First you need to take the decision to become a very discipline trader, where when you look back to yesterday you know that today you did learn something new and when you look to tomorrow you will be ready for the challenge to learn more... Years will pass and the Market still the same, yet we evolve and change for…Continue
Added by Tony - FXS Admin on November 27, 2014 at 6:20pm — No Comments
EURJPY: Corrective Pullback Risk Remains Intact.
EURJPY- Despite its two days of price hesitation, our bias on the cross remains lower on correction. On the downside, support comes in at the 146.00 level where a break will aim at the 145.00 level. A break will target the 144.00 level with a breach turning focus to the 143.00 level. On the upside, resistance resides at the 148.00 level where a break if seen will threaten further upside towards the 149.00. Further out, resistance…Continue
Added by fxtech on November 27, 2014 at 2:32pm — No Comments
Despite losing the upside momentum , outlook in USDJPY remains neutral with risk to the upside as long as support 117.35 holds on a daily closing basis , a failure to hold below the 117.35 levels on a daily closing basis could mean a return to the 118.36 levels , break of 118.36 on a daily closing basis would open 120.00 next , a halt is likely , but further upside will pave the way towards the 121.15 levels ahead of the 122.50 levels .
On the downside , support comes at the 117.35…Continue
Added by Haitham653 on November 27, 2014 at 12:11pm — No Comments
If you are in the United States then Happy Thanksgiving. For the rest of us we will be thankful when liquidity returns next week. I’ve managed to eek out a few percent last night and this morning but the markets are very quiet with likely two exceptions, Oil and…Continue
Added by Gary on November 27, 2014 at 10:20am — No Comments
I consider today’s OPEC announcement very important development that will provide further guideline about future global economic…Continue
Added by asad rizvi on November 27, 2014 at 8:35am — No Comments
Outlook in GBPUSD has turned neutral at the moment , the pair remains in recovery mode as long as support 1.5720 holds on a daily closing basis , next resistance comes at the 1.5775/1.5823 levels , a halt is likely , but a breach will extend recovery towards main resistance at the 1.5945 levels before the next fall, however ; a clear break above the 1.5945 levels will turn outlook bullish towards the 1.6085/1.6183 levels.
On the downside , support comes at the 1.5720 levels , losing…Continue
Added by Haitham653 on November 27, 2014 at 8:00am — No Comments
BUY AUD NZD AT 1.0862 STOP LOSS 1.0810 TAKE PROFIT 1.1011
Added by A PRASAD REDDY on November 27, 2014 at 7:36am — No Comments
Demand for sterling continued the rise from this month’s low yesterday. In fact, the upside accelerated – producing the most bullish performance of the month. These gains also took CABLE back above the 13 day moving average for the first time in November. Latter, and overnight, trading has seen consolidation but sentiment remains positive with potential to 1.5849 or even 1.5872.…Continue
Added by Alan Collins on November 27, 2014 at 6:59am — No Comments
Outlook in EURUSD is neutral at the moment , the pair remains in recovery mode as long as support 1.2440 holds on a daily closing basis , next resistance comes at the 1.2503 levels , sustained trading – daily closing – above the 1.2503 levels will open main resistance at the 1.2600/1.2630 levels where fall resumption is suggested , however ; a clear break above the 1.2630 levels on a daily basis will turn outlook bullish towards the 1.2886/1.2994 levels.
On the downside , support…Continue
This is about the intraday key support/resistance levels for EUR/USD .
Pivot Point :-
Added by Thilan Perera on November 27, 2014 at 6:31am — No Comments
USDJPY Update: Resting during the past 5 days under the resis level 118.97
Key Level: 117.62
Current wave: Correcting from resis level 118.97
Second scenario: Bullish above 117.62 &…
Added by Tony - FXS Admin on November 27, 2014 at 4:10am — No Comments
VIT Daily Analysis
Review of British Pound / US Dollar (GBPUSD)
as of 26/11/14
On 26/11/14, British Pound / US Dollar closed up 0.0065 at 1.5786
Period Statistical Change
Added by Martin Kay on November 27, 2014 at 3:42am — No Comments
Indices Outlook Thursday 27/11/2014 03:20 UK.
UK100 FTSE CFD: SELL the index from 6822 with TSL 6930 & TP on 6640.
GER30 DAX CFD: close the previous order with 12 pips profit SELL the index from 9965 with TSL 10090 & TP is open.
SPX500 CFD: SELL the index from 2088 with TSL 2160 & TP on 2010.
DJ30 CFD: SELL the index from 17925 with TSL 18030 & TP on 17580.
NSDQ100 CFD: Already (SHORT) sold the index from 4295 with TSL 4390 & TP on 4100.
Added by Pierre Chahine on November 27, 2014 at 3:20am — No Comments
Commodities Outlook Thursday 27/11/2014 03:19 UK.
Gold: BUY the precious metal from 1184 with TSL 1159 & TP on 1218 THEN/OR SELL the precious metal from 1223 with TSL 1249 and TP is open.
Silver: BUY the grey metal from 15.75 with TSL 15.10 & TP on 17.10 / open.
Oil JAN: previous order closed on average with 0 P/L. BUY the black liquid from 71.95 with TSL 70.350 & TP on 77.80.
Added by Pierre Chahine on November 27, 2014 at 3:19am — No Comments
Currencies Outlook Thursday 27/11/2014 03:17 UK.
EUR/USD: previous order closed with 20 pips profit. sell the pair from 125:64 ADD 126:15 with TSL 126:95 & TP on 123:10.
GBP/USD: Already (SHORT) sold the pair from 157:85 with TSL 158:90 & TP on 155:10.
USDJPY: Already (SHORT) sold the pair from 118.65 with TSL 118.60 with TP on 116.85.THEN/OR buy it from 116:85 with TSL 115:40 & TP open.
Key Level: 1196
Current wave: Bullish & started from the level 1131
Second scenario: Bearish Under 1196 & the fall…
Added by Tony - FXS Admin on November 27, 2014 at 3:01am — No Comments
EURUSD Update: Still Bullish and was holding above 1.250 round level during the last 11 hours
Key Level: 1.2486
Current wave: Bullish started from the level 1.2443
Second scenario: Bearish Under…
Added by Tony - FXS Admin on November 27, 2014 at 2:30am — No Comments
Trading Is A Personality
Each new trader from the first step into the arena of Forex, will start researching all strategies online, and when he find a good one and start applying it, his results will differ from the performance of the strategy creator. And that is because none of us is…Continue
Added by Tony - FXS Admin on November 26, 2014 at 10:07pm — No Comments