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Read More »Money Management in Trading
Money Management in Trading Money management is one of the most important part of building a successful investment in trading. Money management combined with a successful trading strategy, it will enable the forex trader to eliminate the emotional and psychological aspects and to make money over the long term. A successful ...
Read More »Forex Trading Signals and Robots
Forex Trading Signals and Robots Forex trading signals are used by Foreign exchange traders around the world to help them in making critical decisions about their investments. There are many different types of FX signals systems, some are offered for free while others for a fee but take in mind ...
Read More »Forex Daily Technical Analysis USDCAD – USDJPY
Forex Daily Technical Analysis USDCAD – USDJPY The USDCAD broke through the intraday resistance at 1.3180 and knocked the older highs at 1.3195/00 to hit 1.3208. That is an overly bullish forex signal for the pair as long as USD stays above the 1.3180 level is a buy. Also the pair ...
Read More »Forex Daily Technical Analysis
Forex Daily Technical Analysis GBPUSD looks like it breaks the triangle formation to the upside, supporting the bullish scenario for the pair. The price is trading above the 100H MA enhancing the positive momentum. USDJPY is under pressure today and has fallen below trend line support and below the 100 and ...
Read More »Technical Analysis EURUSD 9-8
Technical Analysis EURUSD EURUSD broke above the 1.13 level and also above the 1.1318 resistance but sellers rushed and push the pair back below the 1.13 and this is not a good sign for the EUR. EUR is still trading above the 100h EMA and some buyers will push the ...
Read More »Technical Analysis GBPUSD 9-8
Technical Analysis GBPUSD 9-8 GBPUSD made a break of the 100 hour MA to the downside and is moving away. The next target comes below 1.33 at 1.3296 which is the 38.2% of the move up from the August 29th low. The 1.3250 area is a confluence area where the ...
Read More »Technical Analysis of GBPUSD
Technical Analysis of GBPUSD The pair has fell to strong support area near a cluster of support defined by the 100 bar MA on the 4-hour chart, the 200 hour MA and the 100 hour MA. The three moving averages come in at 1.3161, 1.3165 and 1.3171 respectively. The low ...
Read More »EUR/USD buy signal
EUR/USD buy signal The pair has been trading sideways since the Brexit decline. The lower level is at 1.0980 and the top at 1.11. The ECB will cut rates by the end of 2016 and it could also taper its QE program. Earlier this week, German ZEW Economic Sentiment, shocked the ...
Read More »USD/JPY trading signal
USD/JPY trading signal Looking at the 5-minute chart, USD/JPY has slowed the momentum at the high of the day, but has remained in a channel. The topside trend line come in at 102.90 while the lower is at 102.30 currently. There has been small corrections along the way. The pair ...
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