MyDDFX Support and Resistance Zone

MyDDFX Support and Resistance Zone is a Newly Developed FOREX Indicator, used to predicting the reversal of prices movement. 

MyDDFX Forex Trading System

This is a Personal Blog's. Used it at your own RISK!.

MyDDFX Forex Trading System

Rules & Conditions: Pure Technical System 

1. Trading Pair: Any Major Pair
2. Risk: 3% of total margin 
3. Trading Time: 0500 H and 2300 H (GMT+8) 
4. Trading Chart: 1 Hour and 4 Hours forex chart 
5. Trading System: MyDDFX Forex Trading System Version 2014
6. Trading Signal:
• MyDDFX Support and Resistance
• Candlestick Patterns 
• Chart Patterns 
• Divergence 
7. Profit: TP = 2X SL
8. Trailing Stop: Yes  

Sell Stop GU @ 1.6097

4 Hour Chart
Sell Stop @ 1.6097
TP @ 1.5959
SL @ 1.6265

AUD/USD and GBP/USD is in Over Bought?

Do AUD/USD and GBP/USD in Over Bought area?

Look at AUD/USD:

Look at GBP/USD:

Sell Stop AUD/USD

Sell Stop AUD/USD 1 hour chart:

Sell Stop at 0.9064
SL at 0.9109
TP at 0.8997 

Buy AUD/USD at 0.9081

Buy AUD/USD at 0.9081
SL at 0.9037
TP1 at 0.9127
TP2 at 0.9174

Sell EUR/USD at 1.3028

Sell EUR/USD at 1.3028
SL at 1.3099
TP1 at 1.2961
TP2 at 1.2889

Sell GBP/USB at 1.5075

Sell GBP/USD at 1.5075.
Stop Loss at 1.5137
TP1 at 1.5017
TP2 at 1.4967

Scalping Result

Last night I try to scalp on AUD/USD (just test scalping).
Result look promising...

AUD/USD is Entering Zone 2: Great Support

In Daily Chart, AUD/USD is Entering Zone 2: Great Support:

Price is getting low and low and may enter Zone 3 but RSI is showing a bullish momentum - Bullish Divergence! Market Sentiment is still on the bearish side.
.

Forex calendar - Tue Jun 25

Today news will have a lot of impact since there are at least nine important news!

Free FOREX Signal

After a long period of silence, i decided to come back and do some changes.

Starting next week onwards, I will publish a Free Forex signal covering AUD/USD and GBP/USD on 1 hour and daily chart.

It based on my new forex trading system. See below screenshot.

Daily Chart GBP/USD