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analyst75

Market Wizard
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analyst75 last won the day on March 24 2018

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About analyst75

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  • First Name
    Azeez
  • Last Name
    Mustapha
  • Country
    Nigeria
  • Occupation
    Forex analyst, coach and funds manager
  • Biography
    Tallinex focuses on risk mitigation, leading us to develop proprietary trading technologies. All Tallinex trades are transmitted swiftly and reliably to the world's largest banks through a PrimeXM FX bridge to Integral's FX Grid system, which is optimized for Forex trading. Our clients can therefore benefit from better ECN/STP technology and confidently trade the Forex markets through Tallinex.
  • Interests
    Forex trading

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    Coach
  • Favorite Markets
    Currencies
  • Trading Platform
    Meta Taders 4
  • Broker
    Tickmill

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  1. Unfortunately, if you’ve sent crypto, it’s likely gone for good, never to be recovered. At this point, because of the worldwide nature of cryptocurrency, there is no central authority that can help you recover your crypto. Make sure that what ever price you paid becomes tuition in the school of crypto life. You’ve learned a hard lesson. Print a certificate or do whatever you need to do help you move on, but ultimately learn from the experience and move on. Trying to recover what you sent is a battle you will likely waste more time, energy, and maybe money on with NOTHING to show for it in the end.” – Airdrops Blog Profits from games of knowledge: https://www.predictmag.com/
  2. DeFi Coin Soars By Over 500% In Two Days As DEFC Prepares For Bull Cycle DeFi Coin (DEFC) surged by over 175% last Wednesday alone, as the price rallied to $0.23 on Bitmart. On that day, the DeFi token jumped from a daily low of $0.08 to tap a high of $0.25, a jaw-dropping 300% single-day move. That said, DEFC did not stop there. Instead, the cryptocurrency surged by another 124% between May 5 and May 6. However, it has since retraced to the $0.470 area, where it currently trades. That said, analysts opine that bullish continuation might be brewing in the background for the DeFi token. Impressively, DeFi Coin put up this exceptional bullish performance when most of the market suffered monumental losses, as Bitcoin slumped to the $33,000 low, a record yearly low. In other news, DeFi Coin recently achieved another milestone in its roadmap after launching its Defiswap.io decentralized exchange (DEX), app, and farming pool. DEFC aims to become the go-to alternative to decentralized exchange giants, like Pancakeswap, Uniswap, and Sushiswap, and provides liquidity for crypto token swaps in a decentralized setting. A recent report suggested that DEFC could attract a listing on Coinmarketcap with its recent meteoric rally, which should amplify the token to more audiences and attract more investors and developers. Key DeFi Coin Levels To Watch — May 9 As mentioned earlier, DEFC has recorded a massive boom over the past few days after recording an activity and volume spike last Wednesday. DEFC 4-Hour Chart on TradingView. The decentralized token jumped by a volcanic 514% between Wednesday and Friday before correcting mildly to the $0.470 zone. The cryptocurrency still trades up by 411% from its lowest point in May, recorded on May 4. With the bearish pressure on the broader market persisting on Monday, DeFi Coin could record a bullish slow down and enter a sideways pattern. However, analysts believe that the cryptocurrency has now touched the floor from its recent crash, adding that it could start a bull cycle soon. Meanwhile, my resistance levels are at $0.500, $0.550, and $0.600, and my support levels are at $0.450, $0.400, and $0.350. Total Market Capitalization: $1.51 trillion DeFi Coin Market Capitalization: $49.3 million Source: https://learn2.trade
