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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 Forecast with price level
EUR/CAD - pair in focus.
Current Price - 1.5306
main support level - 1.5257
main resistance level - 1.5348
Pair likely to be in Sell today.
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Today this pair of Market trends & technical Analysis justified for me
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
eur/cad
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction
4hour time frame also telling these condtional exprations
Indicator shows market going DOWN and technical Analysis same thing
All technical and fandamantal follow the SELLing trends
Note:Always Follow the making experienced with others having great knowledge about trading
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dear all member of Indian Forum, today I will discuss about my analysis
this pair maybe can move towards to top and continue the bullish trend
current price aur previous price market ke up hony ka ishara de rahe hain. Ye pair buy ka bna huwa he I think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye. resistance and Support points bhi market ke up hony ka ishara de rahe hain. Isliye hum ko buy main trade laga deni chahiyeYe pair sell ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye
Exponential Moving Average (18) : UP
Simple Moving Average (22) : UP
Exponential Moving Average (38) : UP
Exponential Moving Average (65) UP
please avoid using big lot for your trade because this business is very dangerous. forex traders need to develop their own trading strategies and have to trade with the right knowledge and skills, this is a great place to make money and we can make very large amounts of money without limits if we can trade properly knowledge and experience, anything can happen in forex market. good luck to your trading my friend
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hello my dear friends how are you , I hope you will be fine everyday
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
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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time frame support and resistance levels : Daily ,H1 AND H4
indicators: Bollinger Bands and fibbonanci
market trend condition today : Bullish
kal ki upward movement ko market continue kar skta hai kyuki market meh kafi uptrend tha kal or buyer kafi control me the , halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down. price support 1 level par bhi ja sakta hai agar aisa hua to wo upward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai, phir price upward jayega to is time par sell karna chahiye
ye pair abi strong resistance or fibo level zero par hai.agar ye es resistance ko todta hai to ese khridna chahiye. I hope is trade se ham profit earn kar len
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time frame support and resistance levels : Daily ,H1 AND H4
According to the indicators given below :-
Up signal from MACD
Up signal from Parabolic Sar
Up signal from Bollinger Bands
Up signal from RSI
Up Signal from Simple Moving Average
Today in my view that's market analysis and trend : BUY
one advice from me, forex trading is nor gambing, it's a real and very dangerous business. please follow the good money management before open your trade.
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Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time
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market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Bullish
Ichimoku : Bullish
everyone use his strategy by its own opinions. some peoples used fundamental approaches, some people used moving averages and other then used supports and residences,who help him to make his strategy .
I hope you can earn more profit this week
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once in the prediction of several indicators for daily analysis
great day dear all member today because market trend is Upward that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BULLISH TREND
then I recommend you to do the open position BUY with some criteria such as the following. fundamental analysis or technical analysis ko dekhte howey or market me ajj k din ki sport or resistence ko follow karte howey market ki postion main. market ke hisab se ap TP or SL set kr sakte hain umed krta hun ap ko mere analysis se fida ho ga or achi earning bhe ho ge ap logo ko. indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
forex trading is a good way to make money from home, no doubt, but for that you need some special skills as patience is the key in the Forex market. trader must remain calm and calm in the market while losing several trades