EUR/USD Chart

Summary :
Target Level : 1.1189
Target Period : 2 days
Analysis :
Flag identified at 19-Aug-04:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.119 within the next 2 days.
Resistance Levels :
( B ) 1.1189Last resistance turning point of Flag.
Support Levels
( A ) 1.1018Last support turning point of Flag.

 

USD/CHF

USD/CHF still down slightly on the day for now, but not   breaking down. If anything, today's action so far is a bend and not a break. For it to turn into a break, the mkt would need to tank below 0.9685/70 zone and we are just not sure that can be  possible today. To the upside, the sellers seem to keeping the upside capped near 0.9800/20.
R5: 1.0000 * figure
R4: 0.9984  19 Mar high
R3: 0.9903 * 11 Aug high
R2: 0.9850/55  intraday level
R1: 0.9800/20 * break zone
S1: 0.9723  intraday level
S2: 0.9685/70 * trendline, 12 Aug low
S3: 0.9644 * 03 Aug low
S4: 0.9600  figure
S5: 0.9542 * 200-day MA

Forex USD/JPY

Summary :
Target Level : 123.7521
Target Period : 3 days
Analysis :
Rising Wedge has broken through the support line at 12-Aug-12:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 123.752.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 125.2725Last resistance turning point of Rising Wedge.
Support Levels
( A ) 124.074Last support turning point of Rising Wedge.

 

USD/CAD

Summary :
Target Level : 1.2952
Target Period : 3 days
Analysis :
Triangle has broken through the support line at 10-Aug-16:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.295.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.318Last resistance turning point of Triangle.

Support Levels
( A ) 1.3049Last support turning point of Triangle.

European Central Bank's

The European Central Bank's balance sheet increased last week by EUR11.4 billion, as the central bank's lending to eurozone financial institutions and its bond buys lifted the balance sheet's volume. The balance sheet, or the value of the assets on the ECB's books, now sits at EUR2.54 trillion. The ECB's purchases of EUR60 billion in mostly government bonds per month between March of this year and Sept. 2016 should bring the size of the balance sheet above EUR3 trillion.

AUD/USD Chart

Summary :
Target Level : 0.7394
Target Period : 3 days
Analysis :
Falling Wedge has broken through the resistance line at 31-Jul-16:00 2015 GMT. Possible bullish price movement forecast for the next 3 days towards 0.739.
Resistance Levels :
( B ) 0.7345Last resistance turning point of Falling Wedge.
Support Levels
( A ) 0.7235Last support turning point of Falling Wedge.

 

Chart EUR/USD

Summary :
Target Level : 1.0929
Target Period : 2 days
Analysis :
Channel Up identified at 28-Jul-04:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.093 within the next 2 days.
Resistance Levels :
( B ) 1.113Last resistance turning point of Channel Up.

Support Levels
( A ) 1.0929Last support turning point of Channel Up.

USD/CHF Forex Chart

Summary :
Target Level : 0.9562
Target Period : 3 days
Analysis :
Triangle identified at 23-Jul-04:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.956 within the next 3 days.
Resistance Levels :
( B ) 0.9632Last resistance turning point of Triangle.
Support Levels
( A ) 0.9562Last support turning point of Triangle.

 

dollar crawled off one-week lows

The dollar crawled off one-week lows against the yen in early trading on Thursday, while the New Zealand dollar rallied after the central bank there made a smaller cut to interest rates than some had expected.
The kiwi dollar climbed to a peak of $0.6654, from $0.6570 before the central bank rate policy decision, and was last up 0.8 percent on the day at $0.6629, moving away from a six-year low of $0.6498 plumbed on July 14.
The Reserve Bank of New Zealand (RBNZ) trimmed rates by 25 basis points, while some investors had expected a more aggressive 50-basis-point cut to counter growing economic headwinds.

stock market

Why does the stock market go up and down? Theses fluctuations occur partly because companies make money, or lose money, but it is much more involved than that. A stock is only worth what someone will pay for it. Usually, if a company makes a lot of money, its value rises, because people are willing to pay more for a company's stock if the company is doing well. There are many other factors that affect the value of stocks. One example is interest rates, or the amount of money you have to pay a bank to loan money, or how much it has to pay you to keep your money in their bank. If interest rates are high, stock prices generally go down.

