Friday, December 15, 2017

price action anylysis of Euro amid low volatility

Volatility has been very low but direction has been very clear in Euro after breaching of 1.1830
Buy order 1.1760 stops @ 1.1740
Target Ist 1.1860
Second 1.1925
Stay tuned for Euro short entry from caps @ 1.1960

Wednesday, December 13, 2017

Forex Top down analysis for trend from Monthly, weekky to Daily



Position weekly
Pair Gbp/cad Buy 1.7216
Stop 1.7140
Target 1.7650
Pair is approaching the mentioned resistance with breaking of recent s/r flip which was tested multiple times on weekly and I have placed my stop beneath the daily support line and will keep an eye to add more to that if an intraday opportinity is seen
Stay tuned to the blog for updates

Tuesday, December 12, 2017

Forex Intraday updates & Price Action Signals


Forex Trading signals for usd/chf & gbp/chf on  12/12/2017 GMT (8:30  GMT) Best Forex Trading signals Trading signals for gbp/chf sell @ 1.3240
Stop loss 1.3270
Target 1.3210
Signal is valid only for 4 hours as usual
Trade closed at 9:15 GMT (+40)

Intradayforexacademy

Sunday, December 10, 2017

Forex Trading :- Where to look for entries PA ZONES


Euro/ usd Trend
Weekly Up Monthly Down Daily Neutral Intraday Down Trend is sideways on daily & Intraday is down. I would look to buy euro again above 1.1850
Bias neutral to bullish. But due to low volitality swings can fake up the whole PA.
Price action zone is between 1.1675 to 1.1710 & 1.1810 to 1.1860.
For Free Intraday Entry & exit Please click. Trading signals

Forex price Action analysis and guide on how to build forex strategies that work in forex

I would start the explanation as a novice. What should a novice trader look to react in a Forex market -its expectations, excitement and emotions and interpertating power to think that every trade is a winner.
Not every pair and market is rated proportionally, say if there is a particular currency is being sold or being bought there has to be a given reason for it to move. Always remember that not all currencies move in tendum. Its about need and targets of institutions when one area is breached, they often look for next target and that really is not possible with all the pairs as some might have hit their targets.

Technical Analysis of Pound for the next week starting 10-12-2017

In the following chart, As per my Analysis a particular zone is engulfed but there are few strong candles that are catching reactions but if those areas are consumed with spikes then price will drop more strongly.