I was an independent trader earlier.
Year after year I traded for my own then I finally decided to set up a team.
Together, we enhance our trading system to be as simple as possible and forgetting any kind of complicated theories that we've learned before.
I trade manually and have never used EA as such.
I just using a simple system that so called "counting probability". I'm counting charts, not playing in casino.
:: Monthly Expected Return = 10%
:: Annual Expected Return = 50% to 80%
:: Draw down Risk = 20%
:: Margin Used per Trade = 2 - 5%
:: Max. Open Margin Used = 20%
For those who would like to know more can reach me up on Skype rohit.1127 or for understanding my trading way.
Year after year I traded for my own then I finally decided to set up a team.
Together, we enhance our trading system to be as simple as possible and forgetting any kind of complicated theories that we've learned before.
I trade manually and have never used EA as such.
I just using a simple system that so called "counting probability". I'm counting charts, not playing in casino.
:: Monthly Expected Return = 10%
:: Annual Expected Return = 50% to 80%
:: Draw down Risk = 20%
:: Margin Used per Trade = 2 - 5%
:: Max. Open Margin Used = 20%
For those who would like to know more can reach me up on Skype rohit.1127 or for understanding my trading way.
RkFX
#EURUSD Trading Alert
Strong Sell Preferred
The euro has stalled above 1.2920 but the trend remains strongly bearish and calling a bottom is fruitless until we see meaningful technical evidence that the trend has changed. That is not to say the pair is in need of a bullish correction, but at this stage a correction would most likely come about as a result of profit taking, not meaningful sentiment shift, and therefore we expect to find more offers on any rally toward 1.30.
A sustained break back above 1.30 would shift our bias to neutral, and a break above 1.3050 could signal a low has been formed at 1.2920.
Strong Sell Preferred
The euro has stalled above 1.2920 but the trend remains strongly bearish and calling a bottom is fruitless until we see meaningful technical evidence that the trend has changed. That is not to say the pair is in need of a bullish correction, but at this stage a correction would most likely come about as a result of profit taking, not meaningful sentiment shift, and therefore we expect to find more offers on any rally toward 1.30.
A sustained break back above 1.30 would shift our bias to neutral, and a break above 1.3050 could signal a low has been formed at 1.2920.
· 2
RkFX
Trading tips
After completion of the fourth wave can buy the pair from correction above the level of 1.0880 with the target - 1.1020-1.1040
#Scenario
Recommendation
BUY
Entry Point 1.0885
Take Profit 1.1020-1.1040
Key Levels 1.0880, 1.1020, 1.1040, 1.0800, 1.0750
#Alternative Scenario
Entry Point 1.0875
Take Profit 1.0800-1.0750
Key Levels 1.0880, 1.1020, 1.1040, 1.0800, 1.0750
After completion of the fourth wave can buy the pair from correction above the level of 1.0880 with the target - 1.1020-1.1040
#Scenario
Recommendation
BUY
Entry Point 1.0885
Take Profit 1.1020-1.1040
Key Levels 1.0880, 1.1020, 1.1040, 1.0800, 1.0750
#Alternative Scenario
Entry Point 1.0875
Take Profit 1.0800-1.0750
Key Levels 1.0880, 1.1020, 1.1040, 1.0800, 1.0750
· 1
RkFX
US retail sales will become known today. If the data are positive, the quotes of Gold may drop till 1300.00. Technical indicators do not give clear signals. It is likely that before the release of macro-economic statistics or political news, gold will trade in the narrow channel.
#XAUUSD
Recommendation
Sell
Key Levels - 1322.00, 1300, 1318.00, 1314.00
Entry Levels- 1318.74 & 1321.57
Take Profit - 1309 & 1305
#XAUUSD
Recommendation
Sell
Key Levels - 1322.00, 1300, 1318.00, 1314.00
Entry Levels- 1318.74 & 1321.57
Take Profit - 1309 & 1305
· 2
