Weekly Trading Forecasts on Major Pairs by analyst75

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (November 27 – December 1, 2017)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This pair went upwards last week, after moving sideways on Monday and Tuesday. Price gained 210 pips, closing above the support line at 1.1900 and targeting the resistance line at 1.1950. Then another resistance level at 2.0000 (a psychological line) would be reached and possibly broken to the upside in December, as price goes further upwards. The outlook on EUR pairs is bullish for December   

 

USDCHF

Dominant bias: Bearish

The market has come down by 220 pips in November 2017 – going downwards by 100 pips this week alone. There is a huge Bearish Confirmation Pattern in the market, which means price could continue going southwards, reaching the support levels at 0.9750, 0.9700 and 0.9650. These targets ought to be reached within the next several trading days, for there cannot be a meaningful rally in the market as long as EURUSD is strong.

 

GBPUSD

Dominant bias: Bullish

There is a bullish signal on GBPUSD, which has come about as a result of desperate effort by bulls, to price upward against bearish forces in the market. There is a possibility that price could reach the distribution territories at 1.3350, 1.3400 and 1.3450 this week (and in December). However, price would eventually fall seriously in December because the outlook on GBP pairs is strongly bearish for that month. Long trades may not make much sense on GBP pairs in December.  

USDJPY

Dominant bias: Bearish

This trading instrument has lost about 300 pips in November, after testing the supply level at 114.50 on November 6. The market may continue going downwards, reaching the demand levels at 111.00, 110.50 and 110.00 (providing that the selling pressure is great in the market). However, things would eventually turn bullish this week, for the outlook on JPY pairs is bullish for the week. There would be a bullish reversal that would end up generating a “buy” signal.  

 

EURJPY

Dominant bias: Bullish    

This cross is bullish in the short-term and neutral in the long-term. The cross went sideways on November 20 – 23. Since bullish movements are anticipated on JPY pairs this week, it is interesting that EURJPY has already started the journey. Price managed to close above the demand zone at 133.00 on Friday, and would gain another 200 pips before the end of the week. Once the supply level at 134.00 is breached to the upside, the bias on the market would also become bullish in the long-term.

 

GBPJPY

Dominant bias: Neutral

GBPJPY is not an attractive market at the present. It has been consolidating for the past several weeks, and the consolidation would continue until there is a sustained breakout in the market. The most likely direction this week (and probably in December), would be northwards. The bias on the market would turn bullish once price goes above the supply zone at 150.00, which would not be an easy goal to achieve, since GBP would sometimes become weak in itself.

 

This forecast is concluded with the quote below:

 

“Think of patience as a primary part of your trading strategy. Don't assign it a secondary or lesser role, elevate it on the list of what you consider important. And don't be put off by it when it doesn't seem to be working — it's working.” – Andy Jordan

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (December 4 - 8, 2017)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

The bullish bias on EURUSD was challenged last week, as price was pulled towards the support line at 1.1800. However, bulls managed to push price upwards, thus saving the bullish bias. Price is currently close to the resistance line at 1.1900, and it is bent on breaching it to the upside as soon as possible. The resistance line at 1.2000 is the ultimate target; although bulls would meet a fierce opposition at the resistance line.

 

USDCHF

Dominant bias: Bearish

From Monday to Wednesday, this pair went upwards in the context of a downtrend, testing the price level at 0.9850, going above it briefly and then coming downwards to move below it. USDCHF cannot have a meaningful rally as long as EURUSD is able to showcase its stamina. The rally that took place in the first few days of last week has proven to be a good opportunity to sell short at a better price, as price plummeted on Friday, putting more emphasis on the ongoing bearish outlook. Further bearish movement is expected this week.

 

GBPUSD

Dominant bias: Bullish

The persistent bullish effort on Cable - against all odds – has already paid off. The bullish upwards movement in the market has been slow, gradual, and steady. Since November 14, price has gained more than 400 pips, roughly testing the distribution territory at 1.3549. Although price has retraced lower since then, that is just a temporary thing, it would go upwards again, targeting the distribution territories at 1.3500, 1.3550 and 1.3600.  

