Friday, February 27, 2015

EUR/USD FX chart

Summary : Target Level : 1.1168Target Period : 2 days
Analysis :
Triangle has broken through the support line at 26-Feb-17:00 2015 GMT. Possible bearish price movement forecast for the next 2 days towards 1.117.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( A ) 1.138Last resistance turning point of Triangle.

Thursday, February 26, 2015

USD/CHF Chart

Summary : Target Level : 0.9368Target Period : 2 days
Analysis :
Triangle identified at 24-Feb-13:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.937 within the next 2 days.

Resistance Levels :
( B ) 0.9523Last resistance turning point of Triangle.

Support Levels
( A ) 0.9368Last support turning point of Triangle.

Monday, February 23, 2015

Check your stop and profit target orders

Make sure to watch your own charts. This is where you start to look for trades to pull money out of the different markets. Depending on your trading style weather you are a day trader, swing or long term, you might be looking for trades every few minutes to every few days. This is where your core strategy is used. Marking up your charts with quality supply and demand zones to help you know where and when to make trades makes trading much easier. We are always waiting for price action to arrive at one of our zones. Check your stop and profit target orders when you make a trade. Traders always need to make sure your orders are where we think they are. It is entirely possible that you may have set up a ten pip stop, or where their is selling pressure. 
Stock Market Forex Trading Risks

Wednesday, February 18, 2015

USD/JPY chart

Summary : Target Level : 118.237Target Period : 3 days
Analysis :
Head and Shoulders identified at 18-Feb-05:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 118.237 within the next 3 days.

Resistance Levels :
( B ) 119.416Last resistance turning point of Head and Shoulders.

Support Levels
( A ) 118.237Last support turning point of Head and Shoulders.

Thursday, February 12, 2015

Online Stock Trading

Trading properly involves eliminating bad trades and being prepared for what may come while you have your money exposed. To do this, we must gain proper perspective to price action and anticipate upcoming events or price barriers that will change the direction. News can effect a trade and new traders should not trade when news is coming out especially in the Forex markets and online stock trading. Your core strategy to work  one set in particular stood out from the rest, as it perfectly demonstrated why you always trust the charts over anything else.
Sure there are many fundamentals that we are told shape the valuations of currencies  but if you know what you are looking for you will soon come to see that the only thing that consistently moves markets is the law of supply and demand. Most of the time a support and resistance will trigger trades weather they are long or short. When institutions create large imbalances between the buy and sell orders placed in the markets, this offers us exceptionally low risk and high reward trading opportunities each and every day.
Online Stock Trading

USD/JPY chart

Summary : Target Level : 118.4645Target Period : 2 days
Analysis :
Rising Wedge identified at 12-Feb-00:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 118.464 within the next 2 days.

Supporting Indicators :
RSI above 60

Resistance Levels :
( B ) 120.4285Last resistance turning point of Rising Wedge.

Support Levels
( A ) 118.4645Last support turning point of Rising Wedge.

Wednesday, February 11, 2015

EUR/USD Chart

Summary : Target Level : 1.1499Target Period : 2 days
Analysis :
Channel Down identified at 09-Feb-21:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.15 within the next 2 days.

Resistance Levels :
( B ) 1.1499Last resistance turning point of Channel Down.

Support Levels
( A ) 1.127Last support turning point of Channel Down.

Saturday, February 7, 2015

EUR/USD and GBP/USD Forex Trades

The following pair of charts are forex of both the EUR/USD and GBP/USD. You can see that at monthly charts is to help you understand where you are in the really big picture, plus to recognize if the current volatility is unusual compared to previous strong moves. They show a couple of turning points in the past, and also turned on the average true range which helps measure volatility.  As you can see, the ATR has been increasing for the past few months yet isn’t anywhere close to the highs seen a few years ago. While most believe that both pairs will continue their current trend you need to see if they continue to make a long term trade.
EUR/USD and GBP/USD

Thursday, February 5, 2015

EUR/USD chart

Summary : Target Level : 1.1205Target Period : 3 days
Analysis :
Channel Up has broken through the support line at 05-Feb-01:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.12.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.1534Last resistance turning point of Channel Up.

Support Levels
( A ) 1.1313Last support turning point of Channel Up.

Tuesday, February 3, 2015

Pound chart

Summary : Target Level : 1.499Target Period : 3 days
Analysis :
Triangle identified at 02-Feb-21:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.499 within the next 3 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.5084Last resistance turning point of Triangle.

Support Levels
( A ) 1.499Last support turning point of Triangle.