I think that if the euro remains too long in stores on these levels , the dollar could take a big chunk of the ground lost last week .The week is quiet only the with the NZD announces interest rates tomorrow night will shake a lot .I try to take good trades but it s difficult to reach 450000 on my equity .My leverage is low I will stay on position until I see clearly.
Kungfuforex's Blog
Non farm payroll
I am positioned on euro and gbp Before non farm payroll , the drawdown of the euro was important being the low of the day was 1.1178 or 180 pips on my level of purchase .I hope that everything will go well this after noon ! I am well positionned on the ranking for now
Hello euro
Euro is unchanged on day .I made good pips today but now have to recover i think euro is on the way to 1.15 for test and i trade this thinking .Sorry for the drawdown today .
Hello
Hello, I made 100000dollars more this morning and I think I can take a good place in the competition, I have been quite surprised to see my first place yesterday and 4 this morning .I went out with eurusd mounted that has a lot in two days , maybe buy the dollar will be good, we'll see
I stay out for today iI think
I stay out for today iI think
First blog post
Hello this is my first article on dukascopy , I will try to write every day if I have a little time before me have bought EURO and GBP this morning to enjoy the rising and the falling dollar , the first trades are profitable and I hope to continue like that this month
Australian Dollar
Does last week surge mean a potential upside reversal of AUD.What are the drivers of the big 2013 drop in the AUD against all but JPY?Mainly Australian monetary policy and the price levels of commodities.Last august the leading interest rate had been cut to a record low of 2.50%.Further cuts could be possible during first semester of 2014.It seems admitted by monetary authorities that Australian exporters need a weeker Aussie.This is quite bearish but it is not sure it will be enough to sustain …
Problem with the Signal Subscribers points
Hello,I wan the december traders contest in December 2013.I rank number two of trading providers for the year 2013.
I rank number 1 of trading providers for the year 2014.I rank number one of trading providers for the average last 12 months.I am currently 10th on January 2014 traders contest.I counted 27 traders subscribing my signals on the social trading contestbut still my provider's volume is at 0 as if I had no subscriber at all.This is really disturbing the January 2014 ranking because I d…
I rank number 1 of trading providers for the year 2014.I rank number one of trading providers for the average last 12 months.I am currently 10th on January 2014 traders contest.I counted 27 traders subscribing my signals on the social trading contestbut still my provider's volume is at 0 as if I had no subscriber at all.This is really disturbing the January 2014 ranking because I d…
GBPUSD FORECAST
GBP/USD closed the year firmly, after a long rally started last july,confirming the clearing of the resistance of 2013 high at 1.6380.We see this new year beginning with a test of this level followinga clear candlestick reversal pattern. So from now, where to go ?Weakness below 1.6380 would surely show further decline showing the start ofa down cycle. Besides, January has rarely been good for the sterling.January 2013 showed a similar pattern leading to a multi month decline.History does not rep…
EURUSD FORECAST
The euro starts 2014 with an interesting test level.Lets summarize the last moves. On November 7, the ECB cut its main refinancing rate to a all time low at 0.25%.this marked the low of EurUsd at about 1.33.
From this date Euro has been up against all till the lasthigh of last week for EurUsd at almost 1.39 on 27 December.On the other side, Eurusd has gone all the way down till 1.36 eversince.So, whats up now ?Technically speaking, we kind of reached a support in the 50% fibo retracement zone.W…
From this date Euro has been up against all till the lasthigh of last week for EurUsd at almost 1.39 on 27 December.On the other side, Eurusd has gone all the way down till 1.36 eversince.So, whats up now ?Technically speaking, we kind of reached a support in the 50% fibo retracement zone.W…