All Blogs
Do you suffer from Forex “Holy Grail” syndrome? If you do there is no need to panic but early diagnosis is critical! This is a very common disorder that effects statistically about 90% -95% of new Forex traders, but is very treatable with the proper education and trade style changes...
The New Zealand Dollar may have resumed the down trend against its US namesake after prices violated the series of higher highs and higher lows set from early November. A daily close below the 14.6% Fibonacci expansion at 0.7802 exposes the 0.7682-96 area marked by the July 2013 bottom and the 23...
Important Fiboancci levels used in the markets are 0-0.13-0.23-0.38-0.50-0.61-0.78-0.88-1.0-1.13-1.27-1.61 traders must watch Breakout of first level 0.13 , confirming H1 candle closing above 0.13 will bring fibo level 0.23 and so and fibonacci gives nice enter signals...
Oil prices are plunging, however Saudi Arabia is unlikely to consider Iran's request for a cut in oil production when OPEC meets Thursday, analyst Stephen Schork told CNBC on Monday. He sees the bottom for oil at $75 to $80 a barrel...
D1 price is on primary bearish with secondary market rally: Chinkou Span line is near to be crossed with the price from below to above for good breakout Senkou Span A line as the border of Ichimoku cloud/kumo is located exact above the price for now; if the price crosses this line so we may see t...
The authorities of the world's biggest crude oil producer are considering joining OPEC production cuts next year to boost oil prices, however, there isn’t consensus yet to proceed with the measure, as Bloomberg reports...
EUR/USD traded in range for some time, but eventually lost ground and closed under 1.24. Can it extend its falls further below 1.2356?The main events this week are the preliminary inflation releases, employment data as well as another German business survey is already out today...
D1 price is on primary bullish with secondary correction: Chinkou Span line crossed the price from above to below on open bar for possible breakdown Senkou Span A line as the border of Ichimoku cloud/kumo is located exact below the price for now; if the price crosses this line from above to below...
On Friday, the People's Bank of China (PBoC) unexpectedly cut interest rates. According to Reuters, it is most likely a rate cut is not the last. Exclusive: China ready to cut rates again on fears of deflation - sources China is ready to further lowering of rates on fears of deflation - sources...
Strategy: Short, Stop: 1.5770 (Close), Target: 1.5450 Doji Suggests Bulls Reluctant To Return Short Body Candles Indicate Indecision GBP/USD has posted a Doji on the daily, which does little to inspire confidence in the reversal signal offered by a Morning Star pattern...
Forex Expert Advisors for MetaTrader4 are sophisticated algorithms written in the MQL programming language and commonly referred to as trading robots. Expert advisors are the progeny of years of experience and successful market speculation...
It is a bit surprising to be calling out on a USDCAD short especially with the strength of the U.S. Dollar. However, it is rather safe to be playing the bearish channel breakout on this pair, here's why. After a rather intense sell-off, the price rallied for a bit...
This is updated statement for one of the system (manual trading system) created by me: scalping EURUSD and GBPUSD (mostly EURUSD) starting deposit is 1,000 finishing with 4,178.66...
Peluang ada di AUD/JPY. Pola Bearish Triangle terbentuk dengan sinyal Bearish 0.618 Retracement, Ambil posisi Sell di titik B dengan target profit di 101.979 dan pasang stoploss di 102.709. Goodluck...
The trading strategies of legends Jesse Livermore, Bernard Baruch, Gerald Loeb, and more provide ways to triumph in the market Today's bookshelves are so laden with Johnny-come-lately experts, eager to sell their knowledge to any and all, that it's sometimes hard for traders to know which way to...
More than two weeks ago, on November 6th, we published an article, called “Gold With More Than One Option”. In this material we gave you two alternative counts of gold, both of which suggested for a corrective recovery...
Chinese e-commerce giant Alibaba Group has raised $8 billion in its first-ever bond offering, Bloomberg reported on Thursday evening. Alibaba received $57 billion in orders for the six-part bond offering, which will be used used to refinance the company’s existing credit facilities...
Most of the gains in the US stock market occurs in the last three and first three days of the month. This pattern has a fairly simple explanation. In the last days of the month occur receipt / redemption of funds in investment funds and, accordingly, these funds come to the market...
In this article I will provide my view on the EUR/NZD, AUD/USD and the EUR/CAD. These are the pairs that I am currently interested in or was interested in last week for trading with the Hybrid Grid strategy...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published already this weekend. The favorite pairs in the Top 10 of this list are being analyzed in more detail here...