Yesterday we posted our weekly analysis of USDCAD which you can review here. We stated that 1.265 should not be breached and as expected USDCAD bottomed right above that level at 1.267...
USDCAD Daily Chart - June 22, 2016 In the above daily chart, we expect USDCAD to test 1.33 - 1.35 price area in order to complete the intermediate corrective red (B) wave. Immediately after the end of red wave (A), USDCAD rallied from 1.25 to 1.32 with 3 inner waves, completing blue wave (a...
In our last update regarding USDJPY: Easy & Difficult – Update! we stated that USDJPY needed to hold above 106.7 in order for the bullish scenario to be considered...
What is the difference between forex and sport betting? Forex (foreign exchange) trading simply involves buying currencies when their prices fall and selling them as soon as they appreciate markedly...
scalping is easy use this way can increase money by very simple way. do you already new comer on forex. this really good indicator for you. just use stop loss 100 and TP 0 or unlimited. when loss so lot double . very accurate. this use Gap way so if you got gap...
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Pair is coming into oversold area as we also see in the RSI which is located near the number 70. Our entry is located right at the 38.2% Fibonacci level (0.68250) with a stop at 0.68476. The limit is 50 pips below due to the trend still being quite bullish...
USDCAD Daily Chart - May 30, 2016 USDCAD is going according to our analysis and on the longer term we expect price to reach in the (B) target, anywhere inside the box where price ranges from 1.35-1.38...
The forex or the foreign exchange market is the largest financial market in the world. People from all over the world take part in this market and make profits. As the forex market is open 24 hours a day, anyone can trade in this market, from students to other professionals...
All the traders that follow our signals know that we have been calling the long setup of GBPUSD from 1.413 (article here) and that we took profits at 1.460 (article here...
"We bought at 106.42 with a stop-loss at 106.15 and target 1 at 108 (100% extension level) and target 2 at 109.00 (162% extension level)." - USDJPY: We Bought...
As we wrote on Friday, ES-Mini: Tough Support; It Might Bounce!, we expected the market to start bouncing around the 2030 support region and completed the first corrective wave (A or 1) down from the highs...
EURUSD Our Yesterday's signal got hit and we took the trade out due to EURUSD failing to hold the important level of 1.1425. However the pullback was healthy given that it held above 100% extension of A with C wave. Overnight and this ..Read More...
Talking Points: GBPUSD Technical Strategy: Keeping Bearish view Elliottwave Count: ZigZag Correction will be our primary choice in count GBPUSD Start showing divergence on daily bearish trenline and 240min newly created bullish trendline. Current level 1.4650-1...
Hours for operative EA (true/false). Open_Hour: Hour Open time (0-23). Open_Minute: Minute Open time (0-59). Close_Hour: Hour Close time (0-23). Close_Minute: Minute Close time (0-59...
We as Elliotticians "fear" one thing: Wave 4. It is the hardest thing to be determined, especially when it begins and when it ends. Wave 4 takes many forms and usually is observed to always be the complex one (complex zig-zag, triangle, 7s, 11s or 13s structures...