USDJPY

Dominant bias: Bearish

After testing the supply level at 114.50, this trading instrument went downwards by 340 pips in November, creating a Bearish Confirmation Pattern in the market. However, the rally that took placed almost throughout last week nearly posed a threat to the bearishness in the market. The reneging rally met a challenge on Friday and the market pulled back considerably. This week, price could possible reach the demand levels at 112.00 and 111.50. But that does not completely rule out the possibility of some rally.   

 

EURJPY

Dominant bias: Bullish    

This cross is quite choppy, showing some indecision in the long-term, and showing some bullishness in the short-term. The market went downwards on November 27 and 28, and then started going upwards on November 29 (after testing the demand zone at (132.00). The market reached the supply zone at 134.00 and then closed just below the supply zone at 133.50. It is thus possible for the supply zones at 133.50, 134.00 and 134.50 to be reached this week. As long as the demand zone at 131.50 is not breached to the downside, this short-term bullish bias cannot be rendered invalid.  

 

GBPJPY

Dominant bias: Bullish

GBPJPY rallied massively last week, putting an end to the recent indecision that had held out for weeks. From the demand level at 147.00, price shot skywards by 540 pips, before the slight bearish retracement that was witnessed on December 1. This week, bulls would be able to push price further upwards. The targets are the supply zones at 151.50, 152.00 and 152.50 would easily be reached, enabling the ongoing bullish bias to become stronger.  

 

This forecast is concluded with the quote below:

 

“Learning the business of trading is basically no different from learning any other business. Winning means learning major guidelines and concepts that you repeat so often in your own behavior that they become good habits. These good habits then become automatic behavior patterns, which are formed as brain pathways by the rewards you get for trading well...” – Joe Ross

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (December 11 - 15, 2017)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bearish

The market is bearish in the short-term, for price went southwards throughout last week, moving briefly below the support line at 1.1750 and then closing above that support line on Friday. Other support lines at 1.1700 and 1.1650 could be tested this week, provided there is a serious selling pressure in the market. There are resistance lines at 1.1850, 1.1900 and 1.1950, which should impede serious rallies.

 

USDCHF

Dominant bias: Bullish

This pair is bullish in the short-term, as it went northwards throughout last week, moving briefly above the resistance level at 0.9950 and then closing below that resistance level on Friday. Other resistance levels at 1.0000 and 1.0050 could be tested this week, provided there is a serious buying pressure in the market. There is also a strong possibility that the pair would plummet seriously before the end of this week, owing to a possible display of stamina in CHF. Most major currencies would drop against CHF this week (and USD possibly included).

 

GBPUSD

Dominant bias: Bullish

The bias on the Cable is bullish, but the bias is very weak, owing to some bearish attempt to pull down the price last week. A movement below the accumulation territory at 1.3250 would result in a bearish signal being generated, while a movement above the distribution territory at 1.3550 would result in putting more emphasis on the recent bullish signal. One of these scenarios would materialize this week.

 

USDJPY

Dominant bias: Bullish  

From Monday to Wednesday, USDJPY went downwards; but it started moving upwards on that very Wednesday, to gain 150 pips, and to test the supply level at 113.50 by Friday (closing around that supply level). This has resulted in a Bullish Confirmation Pattern in the market, which means price would break the supply level at 113.50 to the upside, as it targets other supply levels at 114.00 and 114.50.    

 

EURJPY

Dominant bias: Neutral     

This trading instrument is quite choppy and completely neutral. There are wild upswings and downswings in the market as it is completely directionless. The current market condition would continue for some more days until price is able to stay above the supply zone at 134.50, or below the demand zone at 131.50. This is a condition that requires a high volatility and a perpetual movement in one direction. The condition would be met before the end of this month.

 

GBPJPY

Dominant bias: Bullish

The outlook on this cross is bullish. From November 4 to 6, the cross went downwards, and then rallied. The rally has saved the ongoing bullish outlook on the market, despite the bearish correction that took place on November 8 (which might turn out to be an opportunity to buy long at a better price). This week, price would go upwards again, reaching the supply zones at 152.00, 152.50 and 153.00.   

