Analysis : Channel Down has broken through the resistance line at 03-Mar-17:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 1.091. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
It is easy and comfortable to trade, using the completed Profitunity trading system. There are two ways of trading using Bill Williams` strategy: first - entering the market during the trend after consolidation, and second - counter-trend trading after completed 5 Elliot waves...
Introduction to COSMOS4UAd MACD Indicator. The MACD is one of the most highly acclaimed indicators, utilized in financial markets’ technical analysis...
Analysis : Channel Up identified at 03-Mar-01:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.388 within the next 2 days. Supporting Indicators : RSI above 60 Resistance Levels...
PipsFactory Strategy:- It depends on three indicators : PipsFactoryDaily : Drawing 10 Lines depends on Last Day. PipsFactoryWeekly : Drawing 10 Lines depends on Last Week. PipsFactoryMonthly : Drawing 10 Lines depends on Last Month...
Summary : Target Level : 160.2569 Target Period : 3 days Analysis : Triangle has broken through the resistance line at 01-Mar-08:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 160.257...
Analysis : Channel Down identified at 01-Mar-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.715 within the next 5 hours. Resistance Levels : ( B ) 0.7154Last resistance turning point of Channel Down. Support Levels...
Our trade call is to sell Cable on a Manufacturing PMI reading below 51. Both stop-loss and take-profit approximately equal the ADR of 140 pips, but both should be set above significant levels of support or resistance...
The 4-hour chart of the USD/CHF once again shows a minor supply signal, which, taking into account weak background of the market, may mean that the bearish trend will continue...
Analysis : Channel Down identified at 26-Feb-19:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.103 within the next 6 hours. Resistance Levels : ( B ) 1.103Last resistance turning point of Channel Down. Support Levels...
Can you guess which indicator(s) could be used to help generate predictive power ( When used with other analysis)? Which would you choose/Use and why...
My trade plan for 25th Feb 16 On GBP/JPY I am looking to wait for price action to rise back up to my one hour 55 ema, which would be 21 ema on my 4hr chart so long has the 21ema hold as resistance then price will return to fall once again...
After a break-out of an important support at around 9300 on 8th February, DAX, along with the other European and American indices, made a significant retracement and rallied above the break-out price. The chart of M15 below shows the second rally, with prices reaching the previous high...
EA can assist traders and here are the results to prove it. We had a banner day and closed with five profitable sell trades ranging from 20 pips to 50 pips. Most of the trades were opened this morning with the exception of one trade from yesterday...
My trade plan for 25th Feb 16 On GBP/JPY I am looking to wait for price action to rise back up to my one hour 55 ema, which would be 21 ema on my 4hr chart so long has the 21ema hold as resistance then price will return to fall once again...
Returns on Currency/Commodity Pairs As a new or novice trader stepping into the world of forex and commodities trading, it is useful to know that not all pairs offer the same return per pip. Infact, returns vary based on the prevailing currency/commodity price...
Pre US Open, Daily Technical Analysis Thursday, February 25, 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 1.1040. Pivot: 1...
our Chart Analysis Dear all, Price has been coming down on the euraud 4 hour chart. We have been given a series of lower lows and lower highs. Now price is at the support zone of 1.51200 to 1.51800...
Euro falling due to the uncertainty of the UK position with the Euro zone Will the UK stay of will it go. We will only know this in late June 16. For me today there is only one trade that is to sell the Euro ( Sell the British Pound...
