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1st place in Strategy Contest Apr 2019

Hello everyone!
Another article about the winning strategy EMA 9, which this time won 1st Place in Contest Apr 2019. The strategy is the same that took 2nd place in December 2018. About that time, in the contest article, I said that I have the expectation of this strategy win the contest and, four months later, it happened! I am really happy about it!
This is how the strategy works, since maybe you haven’t seen the last article explaining the details of the strategy:
The Strategy in Detail
T…
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2nd place December 2018 Strategy Contest

A Little of History

This article explain in details the strategy that took second place in Dukascopy´s Strategy Contest in December 2018. Before talking about the strategy itself, I would like to clarify that I am a beginner in the world of Forex and the financial market in general. I started my journey more or less in May of the year 2017, with binary options, and I had good and bad experiences in the modality, like every person who starts in the financial market. After a few months trading bi…
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Double bottom of the major pair

Hello traders,
I have made some short tehnical analysis on the pair for the Daily and Weekly charts based on some major indicators which are (Bollinger Bands, Exponential moving average and Relative strength index) I also included the Ichimoku overlay chart for some clue on the cloud sentiment if we can say so.
On the Daily chart we can see the following picture:
Here we have 3 bottoms. The price tried to reach unsuccessfully the level 1.15 and after the recent sharp spike of the EUR we can see …
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Possible range

Technical analysis on the EUR/USD pair for the 2nd of July.
The current trend is obviosly down and it started in the middle of April. After some observation on the Bollinger bands we can see that the price is currently attracted by the lower BB which is at about level 1.17 on the Daily chart.
The level of the relative strength index is showing deep oversold levels even under 15 on the default Daily parameters.
After looking on the weekly chart we can say that the price is even trying to reach t…
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Analysis of the USD/JPY pair

Analysis on this pair are made on some basic indicators but there could be a major upcoming fundamental event which could change all predictions (elections in Japan)
Firstly we can look at the Daily chart to check the pivot levels, currently it is about 110.5 with highest resistance at 111.8 and lowest (S3) support of 108.
The price has made several big fluctuations since late February (108-114) It failed the medium break (111) but it also failed to break the strong support (108). I suppose that…
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GBPUSD UP MOVE

GBP USDPositive if breaks above 1.2940The Pound traded higher for the second successive session in the last session to close at 1.2715, after making a high at 1.2800. Currently, the pair is trading with a bullish showing on the 1H chart, ahead of the formal start of Brexit negotiation that is set to kick start today. Also, the MACD indicator is trading in the positive territory, hinting at the presence of bullish momentum in the coming session. Key near term resistance to be watched is positione…
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EURUSD UP

EUR USDKey support placed at 1.1100The Euro posted modest gains against the US Dollar as inflation data in the Eurozone came in line with expectations for the month of AugustAs of now, the pair is trading with a slightly bearish tone on the 1H chart, indicating at the negative momentum in the near term. Moreover, the MACD indicator has recently witnessed a signal line crossover from above, suggesting at possible correction in the coming session. Immediate near-term support is placed at the 1.110…
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GBP/CHF for July 3

WEEKLY CHART EXPLANATION:

William % R – over sell condition
EMA(5,30,90)- down trend
support and resistance
pivot points
MONTHLY CHART:

William % R -over sell condition
EMA(5,30,90)- up trend
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GBP/JPY for July 3

WEEKLY CHART :

William % R -average
EMA(5,30,90)- down trend
support and resistance
pivot points
MONTHLY CHART :

William % R -over sell condition
EMA(5,30,90)- up trend
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GBP/CAD for July 3

WEEKLY CHART :

William % R -over brought condition
EMA(5,30,90)- down trend
support and resistance
pivot points
MONTHLY CHART :

William % R -over sell condition
EMA(5,30,90)- up trend
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