  3. “Forbes magazine just updated their annual lists of billionaires. And if you’ve been following the red-hot crypto market, it should come as no surprise that more and more new crypto billionaires are being minted. Here are just four examples: Jed McCaleb — early investor in both Ripple (XRP) and Stellar Lumens (XLM). Tyler Winklevoss — invested heavily in Bitcoin starting back in 2012. Cameron Winklevoss — also an early Bitcoin investor. Tim Draper — invested in Bitcoin in 2014 and was one of the early investors in leading altcoin Tezos. Can you see what they have in common? They’re billionaires today because they invested in young, up-and-coming cryptocurrencies before they were well-known. They bought Bitcoin in its early days. Or they were among the early investors in newer cryptos that took blockchain technology to the next level. It’s just more evidence of what I’ve been telling you for weeks: For the opportunity to build the kind of monumental wealth that early Bitcoin investors have created, you need to look beyond Bitcoin, even beyond the most popular altcoins. You need to explore a sector of the crypto world that almost no one has ever heard of — a small group of new, under the radar cryptocurrencies that could soon burst out of the digital shadows.” - – Altucher Confidential Profits from games of knowledge: https://www.predictmag.com/
  4. Solana (SOL) Declines To $95 Low But Recovers Above $100 Solana consolidates above $100 SOL/USD is in a downtrendSolana (SOL) Current Statistics The current price: $101.36 Market Capitalization: $51,901,058,136 Trading Volume: $1,876,922,199 Major supply zones: $280, $300, $320 Major demand zones: $160, $140, $120Solana (SOL) Price Analysis April 18, 2022Solana’s (SOL) price is in a downtrend as the cryptocurrency recovers above $100. Solana is trading above the 50-day line SMA but below the 21-day line. Since April 11, the altcoin has been fluctuating between the moving averages. The bulls and bears are yet to break the moving average lines. A break below or above the moving average lines will compel the altcoin to trend. Today, the altcoin is trading above the 50-day line SMA if the bears break below the current support, the market will decline to the lows of $87 or $77 price levels. Conversely, if price rebounds above current support, the 50-day line SMA will be broken and Solana will rise to revisit the previous highs. SOL/USD – Daily Chart Solana (SOL) Technical Indicators Reading The altcoin is at level 45 of the Relative Strength Index for period 14. The market is in the downtrend zone and below the centerline 50. The crypto’s price is between the moving averages as the altcoin continues to be range-bound in a range. Solana is above the 70% range of the daily stochastic. The market is in a bullish momentum. The 21-day line and the 50-day line SMAs are sloping downward.Conclusion SOL/USD is in a downward move as it recovers above $100. The altcoin is making an upward correction as it faces rejection at the high of $103. Meanwhile, on April 7 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that Solana will fall to level 1.618 Fibonacci extensions or $93.84. SOL/USD – 4 Hour Chart Source: https://learn2.trade
  5. Bitcoin SV Price Analysis – April 25 Further increase in the bears’ pressure will decrease the price to break down the support level of $73 which may expose the price to $50 and $41 price level. In case the support level of $73 holds, the price may increase towards the resistance level at $87, $105 and $123. Key Levels: Resistance levels: $87, $105, $123 Support levels: $73, $50, $41 BSV/USD Long-Term Trend: Bearish On the daily chart, Bitcoin SV is bearish. Last two weeks, the coin was on the bullish movement in the daily chart. The resistance level $105 was tested when the price pulled back from $73 support level. The bears opposed the price increase and long tailed daily candle formed. Follow the scenario is the formation of bearish engulfing candle which triggered a bearish trend. The price is currently facing previous low of $73 price level. The two EMAs are bending down to follow the direction of the price. The crypto continue its trading below the 9 periods EMA and the 21 periods EMA which indicate bearish momentum. Further increase in the bears’ pressure will decrease the price to break down the support level of $73 which may expose the price to $50 and $41 price level. In case the support level of $73 holds, the price may increase towards the resistance level at $87, $105 and $123. BSV/USD Medium-Term Trend: Bearish Bitcoin SV is on the bearish movement on the medium-term outlook. The bears eventually dominates the Bitcoin SV market. The momentum of the bears increase and the price decline to break down the support level at $87. The price is decreasing towards the support level of $73 at the moment. The price is trading below the 9 periods EMA and 21 periods EMA which indicate that bears are in control of the market. The relative strength index period 14 is below $25 levels displaying a bearish signal. Source: https://learn2.trade
