A long trade on the EURAUD currency pair based on interest rate differential between the EUR and the AUD.
Trading is based almost entirely on technical indicators that use past price action to forecast future price action. However, the trader who ignores fundamental forces that move the markets is at a disadvantage to traders who factor fundamental data into...
A short on the NZDUSD currency pair based on interest rate differential between the NZD and the USD.
Trading is based almost entirely on technical indicators that use past price action to forecast future price action. However, the trader who ignores fundamental forces that move markets is at a disadvantage to traders who factor fundamental data into their trading...
A long on EURGBP based on interest rate differential between the Euro and the GBP.
Trading is based almost entirely on technical indicators that use past price action to forecast future price action. However, the trader who ignores fundamental forces that move markets is at a disadvantage to traders who factor fundamental data into their trading decisions.
The...
A potential downward move on Gold has started at 6 PM EST. Short at 1501 with SL @ 1507.
The line of least resistance is downwards. Take shorts on retracements.
Trading along the line of least resistance is key.
There is no trend except in hindsight.
On GBPCHF the line of least resistance has shifted towards the downside. It isn’t an exact science; and it might go a little bit up before reverting downwards;; you cannot pick true tops and bottoms aka market turning points, no one can as no one can predict the future;;...
Trading along the line of least resistance is key.
There is no trend except in hindsight.
On AUDUSD the line of least resistance has shifted towards the downside. It isn’t an exact science; and it might go a little bit up before reverting downwards;; you cannot pick true tops and bottoms aka market turning points, no one can as no one can predict the future;;...
Trading along the line of least resistance is key.
There is no trend except in hindsight.
On GBPUSD the line of least resistance has shifted towards the downside. It isn’t an exact science; and it might go a little bit up before reverting downwards;; you cannot pick true tops and bottoms aka market turning points, no one can as no one can predict the future;;
as...
Daily chart of gold, showing a trendline of resistance broken and price might move to the upside now, giving an upwards bias for Gold. Moreover, price bounced from Moving Average, higher likelyhood of Gold reversing to the upside for a big move as it is a Daily chart.
Entry was to be made Friday Nov 2, 2018 on a 30 min chart, at 1231 with a SL at 1230. Trade is...
Gold has broken a long resistance line on the Daily chart. This is a re-entry as bias is upwards now. Entry is a double support retracement on the 30 min chart. Enter 1231 on Friday 2 Nov with SL at 1230.