 

This forecast is concluded with the quote below:

 

“Sometimes I wonder what would have happened if I hadn’t learned how to trade. What future would have been blocked off?” – Louise Bedford

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (December 18 - 22, 2017)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Neutral

This pair is bearish in the short-term, and neutral in the long-term. Price has gradually come down since November 27, and it is now around the support line at 1.1750, and it may go lower to test other support lines at 1.1700 and 1.1650 this week. There would be some selling pressure on the market, which could hold throughout December. A meaningful rally would be somewhat difficult.

 

USDCHF

Dominant bias: Bearish

Although USDCHF is bearish in the short-term (and neutral in the long-term), it is likely that price would go upwards, moving above the resistance levels at 0.9950 and 1.0000, and therefore erasing the short-term bearishness. This pair would be able to enjoy some form of bullishness as long as EURUSD is under selling pressure, and this is a situation that may hold out for most part of December.

 

GBPUSD

Dominant bias: Bearish

The Cable is also slightly bearish in the short-term, but neutral in the long-term. A movement towards the accumulation territories at 1.3300 and 1.3250 would help strengthen the extant short-term bearishness; while a movement above the distribution territories at 1.3450 and 1.3500 would halt the bearishness. It is possible for the overall neutrality to end when the market assumes a protracted directional movement.

 

USDJPY

Dominant bias: Neutral

The market went sideways on Monday and Tuesday, and then began to come down on Wednesday. If price had not closed above the demand level at 112.50, there would have been a “sell” signal in the short-term. The neutrality in the market is vivid, and will end once price goes above the supply level at 114.00; or it goes below the demand level at 111.50. This condition may not be fulfilled again this month, because the kind of volatility that would bring this about may not happen this month.     

 

EURJPY

Dominant bias: Neutral     

EURJPY is currently a good example of a consolidating market. The consolidation has been in place since September 2017, and that is the how the situation would be until year 2017 is over. However, there are short-term signals that are brought about by temporary upswings and downswings in the market, which give excellent opportunities to buy dips and sell rallies as price oscillates along the way.

 

GBPJPY

Dominant bias: Bearish

This cross is bearish in the short-term (but neutral in the long-term). Price went downwards by more than 200 pips, creating a Bearish Confirmation Pattern in the market. The bearish movement is expected to continue as price targets the demand zones at 149.50, 149.00 and 148.50, which would be reached this week or next. There could be rallies along the way, but they are not expected to bring about a bullish bias.

 

This forecast is concluded with the quote below:

 

“When it comes to trading in the trend, you do not always have to be first, but you do not want to be wrong.” - Brandon Wendell

 

 

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (December 25 - 29, 2017)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This pair is bullish in the short-term, but neutral in the long-term. Price rose from the support line at 1.1750 and tested the resistance line at 1.1900 (a movement of 150 pips). However, price closed below the resistance line on Friday. Bulls might still be able to sustain the short-term bullishness in the market, till the end of the year. The support line at 1.1750 would resist a bearish bias from forming this week.

 

USDCHF

Dominant bias: Neutral

This trading instrument did not make any significant movement last week, neither is it expected to make any significant movement this week (because volatility would thin out). Price is thus expected to oscillate between the resistance level at 0.9950 and support level at 0.9800 within the next several trading days. However, a breakout will occur early January, which would result in a directional bias, ending this current neutrality in the market.

 

 

GBPUSD

Dominant bias: Neutral

The GBPUSD consolidated throughout last week, forming no directional movement. The price has generally swung between the distribution territory at 1.3450 and the accumulation territory at 1.3300. Generally the current neutrality will exist as long as price swings between the distribution territory at 1.3500 and the accumulation territory at 1.3250. Such is the condition that will exist for the rest of this year.

 

USDJPY

Dominant bias: Bullish

There is a short-term bullish bias on the USDJPY, but it is not strong.  Price gained 100 pips last week, from the demand level at 112.50 to the supply level at 113.50. After the supply level at 113.50 was tested, price retraced towards the southwards, but that is not a threat to current short-term bias. This week, a big price swing is not expected unless an unexpected fundamental figure comes out from the blue.