EUR/USD

Despite the improvement today, market sentiment for the pair remains quite bearish. What we could potentially be seeing is the early stages of a consolidation or correction in the pair. Given that the pair spent most of the last week on the decline, it would not be surprising if it was the latter.
A look at the weekly chart would support this view with last week’s candle  a marabuzo  being very bearish. It’s worth noting that this can often be followed by a small move in the opposite direction despite it being so. The key test comes around the marabuzo line   the mid-point of the candle  as this holding is seen as being a bearish confirmation signal.
The first level of resistance for the pair comes around 1.0907, Friday’s high which also roughly coincides with 7 July lows. The rejection at this level on Friday could have been seen as confirmation of the ongoing sell-off, but the lack of momentum and failure to break through the 1.0820 support suggests otherwise.

 

Canadian dollars

Foreign investors sold a net 5.45 billion Canadian dollars ($4.22 billion) in Canadian securities in May, Statistics Canada said Thursday. Meanwhile, Canadians acquired a net C$5.58 billion in foreign securities, targeting foreign equities and U.S. debt instruments.
Ovearll, the transactions in May resulted in a net outflow of funds of C$11.03 billion from Canada.
The monthly international securities transaction report offers a gauge on foreign market sentiment toward the Canadian economy, and Canadian investors' take on global prospects. The outlook for Canada has dampened considerably on a pullback in commodity prices, and a failure by non-resource exports to pick up steam and offset a decline in the price of crude, the country's top export. The Bank of Canada cut its benchmark rate on Wednesday by 25 basis points to 0.50%, and downgraded its Canadian growth forecast for 2015 to 1.1% from its previous 1.9% call.

Many stocks will trade in a range

Don't spend time on bad trades it happens to all traders you will lose money from time to time.You need to accept it and move on to the next trade and remember there are not always trades to take so don't make trades out of boredum. You cannot save a bad trade so do not add to it thinking it will go back up this is a mistake let it stop out and move on. All this does is raise your stress levels and waiste your trading capital.
Another way to reduce stress is to make sure you have a excellent trading platform. You need to have level II and be able to read charts. Do not spend time trying to trade blind and not knowing when to trade this is a sure way to lose money and many new traders will do this. Learn whne to trade by watch the volumn start to come into the trade ,watching the last sale in the level II is a great way to know when the buyers are entering a trade.
Many stocks will trade in a range traders should realize this and watch for volumn to come in at the support area on the charts.Remember no trade setup is perfect but if you have done your research to the supports area them a majority of the time you will make a profitable trade. Do not get gready take your profits and move to the next trade. All the big trading brokers offer free programs and live demo's on how to use their trading platforms. You should take advantage of this since its a great way to learn how to trade which in turn will reduce your stress and make you more profitable in trading the markets.

To be successful traders

Most of you may have read trading books that state that increasing volume is good for the continuation of the trend. While this is true, there becomes a point of saturation where the markets cannot sustain the trend and start to reverse. Think of what makes prices rise.  There has to be a buyer and a seller for every transaction. However when there are many buyers chasing a limited amount of supply due to a limited number of sellers, prices will rise as the buyers outbid each other to buy the shares. To be successful traders, you must look for the highest probability entries at demand and supply. Many times our trades will be confirmed immediately after we enter with large candles and professionals entering. We can help to time our exit at our target demand or supply when we see large candles signaling the amateurs’ entrance into the trend.

EU and IMF lenders

German Chancellor Angela Merkel urged Greece and its creditors on Friday to keep pushing for a cash-for-reforms deal after Brussels negotiations hit stalemate, as European leaders heaped pressure on Athens to give ground.
Time is fast running out for Greece to reach agreement with its EU and IMF lenders and avert a default at the end of June that could see it tumbling out of the euro zone. But talks ended without a breakthrough on Thursday night and the International Monetary Fundteam abruptly left Brussels.
Both sides tried to keep hope alive on Friday and a Greek minister said he hoped for an agreement on June 18. European Commission President Jean-Claude Juncker said the ball was in the Greek government’s court, while the Eurogroup chief demanded “serious proposals” for reforms.
Greece needs a deal to unlock aid or loosen curbs on how much it can borrow in short term debt before a 1.6 billion euro ($1.8 billion) IMF repayment due by the end of this month.“Where there’s a will there’s a way but the will has to come from all sides so it’s important that we keep speaking with each other,” Merkel told a conference in Berlin.Despite the warnings of imminent default, Greek Prime Minister Alexis Tsipras is showing no signs of alarm.

