Tim
  • Male
  • Kampala, Uganda
  • Uganda
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About Myself
I love the Forex market and am still searching for the holy grail.i build my knowledge everyday because each day comes with something new about this amazing business.
Trading style
moving average,support and resistance and trendlines
Current Broker
Easy-Forex

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Tim's Blog

EUR/USD 4HR

Posted on December 30, 2012 at 10:56am 3 Comments

 The 4hr setup in chart 1 where price is being resisted at 61.8 fibonacci level. If this resistance level is successful, then I will go short at market open with my take profit at 1.3148, around 121.4 fib level, the 17th December low and 38.2 fib level on the daily chart

DAILY CHART…

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the 1hr EUR/JPY one hour shows a potetial double bottom forming. the 38.2 fib level has proven difficult to break.

Posted on December 2, 2012 at 1:25pm 0 Comments

the 1hr EUR/JPY one hour shows a potetial double bottom forming. the 38.2 fib level has proven difficult to break.

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My EURJPY analysis

Posted on December 2, 2012 at 1:06pm 0 Comments

the 4 hr chart shows eurjpy trading along the 38.2 fibonacci level and strong support. if that level holds and supports the price, i should expct the pair to again at least up to 108.60 aroud 161.8 fib level. The one hour shows a potential double bottom while the daily bars have just bounced off their 38.2…

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