This year is going to be amazing. This month was a good trading with high profits, of course i took big risk however this is my style and its pays of my hard work and stressful days:) i hope 2018 will be profitable better than ever.

2017 10 19_EURUSD

Good morning everyone, it seems that  EURUSD is forming a new shoulder pattern. As far as i know many traders forecast trend reverse after some time. Eur has to stay in a flat channel for a while till it goes down. It is a really good trading opportunity for the scallpers.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2017 05 07_ EURUSD_technical analysis

Please have a look at my plan for the nearly future. Again, its just my point of view and future might be totally different.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2017 04 30_ EURUSD_technical analysis

Hi guys, as ussual i have some analysis for EURUSD. 

I would like to highlight a few points:

- France elects a new president in two rounds of voting on 23 April and 7 May. EURUSD just made a huge gap from previuos monday so i think price may go back to retest that level from where it started.

- We still waiting for France elects second round on 7 May. That may push the price to the new highs/lows. At this point we should be very careful. Everything may happen. In my opinion price can go up till the news of elect second round and when god knows what is the plan for market makers. Be careful guys. My forecast until election news is in the picture below.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

Test forex account with a new mathematical strategy. Starting on 2017 03 27

This time i have used a new small real account for the testing of one of my strategies. This strategy based on mathematics. I was amazed that with small amount of money in suxh short period of time i actually made a massive profit. Of course my drawdown ratio is not tolerated however that risk taken made me a big profit. I will carry on this strategy and i'll keep you up to date. If during the months all will be good i'll share the methods how i work.

2017 03 26_AUDNZD overview

AUDNZD with strong impulse just break even strong resistance level however price has to retest this level again so and after has to continue uptrend.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2017 03 26_EUR/USD overview

EUR/USD currently is in very interesting position. Price is near strong resistance level 1.08250. Previously this level was a long term support level on 2016 April. I don't know what has to happen in order to break even this resistance level. In my opinion price has more chance to bounce back and for some time this currency pair can form nice triangle shape pattern. So for the scalpers this moment might be good for short time positions.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2017 02 26_EUR/USD overview

Hi guys, current pattern of EURUSD in my opinion is a high volatility flat channel. I expect that EURUSD will go short till my highlighted SL level. That yellow zone is nothing else as a second bottom of the new channel. I think that market makers will take the stake of 180 points so later they can take 300 p profit at the 3rd expected top of the channel.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2017 02 04_ AUD/JPY weekly chart review

I would like to share one idea with a long time traders about AUD/JPY. I would recommend to keep an eye on this pair till price will show a new direction, I think that it may be a great opportunity for the year. It seems that price stays in the price range of 75.000 ( fib 61.8 level) and 88.000. Historicly this range was very stable as a FLAT in the years of 2010-2012.

Therefore i see clearly H&S pattern and honestly speaking i don't think that price will break even the resistance level. I think price will stay in the long term flat.

Increased volume shows that more investers are coming to play the game, That will make volatility which will be valuable for the intraday traders to gain more profits.

Please see my idea at picture below:

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2017 01 01_EURCAD overview

One more idea: EUR/CAD. That huge pinbar on the top is nothing else but signal that market makers just basically topped up their short positions in order to get profits later. Price has already touched fib level 50 so it seems that makers trying to sell off little by little. I presume makers will top up (long positions) later at the very bottom. Anyway this is only idea, can be different scenario.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

Happy new year! Fx ideas for the 2017

Just a few hours left till new year so personally i would like to share some ideas with those who are following my blog and instagram accoutn dkforexa what i would expect from some of the currencies next year. I wish everyone to have a great and successful year and good luck!

Below i will share some ideas. All comments are provided on the charts so enjoy.

USD/JPY :

AUD/JPY:

GBP/USD:

NZD/CAD:

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

Merry Christmas and happy New Year! :)

20161217_EURUSD_technical analysis

Hello guys, i just want to share my EURUSD technical analysis. Hope that is going to help you.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2016 12 15_NZDCAD_weekly

By analysing currency pairs my eyes has stopped at the NZDCAD. If you would look closer to the weekly chart, you could spot one interesting thing that after break even of heavy resistance level (Weekly chart) price still came back to the previous flat channel. I presume that this break even was nothing else as market makers are topping up their short positions in order take profit at profit target level.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

20161127_GBPJPY_Daily

On weekly chart i believe we have trend reverse.

GBPJPY seems interesting on daily chart however it is not a good time for trading. I recommend to wait and watch for stronger price action. 

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2016 11 23_AUDJPY overview

Looking to the AUDJPY i see that price break even weekly trend line. Price may go up for a next few weeks and later will to retest on (green) support level 83.000. That level actually is fib 61.8 level as well so that can work as confirmation signal of trend reverse in a short period of time. Hopefully AUDJPY will form a new uptrend.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2016 10 22_USDJPY overview

I would recommend to put USDJPY on hold. For me current situation is not clear. I highlight a few ideas on the charts so probably i'll be waiting for a while to get price to my indicated levels, entry points.

Monhtly chart: 

Weekly chart:

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2016 10 22_EURUSD overview

Last week, my ideas allowed me to trade with a great success. I have used EURUSD for short positions and it was good trading week for me. Those who are following me i hope you had a good week also. 

As i made my forecast last week, EURUSD finally dropped down. Right now EURUSD has reached important support level and probably it will stay in a high volatility flat channel for a while however in a long run i expect EURUSD to continue downtrend to the level of 1.06000. 

