Monday, April 25, 2016

Forex Trading Strategy 26 ~ forex trading reddit

Market Analysis of the 19th of October 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: Some contretrends but overall, the pairs have no clear direction.

EUR/USD: The price is above the box with alligator lines opening, we could look for longs but with prudence as there is no trend.
GBP/USD: Price is right into the box, no trend, patience.
USD/JPY: The  AO is coming back to the zero line, but with the price below the box, we can look for shorts but with prudence.
USD/CHF: The price is below the box with alligator lines opening, we could look for shorts but with prudence as there is no trend.
AUD/USD: Probably the "c" move of the wave 4, we can look for longs with prudence when price breaks the box.
EUR/JPY: Sleeping alligator, no trend.
USD/CAD: The price has broken the box, we can look for shorts but prudence, as it looks like the "a" move of the wave 4.
NZD/USD: Price has broken the box, the "c" move of the wave 4 becomes a new wave 3 in the opposite direction, we can look for longs.
XAU/USD: It looks like we have a new wave 3 in the opposite direction, we can look for longs.


For orientation/direction of trades, click  "Signals" in the menu (from Monday 19th of October   from 8:00 GMT+1)



forex trading reddit


0 comments:

Post a Comment