History and Application
This parabolic curve pattern was first observed in the markets over 50 years ago and was misnamed a parabolic trend. Then, observing a parabolic curve pattern on the charts was a rarity. With increased market participation in forex, with the added propensity to have increased buying and selling pressure on a currency pair by an increased...
The pair has just bounced in a major trendline. I'm expecting the pair to drop towards the lower trendline but it will be ideal to take partial profits as soon as it touches the support level in 20 pips. However, in the long term, this could be a very profitable short swing trade with a very good risk/reward ratio (30 pips SL).
All indicators and oscillators are...
THIS TRENDLINE IS NOT BREAK FROM BUYER
WHERE TRENDLINE BREAK FROM BUYER IS 100% SAFE FOR GOING STRONG BULLISH
BUT FOR MOMENT IS IN CONTROL FROM SELLER AND WE WAIT SIGANL FOR RECOVERY
We do not know yet for sniper entry but we will see the news further as 1D has not yet confirmed a buyer's control
Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept.
*Please hit the zoom-out button once*
(or more if you're feeling wild)
This may look like a mess, but the last few "bars" on the chart are holding some useful information!
I'm sure I'm not the...
Signal ID: 64919
Time Issued: Monday, 15 April 2019 09:00:16 GMT
Entry: 1.13355 - 1.13507
Stop Loss: 1.13126
The Trend Follower Strategy has just bought EURCHF at 1.13431. The system recommends entering this trade at any price between 1.13355 and 1.13507. The signal was issued because our Speculative Sentiment Index is extremely positive,...
WELCOME TO DACAPITAL-TRADING!
AUDCHF FOREX BREAKDOWN 09 APRIL 2019
Explosive open above previous week highs taking out sellers
Strong bullish wave formed and ending now
Strong bullish price movement about to end we need a pullback
ENTRY @ 0.71430
SL @ 0.71890
TP @ 0.70890
(Use normal Risk!)
IF YOU HAVE...
We expect to see CHF continue its pattern.
CHF should see significant and reliable strength starting late this week.
CHF/XXX = / bullish
XXX/CHF =\ bearish
*Generally, (XXX) matters just as much!
Also as we see AUD, USD, CAD, potentially GBP weakness
CHF and these pairs would make good potential trades.
Next few weeks:
Bullish: CHF, JXY (JPY)(LongTerm),...