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GBPUSD bullish strength leaves risk towards 1.2381 level following its rally on Thursday. Support lies at 1.2200 with a turn below that level turning attention to the 1.2150 level. Further down, support resides at the 1.2100 level where a break will turn attention to the 1.2050 level...
EURUSD declines with eyes on 1.1026/10 support zone as looks to resume its broader downside pressure. Support comes in at the 1.1000 where a violation will turn risk to the 1.0950 level. A break below here will target the 1.0900 level. Further down, support sits at the 1.0850...
The recent recovery in British pound following UK PM Boris Johnson friendly meeting with German Chancellor Angela Merkel in Berlin on Wednesday is not expected to endure as upcoming meeting with French President Emmanuel Macron should break any glimmer of hope that the EU is willing to find commo...
Grid trading is an efficient mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. It uses fixed price levels to enter and exit trades in one or both directions...
Pivot (invalidation): 56.20 Our preference Short positions below 56.20 with targets at 55.15 & 54.85 in extension. Alternative scenario...
Pivot (invalidation): 17.0500 Our preference Long positions above 17.0500 with targets at 17.1500 & 17.2000 in extension. Alternative scenario...
Pivot (invalidation): 1498.00 Our preference Long positions above 1498.00 with targets at 1509.00 & 1512.50 in extension. Alternative scenario...
. Pivot (invalidation): 2890.00 Our preference Long positions above 2890.00 with targets at 2942.00 & 2980.00 in extension...
Pivot (invalidation): 11880.00 Our preference Short positions below 11880.00 with targets at 11655.00 & 11560.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7010 Our preference Long positions above 5.7010 with targets at 5.7440 & 5.7670 in extension...
Pivot (invalidation): 0.6785 Our preference Short positions below 0.6785 with targets at 0.6750 & 0.6735 in extension. Alternative scenario...
Pivot (invalidation): 1.3280 Our preference Long positions above 1.3280 with targets at 1.3320 & 1.3335 in extension. Alternative scenario...
Pivot (invalidation): 0.9805 Our preference Long positions above 0.9805 with targets at 0.9835 & 0.9855 in extension. Alternative scenario...
Pivot (invalidation): 106.65 Our preference Short positions below 106.65 with targets at 106.30 & 106.10 in extension. Alternative scenario...
Pivot (invalidation): 1.2150 Our preference Short positions below 1.2150 with targets at 1.2115 & 1.2095 in extension. Alternative scenario...
Pivot (invalidation): 1.1105 Our preference Short positions below 1.1105 with targets at 1.1065 & 1.1050 in extension. Alternative scenario...
Results of parallel comparative testing of two advisors on two identical demo accounts during the month Trading conditions: Trading in three pairs: EURUSD, GBPUSD, USDJPY...
Trading forex is a science Not a luck or casino games. Maybe.you are laughing now and if you do you will stay in red. Let's continue talking seriously about our topic on how to make money in forex. First step is to checkout your personality wich type f trader you are...