Candlestick patterns are vague and imprecise. You never know which candlestick pattern is significant. You see an inside bar and open a sell trade later to find price hitting the stop loss and going up...
EURUSD: The pair continues to push higher leaving risk of further strength on the cards. On the down, support lies at the 1.0700 level where a violation will aim at the 1.0650 level. A break of here will aim at the 1.0600 level. Conversely, on the upside, resistance comes in at 1...
In the Currency Strength table the NZD was the strongest currency while the JPY was the weakest. All the currencies are more or less at the same level as last week except for the CAD gaining 3 points...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: NZD(4X) followed by the CAD(3x). The weaker currencies are the JPY(4X) followed by the EUR(3X) and the CHF(2X). A nice combination for coming week may be e...
EURJPY INTRADAY setup with Currency Strength and Impulse/Speed (If you read first time about Impulse please check tradingsystem here and here) EURJPY 171 PIPS FLAT MARKET BREAKOUT with LONDON OPEN IMPULSE/SPEED Signal m5 after London open...
Dynamic trend: Turned up Background: W1 – weak; D1 – strong Phase: Markup Support: 113.60 Resistance: 116.00...
GBPUSD: The pair closed strongly higher the past week and looks to extend that strength in the new week. On the downside, support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, December 5th Yesterday Italian PM M...
Trading recommendations Buy Stop 1.3360. Stop-Loss 1.3320. Take-Profit 1.3380, 1.3555, 1.3680 Sell in the market. Stop-Loss 1.3350. Take-Profit 1.3250, 1.3200, 1.3165, 1...
The Forex Market is a giant ocean of cash. It gives us more opportunities to earn cash. See, that’s the beauty of the Forex market. It doesn’t matter what else is happening in the world, if one currency is rising while another is falling you can make money...
My purpose for creating this short article is to demonstrate to you the benefits of trading on the Forex market. Nevertheless, there is one myth that I wish to dispel before I go additionally. The myth is that there is a difference between trading as well as investing...
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USDJPY pair is heavily controlled by the Japanese Central Bank (JCB). JCB constantly intervenes in the market to weaken or strengthen Yen (JPY) according to their requirements. Whenever there is a monetary policy statement scheduled by JCB, just assume that USDJPY will move big time...
On 28 Nov 2016 08:00 AM UTC, COSMOS4U AdMACD Indicator triggered a successful sell signal for USDCAD currency pair at 1.3478 under 60, 239, 31. The position closed on 05 Dec 2016 04:00 AM UTC at 1.33349 and the profit was 1.06%. AdMACD parameters for USDCAD on close were 32, 110, 34...
Trading trends can be very profitable if you can do it right. Pips Wizard PRO is a new trend indicator. Test this Pips Wizard Pro indicator on a demo account. Testing means making something like 50-100 trades. Make these trades on different timeframes and different pairs...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 49th week of 2016. Click here to check the new parameters of EURUSD, EURAUD, EURCAD, EURGBP, EURJPY, USDJPY, USDCAD, USDCHF, USDZAR, GBPUSD, GBPJPY GBPAUD, AUDUSD, AUDJPY, NZDUSD, XAUUSD, XAGUSD...
Content courtesy of Tallinex Limited https://www.tallinex.com Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Price consolidated throughout last week in the context of a downtrend...
EURUSD: The pair continues to seek for recovery though closing marginally higher on Friday. On the down, support lies at the 1.0600 level where a violation will aim at the 1.0550 level. A break of here will aim at the 1.0500 level. Conversely, on the upside, resistance comes in at 1...
The GBP/EUR pair may reach the important 1.2000 handle as Sterling benefits from talk of ‘Soft Brexit’ - although the European Central Bank rate meeting could provide volatility in either direction...
