I'm expecting a big down move on EURCAD to target line indicated
Price is on a crucial level. if daily candle will close above yellow area, long is confirmed
Retest of 38.2 level (confluence with trend line) before continuing downward. Thoughts?
the pair broke out of channel so i shorted and im waiting for further drops
EURJPY REJECTING KEY LEVEL OF RESISTANCE 61.8% FIB REJECTION WEEKLY/MONTHLY SHORT BIAS NEW LOWS EXPECTED BEYOND 120 LEVELS
This simple algorithm uses Exponential Moving Averages of the S&P 500's Relative Strength Index to trigger buy/sell and short/cover signals on a daily chart. I've backtested the algorithm for SPY (1994-present), SPX (1981-present), SPX500 (1971-present), and it beats the S&P 500 in every occasion. The algorithm cannot correctly time every single crash or...