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The dollar touched a new high of seven years against the yen at 119.44 yen, driven by the rise in Treasury yields and comments for the most optimistic of the Fed on the US economy. At around 7.30 the euro is worth 1.2370 / $ 72 from a closed to US $ 1.2381, and shows a high against the yen at 147...
US DOLLAR TECHNICAL ANALYSIS Prices stumbled after spiking to a new five-year high, finishing the day with a modest loss. Near-term support is at 11350, the 14.6% Fibonacci expansion, with a break below that on a daily closing basis exposing the November 27 low at 11284...
In today's lesson we are going to talk about one of the most basic anti martingale strategies, which is discussed in Dr. Van K. Tharp's book Trade Your Way to Financial Freedom, the Percent Risk Model...
DISCLAIMER MODE : ON XAUUSD Today Signal : Buy Stop Area @ 1209.40 , with Take Profit @ 1212.40 & Stop Loss @ 1206.40 Sell Stop Area @ 1192.85, with Take Profit @ 1187.85 & Stop Loss @ 1195.85 Trade Options...
If you're currently not selling this pair, perhaps you should be based on the trend line break and lower high fractal. This pair has been consolidating and looks to have broke out of the 5-15 minute upwards sloping trend line...
Trade Your Way to Financial Freedom by Van Tharp The bestselling holy grail of trading information-now brought completely up to date to give traders an edge in the marketplace “Sound trading advice and lots of ideas you can use to develop your own trading methodology...
EUR/CAD: Short positions of last week still open. EUR is starting to weaken again on different pairs and the CAD is getting slowly stronger the last days. The 4H. and Daily chart of the pair are now both looking Neutral. USD/CAD: Long position opened...
Outlook for the pair usdrub, as I wrote here, and correction justified. It can be seen from the graph stories))) Further, I think that the ruble will reach 55-60 rubles to the dollar...
Statements Mario Draghi and his closest associates show that the head of the ECB sets the stage for a possible launch of a full-fledged "quantitative easing" in the euro zone, that is the beginning of purchases of government bonds in the E-18...
US DOLLAR TECHNICAL ANALYSIS Buyers are back on the offensive, with prices pushing to a new five-year high. A daily close above the 23.6% Fibonacci expansion at 11391 exposes the 38.2% level at 11457...
This is just a quick follow-up post for the signal generated earlier. If you weren't aware of this, check it out here. This has been a good 60+ pip move. It's not a lot, but right now it is looking good and you should be looking to close out...
Amazon stocks might be in for more gains, as price just recently broke through a key resistance zone. Price just closed a few days above the 200 simple moving average. MACD is heading higher, indicating that there’s buying momentum present and may be enough to sustain the rally for Amazon stocks...
Traders coming to the forex market, think that the accumulation of profits can be automated. Some people buy ready-automated systems, others develop their own avtosistemu trade...
The week could not have gotten off to much more of a negative start with a series of disappointing economic data...
To track double tops/bottoms with stochastic is easy as it gives right time to enter in the market the above fig shows the T & B labels indicates double tops /bottoms gives nice entery signals when cross neckline of double top/bottom indicated by brown line...
The Falling Wedge: The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range...
There's not much movement going on with the EURUSD right now, but, if anything, we are looking to go short. Once again it reverses from the support turned resistance zone and also somewhat of a movement along the trend line...
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. Prior Trend: In order to qualify as a reversal pattern, there must be a prior trend to reverse...
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. However, this bullish bias cannot be realized until a resistance breakout. Prior Trend: To qualify as a reversal pattern, there must be a prior trend to reverse...
