EURO/DOLLAR - Triangle idea: B wave consolidation on dailyPrice action suggests an exhaustion on weekly basis.
On the other hand, there's a upward movement on daily basis that might be a ABC correction before the weekly drop.
Meanwhile, it's possible to see price oscillating between $1.11 and $1.13 before rally to the $1.15
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Insidemarket
EURAUD - Ascending triangleThis pattern usually takes place in an impulse. Price faces horizontal resistance with higher lows. I have observed that most of time it breaks in favor of the current direction. Maybe for some other reasons it can be a reversal at least for some correction before price resume the previous impulse.
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USDCAD - Trend continuation idea for daily correction.Right now price is correcting (on 4h basis) within an upward correction (daily basis) in direction of the downtrend line (on weekly basis). The idea is to trade what could be a final wave up before reaching the trend line.
Watching for a proper price action on bounce area .
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Happy trading!
GOLD/DOLLAR - A daily ABC correction.After the previous bullish movement which broke the monthly resistance, now price declines towards that level.
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AUDUSD - How the opportunity looks like (the 61,8 retracement).It takes knowledge to take advantage of an opportunity. And one of the basic of intelligence phenomenon is to identify the potentiality of the opportunity, to rationalize upcoming events based on passed events.
Take for example this chart. InsideMarket bought the 61,8 retracement (a common trade technique), but how many traders lose money with this technique and are not profitable for more than one month?
Of course, trade is a losing game because of the lack of specialized knowledge. The obvious obstacle is that the basic phenomenon of the human intelligence (which is to identify potentiality) is compromised.
I will defy you right now : what if you are not getting the profits you want because you are not engaging in buying trades because it is "too expensive"?
How many of you are busting out accounts by scalping the market because "160 pips is unrealistic "?
What if you are seeing a lifetime opportunity to be make real money with InsideMarket . Can you "do the math" and identify the potentiality?
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Trade record & statistics: miud.in
GOLD/EURO - Test of weekly support & daily resistance.After a upward weekly impulse, XAU/EUR is correcting on daily. On hourly chart we can see an impulse upward as a fractal of the daily correction (correction of the correction). There are some fibonacci retracement levels on what could be the daily resistance. Any price action on this level would tell us the direction on medium term.
InsideMarket has already performed a succesful trade as you can verifiy at miud.in . For trade signals, please see contact below
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Trade record & statistics: miud.in
GBPUSD - The anatomy of a trade. (Bought at 76.4 retracement)Don't stop believin' is what this trade teaches us. The agony of the price almost hitting the stop-loss is real, but usually it pays off when it is well placed.
TRADE PLAN:
Happy days!
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Trade record & statistics : miud.in