Thread: Technical Analysis.
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Market Reaction On eur/usd was exact on 50% fib level. Fib levels are so accurate, i can say this is the best tool we can have to measure market reaction points. It reacted exactly on 1.2242 area and bounced back which was the 50% fib level power.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Eurusd will be trapping between two strong levels which lies in a strong support at 1.2300 and the resistance at 1.2580. Therefore will advice to care of price closing at new york session, thus it will be a good deal to buy bove 1.2307 with a first target at 1.2407 then 1.2555, however we can swing short selling below 1.2580. It can lead for abearish mood.
---------- Post added at 06:29 PM ---------- Previous post was at 05:18 PM ----------
Indicatores are only just following the market and they are not redict the market as manu traders thinks. first tip that indicatores are useless; without a correct and complet strategy. second tip we don't tarde news everdays but sometimes we anticipated news; then news drive the market according to our anticipation. 3r tips sell at top because seller are asking for a high price & buyer are bidding for a low price.
I quite enjoy the technical analysis here so much.Now what about today's technical analysis?For me,I usually trade with USD/JPY,I just think the trend will go downtrend to 78.00 or 78.10 area,which can be a very strong support line.Now I wish I can check about your analysis soon.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Don't be confusion. The pivot point is applying for a day trading, a week or a month. Therefor pivot point is not for swing. Only proffesional traders who noticed that most successful traders are swing traders. On swing trade we don't need a pivot point as well as we don't need the volatility because of large time frame H1 or / and H 4 the volatility is sure very very big than 300.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
if your analysis is corrext then we will follow your analysis daily
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
until today to more quickly understood and used as the basis for some lively trading and profit analysis what should I learn for the first stage and where I can learn it
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
eurusd will find a strong resistance at the level of 1.2580 therefore it will a good deal to short selling below this level of 1.2580.
TP1: 1.2515
TP2: 1.2475
TP3: 1.2405
Stop loss as always must be above the last swing top in case of buying.
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