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Trader's Contest: Day 9

My equity has fallen dramatically since yesterday as the dollar pushed back up today and Euro has fallen a lot. I was in profit on my EURUSD trade yesterday but today I'm in a quite big loss. One trade that has started correcting for me however is my long CADCHF trade. There is a regular bullish divergence on MACD indicator and the moving averages of it are currently crossing pointing upwards. You can see that the price has bounced back from the lower bollinger band and is currently reaching tow…
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Trader's Contest: Day 8

My USDCAD trade was in a quite big loss but finally started correcting after the Crude Oil Inventory negative data. It has touched the R1 level closing as a doji candle and then went below PP on the Woodie Pivot and I would expect it to continue all the way down to S3 and possibly below. Also, the MACD indicator was overbought and now is pointing down.
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Trader's Contest: Day 7

As the dollar index has finally started correcting today I have entered a long trade on EUR/USD. The dollar's move down could have been partially due to Donald Trump's tweet on the sanctions on Iran and any countries supporting it. There has been a strong move up on EUR/USD on the daily chart after the Monday's candle has closed as a doji. Zooming in on 1 hour chart the pair has broken above the 52 bar high signalling entry. It is currently above 100 EMA and the 20 EMA has already crossed the 50…
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