H4 price broke 200 period SMA and 100 period SMA stopped by 1207.22 resistance level; the price is located above 200 period SMA and 100 period SMA for now: The price is ranging between 1175.17 support and 1207.22 resistance levels with the primary bullish market condition...
Metals
  • 751
  • 1
28 April 2015, 18:11 #price action, gold
Dynamic Stop Loss It is a good idea to never trade without a hard stop loss unless you are using extremely small position sizes. This is an essential part of controlling risk in Forex trading. The stop loss may be made dynamic, as a way to lock in profits on a trade that progresses profitably...
Trading Systems
  • 2819
  • 1
  • 10
28 April 2015, 15:11 #Trading Strategies
The U.K.’s 1Q Gross Domestic Product (GDP) report may dampen the appeal of the British Pound and undermine the near-term rebound in GBP/USD as the growth rate is expected to increase an annualized 2.6% after expanding 3.0% during the last three-months of 2014...
Forecasts
  • 474
  • 1
  • 3
28 April 2015, 08:15 #fundamental analysis
The following are 11 signs that we are entering the next phase of the global economic crisis: #1 It is being projected that half of all fracking companies in the United States will be “dead or sold” by the end of this year. #2 The rig count just continues to fall as the U.S. oil industry implodes...
Market News
  • 436
  • 2
28 April 2015, 06:11 #stock market, China
"The market came close to testing 1.0911-1.0914 - 76.4% retrace of the Apr. 6th/13th drop and 76.4% of the swing target from Apr. 13th: The break opens topside risks to 1.0988-1.10 which includes the full extension from Apr. 13th and the trend across the highs since Mar. 18th...
Wave Count
  • 1616
  • 3
  • 2
27 April 2015, 21:11 #Goldman Sachs
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 180.99 resistance level on D1 timeframe with good signal for the uptrend to be continuing. D1 price is located inside Ichimoku cloud/kumo below Senkou Span A line which is indicating the reanging bearish market condition...
Weekly Trends
  • 649
  • 2
  • 3
27 April 2015, 18:11 #resistance, support
US Dollar - "Ultimately, the Dollar’s immediate risk is that it has gorged on speculative appetite in the persistent trend alongside the tangible yield advantage. That places the currency in a position to bleed off some of its excess as the uncommitted trend-runners bail...
Weekly Trends
  • 1035
  • 5
  • 3
27 April 2015, 15:11 #dollar index, gold
The price was on bearish ranging market condition with the secondary market rally which was started in the end of last week. Daily EURUSD price is breaking 1...
Weekly Trends
  • 859
  • 10
  • 11
27 April 2015, 12:11 #breakout
Goldman Sachs updates its outlook on EURUSD and USDJPY noticing that the latest messages form the ECB and BoJ seem to be 'lost in translation'. The following are the key points in GS' note along with its latest forecasts for EURUSD and USDJPY...
Forecasts
  • 616
  • 1
  • 3
27 April 2015, 09:11 #Goldman Sachs
US DOLLAR TECHNICAL ANALYSIS Prices transitioned into digestion mode after bouncing to retest a recently broken rising trend. A daily close above the 23.6% Fibonacci expansion at 12027 exposes the trend line support-turned-resistance at 12058...
Wave Count
  • 477
  • 1
  • 8
27 April 2015, 06:11 #S&P 500, crude oil, gold