The key to using CCI with camarilla pivots is to line an entry signal near support and resistance, along with an overbought or oversold reading of CCI. Timing entries is an important step to consider when developing a trading strategy...
Geopolitical tension may perform gold back in to saveheaven, fist bullish target at 1360.38 as last gartley target profit and major bullish target at 1411.83 at 1411.83 as previous gartley point...
Dojis Demonstrate Indecision From Traders Failure To Breach 103.00 Casts Doubt On Gains USDJPY may continue its consolidation with several successive Doji formations denoting indecision from traders. The pair remains in a congestion zone with sellers sitting nearby at 102.77/103...
The Evening Star candlestick pattern is a powerful bearish candlestick reversal pattern. Large Bullish Candle (Day 1) Small Bullish or Bearish Candle (Day 2) Large Bearish Candle (Day 3) Evening Star Candlestick Chart Example...
The Morning Star Pattern is a bullish reversal pattern, usually occuring at the bottom of a downtrend. The pattern consists of three candlesticks: Large Bearish Candle (Day 1) Small Bullish or Bearish Candle (Day 2) Large Bullish Candle (Day 3) Morning Star Candlestick Chart Example...
The Bullish Engulfing Candlestick is a powerful bullish candlestick reversal pattern. The power of the Bullish Engulfing Pattern comes from the incredible change of sentiment from a bearish gap down in the morning, to a large bullish real body candle that closes at the highs of the day...
This pair still trap in equilibrium for almost 5 month. as long as this pattern not break, 175 pip range, from 102.70 to 100.95 still best choise with good risk and reward ratio. If we look from smaller timeframe, Price already reject from major fibonacci support at 101.82,. but if 102...
Geopolitical tension in Ukraine and russia will drive in to energy crysis, this situation is very bad for GBP and EURO. From technical analysis, strong Channel Up from sept last year finally break and also break fibonacci support level at 1.6875. Bearish will getting strong if 1.6700 break...
This pair rejected from fibonacci 1.141 support at 1.3336 level. There still no sign of bullish yet, new fibonacci 61.8 resistance level at 1.3400. If the price cannot break this level, this week bearish 1.272 fibonacci target at 1.3319. Trend reverse to bullish only if 1...
Stochastic is an oscillator that determines where the most recent closing price is relative to its price range over a given time period. It is one of the most popular oscillators that traders use in range-bound market...
Trading the Forex markets is like farming in many ways. Join me as I share some of my views and interpretations. Unconventional? - Maybe. Effective? - You Decide Trading Forex, just like a farm or any other business has an element of risk attached...
Momentum measures the rate of change of the currency pair. Momentum = V - Vn Where V = latest closing price Vn = closing price n periods ago...
Hi, I've tried to withdraw funds today from my MQL5 account to my paypal account but the button is not working. Is anyone having similar problems...
Relative Strength Index (RSI) measures the strength of all upward movement against the strength of all downward movement in a specified time frame. For mathematical formula of RSI is as follow: RSI = 100 - [100/(1+RS)] RS = average of n day's up closes / average of n day's down closes 1...
Moving Average Convergence Divergence (MACD) shows the difference of two moving averages - EMA12 and EMA26, and a 9-day EMA of the difference is plotted against it to trigger buy or sell signal...
The moving average envelope is a variant application to the moving average. It is a trading band composed of two moving averages, which attempts to determine the range of market should be trading in...
Stock markets have their own mythology. You often hear a TV host say that the bears are in charge or that the bulls have taken over. Analysts like to say they are "bullish" or "bearish" on the market or on a particular stock...
Moving average is the average rate of a currency pair over a set period. For example, if you conduct a 20-day moving average (20 day MA), you simply add the close price of the past 20 days and divide it by 20. This is called a simple moving average (SMA...
