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Sergey Golubev, 2015.05.11 07:41
EUR/USD Forecast May 11-15 (based on forexcrunch article)
up to new highs, but shed the gains in a volatile week. The upcoming
week features yet another chapter in the Greek drama as well as
important GDP data . Here is an outlook for the highlights of this week
and an updated technical analysis for EUR/USD.
Gold is Reaching at 1270
Sergey Golubev, 2013.07.01 21:04
How can we know: correction, or bullish etc (in case of using indicator for example)?
well ... let's take AbsoluteStrength indicator from MT5 CodeBase.
bullish (Bull market) :
bearish (Bear market) :
ranging (choppy market - means: buy and sell on the same time) :
flat (sideways market - means: no buy and no sell) :
correction in a bear market (Bear Market Rally) :
Aussie rises to 3-1/2 month highs
Sergey Golubev, 2015.05.19 11:43
Goldman Sachs technical analysis says EUR/USD looking constructive: oscillators, Elliot Wave (based on forexlive article)
"EUR/USD is looking increasingly
stable/constructive as weekly and monthly oscillators are crossing
positively from the bottom of their multi-year range."
"The low (which reached 1.0485) came close enough
to satisfying a very big ABC that started at the Jul. '08 high. The
month of April formed a bullish outside/engulfing pattern. The month of
May has already made a new high. All of this suggests that there is a strong
likelihood that the market will remain stable/constructive in the
near-to-medium term time horizon."
EURUSD Technical Analysis 2015, May: Bearish with Weekly Rally and Monthly Ranging with 1.0461 Key Support Level
Sergey Golubev, 2015.05.20 04:55
This week's candle was opened in 1.1200 and W1 price is breaking next resistance levels for now: 1.1391
So, if someone used my suggestion and opened buy stop order at 1.1240 (see first post of this thread) - it should be +180 pips in profit for now (based on 'equity open trades').
This week's candle was opened in 1.1448 after the price broke 1.1391 resistance in the last week. Next resistance level is 1.1466
W1 price is going to be ranging between 1.1448 resistance and 1.0520 support levels.
If we look at Brainwashing system setup so it is not confirmed uptrend was started on ranging:
If wee use PriceChannel Parabolic system so we can get same information: market rally may be started in ranging way:
Sergey Golubev, 2015.05.22 09:26
if actual > forecast (or previous data) = good for currency (for EUR in our case)
[EUR - German GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.
MetaTrader Trading Platform Screenshots
EURUSD, M5, 2015.05.22
MetaQuotes Software Corp., MetaTrader 5
EURUSD M5: 24 pips price movement by EUR - German GDP news event
Sergey Golubev, 2015.05.22 15:04
if actual > forecast (or previous data) = good for currency (for USD in our case)
[USD - CPI] = Change in the price of goods and services purchased by consumers. Consumer prices account for a majority of overall inflation. Inflation
is important to currency valuation because rising prices lead the
central bank to raise interest rates out of respect for their inflation
"The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index declined 0.2 percent before seasonal adjustment.The index for all items less food and energy rose 0.3 percent in April and led to the slight increase in the seasonally adjusted all items index. The index for shelter rose, as did the indexes for medical care, household furnishings and operations, used cars and trucks, and new vehicles. In contrast, the indexes for apparel and airline fares declined in April."
AUDUSD, M5, 2015.05.22
AUDUSD M5: 59 pips price movement by USD - Consumer Price Index news event
Sergey Golubev, 2015.05.23 10:55
Holiday Conditions and Record Equities Remind of Bigger Liquidity Risks (based on dailyfx article)
If capital markets correct under risk aversion - inevitable over a long enough period - will the retreat be orderly or chaotic? There is usually at least a little panic in a bearish phase after a long build up, but conditions behind the current six-year bull trend suggest there may be more acute trouble when speculative appetites cool. Liquidity risks may have been fostered by the aggressive risk-taking and incredible policy intervention through these past years. We've seen how important liquidity is in the post-Lehman collapse and SNB's withdrawal of its exchange rate floor. But, what happens when the traditional outlets for safety are distorted? We consider the risks - and perhaps some opportunities - of liquidity issues in the unavoidable, next market bear wave in this weekend Strategy Video.
Something Interesting in Financial Video February 2014
Sergey Golubev, 2014.02.10 11:15
06: DURABLE GOODS
This is the 6th video in a series on economic reports created for all
markets, or for those who simply have an interest in economics. In this
lesson we cover the Durable Goods report.
Durable Goods Orders (DGO) is an
indicator of orders placed for relatively long lasting goods. Durable
goods are expected to last more than three years, e.g.: cars, furniture,
This indicator is important for the
market because it gives an idea of the consumers' confidence in the
current economic situation. Since durable goods are expensive, the
increase in the number of orders for them shows the willingness of
consumers to spend their money on them. Thus, the growth of this
indicator is a positive factor for economic development and leads to
growth of the national currency.
USDJPY M5 : 47 pips price movement by USD - Durable Goods Orders news event
EURUSD M5 : 32 pips price movement by USD - Durable Goods Orders news event :