What a sell off today on the USDCAD, as we mentioned yesterday the short term support of 1.41 off the 21 ema was all it took for the london open to start the rally combined with a surge of oil prices staying above 30...
Pre US Open, Daily Technical Analysis Friday, February 05, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: bullish bias above 1.115. Pivot: 1.115 Most Likely Scenario: long positions above 1...
Pre European Open, Daily Technical Analysis Friday, February 05, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: further advance. Pivot: 1.1115 Most Likely Scenario: long positions above 1...
Gold long term target 1145 has been hit on Wednesday after the dollar weaker then expected economic data of ISM manufacturing and ADP...
Good Evening Forex Friends Gold didn’t move according to our expectations and break the resistance at 1129-30 without any major correction.So the alternate trade idea works for this scenario...
So I have just downloaded MQL5 and MT4 and I thought I would blog my progress as a means to hold myself accountable. Why would I do this you ask? Because I have no idea what Im doing but I do no from my basic studies of stock market trading that if Im greedy I will lose...
Pre European Open, Daily Technical Analysis Thursday, February 04, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: further advance. Pivot: 1.1 Most Likely Scenario: long positions above 1...
Entry Reason : Open Buy on US market open. The ADP result seem not to good for US Dolar Evaluation : Hit the Target Profit .... Everything is according to plan...
In my previous EURJPY analysis I pointed out that the prices were just testing a down trendline, and given the accumulation seen behind, it’d be wise to wait for an up-breakout of the resistance...
On this daily usddkk chart we see a descending triangle. Price is respecting the upper and lower resistance lines and nearing the appex. The level of the support is 6.7800 The level of resistance is 6.8900 Normally a descending triangle means an outbreak to the downside...
Does anybody have an idea how to open a support ticket? My charts on my iPhone mobile app reset every week and it's incredibly frustrating! HELP...
Entry Reason : 1% candlestick technique. Two bulls candles give information about up trend. Evaluation: The risk is about 25 pips. I decided to cut profit, because the power seem not to strong...
Pre US Open, Daily Technical Analysis Tuesday, February 02, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: limited upside. Pivot: 1.0895 Most Likely Scenario: long positions above 1...
Pre European Open, Daily Technical Analysis Tuesday, February 02, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the upside prevails. Pivot: 1.087 Most Likely Scenario: long positions above 1...
Entry Reason = Bull / Buyer seem to be strong Evaluation = But the bull candle has loss their power and bear appear to beat the bull. Should not to hurry entry position, because the RBA news not finished yet. But its already in my trading plan that show me to entry buy position...
Entry Reason : Break Out The resistant horizontal line. Open con Close bull candle as confirmation of break out Evaluation : Price moving out according the confirmation. Take/cut profit around 20 pips...
Open Position : Sell EUR Evaluation : Loss, The bear candle not enough power, and price go up and break the high today. So I cut the loss, before it hit the SL...
Pre US Open, Daily Technical Analysis Monday, February 01, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: key resistance at 1.0885. Pivot: 1.0885 Most Likely Scenario: short positions below 1...