  6. LUCKY BLOCK MARKET PREDICTION: LBLOCK/USD ANTICIPATES AN IMMINENT UPRISING Lucky Block Market Prediction – April 13 The Lucky Block market prediction is for an imminent uprising as the price touches down at the $0.00246460 key support level. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels: Supply Zones: $0.00378260, $0.00324440, $0.00272320 Demand Zones: $0.00272320, $0.00246460, $0.00222220 LBLOCK/USD is currently anticipating an imminent uprising as it drops lower. The market’s downward slide is an opportunity to accommodate more buy traders are low price levels. There is a good chance that the market’s uprising will begin from its current support level at $0.00246460 or a more substantial confluence level just below the current level. Lucky Block Market Prediction: LBLOCK/USD Is Gathering Momentum for an Uprising In a bid for the market to return under their dominance, the buy-traders have stopped directly pushing against the $0.00304100 resistance zone. Instead, the bulls have allowed a drop in the price to accommodate more market investors. The lower the price, the more buy-traders are added, and the greater the probability of an imminent uprising. The market failed to rally at $0.00272320 and has dropped to $0.00246460, where bulls anticipate a price rise. A predominantly bearish MACD (Moving Average Convergence Divergence) chart shows reducing bearish momentum as its line gyrates closer to the zero level from below. LBLOCK/USD Medium-Term Trend: Bullish (5-minute chart) The 5-minute chart shows that the price has been bouncing on the $0.00246460 significant support level. However, the squeeze of the Bollinger Band around the candles speaks of the current silent nature of the market. This is the same situation on the 30-minute chart. There is a more positive outlook for the bulls on the MACD chart. Its lines have shifted from predominantly bearish to fluctuating around the zero level. If the market fails to drive up from this level, it will drop to a more substantial level below, at $0.00222220, which contains a bullish confluence. Whenever the market rises, it will aim to break the $0.00304100 resistance level. Source: https://learn2.trade
  7. REGAINS BULLISH MOMKey Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For instance, if the bears break below the 50-day line moving average, the downtrend will resume. The market will decline to the low of $1,844. On the upside, if the bulls break above the 21-day line moving average, Gold will rise to revisit the previous high of $2,040. However, the market will continue to consolidate if the range-bound levels remain unbroken. XAUUSD – Daily Chart Daily Chart Indicators Reading: Gold is at level 54 of the Relative Strength Index for period 14. It is now in the uptrend zone and capable of rising to the upside. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend. The price bars are between the moving averages indicating the range-bound move. Gold (XAUUSD) Medium-term bias: Bullish On the 4-hour chart, the Gold price is in an upward move. The uptrend has been stuck below the $1,960 resistance zone. Meanwhile, on March 23 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Gold will rise but reverse at level 1.272 Fibonacci extension or $1,956. From the price action, Gold has retested the level 1.272 Fibonacci extension and reversed it. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 80% range of the daily stochastic. Gold is likely to face rejection as the market reaches the overbought region. The 21-day SMA and the 50-day SMA are sloping upward indicating the downtrend. General Outlook for Gold (XAUUSD) Gold’s (XAUUSD) price is in a sideways trend as it regains bullish momentum. The uptrend is facing rejection at the $1,960 high. The price indicator has shown that Gold is in the overbought region of the market. There is the possibility of price fall. Source: https://learn2.trade
  8. WHY I’M BULLISH ON “HISTORICAL” NF In 2020, the global NFT market did about $338 million in transaction volume. In 2021, it surpassed $41 billion. Meanwhile, the global physical collectibles market, including trading cards, games, toys, coins, etc., is a $370 billion market. If history is any indication, when a physical market goes digital, it eventually grows even bigger than the traditional market. For example, the e-commerce market is already bigger than the physical retail market. The digital entertainment market is bigger than the physical entertainment market. NFTs are unique because they combine several lucrative markets into one. Art + Collectibles + Luxury Goods + Gaming + Gambling Added up, these markets represent a $1 trillion+ opportunity. That’s why some