H4 price is on primary bearish for trying to break 1.2466 support level for the bearish to be continuing. Chinkou Span line is located below the price Ichimoku cloud/kumo (Senkou Span A and Senkou Span B) is above the price - this is indicating the bearish market condition...
Trading Systems
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5 November 2014, 18:11 #resistance
This index is an attempt to measure consumer optimism. It is calculated since 1967. Its base value is 100...
Trading Systems
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5 November 2014, 15:11
2014-11-05 09:30 GMT (or 10:30 MQ MT5 time) | [GBP - Services PMI] past data is 58.7 forecast data is 58.5 actual data is 56.2 according to the latest press release if actual > forecast (or actual data) = good for currency (for GBP in our case...
Trading Systems
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5 November 2014, 15:09 #GBP/USD
Morning Doji Star, Evening Doji Star, Island Reversal Patterns. Evening Star The Evening Star Pattern is a bearish reversal pattern, usually occuring at the top of an uptrend. The pattern consists of three candlesticks: Large Bullish Candle (Day 1) Small Bullish or Bearish Candle (Day 2...
Trading Ideas
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5 November 2014, 06:11
Alibaba Group's chairman Jack Ma and Apple's CEO Tim Cook announced last week that Alibaba and Apple will work together on payment services. Apple Pay plans to enter the Chinese market via Alipay and become a payment method for Chinese Apple users...
Market News
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5 November 2014, 03:11 #Alibaba
It's been nearly five years since Google released its very first Nexus device, and by now we all basically get what the Nexus name stands for...
Events
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4 November 2014, 21:11
Stochastics gives its strongest sell signal when the two moving averages that comprise it have first been above 80 and then close below the 80 level. The strongest buying signal is given when the two moving averages have first been below 20 and then close above 20...
Trading Systems
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4 November 2014, 18:49
The term scalping elicits different preconceived connotations to different traders. Despite what you may already think, scalping can be a viable short term trading methodology for anyone. So today we will look at what exactly is scalping, and who can be successful with a scalping based strategy...
Trading Systems
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4 November 2014, 15:11 #scalping
Support and Resistance is one of the widely used concepts in Forex trading. Most traders plot horizontal lines to show support levels and resistance levels. There is also an indicator used to plot Support levels automatically and indicate the resistance and support levels...
Trading Systems
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4 November 2014, 10:46 #resistance, support
Engaging and informative, Algorithmic Trading skillfully covers a wide array of strategies...
Market News
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4 November 2014, 06:11 #AlgoTrading