96.8% That USJPY will Close This Week with a Weekly Bearish Candle! . On weekly graph it seem that USDJPY main trend is bearish. The last weekly candle arrangement show a straight movement against the main trend, which increase the probability that USDJPY will reverse soon to its main trend...
96.8% That USDCHF will Close This Week with a Weekly Bearish Candle! . On weekly graph it seem that USDCHF main trend is bearish. The last weekly candle arrangement show a straight movement against the main trend, which increase the probability that USDCHF will reverse soon to its main trend...
Candlestick patterns are important signals but they are vague and imprecise. You will need experience when trying to figure out which candlestick patterns is significant and which one is not. A bullish engulfing pattern appears, you happily open a buy trade...
99.2% That EURJPY will Close This Week with a Weekly Bearish Candle! . On weekly graph it seem that EURJPY main trend is bearish. The last weekly candle arrangement show a straight movement against the main trend, which increase the probability that EURJPY will reverse soon to its main trend...
99.2% Probability That AUDJPY will Close on a Bearish Weekly Candle this Week! . On weekly graph it seem that AUDJPY main trend is bearish...
99.6% Probability That GBPJPY will Close on a Bearish Weekly Candle this Week! . On weekly graph it seem that GBPJPY main trend is bearish...
Weekly candle take five days to form and closes on Friday. It holds a lot of information about the coming week. If the weekly candle is bullish you should assume the next weekly candle to be bullish also. Daily candle forms daily...
prejudice has everyone, today I have wrought on what better performace can have a mql signal circulating. I saw you noticed that there are a slew of mql signals, but they are all performing safe and good...
USD/CHF is a mirror of EURUSD most of the time. If EURUSD moves up, you will find USD/CHF moving down. Why? Both are negatively correlated. Reason is simple. Investors run towards CHF when there is political uncertainty. When CHF appreciates, this forces USD/CHF pair to go down...
Naked trading means trading without using any indicators solely based on price action. All indicators use formulas that are based on price action. This makes them lagging. Price always leads. You plug in price and get the indicator value...
GBPUSD is a highly lucrative pair only if you know how to trade it correctly. GBPUSD is a roller coaster and you suffer huge losses if you don't take risk management seriosuly. Read this new blog post in which I analyze a recent GBPUSD swing trade that made 250 pips with a 10 pips stop loss...
FOMC is an important meeting that decides each month the Federal Fund Rate and the money supply. FOMC stands for Federal Open Market Committee of the Federal Reserve Bank of USA (FED). Fund Rate is the short term overnight interest rate that banks charge each other for making the deposit with FED...
NFP Report is released once a month. All USD pairs violently react when NFP Report is released. Sometimes the market moves big time in one direction. Most of the time it whipsaws. Always use pending orders when trading NFP Report...
Mondays not always but sometimes give you very good trades. This Monday, EURUSD opened up with a huge gap down. Whenever there is political uncertainty in Europe, EUR/USD will start showing nervousness...
Hey traders! So last week, I made some fixes to my Lot calculator tool and added one new feature. Also worked on trading log tool and some backtesting. Read more here...
Do you know what Foreign exchange trading is? Some individuals have actually heard of this sort of trading, others have not. If you have not, it may be something you have an interest in trying. Foreign exchange trading means forex trading...
So what is Forex trading you may ask? Forex is the exchange you can deal moneys. For example, you may buy British extra pounds (by trading them to the bucks you had), after that, after extra pounds/ dollar ratio increases, you market extra pounds and buy dollars once more...
96.8% Probability That EURGBP will Close on a Bullish Weekly Candle this Week! . EURGBP main weekly trend is bullish. Current downside move have reached 50% resistance area from last wave on weekly graph. I expect to see an upside move toward the main trend next week...
99.2% Probability That GBPJPY will Close on a Bearish Weekly Candle this Week! Currency pair have been moving in a rising channel for three consecutive weeks, but momentum is weak. There is a divergence between price candles and Price Zone Oscillator-PZO...
98.4% Probability That AUDJPY will Close on a Bearish Weekly Candle this Week! Currency pair AUDJPY formed a wedge pattern with weak momentum. A divergence with Sentimental Zone Oscillator reflect momentum weakness for the current trend...