analysts predict the digital collectibles market could be at least twice as big as the physical collectibles market in less than ten years. And, looking out further, the broader NFT market — with potential use-cases for everything from event tickets to supply chain tracking — could become bigger than the Internet. In short, there’s room to grow. But, here’s a harsh truth: About 99% of the digital collectible NFTs that exist today will go to zero. (By the way, that’s what James and I said in 2017 about the ICO market. Fact check: true.) That’s why, when it comes to NFTs, I focus almost exclusively on a certain class of NFTs… those with historical value. Let me explain why, and tell you about the first NFT I bought in 2017. Life of a Nomad I’ve been writing about, studying, and engaging in the cryptosphere since about 2012-2013. In 2014, as part of this journey, I gave up my apartment and started living a nomadic lifestyle, writing, traveling, learning, and seeing the world. For about five years, I made homes everywhere. Bangkok to Brazil. Texas to Tijuana. Lithuania to Little Rock. Malaysia to… the magnetic meridian. All over. Everywhere I went, I sought out the crypto communities. (And they were around, even back then.) It was beautiful, but got lonely. After year three, I felt like a ghost floating around the world, watching others grow roots and forge lasting relationships. Of course, I’m grateful I was able to do it before everything shut down and was hurled into chaos. But the lifestyle alone was chaotic enough. To scratch the surface… I escaped packs of wild dogs in Bangkok and a wild-eyed stalker in Kuala Lumpur. I found myself at the center of a psychedelic renaissance in Prague… and hitchhiked on a mustachioed bus with a random group of Canadians all along the West Coast. But nothing prepared me for South America… and my first foray into NFTs. Build a Blockchain In 2017, on a whim, I ended up in Brazil. There, I signed up for an alternative academy called Exosphere, where you could take unconventional classes on things like “How to Live on Mars,” “Biohacking 101,” and “How to Build a Blockchain.” I helped to build a blockchain-based voting system for a small village in Chile. No idea if they used it, but it worked. (Upon completion, I screamed “It’s alive! It’s alive! Now I know what it feels like to be God!” as my hunchbacked assistant stared at it in wonder.) In 2017, you’ll recall, Venezuela was crumbling. Hyperinflation. Shortages. Violence. Chaos. It was all over the news, and during a time when toilet paper shortages seemed unprecedented. In the middle of this chaos, however, I caught wind of a tiny technology company getting rich in Venezuela… from art on the blockchain. Huh? Turns out, a small group of Venezuelans were minting their Pepe the frog digital art on the Bitcoin blockchain and making bank. But the Venezuelans didn’t call them NFTs. Nobody had heard of “NFTs” back then. They called them Rare Pepes. [By the way, here’s a bit of trivia: The term “NFT” was coined in 2017 by Dieter Shirley, co-creator of CryptoKitties, the first NFT collection on Ethereum.] The Rarest Pepe Intrigued, I tracked them down and got their story. Bitcoin and Rare Pepe memes saved their small digital arts business. In fact, they were one of a few companies left in their once-thriving business district. The ring leader, John Villar (who, unfortunately, passed away last year), convinced me that art on the blockchain had a future. I had a feeling. I bought the first card from the collection for about $250. I then got a cheap notebook (Frozen-themed, because, strangely, kid’s notebooks were all I could find in Brazil at the time), and wrote down the seed phrase. I’m glad I did because of what happened next. Disaster Strikes A couple of months later, after a series of mishaps, I landed in Guatemala. There, a 5,000 pound boulder crashed through the roof of the house I was living in. It landed in bed with me. Instead of dying, which seemed like the only plausible option at the time, I fell out of bed. But instead of hitting the upstairs bedroom floor, which also seemed likely, I opted for another unlikely scenario: I fell out of the house completely and landed in the backyard. (The boulder landed downstairs in the kitchen, hovering above me, held back by a few strands of rebar.) You can actually see my bed underneath it. Sounds crazy, but it felt like I was pulled out from that house. Saved. Lady luck wasn’t as generous to my laptop. Though it was in my lap during the crash, I later found it downstairs in the kitchen, hiding underneath the boulder. But