Monday, February 29, 2016

GBP/USD Chart

Summary : Target Level : 1.4043
Target Period :
2 days

Analysis :
Falling Wedge identified at 29-Feb-05:30 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.404 within the next 2 days.

Resistance Levels :
( B ) 1.4043Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1.3842Last support turning point of Falling Wedge.

 

Saturday, February 27, 2016

Volume is important

Volume is important when trading any of the different markets. Stock prices can only move up when buyers become aggressive and raise bids to chase diminishing supply. Prices drop when traders or sellers are desperate to get sell a stock and drop their prices to bring in scarce buyers. Often in a breakout, the price moves above when a prior buying area that has already been weakened. When investors and traders see that new high being made, they jump on board and the volume spikes. This can be a problem sometimes.

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Trader Simulator looks to address the weaknesses of beginner traders by providing access to the markets at a level you’re comfortable with.
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Thursday, February 25, 2016

GBP/CHF

Summary : Target Level : 1.415
Target Period :
2 days

Analysis :
Channel Down identified at 24-Feb-22:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.415 within the next 2 days.

Resistance Levels :
( B ) 1.415Last resistance turning point of Channel Down.

Support Levels
( A ) 1.3733Last support turning point of Channel Down.

 

Tuesday, February 23, 2016

EUR/USD Chart

Summary : Target Level : 1.1119
Target Period :
3 days

Analysis :
Falling Wedge identified at 23-Feb-03:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.112 within the next 3 days.

Resistance Levels :
( B ) 1.1119Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1.1003Last support turning point of Falling Wedge.

 

Monday, February 22, 2016

no-risk environment

On the side of the student, TraderSimulator allows them to put into practice on an ongoing basis what their teacher is telling them. After each and every coaching session, the student can use TraderSimulator to refine the techniques that the stock teacher has brought to their attention. Best of all is that the student can do so in a no-risk environment, confident that their mistakes won’t be punished and that they’re developing all the while.

EUR/JPY Chart

Summary : Target Level : 128.1745
Target Period :
3 days

Analysis :
Falling Wedge identified at 22-Feb-01:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 128.174 within the next 3 days.

Resistance Levels :
( B ) 128.1745Last resistance turning point of Falling Wedge.

Support Levels
( A ) 125.0195Last support turning point of Falling Wedge.