kolioo77 / Blog
Weak Demand to Crude Oil is mainly due to many reasons globally.The adoption of Renewable source of Energy by Europe & U.K the Crude oil demand droped so .Strong Doller and Weak Demand for Crude oil droped Oil prices at faster rate in last month.In fears The U.A...
The Fequently Harmonic pattern appears in the market is Butterfly and crab ,its looks like head and shoulder or double top bottom...
A unique Factor That affect the Real value of any Currency is the goods and services of That country.The demand to good and services is the sign that the real value an currency of that country is going to rise...
Mostly Gartly pattern fails ,complaints from most of traders lossing money On Gartly Signals ,As lots of choice to trade harmonics where Emerging Bearish patterns gives nice Signals @Point C takeprofit @ Point D and Stoploss@ Point B. And again Sell @ point D...
Price Moving in price channel is natural phenomena where Sellers always look to sell when prices makes a new low ,that we say in fibonacci pattern AB=1.61*CD moves market in a systematic wave like a water flows in a pipe when pressure rise the pipe burst from weak surface...
Due to China Trade balance rises last month more than U.s Trade balance doller get weak in fairs China rise in activites economy may bring demand to gold and oil ,Can make doller weak for short or long term. Possible GBPUSD in Upchannel Buy levels 1.5600-1.5700...
T The Uptrend is initiated after Buyers sentiment over any market.This sentiment is represented in the form of M -pattern taking in shape when buyers really rises at high price .Provides low price for buyers just below the previous buyers...
Yes,Human beings are educated and they know very well the number 5 comes after number 4 .In psycological trading the trader know buying at price 4 ,the price can reach at 5.The trader must carry out fundamental analysis it really gona to reach price 5 or not...
It is necessory to determine Buyers and sellers are now equal and new trend supposed to be initiated ,where new orders are placed by traders .after long move the time reach the buyers become eqaul to sellers...
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...