EURUSD faces risk of further move higher following second week of price gain in the new week. Resistance comes in at the 1.1350 where a break will turn risk to the 1.1400 level. A breach above here will target the 1.1450 level. Further up, resistance stands at the 1.1500...
USDCHF faces risk of further move lower as it sold off the past week. Resistance comes in at the 0.9400 level. Above here, resistance lies at the 0.9650 level and then the 0.9650 level. Further out, resistance stands at the 0.9700 level. On the downside, support is located at the 0...
Step-by-step instruction for using 2 EA's: BRAIN and SYNCHRO on the one Account Recommendations and Account requirements: Starting balance: no less $2000 Leverage: starting from 1:100, 1:200... and more Account Type: Any (preferably ECN) Broker: Any MT4 broker (without using FIFO rules...
First, a review of last week’s events: - EUR/USD. It seems that now one can ignore the macroeconomic indicators, which previously not only had an impact on the quotes, but also could reverse trends by 180 degrees...
Trading the USD downtrend The market was shaken by three rate cuts this week, but we finally seeing some good trend moves...
Pivot (invalidation): 46.35 Our preference Short positions below 46.35 with targets at 44.85 & 44.20 in extension. Alternative scenario...
Pivot (invalidation): 17.2600 Our preference Long positions above 17.2600 with targets at 17.5200 & 17.6600 in extension. Alternative scenario...
Pivot (invalidation): 1660.00 Our preference Long positions above 1660.00 with targets at 1676.50 & 1689.00 in extension. Alternative scenario...
Pivot (invalidation): 3081.00 Our preference Short positions below 3081.00 with targets at 2949.00 & 2855.00 in extension. Alternative scenario...
Pivot (invalidation): 12200.00 Our preference Short positions below 12200.00 with targets at 11624.00 & 11400.00 in extension. Alternative scenario...
Pivot (invalidation): 6.0910 Our preference Long positions above 6.0910 with targets at 6.1440 & 6.1670 in extension. Alternative scenario...
Pivot (invalidation): 0.6615 Our preference Short positions below 0.6615 with targets at 0.6580 & 0.6560 in extension. Alternative scenario...
Pivot (invalidation): 1.3385 Our preference Long positions above 1.3385 with targets at 1.3435 & 1.3455 in extension. Alternative scenario...
Pivot (invalidation): 0.9485 Our preference Short positions below 0.9485 with targets at 0.9415 & 0.9385 in extension. Alternative scenario...
Pivot (invalidation): 106.45 Our preference Short positions below 106.45 with targets at 105.50 & 105.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2930 Our preference Long positions above 1.2930 with targets at 1.2970 & 1.3000 in extension. Alternative scenario...
Pivot (invalidation): 1.1200 Our preference Long positions above 1.1200 with targets at 1.1275 & 1.1300 in extension. Alternative scenario...
Setup 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Classic Short Our Story: 1. We are at Fib Area...
Trading the JPY While scanning all major pairs USDJPY grabbed my attention by providing the clearest trade setup...