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Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story:continuation of previous post "Something is Cooking" https://www.mql5.com/en/blogs/post/736278 1. Weakness High SI of 24...
There are many folks on the market who have the training and possibly have learned subjects on foreign exchange and what it’s all about however don’t actually know methods to get began with foreign currency trading...
Today I'd like to share 4 trade examples from today's EUR trades. Two setups are working and two don't, or at least not yet. Let's start with EURJPY What a wonderful breakout to the downside perfectly confirmed by our strength and volume analysis...
The EURUSD tanked to 1.0825 following the German court decision and traded in the tight range of 1.0830/1.0845. Euro bears have the green light from data to continue selling this morning; the German factory output plunged 15.6%m-o-m in March versus -10% expected by analysts and -1...
The market mood somewhat bettered on prospects of business reopening, as US President Donald Trump said they need to get the economy running despite more people being affected by the virus...
Pivot (invalidation): 23.35 Our preference Long positions above 23.35 with targets at 26.10 & 27.00 in extension. Alternative scenario...
Pivot (invalidation): 14.8500 Our preference Long positions above 14.8500 with targets at 15.2000 & 15.3100 in extension. Alternative scenario...
Pivot (invalidation): 1692.00 Our preference Long positions above 1692.00 with targets at 1712.00 & 1720.00 in extension. Alternative scenario...
Pivot (invalidation): 2897.00 Our preference Short positions below 2897.00 with targets at 2845.00 & 2825.00 in extension. Alternative scenario...
Pivot (invalidation): 10520.00 Our preference Long positions above 10520.00 with targets at 10800.00 & 10980.00 in extension. Alternative scenario...
Pivot (invalidation): 0.6460 Our preference Short positions below 0.6460 with targets at 0.6400 & 0.6380 in extension. Alternative scenario...
Pivot (invalidation): 7.0570 Our preference Long positions above 7.0570 with targets at 7.1000 & 7.1250 in extension. Alternative scenario...
Pivot (invalidation): 1.4015 Our preference Long positions above 1.4015 with targets at 1.4095 & 1.4130 in extension. Alternative scenario...
Pivot (invalidation): 0.9705 Our preference Long positions above 0.9705 with targets at 0.9735 & 0.9765 in extension. Alternative scenario...
Pivot (invalidation): 106.50 Our preference Short positions below 106.50 with targets at 106.15 & 106.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2455 Our preference Short positions below 1.2455 with targets at 1.2425 & 1.2400 in extension. Alternative scenario...
Pivot (invalidation): 1.0855 Our preference Short positions below 1.0855 with targets at 1.0825 & 1.0805 in extension. Alternative scenario...
The Swiss consumer prices have certainly retreated 0.8% y-o-y in April, as a result of a broad shut down in shops and restaurants. The Swiss franc remains strong against the greenback, which shows signs of consolidation amid last week’s sell-off...
The European indices started the week with sharp losses; the DAX (-3.64%) and CAC 40%( -4.24%) were hammered on worries that the renewed tensions between the US and China would prevent the shattered global economy from recovering at a plausible speed...
