Technical Analysis of Eur/usd for the day 09-Feb -2016

Hi Readers, Starting from Today I would regularly update the blog with the possible ideas whenever an opportunity is available at the end of U.S session. My analysis are purely based on supply and demand and I will cover Eur/usd, Gbp/usd and Usd/Cad, Gold and Crude.
My technical updates will valid when European session begin till the end of London and will update when to cover and when to trail.

Eur/usd Technical Analysis based on Supply and Demand and Price Action

Idea is we have strong reversals coming from the low at the start of U.S session but If there is panic in buyers they will probably test the highs with full volume and If there strong money involved there would cash Inflow at the start of most active session and Price will get rejected from 1.1245 area again and we will put stops few pips above the rejection and look to target today's low which is around 1.1090 area.

Why I like to trade parameters Not Reports

Hi, traders
Its quite a while since I have posted my trade idea or put a step forward in learning process, but all in while I was quite busy mailing replies with whatever 2-3 hours I give to trading and look after for trade Ideas for my own personal motives.

However, It was quite a volatile week for Usd/Cad and also for Crude Oil, which I thinks pushing panic buttons among traders to rush for their own trades and close it too early or too late, But it is the truth of global market, that whatever happens there is always a risk that carries the trend and reverse them on larger scale.
Let's take a look at few of the pairs that Offers unique trading opportunities in next week for scalping or even for swing trading point of view.

Whether, it is Jpy Sunami which weaken the yen most in two decades, Chinese Growth and Aussie Mines which weaken the Gold most in two decades, Or Now Curde-Oil which weakens the Canadian dollar to significantly and Volatile one and that is why I look for trades in most volatile pair and One I took on usd/cad on Friday from 1.3840 level and still holding and looking for much more in the days to come .

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As I continue to speak off and wind off the weak and I would like to tell that further weakness in crude will put tremendous pressure on world and global equities, as cheap oil won't put a lot of faith in stocks holders that Economies like Canada and America would be able to survive and this panic will surely put pressure on Fed and other banks to put pressure on OPEC to cut supplies for further rise in price and supply cut would surely put pressure on crude as well and it all depends on type of situation we are in, as I am never in favor of supply cut as there are other suppliers like Iran inching towards their part of supplies in world oil Market.

Pressure on Crude Introduce Fresh long in Usd/Cad Positions

As I mentioned in the post above that I trade after quite a while and My position trade in Usd/Cad is still waiting for new cash flow in the markets when the market opens and I am expecting a move in London opening or U.S opening as I hardly sees price moves in Asian open as they are quite happy with cheaper crude as Japan and India will enjoy as their Inflation eases down which is seen due to Japanese yen strength.

Swing Trading Levels of Gold, Euro, Aussie, Newzealand dollar

Hi, Its quite a volatile markets since the NFP report, which was quite bullish for dollar but we have seen some strong level reversals by gold and Euro, So, as far as levels are concerned I have change my short term sentiment from strong bearish of Euro and gold to medium and short term bullish .

Gold offering strong levels of buying amid safe heaven demand

There are quite other facts that turn the sentiments from bearish to short bullish on both precious metal and Euro is due to the fact that there are not cash funds inflows at the start of the year after strong fall in the Dow Jones and other world's Indexes.

As, there have been not so volatile sessions at the start of the year trading, but this time around things are totally different which we have not seen is years could be the things to come with a start of bear market in 2016.

Euro with a fake break of support and offering lot of buying opportunities after retest

After seeing the above chart we have been given an opportunity to go long euro with stop very close to the recent low or rejection point which will give us very good risk reward ratio and its really worth trading as we have seen some strong accumulation after a steep fall in the common currency ie. euro dollar.

Forex simple trading strategies l How to trade like pro

Welcome 2016 l Preview of 2015 Setups based on strong trading decisions

First of all, Happy New Year 2016 to People all over the world and my blog readers. Year 2015 is the strongest of the last decade as We have some policy changes from China, Japan and Europe and the Strongest Economy which drives the Market United State of America known as Fed.

But this also a Fact that I am not a fundamental lover, despite being the fact these are crucial trading decision which always keep the volitality on check and this brings risks as U.S is the only economy which is growing out of all other Dollar Counterpart.

This Post is based on My setups and strong trading decisions which is the reason why I have been working so hard to keep the things together and maintain quality which help everyone of us amongst the best of the hurdle trying to make money based on Strong technical Analysis.