 

EURJPY

Dominant bias: Bullish    

There is a Bullish Confirmation Pattern in the market. Here, price rose up more than 200 pips (from the demand zone at 132.50 to the supply zone at 134.50). The supply zone at 134.50 was briefly surmounted before price went below it on December 22. The bullish bias is anticipated to hold out for the rest of the year, in spite of any bearish attempts along the way. The demand zones at 133.50, 133.00 and 132.50 would impede bearish pulls in the market.

 

GBPJPY

Dominant bias: Bullish

The GBPJPY cross rose upwards last week, and then started to consolidate on Thursday (till the end of the week). Further sideways movement in the market, especially for a few more trading days, would result in a neutral bias. A movement to the upside (towards the supply zone at 152.50) would help strengthen the current bullish bias; and a strong movement to the downside (towards the demand zone at 149.50) would erase the bullish bias.

 

This forecast is concluded with the quote below:

 

“One of my first jobs was at a bank working in credit risk management, and it was there that I discovered my love for financial markets and trading in general. I’ve always loved strategy games and for me, trading is the ultimate way to formulate real strategy. If a trade works well for you, you get a reward…” - Andrés Padrones 

 

 

Source: www.tallinex.com

 

 

[Guest andengireng]

 

EURUSD today, as we see here, EURUSD was bouncing in resistance area, so you better get ready to open buy position when market open next week. You can buy it at 1.19541 and take profit at 1.20104. Don't foreget to always use your money management.

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (January 1 – 5, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

There is a Bullish Confirmation Pattern on the market. Price went upwards by 170 pips last week, almost managing to close barely above the support line at 1.2000. While there could be further bullish effort this week, it is not may not take price above the resistance line at 1.2100, because the outlook on the market is strongly bearish for this week, and mostly bearish for January as whole. Therefore, the days on the current bullish bias are numbered.  

 

USDCHF

Dominant bias: Bearish

This trading instrument was vividly engaged in a bearish movement last week, thus ending the short-term equilibrium phase that occurred around the middle of December. The market dipped by 160 pips last week, closing below the resistance level at 0.9750. Further bearish movement is expected this week, which could take price towards the support levels at 0.9700 and 0.9650. USD would try to amass some stamina sometimes this week, but that would not make a significant bullish difference (until EURUSD dips), because CHF itself would become strong versus many major currencies this month, and USD included. 

 

GBPUSD

Dominant bias: Bullish  

This pair, which was mostly moving sideways in December, managed to start a bullish movement last week. A close above the accumulation territory at 1.3500 means the sideways phase is temporarily over. The bullish bias would hold out only as long as price is able to stay above the accumulation territory at 1.3450. There would be strong movements on this pair, as well as other GBP pairs, in January, and most of the movements would be bearish.

 

USDJPY

Dominant bias: Bearish

USDJPY is bearish in the short-term, and neutral in the long-term. Price consolidated on Monday and Tuesday, dropped on Wednesday, and maintained the drop till end of the week. This is what has created the short-term bearishness in the market. Since the outlook on JPY pairs is somewhat bearish for this week, it is expected that the bearish movement would continue, thus targeting the demand levels at 112.50 and 112.00.

 

EURJPY

Dominant bias: Bullish    

Unlike what USDJPY did, EURJPY managed to go upwards last week, breaching the demand zone at 135.00 and testing the supply zone at 135.50, before closing below it. One factor responsible for this is the stamina on EUR, and there is a possibility that price would be able to go above the supply level at 135.50 (even reaching another supply zone at 136.00 and moving above it as well). However, risk of a large bearish run exists, since the outlook on most JPY pairs is bearish for the week.

 

GBPJPY

Dominant bias: Bullish

This cross has been able to sustain the “buy” signal it generated in the middle of December. The upwards movement is slow and gradual, and it may survive as price gains another 100 pips this week. Nonetheless, there is a possibility of a bearish movement starting before the end of the week – or sometimes this month - for GBP could become week. Additional factor is also a possible strengthening of Yen.  

