Trade alert Australian dollar possible push towards 0.7714 l Trading employment data

Trading Australian employment data - Forex News Trading

Hi, i will update the text later

Canadian Dollar Trading BOC statement l Whatever the decision Canadian dollar will collapse to 1.2470

Canadian dollar is waiting for BOC members to gather for the policy guidance and make forecast about rest of the year GDP and other policy decision giving canadian dollar directions.

Whatever might be BOC decision Canadian dollar is about to collapse

I won't take much time explaining you the fact why I think Usd/cad is about to collapse strongly for the rest of the week or even month, below is the chart that explains it all.

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Also Read this :- Gold Future Long term view

Learn to trade currencies like a Professional

Learn to trade forex like banks l Live trade Example usd/cad

Trade currency is like a challenge to everybody specially If you have been trading for a while with no success and still quite dedicated to learn and adapt and prepare yourself, but still you need to think out of the box and learn tricks that strong institutions and banks use to trade and I have done my best to put it all together and everyone out there because I know how frustrating and hectic it could be to trade currencies for years and yet suffering from directional bias.

You might like reading:- How to spot Clean set of orders

Currency traders in years develop millions of trading system and only certain number of traders use them to make a living off Forex trading and yet we have all the time in the world to learn trading but we look for shortest and easiest way to approach currency trading and hence look for trading gurus to help them and urge for sharing their trading methods and strategies, but after certain number of months and years we did not even get any success what we work hard for or what we deserve and reason being the logic and when we look to trade multiple mechanical systems and multiple self-failure prophecy systems.

Also Read this :- Gold Future Long term view

Look at the chart below and you would understand that how easy it could be to learn and read a currency chart like pro and make a living and successful trading career. step to step guidance is very important and I have put every effort to make it crystal clear and for me patience is the key until the smart money pull the trigger and we just need to find trade locations and half of the work would already be done and you just need to watch out for the tricks that happens afterwards

Learn to trade currencies like a Professional

This chart is a clear example of how we should target a pair which is approaching strong demand or supply area according to our analysis and this would put lot of stress out of our mind to target and analyze multiple currencies charts, indexes, futures and commodities. I have post a small screenshot on the left of the real usd/cad chart which went exactly as shown in the diagram. Price could react to certain price patterns and could reverse or look to continue above the mention target but it has already spike from as low as 1.2890 and currently trading around 1.3120 so it was a nice profit overall. I would post couple of more charts in recent week only for education purpose.

Weekly Price Action Analysis for the week 11th July 2016 l Canadian and BOE policy eyed

Hi, traders We already had quite handful of events in the last couple of weeks and it has been no different this week with volatility will again be on the higher side with two large banks gathering again to discuss their long term policies and future forecast and specially Bank of England would be under tremendous pressure for future guidance as they will have to keep everything on track for new policies and with new headwinds coming their way. So, it is important to look out for other pairs which have direction rather than just looking for these two pairs as smart money will keep looking for stop hunting and pairs will suffer from clear direction at new high or low.

Price Action Analysis of Euro/dollar and U.S. Dollar index future

Price Action analysis of Eur/usd and U.S dollar future and they will be under radar and look or the help of risk aversion for the direction as they are lacking fundamentals at the start of the week but at the end of the week U.S Cpi would surely fuel the prices of the both euro and dollar as September hike would also depend on Inflation numbers.

Technical portion of U.S dollar and Euro

Trading Gold Futures Price Action l Fibonacci retracement and price action levels

Its been target oriented week for usd/cad and Aud/cad pairs and Now the focus from there shift after the news section settles down and we can see new cash flow in the Currency market as talk shift to Fed's september rate hike after upbeat Non Farm Payroll last Friday. I have prepared a report on Euro dollar, pound dollar and commodities.

Fibonacci Retracement levels for gold futures

Weekly chart of the Gold Futures refers to unfold correction and retracement levels towards 38.2% and If we see an rejection from here then probably we will witness a impulsive rally towards 1295 levels and from there we will see how price unfolds and If this assumption is right and we see a break below 1295 level and this will confirm the top and our next target would be 1250 and 1198 level in coming weeks. But we will have to be patient and wait for the price action to show some sign of top.

Read Gold futures price Chart and understand every move

Gold futures has some strong history and open interest at historic level where price had fakeout the bull rally and strong rally after clearing supply with every move was a clear signal of new buyers found there at level and that is what I try to mention in the chart and Video below will really help you understand the "law of open Interest" at historic price action level and Now we need further price action to see if Price has reached the motive or target smart money was looking for and I would post an update If we see another level of interest or trading opportunity.