Dukascopy Smart People Community

Name:

From:

Adrian Richard Bohner

Hungary, Budapest

Sex:

Born on:

male

October 12

Contests

(2)

Member since:	November 6, 2014
Last Visit:	January 27, 2019
Friends:	102

FX Article Contest
10^th place
Jan 2017

$300

Bohad has taken 10th place in Article Contest Jan 2017

bohad Posted 1 Mar.

Read full story

Translate to English Show original

Hi!
Today USD has run a big bearish rally, and it has broken the long bullish trendline (since 15^th of May):
In this chart we can see an emerging head and shoulder form, and in this case it is a strong bear-sign.
RSI(14) shows the obvious signs of direct-change, and it suggets further price-descesding.
All in all my preference:
SHORT position (Price: 123.90-124.10), Target: 123.10, 121.70, Stop:124.50
Good luck!

Read full story

Translate to English Show original

GBP/JPY, what I expected

bohad Posted 1 June in #Trader's blog

Hi!
If we look the graph of the GBP/JPY cross, we can see an obvious triangle, and it can be the clear signs of a bear-rally:
The RSI is a bit above 50, so it does not indicate danger, although it is not going down.
All in all my preferences:
a) For brave traders:
Short position (price 189,20-189,70), PROFIT: cca.188.40, STOP: cca. 189.85-189.90
b) For cautious traders my advice is:
Wait until the direction of RSI does not change!

Good luck!

Read full story

Translate to English Show original