Like I wrote in the previous post about EURUSD, this pair is currently ranging and seeing both selling on the tops, and buying on the bottoms (ie near the support). So the strategy should be to wait for prices to come either near the support or resistance, and trade accordingly...
This trading strategy has been developed by Bollinger Bands and Fractal indicator. These are basic mt4 trading indicators. In this trading system, you can get reversal signal by Bollinger Bands and confirmation from Fractal. It is easy to find trading set-up from this trading strategy...
Chart LINK: https://www.mql5.com/en/charts/3086980/usdjpy-d1-mercer-fx-limited Short Comment: USDJYP jumped from 119.10 to 119.70 (Today, 27th February, 2015) opening the road to test the resistance around 120.25. The first week of March is gonna be a strong battle between the bulls and the bears...
For today R4 - 1.2775 / R3 - 1.2697 / R2 - 1.2662 / R1 - 1.2617 SPOT 1.2515 S1 - 1.2380 / S2 - 1.2353 / S3 - 1.2314 / S4 - 1.2200 BUY AT 1.2495 FOR 1.2800 STOP AT 1.2380 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
This is a simple yet very effective trading strategy that works on all timeframes and all pairs. Chart Set Up - Heikin Ashi Candlesticks Multiple TF Analysis. One window will have the Daily HAC and the other window will have the intraday HAC...
For today R4 - 1.2775 R3 - 1.2697 R2 - 1.2662 R1 - 1.2617 SPOT 1.2434 S1 - 1.2353 S2 - 1.2294 S3 - 1.2200 S4 - 1.2115 BUY AT 1.2360 FOR 1.2700 STOP AT 1.2290 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
For today R4 - 1.2775 / R3 - 1.2697 / R2 - 1.2662 / R1 - 1.2620 SPOT 1.2495 S1 - 1.2422 / S2 - 1.2353 / S3 - 1.2314 / S4 - 1.2200 SELL AT 1.2540 FOR 1.2365 OBJ, STOP 1.2625 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
Probably, you have read my article about capital management. If you want to make profits as fast as posible, you may be wondering... ¿Will $200 for every microlot make me rich someday?. The answer is yes, In a positive, durable way...
Since 27/January, Euro/US Dollar is in a trading range between 1126 – 1153. We’ve seen very high buying activity near the lower support, and selling on the middle/near the resistance, and now the prices are right in the middle...
Prospective Forex trader do not always have all the right information before making the decision to commit to this interesting but also challenging industry...
Hi my permission to introduce myself, my name is Malik Sanjaya Nuku Kusuma. I was an Indonesian. Here I will tell my story to the forex market. The story starts when I graduated from vocational high school...
Successful options trading is not about being correct for all market speculations every time, but about having a good options position adjustment technique. Things might go wrong, but you need proper techniques to get your strategy back on the profit track...