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Hello traders, greetings. I get requests from users who want to learn further A2SR, -- especially for the 3rd step to get the best position in their upcoming trade plan. Please note that...
EURUSD faces risk of medium term trend resumption following its price reversal on Friday. Support lies at the 1.1300 where a violation if seen will aim at the 1.1250 level. A break below here will aim at the 1.1200 level. Further down, support comes in at the 1.1150...
2008, 212 pages, by Felipe Tudela. With this title you obviously will be more than eager to deep dive on all of the words of this book...
First, a review of last week’s events: - EUR/USD. Despite the fact that, on the eve of the US Federal Reserve interest rate increase, 70% of experts, supported by 100% indicators, expected the dollar to strengthen, nothing of the kind happened...
In any market, the law of supply and demand is the key principle behind the moves of the certain asset. All the movements of price that are occuring, whether the price is going up or down, are initiated by fluctuations in supply and demand...
2011, 128 pages, by Melvin Pasternak. The technical content of this book is very vague and poor. All explanations are very shallow... For those who need to comprehend the real meaning of the Candlesticks patterns this book will be a deception. Don't waste your time with it...
Equities are under pressure Friday, as concerns over Sino-American trade tensions, a US government shutdown (due Friday midnight local time), recent Fed rate hikes and reports of Chinese officials hacking the US are scaring investors. Oil prices are also absorbed in the downward spiral...
President Trump’s policy both in trade and foreign relations will hyper-drive China into a global superpower. The US-China relationship will remain fundamental to global equilibrium: if it crashes, the global economy would freefall and destroy asset valuations...
Pivot (invalidation): 47.20 Our preference Short positions below 47.20 with targets at 45.65 & 44.70 in extension. Alternative scenario Above 47.20 look for further upside with 47.80 & 48.35 as targets...
Pivot (invalidation): 14.6800 Our preference Long positions above 14.6800 with targets at 14.8400 & 14.8900 in extension. Alternative scenario Below 14.6800 look for further downside with 14.6200 & 14.5300 as targets...
Pivot (invalidation): 1255.00 Our preference Long positions above 1255.00 with targets at 1266.50 & 1272.00 in extension. Alternative scenario Below 1255.00 look for further downside with 1251.00 & 1246.00 as targets...
Pivot (invalidation): 2530.00 Our preference Short positions below 2530.00 with targets at 2420.00 & 2375.00 in extension. Alternative scenario Above 2530.00 look for further upside with 2575.00 & 2608.00 as targets...
Pivot (invalidation): 10700.00 Our preference Short positions below 10700.00 with targets at 10560.00 & 10490.00 in extension. Alternative scenario Above 10700.00 look for further upside with 10770.00 & 10850.00 as targets...
Pivot (invalidation): 5.2820 Our preference Short positions below 5.2820 with targets at 5.2400 & 5.2180 in extension. Alternative scenario Above 5.2820 look for further upside with 5.3210 & 5.3560 as targets...
Pivot (invalidation): 0.7130 Our preference Short positions below 0.7130 with targets at 0.7100 & 0.7085 in extension. Alternative scenario Above 0.7130 look for further upside with 0.7150 & 0.7170 as targets...
Pivot (invalidation): 1.3475 Our preference Long positions above 1.3475 with targets at 1.3530 & 1.3570 in extension. Alternative scenario Below 1.3475 look for further downside with 1.3445 & 1.3410 as targets...
Pivot (invalidation): 0.9895 Our preference Short positions below 0.9895 with targets at 0.9840 & 0.9825 in extension. Alternative scenario Above 0.9895 look for further upside with 0.9920 & 0.9940 as targets...
Pivot (invalidation): 111.05 Our preference Long positions above 111.05 with targets at 111.75 & 112.15 in extension. Alternative scenario Below 111.05 look for further downside with 110.75 & 110.35 as targets...
Pivot (invalidation): 1.2670 Our preference Short positions below 1.2670 with targets at 1.2625 & 1.2605 in extension. Alternative scenario Above 1.2670 look for further upside with 1.2690 & 1.2710 as targets...