 

This forecast is concluded with the quote below:

 

“If traders cannot accept the losses that go with the trading, they do not deserve the profits. Failure is the greatest teacher only when a student is prepared to learn. If the student has forgotten previous lessons, or the dog ate his homework, he is not ready. A positive attitude has positive expectations of future events and normally precedes the success it creates.” – Andy Jordan

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (January 8 - 12, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

The market essentially consolidated throughout last week – in the context of an uptrend.  Although price did not go seriously upwards or downwards last week, that stance is going to change this week (for price would assume a directional movement). It is much more likely that price would continue going upwards, owing to bullish expectations on EUR pairs. So at least 150 pips may be gained this week.   

 

USDCHF

Dominant bias: Bearish

This pair was caught in an equilibrium movement last week (although the overall bias on the market is bearish). Unlike the equilibrium phase of last week, there is going to be a strong breakout this week, which would, nonetheless, respect the ongoing bearish bias. This is because there would be selling pressures on USDCHF, except EURUSD drops sharply. At least, a southwards movement of 100 pips is expected from here, reaching the support levels at 0.9700 and 0.9650. 

 

GBPUSD

Dominant bias: Bullish  

This trading instrument went upwards last week, to test the distribution territory at 1.3600, before dropping lower. So far, the drop has been shallow and that has not overridden the bullish bias on the market, unless the accumulation territory at 1.3400 is breached to the downside, which would require a heavy selling pressure. The distribution territory at 1.3600 could be tested again. It could even be breached to the upside.  

 

USDJPY

Dominant bias: Bullish

Last week, USDJPY rejected further bearish effort as it went upwards by 110 pips, thereby generating a short-term “buy” signal. Price managed to close above the demand level at 113.00 on Friday, thus making further northwards movement a possibility. This means the supply levels at 113.50 and 114.00 could be reached this week. Nevertheless, there is a present risk of a large pullback on JPY pairs.  

 

EURJPY

Dominant bias: Bullish    

This cross went upwards last week, reached the supply zone at 136.50 and ended the week in a bearish correction. Since December 15, 2017, price has gained over 400 pips; plus it would be somewhat difficult for a lasting bearish movement to occur in the market, as long EUR is strong. The targets for this week are located at the supply zones of 136.50, 137.00 and 137.50.  There are demand zones at 135.00 and 134.50.

 

GBPJPY

Dominant bias: Bullish

GBPJPY experienced a strong bullish movement last week, moving from the demand zone at 152.00, to reach the supply zone at 153.50. It is possible that price would gain another 200 pips this week, as price goes further northwards. However, the more the market goes upwards, the more the chances of a bearish correction, which may be significant enough to challenge the ongoing bullish outlook. That is expected to happen anytime this month.   

 

This forecast is concluded with the quote below:

 

“…We need a strategy that produces profits on a consistent basis, the self-discipline that executes that strategy and the focus to achieve our goals.” - Gabe Velazquez  

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (January 15 - 19, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

The market was bearish from Monday to Wednesday, and then began to make some bullish effort, which eventually paid for. From the middle of last week, price rose by 270 pips, to test the resistance line at 1.2200. That resistance line remains under siege, for it would easily be breached to the upside this week, as price gain at least, another 150 pips. The outlook on EUR pairs remains bullish.    

 

USDCHF

Dominant bias: Bearish

This pair made some weak bullish effort from January 8 to 10, almost reaching the resistance level at 0.9850. However, further bullish attempt was rejected as a bearish movement was assumed, which ended up generating a bearish signal in the market. From the high of last week, price dropped by 170 pips, closing below the resistance level at 0.9700 on Friday. The outlook on USDCHF is bearish for this week, for the market would face attacks from two fronts: CHF would gain some stamina, and a strong EURUSD would help ensure continuous bearish pressure on USDCHF.

