Keeping in mind our Daily Chart analysis posted a week ago, GBP/USD: Up for a rally, next targets above 1.44 (General Forecast) and our Buy Alert 2 days ago, GBPUSD: Swing Long Trade, we expect GBPUSD to start its rally to 1.44 and above next week. GBPUSD 4H Chart - April 15, 2016 Read More...
NZDJPY 1H – April 15, 2016 Two days ago, we posted a Buy Alert that had a good Risk-Reward ratio and at the moment we are on the money. NZDJPY retraced exactly... Read More...
Our automated trading system called "Moon", which also gives its name to our trading signal, arises from the need to find a valid operational tool that generates a steady return over time without jeopardizing the initial capital...
Risk management usually ranks very low on the priorities list of most traders. Typically, way behind finding a better indicator, more accurate entry signals or worrying about stop hunting and unfair algo-trading practices...
USDJPY 1H – April 14, 2016 In this chart, we have counted only wave C and it seems like USDJPY is... Read More...
Now, we are waiting to see how EURUSD will react at 162% extension in order for us to determine the next move... Read Here...
We expect the bullish momentum of GBPUSD to continue and believe that any downside potential would be a perfect opportunity for a long swing trade. We expect an a-b-c move down to 61% retracement level and that is our ideal buy order. Trade Setup: Long ... Read More...
AUDUSD Daily Chart In its daily chart, AUDUSD pair has created a bullish structure of the lows but not yet to consider a completed intermediate 5-waves up. If we make an extension of waves 1 and 2 ... continue here http://www.forexsignalsfactory.net/2016/04/13/audusd-upcoming-short-term-forecast...
According to the trade idea we have posted here, this reversal candle following consolidation might be the sign we were looking for to Buy EURUSD... Read More...
Today’s short position in EURUSD was closed in target booking 750+ pips. While it is never clever going against the trend the reasons why Buying EURUSD has better odds are: It is currently trading in oversold zone ...Read More Capitulation...
Our automated trading system called "Moon", which also gives its name to our trading signal, arises from the need to find a valid operational tool that generates a steady return over time without jeopardizing the initial capital...
We have been calling this level on USDJPY for several days now, as 109.110 also corresponds to 100% extension. However topping tails on 1H chart and resistance ahead are slowing down USDJPY rally...
We are currently Long on a very good price at USD/JPY in yesterday’s support, however we took the risk of holding this position overnight. Enter long in case price breaks 108.4 and put stop loss slightly below 108.250. Initial target for this long is 108...
Our Daily wave count suggests that British Pound has entered into a corrective wave 4, which up to now is developing to be a zigzag. The most important level to watch here is 1.400 which should not be broken in case GBP/USD is to reach a higher point as suggested by our current and past analysis...
Reversal candles in H1 chart, suggesting that EUR/USD may retrace as in previous days when we have seen such strong reversal signs. It is being traded in overbought level and has consolidated these last days with few new highs which have been sold immediately... Read More...
8 price action secrets every trader should know about Price action is among the most popular trading concepts and a trader who knows how to use price action the right way can often improve his performance and his way of looking at charts significantly...
