GBPUSD > 10/1-6/17 Trade Analysis Timeframe: 1W Believe top of upward trend located at strong resistance level 1.3587 and expected to hold. From 1.3587, expecting decline to support level 1.3135 in longer term as long as price remains below top resistance. Should firm break and hold above 1.3587 occur, expect rise to next major resistance level @ 1.3915 but at...
USDCAD - 9/24-29/17 Analysis Expecting decline to 1.2235 - 1.2180 levels Followed by rise to 1.2380 - 1.2400 levels Firm break above 1.2400 can signal further rise to 1.2475 area * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your...
EURUSD - 9/24-29/17 Trading Analysis Expecting rise to 1.2050 - 1.2100 levels Followed by decline to 1.2000 - 1.1950 levels Firm break below 1.1910 can signal further decline to 1.1880 followed by 1.1850 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade,...
GBPUSD > 9/24-29/17 Trade Analysis Timeframe: 1W Sideways trending in play with S&R levels between 1.3450 and 1.3587 A firm break above 1.3590 signals good probability of beginning of Uptrend towards 1.3910 A firm break below 1.3445 signals good probability of beginning of Downtrend towards 1.3140 * Personal analysis only. Please use your own rules and...
Simple Trading Strategy > 10/20 SMA > Basic Education Chart: EURUSD Timeframe: Any Indicators: 10 SMA / 20 SMA 10 SMA = Faster 20 SMA = Slower If 10 SMA crosses 20 SMA to the downside = downtrend probable IF 10 SMA crosses 20 SMA to the upside = uptrend probable Very basic only ... be aware of false breaks/breaches, etc. This is a very simple strategy which...
EURJPY - 9/24-29/17 Trade Analysis Timeframe: 4H Expecting decline to 132.500 - 132.300 levels Followed by rise to 134.100 - 135.200 levels Pivot Point @ 133.95 R3 135.30 R2 134.86 R1 134.42 S1 133.45 S2 133.03 S3 132.53 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK....
Locating Resistance and Support Levels > Basic Education Chart: EURJPY Timeframe: 4H & Above Method: Line If uncomfortable with ability to chart with Fibonacci, you may find using the Line Chart easier in identifying the Resistance and Support Levels. From the closing price, simply locate the lowest low's and the highest peaks and draw a line straight across...
Identifying Downward Trendline > Basic Education Chart: USDCAD Downward Trendline identification w/Trend Reversal signals Details in chart Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Identifying Upward Trendline > Basic Education Chart: EURUSD Upward Trendline identification w/Trend Reversal signal Details in chart Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
EURAUD - 9/24-29/17 Analysis Not a pair I usually trade, but was asked to provide analysis so here's my best take: Expecting rise to 1.51000 - 1.51700 levels Followed by decline to 1.48700 - 1.48000 levels Firm break below 1.47900 can signal further decline to re-test support of 1.44250 in longer term. Projected Volatility for this pair = 60% to 90% on daily...
USDJPY Range Analysis for 2017 4th Qtr. High @ 114.40 Low @ 105.52 * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.
USDCAD - Short to 1.1940 1W Timeframe Week Trade #3 This week looking for a SELL opportunity only for this pair for a total target of 200 pips. Pivot Point @ 1.2178 was broken but fast approaching critical Resistance level @ 1.2240, believe a set-up for reversal is pending. Note that a break and hold ABOVE 1.2240 will be confirmation that bullish trend will...
AUDUSD - Long / Short Opportunity 1W Timeframe Week Trade #1 This week looking for a BUY / SELL opportunity for this pair for a total target of 182.1 pips. With the Pivot Point @ 0.8009 and the Psychological Level of 0.8000 holding, along with remaining well above 0.7965 support: Phase 1 Tentative: BUY Entry Market Order @ 0.80236 T/P @ 0.81154 Believe price...
EURUSD - Long / Short Opportunity 1W Timeframe Week Trade #2 This week looking for a BUY / SELL opportunity for this pair for a total target of 282 pips. With the Pivot Point @ 1.1945 and holding above the critical 1.1915 level: Phase 1 Tentative: BUY Entry Market Order @ 1.1960 T/P @ 1.2085 Believe price could go as high as 1.2140 but will take T/P at above...
EURGBP - 0.9011 > 0.8640 Details in chart * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience
NZDUSD Long probability > 0.7500 Showing support @ 50% Fib Retracement Level having formed a Hammer. Firm Break and Hold above Weekly Candle @ 0.7300 signals positive probability up to 0.7500 Likely range of interest > 0.7410 to 0.7500 High volatility should be expected w/upcoming Parliamentary Elections Suggested strategy: Wait for clear break & hold above...
EURUSD - Watch levels 4H to 1D/2D Current Consolidation phase near 1.1900 levels Firm break below 1.1860 possible signal to 1.1823, followed by 1.1780 Firm break above 1.1920 possible retest of 1.2000 R3 1.2000 R2 1.1965 R1 1.1920 S1 1.1860 S2 1.1820 S3 1.1785 * Personal analysis only. Please use your own rules and strategies prior to entering market. **...
AUDUSD Range Analysis for September, 2017 Low @ 0.7880 High @ 0.8120 Increase = 0.6% * Personal analysis only. Please use your own rules and strategies prior to entering market. ** Forex trading involves HIGH RISK. Before entering a trade, carefully consider your objectives, financial resources and level of experience.