 

GBPUSD

Dominant bias: Bullish  

The bullish breakout that was witnessed in this market has ended the protracted consolidation in the market, which had held out for several weeks (save the bullish attempt that occurred in the last week of December 2017). GBPUSD moved upwards by 200 pips on Friday alone, and since GBP pairs would be somewhat bullish this week, it is logical to expect the bullish movement to continue, reaching the distribution territory at 1.3750 and 1.3800.  

 

USDJPY

Dominant bias: Bearish

USDJPY went south by 214 last week, making several unsuccessful attempts to break the demand level at 111.00 to the downside. There is a Bearish Confirmation Pattern in the chart, which supports a bearish outlook on the market. That means the demand level at 111.00 would be breached to the downside, as price journeys further southwards to towards the demand levels at 110.50, 110.00, and 109.50.  

 

EURJPY

Dominant bias: Neutral    

Although the market was mostly bullish within the last 4 weeks, the bullishness was challenged last week as price dropped 320 pips from Monday to Wednesday. Nonetheless, the upwards bounce that was seen in the market on Thursday and Friday was strong enough to challenge its short-term bearishness. Only a movement of 100 pips to the upside would result in a strong “buy” signal; whereas a movement to the south, even by 150 pips, would help put more emphasis on the recent bearishness in the market. Until one of these directional movement happens, the bias on the market would remain somehow neutral.

 

GBPJPY

Dominant bias: Bullish

This cross dropped 310 pips from Monday to Wednesday, consolidated on Thursday, and bounced upwards on Friday. Generally, the bias on the market is bullish: The pullback that happened in the first few days of last week appears to be offering an opportunity to buy long at better prices. Thus, the supply zones at 152.50, 153,00 and 153.50 would be targeted this week.   

 

This forecast is concluded with the quote below:

 

 

“Trading is a simple profession since it can be summed up in three ideas. If it is trending up over the time frame you are trading you buy it. If it trending down over the time frame you are trading you sell it. Don’t bet the farm. It is hardly rocket science yet despite this our very nature more often than not defeats us despite the evidence that it shouldn’t.” – Chris Tate

 

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (January 22 - 26, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This pair consolidated throughout last week, moving between the resistance line at 1.2300 and the support line at 1.2150. The resistance line at 1.2300 was tested unsuccessfully, and it is unlikely that price would stay above it, even if it tested again. There is going to be a directional movement this week, which would most probably favor bears, for the outlook on EUR pairs is bearish for the week.

 

USDCHF

Dominant bias: Bearish

USDCHF went further southwards last week, testing the demand level at 0.9550, prior to the upwards bounce that occurred on Friday. Because of the expected weakness in EURUSD, it is unlikely that price would be able to go below the support level at 0.9550. Rather, price could continue going upwards, reaching the resistance levels at 0.9650, 0.9700 and 0.9750 within the next several trading days.

 

GBPUSD

Dominant bias: Bullish  

GBPUSD went upwards last week, having gained roughly 400 pips since January 11. The market moved above the distribution territory at 1.3900 and later closed below it on Friday. There is currently a bullish bias on the market, which would be overturned once price goes below the accumulation territories at 1.3500 and 1.3450 (which would require a very strong selling pressure). The outlook on GBP pairs is bearish for this week.

 

USDJPY

Dominant bias: Bearish

This trading instrument is in a bearish mode. The shallow rally that was in the middle of last week, turned out to be a nice opportunity to go short. It is much more likely that price would continue going southwards this week, because there could be some weakness in USD. The demand levels at 110.50, 110.00 and 109.50 could be reached. On the other hand, a rally can meet some adamant impediment around the supply levels at 111.50 and 112.00.

 

EURJPY

Dominant bias: Bullish    

The cross is bullish but it is quite choppy in the short-term. Should the demand zone at 134.00 get breached to the downside, the bias would turn bearish. In case price is able to go above the supply zone at 136.50, the next target would be another supply zone at 137.00 (and the recent bullish bias would become stronger). A movement to the upside is more likely, owing to a bullish outlook on some JPY pairs.  

