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sift through the mud. Then again, who would determine the star rating? Wouldn't he be the person to ultimately listen to?
After reading several articles on the current Forex market situation, among several well known Forex web sites, you will discover that the market today is a great place to sell because we have not yet sufficiently tested the lows. You will also find that the market today is a great place to buy because the lows have held and are showing great support in this range.
Do some research. There are Forex trading groups all around the Internet. With a little research, you can find out which are the most successful and some even have mentoring programs. Don't stay married to any particular group. If it isn't working out for you, move to something else. Eventually, you'll find yourself in a comfortable group with people you can interact with, share ideas (both similar and contrary), and it will give you more confidence when you're trading. The Forex broker you use may have suggestions as to where you can find appropriate groups, or may even have groups available through their website.
When it comes down to it, the person placing the order is going to be you, and you'll have to take full responsibility for the success or the lack of success, of the trade. But in a Forex market like the present one, where there are many mixed signals out there, it's nice to know you don't have to go it alone. It's just an opinion, after all. But an educated opinion, with a successful track record, is worth so much more than a flip of this.
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British pound / canadian dollar
gbpcad
1.64193
cad
+0.00101 (+0.06%)
market open (oct 07 00:55 utc-4)
1.64092
prev
1.64045
open
33.117k
volume
1.63973 — 1.64239
day's range
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Gbp/Cad Analysis:
Trend; Bearish
Moving Average: Sell
Pivot Point --> 1.6420
Support 2 --> 1.6422
Support 2 --> 1.6408
Support 3 --> 1.6385
Resistance 1 --> 1.6427
Resistance 2 --> 1.6443
Resistance 3 --> 1.6474
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my views on market trends.
today this views after watching market carefuly.
bollinger bands is base on SELL.
Bulls power is moving on sell indicates.
moving average of this pair is totaly base on: SELL
my openions of this pair is:SELL
Alligator also telling selling signals.
Parabolic seccion is on : SELLing
can you agree this agreements.
if we follow these values and trend hope we have make good profit today.
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Gbp/Cad trend is bullish
1) Resistance 1.6447
2) Resistance 1.6473
3) Resistance 1.6505
1) Supporting 1.6391
2) Supporting 1.6367
3) Supporting 1.6331
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Today Market Trend is : BEARISH
Is time ke prize ye chal rhe he 1.6406
Resistance Level are:-
1> Resistance Level is : 1.6426
2> Resistance Level is : 1.6446
3> Resistance Level is : 1.6466
Supporting Level are:-
1> Supporting Level is : 1.6386
2> Supporting Level is : 1.6366
3> Supporting Level is : 1.6346
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GBPCAD Trend is buy
1 Resistance :1.6107
2 Resistance :1.6015
3 Resistance :1.5923
1 Supporting :1.5811
2 Supporting :1.5769
3 Supporting :1.5632
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High 1.7513 Low 1.7448
order is made if the price approaching 1.7530 and 1.7450 to buy, so when the price falls to 1.7450 figure we'll be able to produce a good market direction,, our minimum order takeprofit 25 points
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the pair price already touched daily support 1 level (1.7380) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1.7460).
so buy now from 1.7401
the pivot point will be my target
stop loss will be down the support 1 level (1.7380)
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Gbp/cad
nasdaq:gbp/lse:cad
21.93
d
usd
0.00 (+0.01%)
market closed (oct 04 17:12 utc-4)
21.93
prev
22.48
open
n/a
volume
21.93 — 22.89