Wednesday, May 4, 2016

Forex Trading Strategy 29 ~ forex trading rules

Market Analysis of the 28th of September 2015 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1


Click on the Menu on "Market Analysis" for all the analysis.

Daily Charts: Charts look better, some orientations of trade but prudence.

EUR/USD: End of wave 5, alligotor is going to sleep, patience.
GBP/USD: Price has broken 2 levels and is below the box, we can look for shorts.
USD/JPY: The price is back on the alligator, patience.
USD/CHF: The price is above the alligator, maybe start of the wave 5, we can go for longs but prudence as the overall trend is not clear.
AUD/USD: Price is again below the alligator, still wave 3 and we can look for shorts.
EUR/JPY: Price is below the box, bo trend but we have to check that pair.
USD/CAD: Officially, we are still in the wave 3 with, maybe, a new push, we can go for longs but prudence.
NZD/USD: The wave 3 is officially not over but the price is inside the alligator, prudence.
XAU/USD: Probably the "c" move of the wave 4 with a price above the box, we can look for longs but prudence as its against the main trend.

For orientation/direction of trades, click  "Signals" in the menu (from Monday 28th of September   from 8:00 GMT+1)


forex trading rules


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