Added by Tony on January 31, 2015 at 8:18pm — No Comments
This article is based on my personal experiences. It is a reminder for me to avoid mistakes and a lesson for many of the traders in this forum (Specially the Newbies)
Me and my cousin started forex in the year 2008 when the crude oil fell to 36.00$ price level. I bought the crude oil at…
What ProAct Forex Target Traders See: We are currently sitting @ 1.1300 after bouncing on the trend wall. We are looking to finish the correction to 1.1381. We could get the turn here. If not, look to the square up and the S7 @ 1.1583 as the target. If we head back down we are looking for the double bottom @ 1.1100. The average daily true range (ATR) for the pair currently is 142 pips.
Added by Scott Barkley on January 31, 2015 at 3:55pm — No Comments
I have a great long entry on gold, hour after US GDP data, at 1260.86! I leave the position for the next week, hope to catch 1320/50!? Any oppinion…Continue
Added by Mario Urlic on January 30, 2015 at 10:00pm — No Comments
The growth rate of the United States economy fell by almost half in the fourth quarter as sliding government expenditures, ebbing business investment and rising imports subtracted from the largest jump in consumer spending in more than eight years and substantial build in inventories.
Gross domestic product t, the widest measure of economic activity, fell to 2.6 percent annualized in the final three months of last year, from 5 percent in the previous quarters according to Commerce…Continue
Added by Joseph Trevisani on January 30, 2015 at 8:10pm — No Comments
Currently we are at 0.7242. We are looking for a continuation to the 1.618 Fibo support area @ 0.7127 with an overall target @ 0.6965. The average daily true range (ATR) for the pair currently is 108 pips.…Continue
Added by Scott Barkley on January 30, 2015 at 1:42pm — No Comments
Gold: yesterday price of gold dropped as we expected to complete the formation of a double top which opens the way to a negative trading on intraday basis as currently the price is hovering around the critical level However, 1552 was a key for diversion in the short term.
50 SMA is a neutral factor supports the proposed diversion as the price has been able to penetrate to 1263 and on the way to 1274.
Gold: expected trading range for today is between: S of…Continue
Added by Pierre Chahine on January 30, 2015 at 10:30am — No Comments
Morning Star Pattern has been found on the Daily chart. The recovery is in focus. RSI is above 50 on 1Hr Chart. On the other hand we have two inside day candle on daily chart. Break on any side will be a chance of profit taking.
On daily chart from 19th Nov 2014 decline 23.6% Fibonacci retracement is present at 1.1450…
Added by Jawad Aslam on January 30, 2015 at 7:30am — No Comments
Outlook in EURUSD remains neutral with risk to the downside at the moment , resistance comes at the 1.1422 levels , a failure to hold above the 1.1422 levels on a daily closing basis could mean a return to the 1.1223 levels , a halt is likely , but losing the 1.1223 levels on a daily closing basis is needed to restore the downside momentum , If seen , focus will be on the 1.1113 levels ahead of the 1.0959 levels.
On the upside , a failure to hold below the 1.1223 levels could mean a…Continue
Added by Haitham653 on January 30, 2015 at 7:06am — No Comments
Added by Luciano Kelly on January 30, 2015 at 4:41am — No Comments
AUDUSD – Up
Gold – Down…Continue
Added by Hendro Wafiq on January 30, 2015 at 3:53am — No Comments
hello all members ...... this is my view for coming months , this time eurusd just break its monthly support @ 1.1864 with quit 300 pip margin and trading close below this level now this is good ressi now like it play support line 3-4 time , so this time 1st tgt with monthly is 1.1210 which we…Continue
This analysis is about the intraday key support/resistance levels for EUR/USD . These levels are identified as per technical outlook and the discerned movement till date that includes the fundamental analysis also. These levels therefore give you a high probability case for price to bounce/pull back (by 5-20 pips) when it reaches these levels for the first time in the day. So follow these levels and make better trade set ups!
Added by Nili on January 30, 2015 at 2:27am — No Comments
EUR/USD 24 hour Cycle
The EUR/USD begain Fed Day, Wednesday January 28th, 2015 with an opening price Fixed and set by the ECB at 1.1344. That price formally opened American market trading for not just the Euro but for 32 currency pairs and ? 496 possible currency paired combinations. The 8:30 ECB Fix opened American currency markets since its inception in London in ? 1800's. Its no coincidence the Fix price coincides with major…
AUDUSD is at new lows as expected after recent turn down from around 0.8000/0.8030 area where former lows reacted as a resistance in black wave 4 that we were tracking it this week. We see wave 5 now in progress that can be final wave within impulse from 0.8290 so keep in mind that pair could look for lows in sessions ahead, ideally near 200% extension level of wave 4).
AUDUSD 4h Elliott Wave Analysis
Please vote for us on…Continue
USD/JPY is bullish again today, but that’s not news any more. I was pointed few days ago at this ‘support trendline’where the pair find buyers for 5 times allready and push US dollar up every time. On the other side, down trendline holding the bulls on the way up and return the pair down again, forming some kind of the roller coaster for days. What will be the sollution here, down…Continue
GOLD: Declines On Price Sell Off
GOLD: With GOLD selling off sharply during Thursday trading session, further downside pressure is expected in the days ahead. On the downside, support comes in at the 1,250.00 level where a break will aim at the 1,230.00 level. Below here if seen could trigger further downside towards the 1,200.00 level where a break will aim at the 1,180.00 level. Its daily RSI is bearish and pointing lower supporting this view. Conversely, resistance resides at the…Continue
Added by fxtech on January 29, 2015 at 5:26pm — No Comments
Added by Carol Harmer on January 29, 2015 at 7:42am — No Comments
This week's consolidation continued yesterday. Little net movement has been seen over 3 days of trading but it is the weakness of profit taking attempts coupled with a still declining Keltner channel than emphasises that the underlying tone remains negative with potential through .7427 to .7405.…Continue
Added by Alan Collins on January 29, 2015 at 7:03am — No Comments
Dow Jones – Down
Nasdaq – Down…Continue
Added by Hendro Wafiq on January 29, 2015 at 6:32am — No Comments