Wednesday, March 4, 2015

USD/CAD Forex Chart

Summary : Target Level : 1.2566Target Period : 2 days
Analysis :
Triangle identified at 04-Mar-05:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.257 within the next 2 days.

Resistance Levels :
( B ) 1.2566Last resistance turning point of Triangle.

Support Levels ( A ) 1.2433Last support turning point of Triangle.

 

Tuesday, March 3, 2015

USD/JPY Chart

Summary : Target Level : 118.681Target Period : 3 days
Analysis :
Channel Up identified at 03-Mar-05:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 118.681 within the next 3 days.

Resistance Levels :
( B ) 120.2655Last resistance turning point of Channel Up.

Support Levels
( A ) 118.681Last support turning point of Channel Up.

Monday, March 2, 2015

USD/JPY Chart

Summary : Target Level : 119.265Target Period : 13 hours
Analysis :
Channel Up identified at 02-Mar-06:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 119.265 within the next 13 hours.

Resistance Levels :
( B ) 119.955Last resistance turning point of Channel Up.

Support Levels
( A ) 119.265Last support turning point of Channel Up.

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.