Detecting Price on EURJPY this is a long-term projection of price and future movement. However, things go we follow what the charts are projecting and not a projection of our own. We care about consistency and making the best long-term trading descions always.
This snapshot is basically a way to place a trade on Sunday's during the Asian Session going along with the trend.
Here I decided to Short the pair AUD/JPY using a top down analysis starting from the monthly time frame to as low as the hourly. We traded a small lot size just to be on the safe side we did not want to risk losing more than 2% with our stop out at...
Analysis Prediction for today I have here is a simple chart mark-up on the Pair AUD/CAD
Reason We took trade
Simply it has been a slight change in momentum on the smaller charts working there way to the 4hr and 1day
Several Confluences are working together that follows our trading strategy.
on the 1hr Chart 0.91770 we have a strong bullish candle to the upside...
With a set of Bollinger Bands with the Settings of
Period: 10
Deviation: 1.500
Shift: 0
Apply to: Close
EMA: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Red
EMA: 21
Period: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Green
When on the 1hour and 4hour time frame a candle stick touches the upper or bottom Bollinger band bounce and touch...
I am still sticking with the Central Point Strategy. Currently we have the Bulls in control as price is above central point. That does not mean a change can not happen as we all know that the market is very unpredictable. We are going to treat yesterday's low as support where we caught a price bounce off of. along with central point we can determine our direction...
Earlier we talked about taking trades from central point at the start of london session 3:15 we currently found a position that was safest to trade which is GBP/USD we got the type of entry we were looking for and now waiting through the high and low tides of the market looking to take this buy to a next area of resistance.
In this example we have listed our weekly levels we are using to trade our profitable system. Keep in mind this is not a system we created on our own this is a well known strategy mixed with hours of research and trail and error.
This is how we are going to go about taking this trade. We are going to use caution as for those who don't know NFP week is a very...
Trading pairs have never been easier for me until I started trading in this manner in which I am going to describe.
After taking several demo account losses I stumbled across an article on trading forex pivot points. After reading I decided to try a simple strategy that has simplified trading in all aspects, however if you still do not get the basic fundamentals...
