arfien

arfien

S&P is headed for a retracement/correction , divergence is confirmed on DJ industrial average. This is in no way confirmation of end of bull run , it can be used for buying at more reasonable prices, once price consolidates at higher low, and continues back in overall bull trend after collecting liquidity. Off course - whole scenario changes if while waiting for...

arfien

I am looking for entering on short trade - as weekly is clearly bearish Waiting for rejection - and confirmation of reversal , and continuation of bigger trend , for minimizing risk. Risk to reward ratio is as per my affordability.

arfien

Hello traders & seniors & passionate new ones like me , I wanted to share with you this methodology I use to keep or withdraw my trust in a macro trend. I use Fibonacci levels , combined with how strong RSI is to cross or reach those levels. As per chart, for testing next levels (on Fibonacci), RSI is falling , which indicates to me that , for taking long term...

arfien

USD will keep falling against JPY Weekly trend is very strongly bearish for USD - on daily after resistance test, USD will keep falling to next support / buy zones

arfien

Pattern analysis Technical analysis Macro-indicators Trade setup is just for indication - stop loss and profit can be adjusted according to personal strategy. All indicate bearish wave for USD against GBP

arfien

Trade setup for bearish wave - please determine your entry according to your setup My trade is based on swing trading methodology

arfien

I'm very bullish on this Pakistani IT stock - the growth potential is immense for 5-20 years for long term holding See sales growth & Profit margin and earning ratios - dps.psx.com.pk Sales are to mostly foreign clients , therefore local currency and economic risk is manageable

arfien

Just pattern analysis - I haven't included any macro-economic factors into analysis

arfien

Gold will proceed to Fib level 1.236 , after a short retracement as per my analysis

arfien

I think we will break out this time for very good gains

arfien

Please see my idea for short on Silver Enter short only when conditions are met Dont rush into short blindy Manage risk properly for your hard earned money, every single dollar

arfien

Please see my analysis on CXY - We will most likely test the identified levels

arfien

SXY is still keeping its feet in ascending channel Three white soldiers show much stronger ascending momentum as compared to 3 bearish candles - today price at one point found support at .618 level Closure below .618 will see price testing .786 level - that will be last stop b4 break below ascending channel, after that we will head towards completion of ABCD...

arfien

Interesting situation developing for USDJPY pair on daily I pointed out earlier, strong seasonals for JPY in Q4 yearly There are no news on side of BOJ for strengthening Yen - US quantitative tightening is not ending soon Was Yen devalued more than necessary - are we going for a retracement in an uptrend ? Or is it a reversal - is ABCD complete ? AB and CD legs...

arfien

Gold will retrace before descending further - look for short at retracement for better entry - or you can wait for lower low break

arfien

You can look for some suitable short setup - descending channel is pretty clear - there are not reliable indications of reversal or sideways movement

arfien

BXY outlook for on daily is convincingly bearish - healthy bearish closure todays candle will be a further confirmation

arfien

I see ZXY as a good currency to enter long trades against for bullish index currency pairs until we test 1.382 level Offcourse - one must keep checking the validity of the trend daily basis