EUR/CHF Chart

Summary : Target Level : 1.0403Target Period : 2 days
Analysis :
Descending Triangle identified at 23-Jun-20:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.04 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.0475Last resistance turning point of Descending Triangle.
Support Levels
( A ) 1.0403Last support turning point of Descending Triangle.

 

USD/CHF chart

Summary : Target Level : 0.9183Target Period : 2 days
Analysis :
Descending Triangle has broken through the support line at 17-Jun-20:00 2015 GMT. Possible bearish price movement forecast for the next 2 days towards 0.918.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( A ) 0.931Last resistance turning point of Descending Triangle.

 

Forex Time Frames

The known rate of failed unsuccessful traders is around ninty percent. This is high because they do not learn how to trade. It could be higher but there is no way to prove that. If chart analysis was so successful, more new traders would be making money in the FX markets.  Do you really think a Forex broker or central bank are trading a one minute chart trying to day trade this market for ten pips.
So you can try time frame analysis breaks down like this. Generally, traders recommend using three time frames to plan your trades. The largest time frame determines the trend, which the  trader uses to decide whether they should go long or should we go short. Most like to also use the larger time frame to help with the supply and demand levels on your trading charts that the institutions are forming with their large orders.
The middle time frame is where you will mark my levels for entering trades zones. Using this medium time frame allows me to “shrink” your zones a bit a daily zone might be 100 pips wide, while a fine tuned four hour zone might be only 30 to 40 pips wide.  The zones indicate how large your stop loss must be. Larger zones have larger stops, smaller zones have smaller stops. When a trader chooses to use a third, smaller time frame, usually this is where he or she will “time” their entry. This is where we go into candlestick patterns for entry.

Trading Forex Time Frames

EUR/USD

Summary : Target Level : 1.1387Target Period : 3 days
Analysis :
Ascending Triangle identified at 12-Jun-16:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.139 within the next 3 days.
Resistance Levels :
( B ) 1.1387Last resistance turning point of Ascending Triangle.
Support Levels
( A ) 1.1153Last support turning point of Ascending Triangle.

 

Trading how to take profits

When you are stock or forex trading, you must be able to let your emotions stay out of the trade. You should not take the trade and then panic out of positions or chase into more trades. Traders should take profits when they can take a profit. No matter if they think missing out on the top or the bottom of the channel the stock is trading in. Remember with this approach it is easier to accept that I will miss some profits in every trade. It is no big deal because another opportunity to make profits will present itself.

Trading how to take profits

USD/CAD FX Chart

Summary : Target Level : 1.2563Target Period : 2 days
Analysis :
Inverse Head and Shoulders identified at 08-Jun-01:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.256 within the next 2 days.
Resistance Levels :
( B ) 1.2563Last resistance turning point of Inverse Head and Shoulders.
Support Levels
( A ) 1.2426Last support turning point of Inverse Head and Shoulders.

 

 

 

Forex USD/CAD

Summary : Target Level : 1.2449Target Period : 3 days
Analysis :
Rising Wedge identified at 02-Jun-04:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.245 within the next 3 days.
Resistance Levels :
( B ) 1.2563Last resistance turning point of Rising Wedge.
Support Levels
( A ) 1.2449Last support turning point of Rising Wedge.

 

Make Money with Stock Options

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How to trade range bound markets

The forex and stock market can be tough to trade but when they are range bound you need to be careful or you can lose all your money. Range bound markets trade within a certain price and chop between those prices.They need to know the there is a differece between trading markets and trending markets to make less risky trades. Trading markets are range bound, with allot of chop on the candle stick charts, with low volume. Trending stock or forex markets are not chopping, when they stay with the trend,and will have good volume.

Trade range bound markets

Forex EUR/USD

Summary : Target Level : 1.1208Target Period : 3 days
Analysis :
Channel Down identified at 27-May-20:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.121 within the next 3 days.
Resistance Levels :
( B ) 1.1208Last resistance turning point of Channel Down.
Support Levels
( A ) 1.0819Last support turning point of Channel Down.

