Technical Analysis.

[oracle]

Technical Analysis
EUR/USD
June 28, 2011.

Pivot Point: 1.4227

As expected, the EUR/USD couldn't break the major support level at 1.4100 for that the pair has rebounded on its support, it might resuming to 1.4400. With a 1.4415 minor resistance if won't break it easily then will know a range day between 1.4415 and 14215.

R3 1.4542
R2 1.4418
R1 1.4351
PP 1.4227
S1 1.4160
S2 1.4036
S3 1.3969

Signals:

1. Below 1.4415 look for further downside with 1.4300 and 1.4230 targets.
2. Buy positions above 1.4415 with target 1.4502.

[oracle]

Technical Analysis and Trading Recommendations
EUR/USD
June 27, 2011.

Expertise: Fundamental and Technical Analysis
Average Time Frame of Trades: 2 days to 5 days.



Pivot Point: 1.4212

The EUR/USD's subsequent sharp fall suggests that decline from 1.4430 and close at 1.4189. On the downside this week should break level of 1.4100 as a major Support.
Therefore, EUR/USD should be resuming the set of impulsive fall to 1.4040 as first target and continue towards 1.3980.
The best location for placing stop loss, if break in 1.4252 and close up the moving average (200).



Recommendations:

It will be a good sign to sell at 1.4215 with a first target of 1.4115 and continue towards 1.4000 for a week. Meanwhile it should care
of level 1.4252 since if it breaks, it will be a good sign to buy, it might resuming to 1.4400.

[oracle]

Welcome everybody.

Will start putting first article after 00:01 (June 27, 2011)


@denira

About breakout strategy: it's one of the best strategy had ever seen, but it so difficult and too complex. (Most important to find the trend power from Y = aX + b)

Breakout1 – Waits for a slowdown in volatility and then trades in the direction of the
subsequent breakout. It is very short-term in nature, uses fixed stop losses and profit
targets, and works best in fast-moving markets.



Breakout2 – A breakout strategy that looks to go long when a currency pair breaks above
its 24-hour trading range, short on a break below. Unlike a raw channel breakout strategy,

however, Breakout2 uses an SSI trend filter to confirm whether or not price is likely
to continue in the direction of the breakout. It opens a trade with five units
and staggers entries and exits according to a pair’s Average True Range.


Use Fibonacci in a RANGE trader (it is looks like the trend is falpping going up and down, if you sell or buy for a long term in this period you'll go sure for losing money.

Fibonacci retracement uses to determine accurate psychology level of support and resistance, and playing according to in this kind of period.

About Probabilities: There are alot of calculate to forecast, will be able to see some examples in the future.

[denira]

Good morning,

In this post, will share some Technical Analysis and Signals daily.


TECHNICAL ASPECT

Numerical analysis: Probabilities, equations/Formulas and techniques of applying Fibonacci levels.
Classical analysis: Breakout startegy and trend indicators.

I wanted to ask you that to do this technical analysis indicator of what you used to know the probabilities and the breakout is simply using fibonaci level or are there other indicators?

[mayengbam]

Good morning,

In this post, will share some Technical Analysis and Signals daily.


TECHNICAL ASPECT

Numerical analysis: Probabilities, equations/Formulas and techniques of applying Fibonacci levels.
Classical analysis: Breakout startegy and trend indicators.

When will you start sharing your analysis, i would love to try your analysis, so waiting for your next post.

[soumen]

Welcome to indian forum @oracle bro. If your tecnical analysis are welcome. if your analysis is correct then we will follow your analysis daily. i hope you give us good signal.

[oracle]

Good morning,

In this post, will share some Technical Analysis and Signals daily.


TECHNICAL ASPECT

Numerical analysis: Probabilities, equations/Formulas and techniques of applying Fibonacci levels.
Classical analysis: Breakout startegy and trend indicators.