 

GBPJPY

Dominant bias: Bullish

Despite the bearish movement that happened between January 8 and 11, this cross has been able to go upwards in a noteworthy manner last week. Between Monday and Thursday, price moved upwards by 250 pips, and then got corrected on Friday. This week, further bullish movement may enable price to reach the supply zones at 154.00, 154.50 and 155.00. There could be additional bearish corrections along the way; but they should be temporary, posing no significant threat to the bullishness in the market.

 

This forecast is concluded with the quote below:

 

 

“And remember, having a working business plan will put you in the elite company of the top traders that are already living their promise.” – Dr. Van Tharp  

 

Source: www.tallinex.com

 

 

[Guest andengireng]

 

AUDNZD today January 24, 2018 is make a small movement, so it is your time to make buy position at 1.08641 and don't forget to put your take profit point at 1.09282 at resistance area.

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (January 29 – February 2, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This week, EURUSD assumed one of its strongest movements in recent times. Since December 18, 2017, price has gained 800 pips. It gained almost 600 pips in January 2108, and over 300 pips last week, almost reaching the resistance line at 1.2550 (and pulling backwards). The market may go further upwards, reaching the resistance lines at 1.2550 and 1.3000, but it would eventually start coming down before the end of this week. The outlook on EUR pairs is bearish for this week.

 

USDCHF

Dominant bias: Bearish

Since November 2, 2017, this pair has lost more than 700 pips; whereas its most serious bearish movements within the past several months occurred in January 2018. Last week witnessed the strongest bearish movement, as price went south by 300 pips, testing the support level at 0.9300 and closing below the resistance level at 0.9350. Since the outlook on USD is bearish for this week and for February; and since the outlook on CHF is bright (bullish) for February, it is expected that USDCHF would remain under bearish pressures. Only a strong bearish movement on EURUSD can cause some rally on USDCHF, which may even be weaker than normal.

 

GBPUSD

Dominant bias: Bullish  

Last week price went upwards by 480 pips before the bearish correction that is currently in place.  The distribution territory at 1.4350 was almost reached, before price pulled backwards. A strong bullish pressure is needed before the distribution territory at 1.4350 can be tested again, and breached to the upside. Nevertheless the 170-pip pullback that took place on Thursday and Friday, may harbinger a protracted bearish movement, because the outlook on GBP pair is bearish for this week and for February. Strong movement would be witnessed again on GBP pairs.

 

USDJPY

Dominant bias: Bearish

The trend in the market is bearish – especially in January. Since the beginning of the year, price has come down by 420 pips, leading to a huge Bearish Confirmation Pattern in the market. Last week witnessed a movement of 240 pips, as price closed around the demand level at 108.50 on Monday. Further bearish movement may help price test the demand levels at 108.00 and 107.50. There could be instances of rally attempts this week, but they may be insignificant, owing to the weakness of USD.

 

EURJPY

Dominant bias: Neutral    

It is a surprise that EURJPY cross only went sideways last week, while most majors trended significantly. This is a sideways (neutral) market, which oscillates between the supply zone at 136.50 and the demand zone at 135.00 (though the demand zone at 135.00 was breached on Friday).  Further sideways movement is possible, but there will eventually be a breakout in the market, which would favor bulls.

 

GBPJPY

Dominant bias: Bullish

This is a volatile market. It has moved significantly upwards since January 11. However, there was a noteworthy pullback on January 25 and 26. Further pullback is possible, but may be contained at the demand zones of 153.00 and 152.00. Eventually, the recent bullish trend will continue because the outlook on certain JPY pairs is bullish for February, and GBPJPY is also included.

 

This forecast is concluded with the quote below:

 

“Trading requires an optimal mindset. When you are upset, tired, and emotionally distracted, you will have trouble following your trading plan. You must return to a calm, focused mindset, a mindset where you are attentive and alert, and can trade like a winner.” – Joe Ross

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (February 5 - 9, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish

This pair did nothing significant last week: It only moved sideways. However, the bullish bias on the market has been maintained because bulls have been able to their own weight, and when a breakout occurs, it would take price above the resistance lines at 1.2500 and 1.2550. Possible pullbacks may not take price below the support lines at 1.2300 and 1.2250; otherwise a bearish bias would form.   

