It has been a hawkish month for the Reserve Bank of Australia. The recent meeting suggests that their guidance ramps up into a more hawkish tone. Both monetary and fiscal policies are aussie positive, so far. One thing I keep in mind is their fiscal policy in response to the current covid-19 lockdowns.
I believe that the Reserve Bank of New...
Hello all ,
As you can see in the figure, at points 1, 2 and 3, my indicator (not shown here) gives me short position three times. As I said before, in the ascending trend, you should not take a short position here and it only gives me the opportunity to take a long position in points A, B and C where my indicator shows .
I added 30, 20, and 10 percent to the...
Okkkkk so my first prediction shut a few people up LOL. Let's take a look at the monthly timeframe for the time being. What we clearly see is a Hammer formed, followed by a possible engulfing of that candle, but closer to the close of that candle, we should see if it is or not.I would possibly look for a sell position around 47k where i have clearly marked at the...
The bulls quickly took the EUR/GBP pair higher from a big support area (around 0.8550) on the four-hour chart above, taking it back to a fast bearish reversal point from last week (0.8635).
If the data disappoints in general, the bearish technical signal may trigger a short-term bearish reaction on EUR/GBP. With a regular ATR of about 50 pips, a switch from...
Ford motor company moves into buying territory with recent price movement. This isn't a signal for day traders, this is a signal for medium to long term traders. These trades can last for days to months.
GBPJPY SHORT NOW CLOSED - BUY NOW ACTIVE
Still time to jump on the bus, still valid to enter.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following...
HI GUYS HOPE EVERYONE IS DOING GREAT, TODAY I AM POSTING AN IDEA ABOUT WPR.
WHY SHOULD YOU BUY WPR:
1) WE HAVE STRONG SUPPORT AT 85 SATS
2) WE CAN SEE BULLISH DIVERGENCE ON MACD 4H TIMEFRAME
3) STOCH RSI IS NOT EITHER OVERBOUGHT NEITHER OVERSOLD SO ITS OPTIMUM CONDITION TO POSSIBLE MOVE ON BOTH SIDES.
TRADE SAFE GUYS AND DONT FORGET TO USE TIGHT S/L.
OCO Completo em EURGBP
Mas atenção! Posições curtas devem ser introduzidas após um claro rompimento do nível de 0.88664 e houver um pullback no mesmo nível e stop acima deste.
Macd indica uma clara divergência clássica de baixa e no momento se encontra em território negativo
A maior parte dos indicadores técnicos apresentam sinal de baixa bem como médias de...
Price has approached the key daily barrier of 1.27500. If today's candle can close as a spinning top/ Doji we can anticipate a potential short to the psych zone of 1.26000 in confluence with 61.8% fib level, to form a right shoulder before the sterling extends higher.