Printable View
Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.
completely understand the essence of support and resistance trading strategy you should firstly know what a horizontal level is. Actually, it is a price level indicating either a support or resistance in the market. The support and resistance in technical analysis are the terms for price lows and highs respectively. The term support indicates the area on the chart where the buying interest is significantly strong and surpasses the selling pressure. It is usually marked by previous troughs. Resistance level,contrary to the support level, represents an area on the chart where sell- ing interest overcomes buying pressure. It is usually marked by previous peaks.
In case this is not so, for instance, if the support level comes down to the previous trough, it may signify that the uptrend is coming to the end or at least it is turning into a sideways trend. It is likely that trend reversal from up to down will occur. The opposite situation takes place in a downtrend; the failure of each support level to move lower than the previous trough may again signal changes in the existing trend.
Nzdjpy
new zealand dollar / japanese yen
69.565
jpy
+0.108 (+0.16%)
market open (feb 27 12:44 utc-5)
69.457
prev
69.457
open
263.777k
volume
69.167 — 69.740
day's range
nzd.jpy
Resistance UP ^
pivot point # 71.20
1#Resistance 71.34
2# Resistance 71.50
3# Resistance 71.67
Support DOWN V
1# Support 70.94
2# Support 70.84
3# Support 70.75
kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.
I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
Good Morning Every one how are you all people?. 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.Greed say jinta ho door rahen.
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.
Dear i.forex members
NZD.JPY
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
While technical analysis is focused on the study and past performance of market action, Forex
fundamental analysis concentrates on the fundamental reasons that make an impact on the market
direction.
The premise of Forex fundamental analysis is that macroeconomic indicators like economic growth
rates, interest and unemployment rates, inflation, or important political issues can have an impact on
financial markets and, therefore, can be used for making trading decisions.
The reason why fundamental analysts use so long timeframe is the following: the data they study
are generated much more slowly than the price and volume data used by technical analysts.
Forex Trading Strategy Based on Fundamental Analysis
Technicians do not find it necessary to know the reasons of market changes, but fundamentalists try to discover “why”. The latter analyze macroeconomic data of a specific country or
different countries to forecast the given country’s currency behaviour in the nearest future.
Based on certain events or calculations, they may decide to buy the currency in the hope that
the latter will rise in value and they will be able to sell it at a higher price, or they will sell the
currency to buy it later at a lower price.
Nzd/jpy
Ichimoku trends giving selling signals.
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest 3rd resistance of this pair today will be going :71.30
i think best time to enter sell trade at 71.28 with tp at 69.00 with narrow stop loss of 71.44.
Pair: nzd/jpy
Today indicators shown bearish short terms trend.
Pivot Point :71.10
Supporting Levels:
Support 1: 66.78
Support 2: 68.13
Support 3: 67.18
TREND: BULLISH
Resistance Levels:
Resistance 1: 71.23
Resistance 2: 71.34
Resistance 3: 71.40
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.