The low-volume rally I referred in my last post was indeed weakness, and the prices quickly rejected the trendline...
The u.s. dollar was wallowing in low level one-month new currency against majorcurrencies in early trading Friday (6/19) with respect to U.S. inflation data jinaknya areincreasingly adding to uncertainty will increase execution time interest rates the Federal Reserve. Dolar_AS U.S...
Hy guys, I'll share a little bit about my trading techniques. Most beginners do not understand money management, we have to adjust retrieval lot, with the amount of money in the account and leverage...
Euro/Pound has seen massive buying around 714 price level, seen by the green signals and very high (red) volumes that accompanied them. The trendline is coming from 10th June, and has been recently broken. The prices also went below the 61...
The New Zealand economy grew very slightly in the first quarter in the last two years, so the more strengthen the possibility for the Central Bank of New Zealand (RBNZ) toreturn to slashing benchmark interest rate (OCR) at least next month...
Today I want to talk about the ratio of risk reward in forex trading. You've probably heard about the ratio of risk reward ratio, but are risk reward it...
The prices in the market are not always continuous moving up or down continuously.At a certain price level has been rising or falling too far away will experience aretracement or correction, before forward movement in the direction of the trend orreverses direction...
US DOLLAR TECHNICAL ANALYSIS Prices stopped to process misfortunes subsequent to sliding to the weakest level in three weeks. Close term backing is at 11834-9 territory (May 20 nearby, 50% Fibonacci retracement), with a break beneath that on an every day shutting premise uncovering the 61...
At the time we observe the trading time frame, the movement of the price bar depicts the emotional state changes to market participants on a certain period of time. Whether on a time frame of 1-hour, 4-hour or daily, every bar prices reflect emotion and sentiment of market participants...
PA TRADE "PRICE ACTION TRADE EA" The EA identifies 4 price action patterns to enter trades: inside bars, pinbars, high/low-breakouts and engulfing bars. ALL trades have a stoploss. Half the trades have a fixed takeprofit, the other half uses a trailing stop...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/JPY, GBP/USD, and AUD/USD. EUR/JPY: Short EURJPY into 139 with a stop above 139.50. First support is at 137.93, the 38.2% retracement of May-June relief rally, ahead of the 200-day moving average at 137.27...
Analysis of the trend of major Oil USDX moves like that have been predicted in an analysis last Friday where pricestouched the level balance 95.45 and EMA downloads and bounce down to 94.65support level, it also means prices have to penetrate the level balance of 95.00...
For some people who are happy custumize chart, will definitely love to use candlestick and its supporting elements. One of the Doji candlestick, one does not have a body and it was just a fuse or the tally alone without any contents...
Some expert advisors promise as much as 100% per month returns, but in reality, is this really possible? You can say this is one of those marketing gimmicks to get money out of your pocket...
The euro slipped lower against the US dollar on Friday, as fears over a potential Greek default intensified after the International Monetary Fund chose to leave the negotiations and as demand for the greenback remained supported ahead of upcoming US data. EUR / USD hit 1...
The euro trimmed losses against the US dollar on Friday, but is still under pressure as concerns over Greece's debt situation continued to weigh and as US reports strong consumer sentiment supported demand for the greenback. EUR / USD eased from 1.1152, the pair's lowest since June 8, to hit 1...
The Consumer Price Index released by the National Institute of Statistics is a measure of price movements by the comparison between the retail prices of a sample shopping basket of goods and services. Purchasing power of euro dragged by inflation...
Industrial Production released by Eurostat showed industrial production volume such as factories and manufacturing. Uptrend is regarded as inflationary which may anticipate interest rates to rise...
