EUR/JPY Chart

Summary : Target Level : 125.391
Target Period : 3 days 
Analysis :
Channel Up identified at 31-Mar-04:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 125.391 within the next 3 days.
Resistance Levels :
( B ) 127.826Last resistance turning point of Channel Up.
Support Levels
( A ) 125.391Last support turning point of Channel Up.

 

EUR/USD

Summary : Target Level : 1.1158
Target Period : 3 days
Analysis :
Triangle identified at 29-Mar-04:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.116 within the next 3 days.
Resistance Levels :
( B ) 1.122Last resistance turning point of Triangle.
Support Levels
( A ) 1.1158Last support turning point of Triangle.

 

GBP/JPY Chart

Summary : Target Level : 161.5045
Target Period : 3 days
Analysis :
Falling Wedge identified at 23-Mar-12:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 161.504 within the next 3 days.
Resistance Levels :
( B ) 161.5045Last resistance turning point of Falling Wedge.
Support Levels
( A ) 158.449Last support turning point of Falling Wedge.

 

EUR/CHF Chart

Summary : Target Level : 1.0995
Target Period : 3 days
Analysis :
Channel Down identified at 21-Mar-00:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1 within the next 3 days.
Resistance Levels :
( B ) 1.0995Last resistance turning point of Channel Down.
Support Levels
( A ) 1.0905Last support turning point of Channel Down.

 

EUR/JPY Chart

Summary : Target Level : 124.3302
Target Period : 2 days
Analysis :
Triangle has broken through the support line at 17-Mar-05:00 2016 GMT. Possible bearish price movement forecast for the next 2 days towards 124.33.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 126.6225Last resistance turning point of Triangle.
Support Levels
( A ) 125.0975Last support turning point of Triangle.

 

USD/CAD

Summary : Target Level : 1.3424
Target Period : 2 days
Analysis :
Channel Down has broken through the resistance line at 15-Mar-08:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 1.342.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 1.3398Last resistance turning point of Channel Down.
Support Levels
( A ) 1.3168Last support turning point of Channel Down.

 

Consumer Cyclicals

January began with a sharp, waterfall decline in stock prices. The initial rally after the January 20 low was technically weak and quickly led to a resumed decline and a more-important bottom on February 11. Our Intermediate Term Strategic Indicator Composite of 16 "internal" (or equity-related) relationships and nine "external" (non-equity) markets has moved steadily higher since the January 20 low. Market internals have risen 1.2 sigma from -1.9 on 1/20 to -0.7 sigma. Cyclical sectors have driven the improvement, led by Consumer Cyclicals and Industrials.

USD/JPY Chart

Summary : Target Level : 113.1215
Target Period : 2 days
Analysis :
Triangle identified at 07-Mar-03:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 113.122 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 114.259Last resistance turning point of Triangle.
Support Levels
( A ) 113.1215Last support turning point of Triangle.

 

EUR/JPY

Summary : Target Level : 124.36
Target Period : 2 days
Analysis :
Triangle identified at 03-Mar-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 124.36 within the next 2 days.
Resistance Levels :
( B ) 124.36Last resistance turning point of Triangle.
Support Levels
( A ) 123.1535Last support turning point of Triangle.

 

entry-level trading platform

Enter Tradersimulator   USA’s most popular entry-level trading platform  now available for your day trading education program.
Tradersimulator.com enables you to: Boost your income and upsell other courses as students’ progress. Earn monthly residuals as a Tradersimulator.com partner. Become the future of day trader education.We help you turn novices into expert traders. Teach like never before; and help your students make real money.

EUR/JPY

Summary : Target Level : 125.0135
Target Period : 2 days
Analysis :
Channel Down identified at 01-Mar-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 125.014 within the next 2 days.
Resistance Levels :
( B ) 125.0135Last resistance turning point of Channel Down.
Support Levels
( A ) 122.0815Last support turning point of Channel Down.

 

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.

 

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.

This works

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

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.

 

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.

 

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.

 

Learning to Trade

There are several keys to trading an early morning breakout. First, you need to wait for a trading range to develop between 9:30 and 9:50 in the morning. This is the crucial “after the bell” period where most activity is seen. Second, you need to buy or short the trend between 9:50 and 10:10, after you see the range develop. Third, you need to have a clear price target in mind and a stop loss order in place in case your target isn’t reached.

Trader Simulator

A day trading breakout is an influx of high volume trading that occurs right after the open. First thing in the morning, there is usually an influx of trading activity, due to the fact that most traders are putting in their first orders of the day. As a result, we tend to see higher momentum earlier in the day, even in a market that’s generally going sideways.Trader Simulator looks to address the weaknesses of beginner traders by providing access to the markets at a level you’re comfortable with.

AUD/USD Chart

Summary : Target Level : 0.6984
Target Period : 2 days
Analysis :
Channel Up identified at 16-Feb-17:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.698 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.7182Last resistance turning point of Channel Up.
Support Levels
( A ) 0.6984Last support turning point of Channel Up.

 

USD/ JPY

Summary : Target Level : 114.4755
Target Period : 3 days
Analysis :
Channel Down has broken through the resistance line at 14-Feb-23:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 114.476.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 117.527Last resistance turning point of Channel Down.
Support Levels
( A ) 110.9825Last support turning point of Channel Down.

