a good place to sell with a tight stop loss targeting 1.5000 region. Immediate support is seen around 1.5080. A clear break below that area could trigger further bearish pressure testing 1.5000 region. My major technical outlook remains neutral.

USD/JPY in Experienced Traders Dec 07, 2015 at 08:03

The USDJPY had another indecisive movement last week. As you can see on my H4 chart below price is still trapped between 123.60 – 122.20 range area. Overall I prefer a bearish scenario at this phase but need a clear break below 122.20 to confirm the bearish scenario. On the upside, key resistance remains around 123.60 which is a good place to sell with a tight stop loss as a clear break and daily close above that area could trigger further bullish pressure testing 124.50 area or higher.

EUR/USD in Experienced Traders Dec 01, 2015 at 13:51

The EURUSD didn’t make significant movement yesterday. The bias remains neutral in nearest term probably with a little bullish bias testing 1.0650 area and the trend line resistance which is a good place to sell with a tight stop loss above the trend line resistance targeting 1.0500 area. Immediate support is seen around 1.0550. A clear break below that area could trigger further bearish pressure testing 1.0500. On the upside, a clear break and daily close above the trend line resistance would interrupt the bearish scenario testing 1.0800 key resistance area.

USD/JPY in Experienced Traders Nov 30, 2015 at 08:08

The USDJPY was indecisive last week formed a Doji on weekly chart. As you can see on my H4 chart below price is still moving inside a range area between 123.60 – 122.20. The bias is neutral in nearest term. I prefer a bearish scenario at this phase but need a clear break below 122.20 to confirm the bearish scenario testing 121.50 or lower. On the upside, 123.60 remains a key resistance. A clear break above that area could trigger further bullish pressure testing 124.00/50 region.

GBP/USD daily outlook in Experienced Traders Nov 30, 2015 at 08:08

The GBPUSD regained its bearish momentum last week, broke below the minor bullish channel as you can see on my H1 chart below suggests a bearish outlook. The bias is bearish in nearest term testing 1.5000 psychological support. A clear break and daily close below that area could trigger further bearish scenario testing 1.4850 region. Immediate resistance is seen around 1.5070. A clear break above that area could lead price to neutral zone in nearest term testing 1.5130 area.

GBP/USD daily outlook in Experienced Traders Nov 23, 2015 at 07:47

The GBPUSD attempted to push higher last week topped at 1.5335 but whipsawed to the downside and broke below the bullish channel and the H1 EMA 200 as you can see on my H1 chart below, suggests a potential bearish scenario. The bias is bearish in nearest term testing 1.5090 area. Immediate resistance is seen around 1.5200/25 area which seems to be a good place to sell with a tight stop loss.mail me at shailesh_goswami(at)yahoo(dot)com

EURUSD	1.07734	GBPUSD	1.25668	AUDUSD	0.6626
USDJPY	153.947	USDCAD	1.3659	USDCHF	0.90614

Posts by Devhuti