Rico FY

An experienced trader since 2013, I take the divergent strategy as my main approach to trade against the trend. Being a different trader is what I aim for to avoid being categorized in the 90% group of traders who fail to make money.

Articles by Rico FY

USDCAD: Sell The Rally

Jun 11 2015

Today I want to give you a review for USDCAD pair. This pair has been declining for the past days, resuming the downtrend movement. I want to sell this pair because I know the price is touching the trend line now.

EUR/USD Near Strong Resistance Area, Waiting for Sell Signal

Jun 9 2015

Hello my friends! How are you? Today I want to give you my trading analysis for EUR/USD pair. Let's take a look at the chart.

EUR/USD: Looking to Sell on the Rally

May 28 2015

Hello traders! Today I will give you a quick review of my favorite pair, EURUSD. I have two trading scenarios for this pair. Check it out.

GBPUSD : Buy on the Dips

May 20 2015

Hello friends! Today I will give you a review of the GBPUSD pair. First, let's take a look at the pair's 4H chart.

USDCAD Triple Bottom, Buy Now?

May 13 2015

Today I want to give you my analysis for the USDCAD pair. This could be a trading opportunity if the requirements are met.

EURUSD: Is It Time to Buy?

May 12 2015

Hello my friends! Today I will give you a review about EURUSD pair. I have 2 scenarios for this pair. The first is to look for buy signal, while the second is a plan to sell the pair.

Risk Reward Ratio In Forex Trading

Mar 24 2015 1477

Today I want to talk about risk reward ratio in forex trading. You may have heard about risk reward ratio already, but what is risk reward ratio?

How to Trade Using Trendlines with ADX and Stochastic

Aug 5 2014 1544

By following the steps that will be explained here, you should be able to confirm the direction of trend lines and profit from it.

Three EMA Crossover Lines for Following the Trend

Jul 24 2014 2285

Using 3 EMA lines will allow you to see a strong signal of the trend and tell you that the trend will last. Here is an example.

GBPJPY 21-25 July 2014

Jul 23 2014

The GBPJPY pair is currently under short-term correction. There is still a chance for the pair to move downwards and that is a good reason to trade using sell position.

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