 

EUR/GBP

Summary : Target Level : 0.7707
Target Period : 3 days
Analysis :
Channel Up has broken through the support line at 10-Feb-13:00 2016 GMT. Possible bearish price movement forecast for the next 3 days towards 0.771.
Resistance Levels :
( B ) 0.7851Last resistance turning point of Channel Up.
Support Levels
( A ) 0.7662Last support turning point of Channel Up.

 

EUR/CHF Chart

Summary : Target Level : 1.1096
Target Period : 19 hours
Analysis :
Falling Wedge identified at 08-Feb-23:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.11 within the next 19 hours.
Resistance Levels :
( B ) 1.1096Last resistance turning point of Falling Wedge.
Support Levels
( A ) 1.1019Last support turning point of Falling Wedge.

 

EUR/CHF

Summary : Target Level : 1.1206
Target Period : 3 days
Analysis :
Triangle has broken through the resistance line at 03-Feb-21:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 1.121.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 1.116Last resistance turning point of Triangle.
Support Levels
( A ) 1.1099Last support turning point of Triangle.

 

EUR/GBP Chart

Summary : Target Level : 0.7504
Target Period : 2 days
Analysis :
Triangle has broken through the support line at 01-Feb-21:00 2016 GMT. Possible bearish price movement forecast for the next 2 days towards 0.75.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.7649Last resistance turning point of Triangle.
Support Levels
( A ) 0.7562Last support turning point of Triangle.

 

EUR/USD

Summary : Target Level : 1.0968
Target Period : 3 days
Analysis :
Ascending Triangle identified at 01-Feb-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.097 within the next 3 days.
Resistance Levels :
( B ) 1.0968Last resistance turning point of Ascending Triangle.
Support Levels
( A ) 1.081Last support turning point of Ascending Triangle.

 

Small caps

First you need to do some research on the area of small caps you are interested. You need to pick an area that you are familiar with,electronics,retail,over the counter stocks. Try and stay in a area of small companies that have great profit potential. You can use a stock screener to help narrow your search. Most stock brokers will have a small cap stock screener that you can use. You can set the share price you want to start out with You can set the profits and sales revenue criteria and so on. A stock screen will be a huge help finding the right small cap stock to buy.

 

  Set yourself some kind of plan on what type of companies you would like to look for. The first place is to look at a combines earnings. Many of the stock brokers will have a ranking on the earnings power a small company will have. They will provide you with the earning outlook and how the company has done in the last few quarters. Look to see if the business has growth potential. Some companies have suffered in a bad economy but could turn around when things improve. Make sure to check there earnings per share when the economy is booming.

USD/CAD Chart

Summary : Target Level : 1.4326
Target Period : 2 days
Analysis :
Pennant identified at 27-Jan-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.433 within the next 2 days.
Resistance Levels :
( B ) 1.4326Last resistance turning point of Pennant.
Support Levels
( A ) 1.4045Last support turning point of Pennant.

 

GBP/JPY chart

Summary : Target Level : 169.1075
Target Period : 2 days
Analysis :
Channel Down identified at 20-Jan-21:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 169.108 within the next 2 days.
Resistance Levels :
( B ) 169.1075Last resistance turning point of Channel Down.
Support Levels
( A ) 163.993Last support turning point of Channel Down.

 

USD/CHF

Summary : Target Level : 1.0107
Target Period : 3 days
Analysis :
Ascending Triangle identified at 18-Jan-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.011 within the next 3 days.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 1.0107Last resistance turning point of Ascending Triangle.
Support Levels
( A ) 0.9959Last support turning point of Ascending Triangle.

 

EUR/GBP Chart

Summary : Target Level : 0.7623
Target Period : 2 days
Analysis :
Ascending Triangle has broken through the resistance line at 13-Jan-22:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 0.762.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
Support Levels
( A ) 0.7467Last support turning point of Ascending Triangle.

 

200 day moving average

You can use the 200 day moving average as a support and resistance area. One thing to remember if the price is near the 200 MA you should wait for confirmation before you decide to hit the buy or sell button. Waiting for the trend direction off the 200 MA will increase your chances of making a profit on the trade. When a moving average lines up with true buyers and or sellers, the moving average will work a high percentage of the time. It is important that you monitor the volume to make sure that the buyers or sellers are actively involved.The price of the stock  is also keyed in to the moving averages.Shorter moving averages for daytrading.

AUD/JPY

Summary : Target Level : 84.1064
Target Period : 2 days
Analysis :
Channel Down has broken through the resistance line at 11-Jan-13:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 84.106.
Supporting Indicators :
RSI below 40
Resistance Levels :
( B ) 83.7465Last resistance turning point of Channel Down.
Support Levels
( A ) 80.908Last support turning point of Channel Down.

 

EUR/USD Chart

Summary : Target Level : 1.0971
Target Period : 2 days
Analysis :
Inverse Head and Shoulders has broken through the resistance line at 10-Jan-23:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 1.097.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 1.094Last resistance turning point of Inverse Head and Shoulders.
Support Levels
( A ) 1.0803Last support turning point of Inverse Head and Shoulders.

 

EUR/CHF Chart

Summary : Target Level : 1.0827
Target Period : 2 days
Analysis :
Triangle identified at 07-Jan-03:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.083 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.0868Last resistance turning point of Triangle.
Support Levels
( A ) 1.0827Last support turning point of Triangle.

 

EUR/GBP Chart

Summary : Target Level : 0.7335
Target Period : 2 days
Analysis :
Channel Up identified at 04-Jan-17:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.734 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.7424Last resistance turning point of Channel Up.
Support Levels
( A ) 0.7335Last support turning point of Channel Up.