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Tom81 replied Apr 18, 2017GBPJPY update -> anticipating falling wedge (daily chart) bullish breakout
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 18, 2017AUDJPY -> price at critical support level 200 daily SMA + rising trend line + previous resistance turning support. Now, AUD is weak across the board today, so I would be more careful going long then usual.
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 18, 2017I couldn't agree more. I'm also an F grade student, wrong 60 % of the time and still make money
It's hard to comprehend, but it's all just basic math.Top Reasons Why Most Beginner Traders Fail
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Tom81 replied Apr 18, 2017GBPNZD update -> still in the game. Correction was deeper then expected, but stayed within predicted area. I moved SL to break even when price reached 1 RR ratio. Let's see how this trade plays out...
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 18, 2017AUDNZD update -stopped out. AUD took a hit across the board when RBA's Monetary Policy Meeting Minutes were published. Market has evaluated BRA's status quo as bearish, AUDNZD was no exception:
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 14, 2017I'm trading live for 9 years and I'm a member of this forum for 8 years now... So if I'm a newbie in your eyes, let it be so. You're not obligated to read my posts, so just move on.
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 14, 2017As you can see from my trading samples, it's very important to only take trades in places that offer relatively high risk : reward ratio. If you are a trader that hate to lose, such trading style may not suit your personality. With RR ratio being 2 ...
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 14, 2017NZD/USD update -> flag pattern broken to the upside -> possible ACB bullish correction scenario
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 13, 2017GBP/NZD -> maybe not bad place to buy...
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 12, 2017Trump opens his big mouth and gold begins to shine bright.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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Tom81 replied Apr 12, 2017It's official now. U.S. citizens have elected lunatic in the oval office. He loves low interest rates, he hates strong USD, he likes Yellen, but he will fire her anyway... Who in their right mind speaks like this?
EURUSD
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Tom81 replied Apr 12, 2017GBP/NZD update -> pair has broken above 1.8000 (double bottom like formation on daily chart)
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 12, 2017AUD/NZD update -> pair has finished ABC correction
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 12, 2017AUD/JPY update -> at critical support. Lets see if we can get some kind of consolidation, reversal signal around 81-82 area ... Be aware, this is very risk sentiment correlated pair. If markets get scared in any way, bears will eat this support area ...
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 10, 2017EUR/NZD Update: Will range support at 1.52 hold again?
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 10, 2017USD/CAD update -> OIL is ruling over this pair once again.
Trend Trading with Fibonacci & RSI
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Tom81 replied Apr 10, 2017AUD/NZD completing projected ABC correction. Lets see how it will behave around 1.0700-1.0750 area. If we see support here, we might have opportunity to go long. If price falls below 1.07, next support area might be around 1.060-1.055. I would ...
Trend Trading with Fibonacci & RSI