Saturday, March 6, 2021

The experienced forex or stock traders

 When you decide what you are going to trade its time to do your research. With out the proper preparation you will fail in either of the markets. The experienced forex or stock traders will take your money if you are adding to losing positions.  You need to learn and analyze each market to make the most informed trades. Before you hit the buy button you need to know what the market is doing and what news might be released the day or week. What is the stocks history is it at support or resistance on the charts all come into play when trading stocks. Is the stock entering the earning season this can be crucial to the movement of the stock.

ADVANCED FOREX PATTERNS (AFP) helps you to master 10 very powerful Forex patterns available to the Forex trader.

Friday, March 5, 2021

EUR/JPY

 

EUR/JPY
15-Feb-14:00 -> 05-Mar-14:00
Target Level: 128.1800
 
SL: (A) 128.1800 Last TP of Triangle
RL: (B) 129.6310 Last TP of Triangle
Target Period: 2 days
 
Interval4 hour
PatternTriangle
Length43 Candles
Identified05-Mar-02:00
Triangle identified at 05-Mar-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 128.1800 within the next 2 days. 

AUD/JPY

Supporting RSI and Moving Averages are 34 candles
TP: Last Turning Point - used to identify Support (SL) and Resistance (RL) Levels
AUD/JPY
10-Feb-02:00 -> 05-Mar-14:00
Target Level: 81.9820
 
SL: (A) 81.9820 Last TP of Descending Triangle
RL: (B) 84.0340 Last TP of Descending Triangle
Target Period: 3 days
 
Interval4 hour
PatternDescending Triangle
Length62 Candles
Identified05-Mar-02:00
Descending Triangle identified at 05-Mar-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 81.9820 within the next 3 days.
Supported by Downward sloping Moving Average

Monday, March 1, 2021

EUR/USD ,forex chart

 

EUR/USD
27-Jan-02:00 -> 01-Mar-22:00
Target Level: 1.2025
 
SL: (A) 1.2023 Last TP of Channel Up
RL: (B) 1.2243 Last TP of Channel Up
Target Period: 2 days
 
Interval4 hour
PatternChannel Up
Length93 Candles
Identified26-Feb-18:00
Channel Up has broken through the support line at 26-Feb-18:00. Possible bearish price movement forecast for the next 2 days towards 1.2025.
Supported by Downward sloping Moving Average

CHF/JPY

 

CHF/JPY
26-Jan-06:00 -> 01-Mar-22:00
Target Level: 116.1790
 
SL: (A) 116.1790 Last TP of Falling Wedge
RL: (B) 117.7770 Last TP of Falling Wedge
Target Period: 2 days
 
Interval4 hour
PatternFalling Wedge
Length99 Candles
Identified26-Feb-22:00
Falling Wedge identified at 26-Feb-22:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.1790 within the next 2 days.
Supported by Downward sloping Moving Average