you know what else did survive? That Frozen notebook with the seed phrase for the Rare Pepe card. Untouched. (Always write down your seed phrases! And maybe, for good luck, write them down in Frozen notebooks.) For years, I held onto the notebook, convinced that John Villar’s vision of art on the blockchain would one day come true. Fast-forward to 2021, NFTs went mainstream. Rare Pepes were quickly recognized as “historical” NFTs and the one I bought — Series 1 Card 1 — had already become highly coveted. Not missing a beat, I quickly sold that RarePepe for 111 ETH, or around $300,000. Historical NFTs All of this piqued my interest in “historical” NFTs. When it comes to “digital collectibles,” new NFTs are being minted every minute. Thousands come online every single day. The market is drowning in JPEGs. But if NFTs are indeed here to stay… Those with historical significance have the best chance at sticking around and seeing a dramatic appreciation in price. After all, the “historical” NFT supply is fixed. It will only decrease from here as wallets are forgotten and lost. Right now, the historical NFT projects are overlooked in favor of apes and derivatives of apes and derivatives of those apes. But I don’t think that will be the case for long. For now, it represents a huge opportunity for those with patience, conviction, and a little bit of luck. NB: By Chris Campbell Source: https://learn2.trade/why-im-bullish-on-historical-nfts
  9. Yahoo boys should be called thieves. Period. When you say someone is a Yahoo boy, you are simply embellishing their evil profession. “Aponle ni Mola, Hausa ni Hausa nje.” Meaning: Malam is an honorary word, Hausa is Hausa. “Adape oro ni omo mi nfewo.” Meaning: It is euphemistic to say my child is light-fingered. Yahoo involves impersonation, lies and pretense to obtain money or anything of values from unsuspecting victims. That is theft. So Yahoo boy is a euphemistic word. A thief is a thief. ONE Her boyfriend is a Yahoo boy. He just bought her an iPhone. – Wrong Her boyfriend is a thief. He just bought her an iPhone – Right. TWO Some Yahoo boys have bought cars for their mothers. – Wrong Some thieves have bought cars for their mothers – Right THREE How can I become a Yahoo boy? – Wrong How can I become a thief?” – Right About 5 Yahoo boys are doing rituals now. – Wrong FOUR About 5 thieves are doing rituals now. – Right Calling them Yahoo boys would make them feel they are special and doing something unique. Another better word is to call them an Internet thieves. Profits from games of knowledge: https://www.predictmag.com/
  10. ILVER (XAGUSD) PRICE IS STRUGGLING TO BREAK UP $25 RESISTANCE LEVEL SILVER Weekly Price Analysis – March 03 In case the bulls are able to increase their momentum and penetrate the resistance level at $25 with the daily candle close above it, then, the price may increase further to $26 and $27 price level. Should the bears defend the resistance level of $25, the support level at $24 may be penetrated and price may decrease to $23 and $22 levels. XAGUSD Market Key Levels: Resistance levels: $25, $26, $27 Support levels: $24, $23, $22 XAGUSD Long-term trend: Bullish On the long-term outlook, XAGUSD is bullish. Bulls dominate the Silver market started from February 04. The bulls push up the currency pair and the resistance levels of $21, $22 and $23 has turned to support levels. The white metal pulls back to retest the support level of $23 before bulls exert more pressure and the price increase to $25 level. There is tendency for the price to increase further this week if bulls exert more pressure. The price is trading above the 9 periods EMA and 21 periods EMA at a distance is an indication of bullish movement. In case the bulls are able to increase their momentum and penetrate the resistance level at $25 with the daily candle close above it, then, the price may increase further to $26 and $27 price level. Should the bears defend the resistance level of $25, the support level at $24 may be penetrated and price may decrease to $23 and $22 levels. The relative strength index period 14 is at 71 levels and the signal line bending up to indicate buy signal. XAGUSD Medium-term Trend: Bullish XAGUSD is bullish on the 4-hour chart. Last week, the bears’ momentum pushes the price from the $25 resistance level. The bulls’ pressure could not break up the level due to weak bullish momentum. The evening star candle pattern formed and the bears’ momentum increased and tested $23 level. At the moment, the price is inclining to break up $25 resistance level. Silver price is trading above the 9 periods EMA and 21 periods EMA. The Relative Strength Index period 14 is displaying a bullish market direction. Source: https://learn2.trade
