A nice head and shoulder pattern has formed on the Daily time frame of NZDUSD.
If you trade in 1 month it is good idea to open long. In long term there are bearish trand
So I rebuilt the ANN Strategy with my own codes I added. It took me a long time to get this far, the first 2 weeks it wasn't repainting but then it started repainting slowly. Not hard like the original script. Please feel free to edit the script and post it at the bottom. Thank you everyone! I hope this script I rebuilt can help people! That's why were all here...
(03/03/2016) 18.11pm GMT EURGBP : With a cross of the daily trendline at around 0.77500, look to go long (remember to use the shorter time frames 30min,15min to enter). Looking at targets of around 0.79200 with a risk of a return to the WeeklyTrendLine at 0.77000. If price bounces off the Monthly trend parallel Channel, Short after confirmation which will come in...
Sell at current price 16.020 Stop Loss: 16.420 Target: 14.245 The Price is at a Strong Resistance Level, Trend Line Support and 200 Day Moving Average retest. Lets go with the trend.
Nike is the best-looking stock from our Dow Jones overview so far On long term perspective it trades firmly above upper 1st standard deviation from 5 and 10 year means - which means that long term uptrends are well in progress. On short term basis the long term picture is confirmed by the slope of both 1-year and quarterly means. The august selloff did not...
IBM is on risk of 5-year downtrend after falling out from 1st standard deviation from 5-year mean. Additionally, price has fallen out of 1st standard deviation from 1-year mean, this is on short term downward risk as well. Thus unless price trades back above short term risk order @ 150.5 - and then back above larger downtrend risk border @ 157.5 - risk of...
Goldman Sachs trades laterally on both long term and short term basis. On long term basis price has recently failed uptrend borders, marked by upper 1st standard deviations from 10 and 5-year means - thus entering lateral territory within the 1st standard deviations. On short term basis price has failed to enter a downtrend on 1-year basis by holding within 1st...
MagneGas (MNGA) has recently had a large order placed to place acetylene in plants for an unnamed cement company (Argos Cement is being named as the number one suspect for the company who placed the order). This caused the stock to gain 10.1% up to .95 a share from its previous .84 a share. There was also a volume spike due to the breaking news the company issued...
Keeping in mind that the ECB and Europe want a weaker EUR to increase export, chances are high that the downtrend has not come to an end yet. I've been drawing in some Fibonacci extensions and retracements in order to try and find out what is most likely to happen to the EURUSD if it breaks below the current level, and I have identified 3 price levels where we...
There are two possible scenarios: 1. Go back and retest the trend line breakout and the August Monthly pivot around 1.6970 after that continue down to the second missed monthly pivot and the yearly pivot 1.6000. 2. Break below the lows and second entry at 1.6800.