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...
YES and No. Yes, because SPX chart favors for a new move high and that ES needs to break previous highs and record new ones to confirm the bullish rally (see charts below...
In our previous week's post, we alerted for a major buy trade that would target above 110.50 - USD/JPY: Retraced 38.2%, Time to Buy Already? Since that moment, USDJPY has moved up in a strong wave 3 and currently is completing an inner wave 4...
Binary options are a new and popular type of investment vehicle among traders mainly because of the simplicity. Similarly to vanilla options, binary options allow a trader to trade on the future price of an asset...
Who looks out for the first time to online trading or Forex Trading, it does so with the aim of gaining something...
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...
