Recent content by Jyotiprakash Pal

Result is not so good for this strategy . Points 1) US news Impact is higher than all other pairs Example. USA inflation result break 4 Prakash Balance lines where Euro Inflation results Touch 2 prakash balance line .

los lost

GBPUSD stable above 1.2470 ( Prakash Balance Level ) and targeting Next Prakash Balance level at 1.2532

. USDCAD looking good sell from Prakash Overbought Level . Target 1.3767(3pip above Prakash Balance)

11:30 GBP Consumer Price Index (YoY) High 3.1% 3.4% UK inflation may drop . expected is 3.1. .. looks like good buy at 1.2407 and 1.2387 and target 1.2470

Eurusd Hit Prakash Overbought level and trading below it.. 0.10 sold at 1.0837 (1 pip gap for trigger )

Rest 0.02 hit breakeven as usa unemployment come better than expected Break

Closed 0.08 rest 0.02 running

lost S&P Global Manufacturing PMI MAR ( Not expected Result )

USDCAD near approaching Extremely Overbought Line . My plan is sell USDCAD

Most important is the "Prakash balance line" This will help me to determine what the current price of the currency could be. It's like Pivot Point. If the price is above this balance line then,it is overbought and if below it is oversold. There are five lines here. Prakash overbought line...

If your country's currency is high in demand as compared to its supply, its value will increase But the key here is to understand the factors that affect this demand and supply because that is what determines its value, and that is what shapes our policies, and that is what we are going to break...

As Euro hit 1.1132 !!! Big time sell ?!!! It's soooo overpriced ! Waiting for July 13 update . Expecting minimum fall towards 1.1015

My plan is sell daily MACD predictor line and target 1.0915

Thanks so much for take out some time from your busy schedule sive sir. Thanks hell loads of help