GOLD accelerated lower in the last couple of days after a fall through the lower side of a trading channel connected from 1320. So we turned bearish on gold again as we want to go with the current sentiment. In fact, price fell well below the base channel support line yesterday and made a daily close beneath 1400 which is very important sign for a wave three of three sell-off. As such, we think that gold will move even deeper in sessions ahead, towards 1360/65 in the near-term and then even…

USD/JPY has been in sideway moves for last couple of days, making Yens bit dicey to trade. Current price action indicate continuation of Corrective move in overall Bullish trend for JPYS. 

For Intraday traders, Sell at tips.

Sardar…

16 -5-2013 today EURUSD trade we look to buy @1.2755/60 stop 1.2686 target 1.2950 and a break above 1.2950 will move euro to 1.3020. but If EURUSD could not fall to 1.2750 i suggest buy above 1.2945 stop25pip target 1.3015

Cable is at a horizontal level with continuation divergence and looks like it could move to the upside, before we see price stall and create a head and shoulders pattern.

I'm short…

eur/usd   buy  2921   sell  2814

usd/jpy  buy  10252  sell  10153

spy  buy  1669   sell  1652

apple  buy  438   sell  417

US Dollar / Japanese Yen broke above the down trendline at 100.77, five days ago.  This is a bullish sign.  This down trendline, currently with an ending point at 99.73, may now provide downside support with prices having only risen 1.46% since the breakout, the validity of the breakout is questionable.  The most recently confirmed up trendline for US Dollar / Japanese Yen has an ending point currently at 97.99.  Expect prices to have some difficulty falling below this…

Another day - another fall, deeper and deeper we go and seems there is no end. First test of 1.2850 was unsuccessful, there was only about 30 pips pullback for now and maybe another test will follow today, breaking of 1.2850 will lead us quickly to 1.2730-1.2700. Weekly indicators are negative and heavily point to the downside with first target 1.2760. Daily indicators show that soon a correction will follow. H4, H1 and smaller frames show that correction is trying to begin. The correction…

AUD/USD weekly chart, currently we have:

- Trendline support is around 0.9860

- SMA 200w also lies at this level

- 0.9850 was once a critical resistance



The pair is forming a pennant pattern and the price has been hovering around key supports for 2 days. Given that the chance could happen just once a year, why not take a risk to buy a rebounce up to 1.0150?…

I take no responsibility and claim that these trades would Result in profit.Sound Money management is Required.





EUR/USD



Buy AT:1.2866

Stop Loss:1.2859



Tp1:1.2870

Tp2:1.2879

Tp3:1.2902

Follow Till:1.2954





Sell AT:1.2859

Stop Loss:1.2866



Tp1:1.2855

Tp2:1.2845

Tp3:1.2821

Follow Till:1.2769



GBP/USD



Buy AT:1.5215

Stop Loss:1.5207



Tp1:1.5220

Tp2:1.5230

Tp3:1.5254

Follow…

A pinbar is one of the best reversal candlestick.

In this case I have choosed the EJ pair in the 1 hr. time frame. We use the pinbar and the Aligator to generate valid signals. You have to remember that the most simple trading systems/stregies are the most viable. Enter at the close of the pinbar if the close is under the Aligator. In this case the aligator have the mouth closed, which signals a consolidation, the pinbar signals a reversal. We see that after the entry the aligator…

aud/cad intraday analysis buy@ 1.0060, sl@ 1.0030, tp@ 1.0130, estimated time 45 hours.

a trailing stop is suggested to use.…

As in one of the comments my dear fellow mentioned Haitham and Vladimir i would like to thank them both for there analysis because from there i started to learn things.I also did talked to them and with their guidance i started working on things.All of this i am saying is just because i follow the same methods those guys do as i learn from them.

Well as we all know that the market is moved by the combination of people.So what i suggest is to look for the long term trend and go…

In the first picture above we see that I have used 2 Bollinger bands, one with usual setings (20 with deviation 2) and the other with…

ANZ - "Slippage from 1.5600 may seem relatively sharp, but the broader profile remains that of defining a trading range after the slump to 1.4830-50 in March. The 1.5125-1.5225 area ought to hold and provide support for a secondary push towards the 1.5750-75 area."…

Westpac - "USD strength has been a key theme of late. The bulk of its gains however have been posted against a motley bunch of currencies. In the last month USD strength has been concentrated primarily against the likes of AUD, SEK, NZD and CHF. Over the last week JPY, NZD, AUD and CHF have ceded the most ground to the USD. EUR on the other hand, while lower over both the last week and month against the USD, has weathered the USD’s rally comparatively well.

(...) Our longer term…

eur/usd   sell  2996   sell  2869

usd/jpy  buy  10279    sell  10154

spy  buy  1661    sell  1642

apple   buy  450   sell  435