GBPUSD has sold off recently but is still gradually trading higher on the 1-hour time frame. A rising channel can be seen connecting the latest lows and highs of price action. Price is currently testing the channel support and might be due for a bounce back to the top...
“Trade what you see” is a phrase traders love to throw around, but the true meaning behind it is mostly unknown. Trading what you see has become a hollow phrase and its true meaning has been forgotten. By the end of this article you will understand why you probably don’t trade what you...
10 Feb, 2016 DAX Trade #1 Short trade opened @ 9051 was covered @ 9041 protecting 10 point profit just ahead of FED Chair Yellen started her testimony to the US Congress. It proved a good decision as market went high of 9125 before falling back during the testimony...
USD Ready to Run, SPX Lay in Wait for Yellen Talking Points: - The news front over the next two days will likely be dominated by Ms. Yellen’s twice-annual testimony in front of Congress. Today she speaks with the House of Representatives, and tomorrow the Senate. - Ms...
10 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:30 Manufacturing Production m/m GBP High -0.4% 0.0% Negative 15:00 Fed Chair Yellen Testifies USD High - - Dovish 15:30 Crude Oil Inventories CAD High 7...
When #GPBUSD has passed the opposite directed fractal (up) above Alligator's teeth, we fixed a loss. Here we went long and this position is still relevant. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
We entered a long position in #EURUSD after the price has broken the fractal level at 1.1239. Volume has already been added in accordance with technical signals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
COSMOS4U MACD Indicator under 45, 177, 22 parameters given from COSMOS4U technical analysis research department, generated a buy signal for USDJPY spot price in H1 timeframe (10 FEB 2016 02:00 PM UTC...
Highlights from Yellen's statement Inflation continues to run below the (FOMC) Committee's 2 percent objective The Committee did not adjust the target range in January U.S...
The four horsemen of the Apocalypse were the sign of the ‘end-of-days’ in the book of revelations in the Christian bible. The four horsemen in this article are: global debt, NIRP, low global growth and deflation...
Protection against failure platforms, computer or VPS is very important in automated trading. One of the many concerns in automated trading is the technical side. When you trade manually and sit at your computer, you’ll find all the technical problems almost immediately...
GBPUSD: Having halted its weakness to close higher on Tuesday and followed through higher on Wednesday, GBPUSD aims at 1.4591 level on bullishness. Support lies at the 1.4450 level where a break will turn attention to the 1.4400 level. Further down, support lies at the 1.4350 level...
THIS IS AN OLD POST, PLEASE FOLLOW THE MOST UPDATED SUCH AS https://www.mql5.com/en/blogs/post/660334 Pre US Open, Daily Technical Analysis Wednesday, February 10, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out...
Chart: http://bi0l.blogspot.com/2016/02/usdjpy-intraday-forecast-technical-side.html Calculated data levels: Support (S1 / S2 / S3 = 114,43 / 05 / 113.43) and resistance (R1 / R2 / R3 = 115,67 / 116,05 / 67). Key resistance levels (1st from 116.34 to 114.94 at the end of the day, the 2nd of 116...
#Dollar is trading at its lowest level in more than 15 months against the Japanese yen. This is due to the fact that #investors are fleeing from increased volatility in financial markets, shifting their money into safe-haven #assets. Find out more by checking out the Source Link...