Filipino FX Strategy

Sponsor

Notice

I am contacting with abroad FX, Stock companies,  I have been looking for the companies that are possible for Philippines’ citizen to trade relief. 

I am looking forward to beginning your trading life. I am effort it!

Style

Start Money : Around 17,000 pesos
Now Found :15,301 pesos
Trading style : Swing trade
Target : Become Twice Through End of 2020.

• T = Trading time   
• W = Win 
• L = Lose 
• WP = WinPercent %   
• P = Having Position(s)
• Pro : Profits   
• Lo : Lose Money   
• PP : Positioning’s Profits or Lose

11/23 – 11/28 week record

T : 1    W : 0    L : 1    P : 0    WP : 0%    PP : -1,594 Pesos

Week chart

In the week chart, we can see Trend line and the candle goes down for a long time.

But, This week, the candle could break out the Trend line and it can still go up so far.
In the end, the candle touch 200EMA (White line) and recently high level (purple line)

Attention, which the candle will progress, up or down.

Day chart

If the candle will be able to break up a recently high level (yellow line), it may touch a green horizon line.

On the other hand, the candle fails to break up the yellow line, the candle may go down.
In this case, The candle would touch a low green cycle.

4H chart

In 4Hour chart, There are 3 options.

1 break the channel line
2 still go along channel line
3 break the cannel line and go down

In addition, I can see “Divergence” in MACD and RSI, it could say going uptrend is a week more.

But, be careful the candle has positioned over each EMA (20, 50, 200) 

1H chart

In 1 hour chart, it also can see Divergence.

But, be careful the candle has positioned over each EMA (20, 50, 200) 

Note

Now, I have attended which the candle will progress.
In 4 and 1 hour(s) chart , the candle is over each EMA line, so I have to wait the candle go under each EMA line.

Finally, I select “stay (No trade)” while I have to look for any signal “Ask” and “Bit”
Then, I will trade.