  11. GOLD CONSOLIDATES ABOVE $1,907 AS IT REGAINS BULLISH MOMENTUM Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For instance, if the bears break below the 50-day line moving average, the downtrend will resume. The market will decline to the low of $1,844. On the upside, if the bulls break above the 21-day line moving average, Gold will rise to revisit the previous high of $2,040. However, the market will continue to consolidate if the range-bound levels remain unbroken. XAUUSD – Daily Chart Daily Chart Indicators Reading: Gold is at level 54 of the Relative Strength Index for period 14. It is now in the uptrend zone and capable of rising to the upside. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend. The price bars are between the moving averages indicating the range-bound move. Gold (XAUUSD) Medium-term bias: Bullish On the 4-hour chart, the Gold price is in an upward move. The uptrend has been stuck below the $1,960 resistance zone. Meanwhile, on March 23 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that Gold will rise but reverse at level 1.272 Fibonacci extension or $1,956. From the price action, Gold has retested the level 1.272 Fibonacci extension and reversed it. XAUUSD – 4 Hour Chart 4-hour Chart Indicators Reading XAUUSD is above the 80% range of the daily stochastic. Gold is likely to face rejection as the market reaches the overbought region. The 21-day SMA and the 50-day SMA are sloping upward indicating the downtrend. General Outlook for Gold (XAUUSD) Gold’s (XAUUSD) price is in a sideways trend as it regains bullish momentum. The uptrend is facing rejection at the $1,960 high. The price indicator has shown that Gold is in the overbought region of the market. There is the possibility of price fall. Source: https://learn2.trade
  12. Hi Traders: On a yearly basis, we choose a few of our loyal customers, and they become our Neteller VIPs. This year, we have selected new Neteller VIPs, to join our existing one. They are: Johnson Michael Temitope: This is our famous Mabelynene. He buys and sells Neteller constantly and he has been doing that for many years. We wish him the best in the years ahead. John Ndubuisi Nwankwo: This great guy (also known as PrinceJohn) doesn’t make calls, nor send email or nor IM. He’s best known as an SMS buyer. He simply sends us SMS whenever he needs Neteller and we fulfill his orders as soon as we can. He is one of our most consistent buyers. Olokuntoye Ibukun: Topechat is his handle. This is also one of our consistent buyers and sellers. He doesn’t buy Neteller only, as he also does Perfect Money (PM). He has referred customers to us, and we really appreciate him for that. NB: We now have a total of 26 VIPs in the house. Who are the OUR NETELLER VIPs? ITU GLOBAL VIP MEMBERS’ REWARDS Every calendar year, we choose 2 customers to become our VIPs. They have permanently special status with us and they can fund/withdraw Neteller through us, at parallel market rates, whether they open brokerage accounts through us or not. These are people who funded with the highest amount of Neteller, and who also withdrew the highest amount of Neteller through us. They would be announced in January each year and added to our list of VIPs. Their status is permanent. To fund and withdraw with Neteller, please visit: www.instantforex.com.ng
  13. Why 95% of traders fail? In this post, we will discuss the trader's road to success and why most of the traders give up at the halfway point. On the chart, I was trying to portray the journey of a trader: most of the traders start this game with gambling. They randomly buy and sell the market relying on their intuition and with a high degree of probability end up with nice cush.💰 However, as they proceed they realize that the profits that they made were the product of luck, not skill. 🍀 The more they trade, the less they win. At some moment losing trades start to outperform winners. Trying different things, jumping from one strategy to another, one comes to the conclusion that nothing seems to work.🙅‍♂️ He goes broke, he is panicking. At that stage, the majority blame the market for their failure. Forex, stocks, gold trading is complete scam. Making profits on the market is not possible. They give up and leave.👣 Only 5% are persistent. Only 5% are blaming themselves not the market for their failure. They start following a strict trading plan, they follow risk management recommendations of pro traders and at some moment they start making 0.