GPBUSD 1 Hour.
I posted a trade earlier today on EURJPY 3 Min. Since the rules of price action are fractal they apply on any time frame. Here is a trade taken off the 1 Hour Chart. The point to make here is that the rules of price action are always clear. Whereas the…Continue
Added by Constantine on February 19, 2014 at 8:30am — No Comments
Added by Muthusamy on February 19, 2014 at 8:17am — No Comments
We sold GBP/USD from 1.6705 yesterday and our stop loss was set at 1.6755. Stop loss wasn’t hit and now we have a floating 13 pips of profit. I suggest moving your stop loss order to break even and waiting for the profit target at 1.6620. In case the price starts moving in a whipsaw pattern, it’s better to stay on the safe side.
EUR/USD is also moving north without even falling back and I suggest buying this pair on dips. One such opportunity is just near 1.3713 level (daily…Continue
Added by Thom Grey on February 19, 2014 at 7:42am — No Comments
EUR continues to move in a narrow range, seems that the mixed Germany's data doesn't influence the pair at all. Again the EUR benefits of the bad US data than any good news from the EU zone. Today is the FOMC will be released later through the american session and until that a consolidation with bullish tone will present. Today we shall test 1.3775 once again and if broken the pair will try to close above 1.3800 and to open the way for testing 1.3830 and 1.3880-95.
GOLD is correcting…Continue
Added by Vladimir Mihaylov on February 19, 2014 at 6:21am — No Comments
The GBPUSD maintained a bearish momentum yesterday , topped at the 1.6740 levels , and bottomed at the 1.6654 levels . Now pressure will be on the 1.6654 levels.
The GBPUSD will have to hold below the 1.6554 levels on a daily closing basis to push the market for further downside losses , If seen , It will target the 1.6625 levels where a breach will turn focus on the 1.6425 levels.
Alternatively , a failure to hold below the 1.6654 levels, could mean a return to the 1.6740…Continue
Added by Haitham653 on February 19, 2014 at 6:00am — No Comments
Recommendations: LONG positions above 1.3722 with 1.3780 & 1.3830 as next targets.
Alternative scenario:The downside breakout of 1.3722 will call for a slide to 1.3680/1.3650.
Description: Intraday outlook in EURUSD is on the upside with risk towards 1.3780 ahead of 1.3830 levels as long as support 1.3722 holds on hourly basis , break of 1.3830 will open 1.3892 next .On the downside ,losing the 1.3722 levels on…Continue
Added by Haitham653 on February 19, 2014 at 5:49am — No Comments
*** Intra-Daily Trading Strategy: SELL Australian Dollar / US Dollar
Sell Target: 0.8990
Sell Stop: 0.9052
Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.
(NOTE: Adjust Stop Loss Price according to your trading risk.)
Do not reverse after exiting. This is a recommendation for…Continue
Added by Martin Kay on February 19, 2014 at 5:14am — No Comments
Added by Muthusamy on February 19, 2014 at 4:06am — No Comments
Tonight’s video features all the 11 markets I follow for which you can review my last Newsletter (if you are not a subscriber you can receive my last 6 issues simply by subscribing; it is free, see below).
The market featured in the below video and commentary are EUR/USD, S&P500, Dollar Index, Gold, USD/JPY, EUR/JPY, GBP/JPY, GBP/USD, AUD/USD, USD/CAD & NZD/USD.…Continue
Added by FibStalker on February 19, 2014 at 4:02am — No Comments
The GBP/USD dipped back further again today towards the 8-day EMA. There is quite a lot of confluence coming in below and the trend is definitely still up so we favor looking for long positions here. Traders can look out for price action buy signals on the daily / 4-hour timeframe tomorrow to rejoin the bullish momentum in this market. There is big news out of the UK tomorrow morning so we expect to see movement on this pair…Continue
Added by Lewis Barber on February 18, 2014 at 11:05pm — No Comments
A mixed outlook from Germany gave euro bulls a pause this morning but unexpectedly poor U.S. manufacturing and housing data and their potential impact on monetary policy brought the euro back to within points of it January 1st high.…Continue
Added by Joseph Trevisani on February 18, 2014 at 7:15pm — No Comments
EURJPY 3 Min:
Today was one of little movement alternating with spikes up and down but with few clear signals on the 5 min chart. Sometimes where you are expecting a reaction in price and you cannot see it on the 5 minute chart then it is acceptable to drop to…Continue
Added by Constantine on February 18, 2014 at 4:30pm — No Comments
Notice;All new comer who joined our community of forex street social network, please don’t get scam by the scammer of MA ..he is known as a market analyst in our community ..
Really he is not a trader, he is demo trader…………as soon as , he see new guy he usually offer to join his palm account and eventually he lost the fund of new guy….
He don’t understand market at all,,,,but he pretend himself…Continue
Added by nurul islam on February 18, 2014 at 4:10pm — No Comments
Added by ashafa on February 18, 2014 at 3:25pm — No Comments
EUR/USD is steady in Tuesday trading, as the pair trades above the 1.37 line in the European session. The first releases of the week were dismal, as Eurozone and German ZEW Economic Sentiment faltered badly in January and were well off the estimates. Eurozone Current Account continues to impress, beating the estimate for a third straight time. It’s a quiet day in the US, with no major events on the schedule. Today’s…Continue
Added by Yohay Elam on February 18, 2014 at 11:16am — No Comments
Most viewed Forex Webinars for the week of February 10th - 16th:
#1 Sam Seiden - Finding Key Profit Zones in Forex
#2 Steve Ruffley -…Continue
Added by Francesc Riverola on February 18, 2014 at 9:59am — No Comments
Markets are very muted today, the only exception is JPY that fell for around 100 pips against the USD after BOJ Press Conference. Pair moved up as expected to a new high, and it seems that wave (c) is now finally underway. Intraday trend is bullish for a move up to above 103.00 as long as 101.75 holds.
USDJPY 1h Elliott Wave Analysis…
Added by Gregor Horvat on February 18, 2014 at 9:02am — No Comments