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Gold has created an aggressive downtrend on the 4 hourly time frame and has retraced back to the 61.8% Fibonacci where it seems to be holding around resistance within the supply zone...
EUR/USD retreated from Friday’s five-week high of 1.0782 to 1.0727 only to find fresh bids in the Asian session and revisit the 1.0750 region. EUR caught a bid wave last week after ECB’s Nowotny said the bank could hike deposit rate before the main refinancing rate...
GOLD: The commodity took back its previous week losses to close higher the past week. On the downside, support comes in at the 1,220.00 level where a break will turn attention to the 1,210.00 level. Further down, a cut through here will open the door for a move lower towards the 1,200.00 level...
EURUSD: With the pair closing higher the past week, further recovery is envisaged. On the upside, resistance comes in at 1.0800 level with a cut through here opening the door for more upside towards the 1.0850 level. Further up, resistance lies at the 1.0900 level where a break will expose the 1...
Traders in Financial Futures - Futures Only Positions as of March 14, 2017 Updated March 17, 2017 EURUSD SUMMARY GBPUSD SUMMARY AUDUSD SUMMARY References : Fibonacci Swing Scalp Two Support Resistance Hi Low ATS Swing Four Hour Timeframe Forex News Anchor CFTC Report ...
First, a review of last week’s forecast: - The first part of the forecast for EUR/USD talked about the fall of the pair to 1.0600, which ended up happening by Tuesday evening. The fate of its future, as had been expected, was determined by the plethora of news from the USA on March 15...
We are looking for EURUSD to complete a bat pattern for the next six (6) weeks. Before end of the month, we are looking for a test at 1.09000 level before it descends for a downturn trend to test 1.04000 level. My trend setup is to enter my first SELL order 1.09100...
USDCHF: The pair weakened the past week leaving risk to the downside into the new week. On the downside, support lies at the 0.9950 level. A turn below here will open the door for more weakness towards the 0.9900 level and then the 0.9850 level...
Currency traders may not be fast enough, at least when it comes to cleaning up their image. At issue is a controversial custom called “last look,” which allows market makers to back out of a trade...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, March 17th The EUR/USD pair stepped away from its 6-week highs, posted at 1.0782 mark this morning, however, is still remaining firmer at the end of this week...
Risk Management 101; See attached the performance of 1 March to 16 March (Risk 1% to 2% per trade) The reason why many traders fail is that they focus more on winning and fail to control their losses...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, March 16th The EUR/USD pair is retreating from its post-FOMC 5-week highs, marked on Wednesday at 1.0746 level...
What is Advanced Arrow indicator version 6? Simply it gives you entry point as Ready sign (Buy / Sell) and arrow (Buy / Sell ) after candle closed, also SL line and 4 TP lines or less. Once SL-TP lines are shown with the arrow, they remains as they are until signal change...
EURUSD: The pair rallied strongly to reverse its two-day losses on Wednesday. On the upside, resistance comes in at 1.0750 level with a cut through here opening the door for more upside towards the 1.0800 level. Further up, resistance lies at the 1.0850 level where a break will expose the 1...
On 13 Mar 2017 02:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for EURJPY currency pair at 122.725 under 19, 28, 23. The position closed on 15 Mar 2017 02:00 PM UTC at 121.832 and the profit was 0.73%. AdMACD parameters for EURJPY on close were 19, 28, 23...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, March 15th The pound performs huge swings vs. its American counterpart at the opening of European trades for the second day in a row, that can’t be explained by any fundamental catalysts...
DailyTrader is not really an aggressive "scalping" EA. Its strategy relies on the breakout of daily support and resistance levels. A position can be hold ~2 hours on average, with a few trades per day and the stop-loss is generally of tens of pips (hundreds of points on a 5-digits symbol...
For successful trading RiverScope allows you to make decisions based on the current location within the price support and resistance zones, in the context of market, additional levels (bank, the minimum and maximum prices of the previous day), and the identification of price action patterns...
Deep learning is the buzzword now a days. It is being claimed that deep learning is the technological revolution of this century. Deep learning has performed miracles at Google, Facebook, Amazon and other high tech companies. Soon we will be seeing auto driving cars...