📝 Buying and selling the market, at the end of the day, they don't lose anymore. That is the most important milestone in a trader's journey. Realizing that the one stopped losing, a trader starts polishing and improving his rules in order to achieve better results. He trains and works with his psyche.💪 After years of struggling, one finally contemplates a consistent account growth. He became a pro trader.🏆 I wish you to be persistent, traders and don't give up. Patience pay and at the end of the day winners win: https://www.tradingview.com/chart/BTCUSD/ZmLTunDW-The-Journey-of-a-Trader/?utm_source=Weekly&utm_medium=email&utm_campaign=TradingView+Weekly+151+%28EN%29 Profits from games of knowledge: https://www.predictmag.com/
  14. AUDUSD PRICE REACHES $0.755 RESISTANCE LEVEL, WHAT NEXT? AUDUSD Price Analysis – March 30 The breaking up of $0.755 level by the bulls may push the price to test the resistance level of $0.763 and $0.770. Failure to break up the $0.755 level may lead to price reversal movement towards the support level of $0.745, $0.731 and $0.717. AUD/USD Market Key levels: Resistance levels: $0.755, $0.763, $0.770 Support levels: $0.745, $0.731, $0.717 AUDUSD Long-term trend: Bullish On the daily chart, AUDUSD is bullish. The currency pair really follow the direction of double bottom chart pattern formed Last three weeks. The currency pair formed a double bottom chart pattern at the support level of $0.968. The bullish momentum in the daily chart increased and turned the former resistance levels of $0.731 and $0.745 to support levels. The price reaches the high of $0.7555 last week and started a consolidation movement. AUDUSD price is currently trading above the 9 periods EMA and 21 periods EMA which indicate that bulls’ momentum is increasing. The relative strength index period 14 is at 66 levels and the signal lines pointing up displaying bullish direction. The breaking up of $0.755 level by the bulls may push the price to test the resistance level of $0.763 and $0.770. Failure to break up the $0.755 level may lead to price reversal movement towards the support level of $0.745, $0.731 and $0.717. AUDUSD medium-term Trend: Bullish AUDUSD is bullish on the 4-hour chart. The sellers’ pressure was terminated at the support level of $0.717 on March 16. The bears’ pressure failed and the buyers gained more pressure to push up the price. The resistance level of $0.755 was tested last week after it penetrated $0.731 and $0.749 levels upside. AUDUSD is trading above the 9 periods EMA and 21 periods EMA. The relative strength index period 14 is at 62 levels and the signal lines pointing up to indicate a buy signal. Source: https://learn2.trade
  15. EUR/JPY REACHES AN OVERBOUGHT REGION, MAY FURTHER RISE TO LEVEL 136.16 Key Resistance Levels: 132.00, 133.00, 134.00 Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish EUR/JPY pair has broken the previous overhead resistance and may further rise to level 136.16. The first uptrend retraced to the low of level 133.72 and commenced an upward move. Further upward move is unlikely as the market reaches the overbought region. In the first uptrend, EUR/JPY reached the overbought region at level 71 of the RSI but it fell to level 67. Buyers are still pushing the pair to the previous highs which may result in a fall. EUR/JPY – Daily Chart Daily Chart Indicators Reading: EUR/JPY is at level 69 of the Relative Strength Index for period 14. The currency pair is in the uptrend zone and it is resuming upward after the initial fall. The 21-day SMA and 50-day SMA are sloping horizontally indicating the sideways trend. EUR/JPY Medium-term Trend: Bullish On the 4- hour chart, the currency pair is in a smooth uptrend. The currency price has been making a series of higher highs and higher lows as the market reaches the high of level 134.64. The pair is likely to further rise if it breaks the resistance at level 134.74. Meanwhile, on March 22 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement suggests that the EUR/JPY will rise to level 2.0 Fibonacci extension or level 136.15. EUR/JPY – 4 Hour Chart 4-Hour Chart Indicators Reading The pair is above the 80% range of the daily stochastic. EUR/JPY has reached the overbought region of the market. It appears the pair is likely to reach level 136.16. The moving averages are sloping upward indicating the uptrend. General Outlook for EUR/JPY EUR/JPY is in an upward move and may further rise to level 136.16. The downtrend will resume if the index fails to break level 134.74. Source: https://learn2.trade
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