Francis Dogbe / Perfil

EURUSD Forecast for April 10

Good morning everyone! Today we could be in for some action on many currency pairs as there are many fundamental news items to be coming out through the day. Basically we could see some action on all currency pairs as fundamental watch items like G20 meetings can affect all the currencies. Yesterday’s forecast was on the positive side as we had 4 pairs out of seven behaving very close to what we had predicted. GBPUSD, USDCAD, USDCHF and NZDUSD were very close, although the oceanic pairs did not move into our blue zones they did go in that particular direction before bouncing off Today we could be in for strong US Dollar and on the other hand Japanese Yen could weaken. Not adding any hedged pairs to offset the trading risk. Happy Trading!

Forecasts Outlook
US Dollar: Strong

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.38118 and 1.37814.

In trading i believe in two things which is........

In order to determine the market direction, find the last broken up fractal and the last broken down fractal. Determine which of these two fractals broke last. If the up fractal broke last, the market direction is up. If the down fractal broke last, the market direction is down.

Note: it does not matter where the actual fractal that is broken is located, what counts is the location of the point where it breaks. It is important to understand that it is the last break of a fractal that counts to determine the market direction, and not the fractal itself.

Check out this link.
http://youtu.be/pW6In-K2QDA

My trading strategy is pretty quite simple.
Indicators:
1. Hieken Ashi
2. 2 -SMA
3. Moving Average Oscillator

Feedback deixado para o desenvolvedor do serviço MAC.Buy.Sell

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