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In this environment, when bond yields continue to make new lows, implied volatility is high, and chances that we are going to need to see not just emerging market central banks coming to the party but also the Federal Reserve cutting rates … gold will trade higher,” he said.
A key level to keep an eye on is a $1,635 downside, Weston noted. “Until a price can close below there on a daily basis, we continue to expect higher levels playing through,” he stated.
If gold can remain above $1,635, then the market can continue to build a base and trading can get its bullish momentum back, Weston added, noting that a move above $1,660 could be enough to get gold to $1,689 and then possibly to even $1,700.
“We are still holding that bullish bias in the short term. In fact if we get a move back above $1,660, we would have more confidence that we can make a move back at $1,689 and perhaps into elusive $1,700 level,” he said.
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Today is market going with average position not to be sure that what type of trend is good for us.
So,today trends are on risky position.
We need to wait and and not to take early decissions.
Best of luck.
Thank you.
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Hello..
every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr . Serf vohi log trading kr sakty hain. Jinhain. Market ke kuch
know of . Ya phir 5 to 6 years ka experience. Hamary jasy new comers to bus yahan loss khany he aaty hain...
in pair ke movement bohat fast ha . Or jasy k apko pata ha . . Chances of losses b bohat hain. . So may ap sab se
request krta hon k ap sab log is pair pr Trade krny se pehly Khob isy samj lain itny MACD indicators and technical
analysis ko b samj lain. Vo is liy k apko loss k chances kam ho jain. At the end Good luck for your future.
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Forex Forecast with price level
Cad-Chf - pair in focus.
Current Price - Expected to be in Sell
main support level too low
main resistance level is near
Pair likely to be in Sell today.
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Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading
krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta
hai yeh pair ,
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Dear friends
Forex is the best earning website if we knolldge of forex tradeing system we make there good and huge profit .
I advise you forex trade use only
RSI
And
Zigzag indicater
There you stop if u loss trade then stop if u make profit then u stop trade and take profit .
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Pivot, Resistance Levels and Support Levels for CAD / CHF
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 0.740
Resistance Level (R2): 0.738
Resistance Level (R1): 0.735
Pivot Point: 0.733
Support Level (S1): 0.730
Support Level (S2): 0.728
Support Level (S3): 0.725
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Forex is like a highway road. If you not ride on bus, then another is coming. If you try to ride in hurry. They you face consequences. Most of newbie traders fail because they do not have the patience required for the forex trading. You make trades every time, 24 hours a day and 5 days a week. If you have not patience. They your trader every. Face big losses and ruin your account. Every strategy required patience. We do not trade on market movements. We trade on the base of strategy. After strategy have some certain rules, before executing the trade, all the rules must be fulfilled before executing your trade. Some traders try every high to sell and low the buy. This lead to big failure. I only trade three hours a day. I wait another day to again trading. I never trade more than three hours a day. I wait the for the good entries. Some day, I do not open any trade.
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Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
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Forex is like a highway road. If you not ride on bus, then another is coming. If you try to ride in hurry. They you face consequences. Most of newbie traders fail because they do not have the patience required for the forex trading. You make trades every time, 24 hours a day and 5 days a week. If you have not patience. They your trader every. Face big losses and ruin your account. Every strategy required patience. We do not trade on market movements. We trade on the base of strategy. After strategy have some certain rules, before executing the trade, all the rules must be fulfilled before executing your trade. Some traders try every high to sell and low the buy. This lead to big failure. I only trade three hours a day. I wait another day to again trading. I never trade more than three hours a day. I wait the for the good entries. Some day, I do not open any trade.