 

Forex USD/CHF

Summary : Target Level : 0.9287Target Period : 3 days
Analysis :
Channel Up identified at 27-May-05:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.929 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.954Last resistance turning point of Channel Up.
Support Levels
( A ) 0.9287Last support turning point of Channel Up.

 

EUR/CHF

Summary : Target Level : 1.0356Target Period : 3 days
Analysis :
Channel Up has broken through the support line at 19-May-08:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.036.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.0506Last resistance turning point of Channel Up.
Support Levels
( A ) 1.0384Last support turning point of Channel Up.

 

Forex USD/CHF

Summary : Target Level : 0.9079Target Period : 3 days
Analysis :
Descending Triangle identified at 15-May-20:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.908 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.9256Last resistance turning point of Descending Triangle.
Support Levels
( A ) 0.9079Last support turning point of Descending Triangle.

 

USD/JPY Chart

Summary : Target Level : 120.2795Target Period : 3 days
Analysis :
Channel Down identified at 14-May-16:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 120.28 within the next 3 days.
Resistance Levels :
( B ) 120.2795Last resistance turning point of Channel Down.
Support Levels
( A ) 118.89Last support turning point of Channel Down.

 

FX Chart USD/JPY

Summary : Target Level : 119.057Target Period : 3 days
Analysis :
Triangle identified at 12-May-12:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 119.057 within the next 3 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 120.2795Last resistance turning point of Triangle.

Support Levels ( A ) 119.057Last support turning point of Triangle.

 

 

AUD /USD FX chart

Summary : Target Level : 0.8031Target Period : 3 days
Analysis :
Triangle identified at 11-May-00:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.803 within the next 3 days.
Resistance Levels :
( B ) 0.8031Last resistance turning point of Triangle.
Support Levels ( A ) 0.7876Last support turning point of Triangle.

 

 

 

support and resistance levels

Most times when the trend will reverse is at support and resistance levels.
These two trends alone shape the charts and if supply is greater than demand, then trends will fall, down trending if demand is greater, then trends will start moving up and forming an uptrend. The fewer transactions, the lower the volume. This will create a consolidation pattern and small candles the larger the supply and demand or more buyers and sellers at a certain price level, the larger the candles on the charts. learning to recognize how the trend is moving will make you more money in stock and forex trading.

Forex GBP/USD

Summary : Target Level : 1.509Target Period : 3 days
Analysis :
Descending Triangle identified at 07-May-00:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.509 within the next 3 days.
Resistance Levels :
( B ) 1.5291Last resistance turning point of Descending Triangle.
Support Levels
( A ) 1.509Last support turning point of Descending Triangle.

 

Use neural nets, price forecasting, and an amazing array of proprietary indicators

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Chart EUR/CHF

Summary : Target Level : 1.048Target Period : 2 days
Analysis :
Channel Down identified at 06-May-00:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.048 within the next 2 days.
Resistance Levels :
( B ) 1.048Last resistance turning point of Channel Down.
Support Levels
( A ) 1.0347Last support turning point of Channel Down.

 

Penny Stocks for Beginners

 Penny stocks can be risky. If anyone tells you otherwise they’re lying to you. The key
 to successful investing is to manage your risk. Don’t take your friend’s hot tips or
 anyone’s claims of “100% winners”. Always do your research, and ask lots of
 questions. And please, ignore the idiots who post messages on internet chat rooms and message boards. They can say anything they want. They can make up information and sound very convincing. You never know who they are. You have no way of knowing what their true motives are. We’ve found that most of what you find on these boards is garbage, but if you look hard enough, you can useful bits of information here and there.

Mastering Penny Stocks

Bank of Russia

The Bank of Russia will continue cutting the key rate this year, bringing it to 9% by the end of 2015, Danske Bank says. Monetary easing, including Thursday's 150 bps cut, will be positive for the economy and financial markets. "However, the easing effect will not be seen in the real economy until 2016 at the earliest even if we do not see geopolitical woes coming into the main picture," Danske says. The ruble is set to weaken moderately in the long run as the market prices in further rate cuts. Danske sees the dollar rising to 61 rubles in the short term from around 52 on Thursday.