Two face Of Eurusd - forex trading brokers reviews

Two face Of Eurusd ~ forex trading brokers reviews

I have for some time now keeping a bullish bias on this pair. After the very long term bearish correction, thinking the market will return from there is not a bad idea; after all markets,we are taught, rise and fall in time and price.

I have done some long term analysis which speculated a bullish resurgence. You can scroll down the blog to read them.

Price did rise from the zone I speculated and I really made a good run of profits, on two different occasions. 

The bullish move is expected to be an impulsive move. 

Any sign of corrective pattern could signal that price could still dip further to complete the last leg of the bearish run.

Viewing the intra day chart, I have two positions to satisfy the two scenarios mentioned above. 

 

The intraday movement of price around the intraday zone(in red) could make all the difference in determining where the breakout will occur.

The either movement will confirm any of the wave count that birthed it.

Let price decide and we can follow.

 

More info for Two face Of Eurusd ~ forex trading brokers reviews:

Read More..

Importance of the 200 SMA - forex binary trading signals

Importance of the 200 SMA ~ forex binary trading signals

EURUSD Technical Chart Analysis 

The 200 Simple Moving Average

The Euro

found resistance at the downward sloping 200 SMA (Simple Moving Average) and support at the daily S1 after market took out the stops and triggered the breakout limit orders below the recent low on the left side of the chart (blue line). After the Stop Run - Market Manipulation - got accomplished there was "nothing" to hold back the Euro from rising upwards. The resistance of the recent low (blue line) and the 20 SMA (purple line) got respected and broken with the beginning of the new hourly candle (Breakout Timing). For example market closed at the 20 SMA resistance with a strong candle and the EUR/USD broke through this resistance level with the beginning of the new hourly candle at 8 a.m. on the 1st October.

In general, the 200 SMA is often acting as support/ resistance and the 200 SMA shows the larger trend direction if the SMA, particularly when this Simple Moving Average is strongly sloping. Otherwise, the 200 SMA indicates a sideways range bounded market when the 200 SMA is more flat than sloping.

1 hour 200 SMA

More info for Importance of the 200 SMA ~ forex binary trading signals:

Read More..

Market Gap Trading - free forex day trading signals

Market Gap Trading ~ free forex day trading signals

Market Gaps Analyzed

Closing the Market Gap

1 hour Gap Trading 

The Euro gaped up to 1.2748 and from there EUR/USD started to move down and completely retraced/ closed the market gap and the market even fell much further.

The 2 a.m hourly candle found support at the 10 SMA (red line) and the Euro started to retrace up to 1.2725 supported by the rising hourly 10 SMA. After the end of the upward retracement the Euro resumed its downtrend and closed todays gap.

The 8 a.m. hourly candle respected (touched) the hourly 20 SMA (purple line) after the Euro consolidated between the 20 SMA and 200 SMA on the 5 min chart, and the Euro initially broke through the 20 SMA with the beginning of the new hourly candle at 9 a.m. (London open- green circle on 5 min chart).

The Euro found some temporary support at the pink line (low of January) and formed an abc-retracement up to the monthly pivot point. From there, the Euro bounced back and penetrated the pink line again but market could not confirm the breakout on the 5 min chart.

5 min  Daily Gap Trading Setups

More info for Market Gap Trading ~ free forex day trading signals:

Read More..

US Dollar is the biggest scam in the history of mankind - forex vacuum trading system

US Dollar is the biggest scam in the history of mankind ~ forex vacuum trading system

Have you ever stopped to question any of the norms of this world? Have you ever though about how money was created, how the banks are creating money out of thin air? Find out more about how the US dollar is the biggest scam in the history of mankind in the video below.

But beyond that, we need to ask, how will this ever affect me?

Learning this will change your life, because it will change the choices that you make. If enough people learn it, it will change the world... because it will change the system . For this is the biggest Hidden Secret Of Money. Never in human history have so many been plundered by so few, and its all accomplished through this...The Biggest Scam In The History Of Mankind.

Related articles

• The Biggest Scam In The History Of Mankind (Debt Ceiling Truth) (libertycrier.com)
• The Biggest Scam In The History Of Mankind (Debt Ceiling Truth) (disclose.tv)

More info for US Dollar is the biggest scam in the history of mankind ~ forex vacuum trading system:

Read More..

The New State of Usdcad - forex robot trader reviews ea

The New State of Usdcad ~ forex robot trader reviews ea

I have maintained a very bullish bias of Usdcad and price has not given me any reason to think otherwise. 

The last forecast I posted on this pair on 14th November about a double zigzag complex correction gave me some nice 140pips, though I aimed more.

 Price closed the second part of that trade at 80pips. Not bad for a corrective trade.

This market is amassing momemtum to fly high.

Going by the long term, weekly chart, price is in wave 5 of an impulsive move which has the ability to soar to 1.1850 (100% of wave 1- equality ratio) or 1.2700 ( 1.618% of wave 1).

Going by the 4 hour chart, the recent downside correction could be the wave 2 of the expected impulsive wave 5 to complete the last motive wave before we look for a bearish move properly.

The intraday chart figured a flag pattern consolidation, which if broken upside should support the bullish bias.

If flag is broken upside, I will see you in 1.1850.

I will update you as price reveal its movement.

More info for The New State of Usdcad ~ forex robot trader reviews ea:

Read More..

JP Morgan as Caught on Elliot Wave - forex trading canada reviews

JP Morgan as Caught on Elliot Wave ~ forex trading canada reviews

Prices are tending high in a non-overlapping impulsive trend. The recent rally which I labeled as the third wave of the impulsive move is ending in an expanding diagonal formation.

 

 In expanding diagonal, wave 5 is greater than wave 3 which is greater that wave 1; wave 4 is greater than wave 2 and the connecting trendlines, upper and lower, show that prices should continue the rally to $70 where a minor dip to $65 region  is very likely before a further rally to probably $72.

 

 

 

 

 

 

The dip from 2011 on the long term is looking impulsive as price crashed down in style. 

This dip goes well with the elliot wave theory which says, markets retrace in 3s in the opposite direction as the prevailing trend which is usually in 5s. 

On the long term, the corrective 3s are coming as expected, though could be in different corrective pattern. The first of the 3 - corrective waves according to the elliot wave theory are expected to be motive i.e Impulse waves or diagonals.

The Gold market looks like being in the first phase of this correction and its expected to be a motive....Impulsive is more likely based on what we see at the moment.

This impulsive move which started in 2011 has completed the fourth phase of its development with a triangle corrective pattern and a crash down is expected as the last phase should be a motive wave.