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Thread: Obaforex CopyFX (Technical Analysis)

  1. #1
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    Obaforex CopyFX (Technical Analysis)

    Trader: Obaforex https://my.roboforex.com/en/copyfx/p...rs/show/38493/
    Forum nickname: Obaforex
    Account number: 2910753
    Server name: RoboForex-Pro
    Account type: CopyFx MT4 Pro-Standard
    Leverage: 1:1000
    Funds: 100.31 USD
    Rating: http://www.copyfx.com/ratings/rating-all/show/38493/

    Description of the subscription conditions:
    Scheme: Trader on profit
    Added on: 07 February 2018 04:15:28
    Started on: 07 February 2018 04:15:28
    Risk level: Medium
    Commission for profit: 30 %
    Amount of minimum deposit: 100 USD
    Investment period: 1 week

    i will be posting most of my market analysis here as time permits for documentation and also so that we can all discuss market analysis and help each other to succeed in trading from sharing ideas, also you can post questions and hopefully i will be able to respond in good time.

    Or you could just copy my trades if you like my trading result

    Note that i trade high risk for now so you might want to copy with small lot size but as my account balance increase this risk will be reduced but so far all is good even with high risk and mixed market trends

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  2. #181
    Registered user Obaforex's Avatar
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    Quote Originally Posted by Penuelophir View Post
    It has been really a long time I have seen you last in this forum and it is my pleasure to welcome you back. As regards to the EURUSD I think we are going to get more of the downward movement due to the fact that the pair have been able to break below the support level which is found at the 1.1280 and it is trying to head upward as to test the resistance level which is at the 1.1252 and if that level holds then we are likely going to get more of the bearish moves this week too. I believe that it is better and safer to try to sell at the highs because it is a downward trend market.
    yeah so far considering present market trend, it makes more sense to sell tops than to buy bottoms since buying at the moment will be more risky as it will be counter trend trading. however everyone is free to trade based on their trading strategy, but for me i will prefer to wait to find good sell trade setup at around current market price (1.1261) or higher price

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