What does the turn in price look like? In the following chart, a supply zone for a short entry was highlighted with the yellow box, and the blue arrow indicates where a good short trade could have been entered. This is the expected “turn in price...
Originally Published On PriceWorksFX.com Just a couple of days ago, I wrote post on two pairs worth shorting. And I still have my mind made up about these two pairs. Hitting a supply zone once again, it is on its way back down. The U.S...
Originally Published On PriceWorksFX.com Yesterday's post stressed watching for the daily close. If it closed too sharply down, it would be treated as a support break and further downward pressure would take place. Only, it closed up yesterday...
AUDUSD has been in a steady downtrend as the latest test of the falling trend channel resistance is showing downside FX momentum. This marks the third impulse wave lower, which might last until the bottom of the channel at the .9150 minor psychological level...
Prices broke support at 1297.82, the 38.2% Fibonacci expansion, to expose. the 50% level at 1290.15. A further push below that targets the 61.8% Fib at 1282.47. Alternatively, a reversal back above 1297.82 opens the door for a test of the 23.6% expansion at 1307.31...
Today’s close marks a very critical point for NZDUSD. Taking a look at the daily chart, NZDUSD is currently testing a support zone...
Prices broke above the 38.2% Fibonacci expansion at 1963.70, exposing the 1985.30-91.40 area marked by the 50% level and the July 24 high. A further push beyond that aims for channel floor support-turned-resistance at 1999.10. Alternatively, a turn back below at 1963.70 targets the 23...
The 2014 dollar rally had long been predicted, however a poor winter in the United States saw the currency falter in the first half of the year putting paid to these predictions. After a decent summer of gains we ask whether the USD is about to restart its stalled longer-term climb again...
Why You Should Support High-Frequency Trading RICK FERRI : High-frequency trading provides market liquidity, and that's good for individual investors. Some say it's unfair because a few very smart people are making money doing it. I disagree. Competition will take care of that...
1. The Theory - How to Use Indicator Developed by Marc Chaikin This an oscillator Indicator, it measure the Accumulation/distribution of money that is flowing into and out of a currency pair...
He mentions that traders and investors need a level playing field to be successful and the only way to do this is with the use of an automated trading system. George W. Bush was the 43rd president of the United States...
1. AUDIO News John O'Donnell and special guest Jim Puplava discuss the beauty and simplicity of Online Trading Academy's patented supply and demand strategy. Jim also gives his views on the bond markets and shares a story about a silver trade he made with the help of Online Trading Academy. 2...
The Futures Mag portal asked few experts what indicators they look to in today's markets to stay successful. Here's what they said. Moving Averages still useful The entire psychology of ‘trend’ analysis (vs. short-term trading or long-term valuations) rests on timeless precepts...
NoLoss EA NoLoss Ea Do not Closed Any Open Position With Loss. It Is Allways Closed Open Posotion At Take Profit Levals. NoLoss Ea 100% Manage Accounts Margin and Free Margin Levals. NoLoss Ea Never Come to Marging Stop Levals...
Available indicators of Brazil’s economic activity during the 2014 FIFA World Cup are as poor as the performance of its national team during the tournament. As a number of Brazilian host cities shut down on the days when matches were played, economic activity fell across the country...
Risk Factor Keep in mind that backtesting statistics look solely at past performance. It's important to mention that past performance is not indicative of future results...
US DOLLAR TECHNICAL ANALYSIS Prices turned lower as expected, completing a bearish Evening Star candlestick pattern and hinting at further losses ahead. Negative RSI divergence bolsters the case for a downward scenario. A daily close below the 14.6%Fibonacci retracement at 10547 exposes the 23...
Mark Carney, Governor of the Bank of England (BoE), turned from a hawkish to dovish tone last week. Just a few weeks back, Mark Carney stated that interest rates could rise later this year. Mark Carney went back on his words and stated there still exists a lot of uncertainty in the UK economy...
The S&P 500 rose during the course of the week, breaking the top of the previous week’s hammer. Because of this, it looks like we are heading back towards the 1990 handle, an area that can be used as a staging for the massive breakout that’s expected at the 2000 level...
