Hope it drops sooner, this is just a simple clonage within this long term channel. Fundamental factors to consider, oil dropping further, BOC lowering interest rates this week, could wick out to 1.48. US bad data last minute revised GDP after market closed last Friday 1/15, if USD starts dropping this pair could just go sideways for a few weeks. The risk for...
That would be nice if we see a consolidation before thinking of a long position. I am biased on a bullish movement, but the support can be broken triggering a "C" wave. Happy New Year. ____________________________ SUBSCRIBE to my TRADE SIGNALS with 15 DAYS of FREE TRIAL. Suitable for all traders. Please, contact me via Private Message, Email...
Break of the long term supports allow price to go further down. (CHECK 'RELATED IDEAS' FOR A BROADENED VIEW) INSIDEMARKET traders got the proper TRADE PLAN to perform it: Happy days! ____________________________ SUBSCRIBE to my TRADE SIGNALS with 15 DAYS of FREE TRIAL. Suitable for all traders. Please, contact me via Private Message, Email...
Level to watch: Support 1.3810 1.3710 and 1.3420 ,Resistance level 1.505, 1.510, 1.530 I am Bearish , it is still on its way back to 1.3420 level again. The one question is will it go down directly or will do lil whipping around first. News : Wednesday, Thursday and Friday
Wave structure + RSI dynamics + Fibonacci extension = major resistance ahead. Merry Christmas! ____________________________ FINAL DAYS for SPECIAL CHRISTMAS OFFER: SUBSCRIBE to my TRADE SIGNALS and get 30 DAYS free-trial. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype (@insidemarket168).
Counting waves. Happy trading! ____________________________ SPECIAL CHRISTMAS OFFER: SUBSCRIBE to my TRADE SIGNALS and get 30 days free-trial. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype (@insidemarket168).
Counting waves. Happy trading! ____________________________ SPECIAL CHRISTMAS OFFER: SUBSCRIBE to my TRADE SIGNALS and get 30 days free-trial. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype (@insidemarket168).
This pair performs on weekly basis. This correction comes all along 2015 and may encounter a yearly support near $86.5 Happy trading! ____________________________ SPECIAL CHRISTMAS OFFER: SUBSCRIBE to my TRADE SIGNALS and get 30 days free-trial. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype...
- Fundamental Analysis This week, Canada should play a main actor on the FX stage with plenty of economic data. - Canada GDP - RBC Manufacturing PMI - BOC Meeting - Canada Employement report I think those are last pieces of Canada in this financial year; after this week, BOC members would shut down their computers and book the ticket for Chirstmas...
This bullish H&S pattern will cause a decent rally, should the bulls take out the neckline. Take profit and stop loss levels are shown on the chart. Good luck, Ali Sharif Azadeh, CFTe
Potential AB=CD confluenced with low RSI(7) (actually very very low!) - I think somewhere here should be great time for bounce back. Limited support from S/R zones - couldn't find anything really strong. Also it should be noted that on higher timeframe there are some bigger correction 'objects' - one of them is 1.27 of ABCD of here - so there is some chance this...
Price has skyrocketed in the short term, but it's now up against a weekly downtrend mode resistance. The daily uptrend signal target has been exceeded ahead of time and it would seem like the right time to turn into a contrarian. Waiting for bearish signals to confirm this speculative bias. Rgmov is warning us already, showing no new highs diverging vs price. The...
The US Dollar looks poised to continue higher against its Canadian counterpart after prices broke above resistance marked by Augusts’ swing top. It now looks like the pair is in the process of resuming the latest leg of its multi-year rising trend established from mid-May. Near-term resistance is at 1.3556, the 38.2% Fibonacci expansion, with a break above that...
Happy trading! ___________________ Money management of my trades. There are two targets: the first one is at least double of the target two (the farthest). The proportion is 2/1. So, 2 lots for target one and one lot for target two. Typically, when the target one is reached, the stop-loss of position for target two is put to breakeven. If target one is hit...
My attempt to trade the trend down. ___________________ Money management of my trades. There are two targets: the first one is at least double of the target two (the farthest). The proportion is 2/1. So, 2 lots for target one and one lot for target two. Typically, when the target one is reached, the stop-loss of position for target two is put to breakeven.