By the way, level 1.06000 is the bottom line of the flat channel on weekly chart so i think long term players on the market  have this level  as a target.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

EURUSD overview

EURUSD price reversed and now we have stopped at level 1.12000. This level is the key support level. If price reverse at this level (green) it would touch the resistance level 1.12300 however if we are going to see break even of support level, there will be downtrend till level 1.15000 (red).

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

GBPUSD update

GBPUSD price in my opinion still has downtrend till it will reach support level at 1.28749. 

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

USD/JPY overview (1W chart)

Looking to the USDJPY i can tell that we can expect price consolidation for a long period of time. Price has reached round price level 100.000. Acctually this level is more support level for the trend reverse in a long run. 

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

GBP/USD overview (1D chart)

GBPUSD price is reaching lowest support level, it may be that price going to drop for a while approximetly 100 points down and after this i would expect trend reverse. Overall GBPUSD price has a flat trend in daily chart.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

GBP/USD overview (1D chart)

GBPUSD price is reaching lowest support level, it may be that price going to drop for a while approximetly 100 points down and after this i would expect trend reverse. Overall GBPUSD price has a flat trend in daily chart.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

EURUSD 2016 08 30 overview on 4H chart

EURUSD seems having a very nice downtrend however the price has reached support levels, in my opinion price may go down with a low volatility pullbacks.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

EUR/USD update

EUR/USD shows the same scenario (II pattern) on 1D chart as it was previuosly (I pattern). Technically speaking  price can go down to the support level of 1.05600 in a long run.

On 4H chart i can see that price breakeven trendline, did pullpack and now being rejected by the round price level 1.12000.

In my opinion price can go down to the level 1.09500. It is easy to see how people like round levels.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

USDJPY overview

USD/JPY all day long had a downtrend direction. Very soon price will reach support level and in my opinion price may stay in a flat channel for a few days before goes anywhere.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

EUR/USD overview

EURUSD is in such interesting position right now. In one point of view i can clearly see the double bottom. Secondly, price has crossed resistence level and now stays in the very tiny triangle which actually means that possibly we have a new support level and price may go uptrend. Of course there is a big change for the opposite direction,

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

EURUSD overview

It seems that EURUSD is forming deep flat on daily chart. I presume EURUSD did pullback and price is stopped close to one of the support levels within the flat. I would like to believe that price is going to breakeven the support level S1 and later is going to test level S2. If that happens price may check the level S3. However price can bounce of level S1 and retest resistance level R1. Overall in such a big flat in my opinion price have more chances for SHORTS than for LONG (pullback at this point is as SHORT confirmation).

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

GBPUSD overview

Be careful of GBP Bank of England Rate Decision (JUL 14) Jul 14, 2:00 pm +03:00. Chart below is only technical view.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

Profitable forex trading

Started an new account in order to test the same strategy which i have been improving over the last two years. Did testing and improved my strategy. Seems that results are getting better and better. Starting deposit was 300 euros, made profit of 208% in four months. Nice! However drawdown still has to be improved. Love forex because forex trader can be successful if he loves what he is doing and working hard no matter what. 

GBP/USD overview

Before you take seriuosly my chart below we have to review news for today:

GBP Total Trade Balance (Pounds) (MAY) 

USD Unemployment Rate (JUN)

USD Change in Non-farm Payrolls (JUN)

There is a big chance that TTB will be decreased so it means that GBP may be weaker for today after the news. Therefore US will have Non farm news and of course that will effect currencies today. Global forecast for unemployment rate is that this indicator will be lower than previuos period.

Take care everybody and have an great day! Don forget today is Friday! 

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

EURUSD 1D overview

This analysis is based only on technical aspects.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

EUR/USD overview on daily chart (only technicals)

I would like to share only technical view of EUR/USD. I do not speak about fundamental criterias. Brexit has big impact to EU economics so technically speaking technical analysis may be currently misleading.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

Brexit event

Right now i have placed my trading on hold due BREXIT. Market is unpredictable and requires traders to go for  temporary holidays. I would recommend just to wait, watch until markets will show a new direction.

2016 05 24. EUR/USD overview

One of the most important trendline has stopped and left EURUSD in a flat. I recommend to wait until price action shows a new reversal direction or will continue downtrend.

These days US dollar index  show strong uptrend so presume thart EURUSD may can continue the journey down.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2016 05 16. NZD/USD overview

NZDUSD looks bearish. Price breakeven bottom trendline. I think it is good time for watching this currency pair.

If price will show downtrend continuation it may be good situation for bearish shorts. (4H chart)

If price will show uptrend after double bottom -  bullish long.(4H chart)

4 HOUR charts

1H chart

More charts for overall overview

Monthly chart: FLAG with downtrend to bottom trendline

Weekly chart: flag continuation to bottom line

Daily chart: trendline breakeven and pullback

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2016.05.14. GBP/USD technical overview

It seems that GBP/USD has reached its lowest support level. Looking to the 1M chart i can presume that GBPUSD price can stay in a high volatility flat channel for a couple months and in the long term we can expect trend reversal.

Going more deeper to 1D chart we can see that price was rejected twice by resistance and has very clear downtrend. The question is how far price can go down? In my opinion in the long run price can retest even the lowest  support level of the month.

More technicals

TREND:                                      Downtrend

Moving averages: Simple:          SMA 100 : 1.4426 ; SELL

Moving averages: Exponential:  EMA 100 : 1.4415 ; SELL

Moving averages: Weighted:      WMA 100:1.4412  ; SELL

Dailyfx source:

Calendar:

May 16, 2:01 am EEST
GBP Rightmove House Prices (YoY) (MAY)

May 17, 11:30 am EEST
GBP Consumer Price Index (MoM) (APR)

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.