 

USDCHF

Dominant bias: Bearish

USDCHF also consolidated last week, not going downwards significantly and not going upwards either. The bias on the market remains bearish, and there is a possibility that the support levels at 0.9200, 0.9150 and 0.9100 could be tested this week (when volatility arises). The resistance levels at 0.9400, 0.9450 and 0.9500 should hinder any serious rallies that may happen. Any breach of the resistance level at 0.9500 would result in a bullish bias. 

 

GBPUSD

Dominant bias: Bullish  

Cable moved downwards on Monday and Tuesday, went upwards on Wednesday and Thursday, and then went downwards again on Friday. The outlook on the market is bullish, but the current strong pullback in the market has become a kind of threat to the bias. A breach of the accumulation territory at 1.3950 would result in a bearish signal, while a movement above the distribution territory at 1.4350 would help strengthen the current bullish bias.  

 

USDJPY

Dominant bias: Bearish

This trading instrument is bearish in the long-term, and bullish in the short-term. A short-term “buy” signal has been generated, because price has risen by 180 pips after testing the demand level at 108.50. This could be a start of a strong bullish journey, since price may rise further towards the supply levels at 110.50, 111.00 and 111.50. This even would result in an end to the current bearish bias. 

 

EURJPY

Dominant bias: Bullish    

Price made some faint bearish effort on January 29 and 30, as it briefly went below the demand zone at 134.50. However, the situation changed as a strong rally began on January 30. Price gained 300 pips, bringing about a bullish signal, and ending the recent consolidation in the market. The possibility of price going further upwards is very high this week. The next targets are the supply zones at 137.50, 138.00 and 138.50.

 

GBPJPY

Dominant bias: Bullish

There is a Bullish Confirmation Pattern on GBPJPY (although the market environment is quite volatile). In the first few days of last week, price took a dip, only to rally massively in the middle of the week. The pullback that occurred on Friday would turn out to be another opportunity to buy long and ride the market further north. It is important to note that the bias on JPY pairs is very bullish for this week – short trades are not currently advisable.

 

This forecast is concluded with the quote below:

 

“...Stay calm, try your best, and accept where the markets take you. Ironically, if you can identify and control what you can (such as risk management and a sound trading strategy), and accept what you cannot (the outcome of a trade), you will feel calm and be able to trade in a peak performance mindset. And the calmer you feel, the more open you will be to seeing the markets as they are, rather than what you want them to be.” – Joe Ross (Source: Tradingeducators)

 

Source: www.tallinex.com

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (February 12 - 16, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bearish

This pair is bearish in the short-term, for price went southwards throughout last week, moving downwards from the resistance line at 1.2450, and nearly touching the support line at 1.2200. The support line would be breached to the downside, as other support lines at 1.2150 and 1.2100 are aimed at. The outlook on EUR pairs is bearish for this week, and so, the probability of a southwards movement is very high.  

 

USDCHF

Dominant bias: Bearish

The outlook on the market is bearish – even in the long term. Throughout last week, there were rally attempts in the context of a downtrend. The current bullish effort may be temporary, because price may drop from here, to test the support levels at 0.9350 and 0.9300 (this week). However, a movement above the supply level at 0.9500 could result in a nice bullish outlook on the market.   

 

GBPUSD

Dominant bias: Bearish

This market shed 300 pips last week, closing below the distribution territory at 1.3800. Price has gone downwards by over 430 pips since February 2, creating a Bearish Confirmation Pattern in the market. The outlook on GBP pairs is bearish for this week (save EURGBP, which is expected to be going upwards), and thus the accumulation territories at 1.3750, 1.3700 and 1.3650 could be reached this week.

 

USDJPY

Dominant bias: Bearish

USDJPY is bearish – though the market environment is quite choppy. After several tests, price was able to go below the supply level at 108.50, and it is currently targeting the demand level at 108.00, which could be breached to the downside, as price goes further southwards. The bearish outlook would be intact as long as price does not go above the supply levels 110.00 and 110.50, which could, however, be tested.    

 

EURJPY

Dominant bias: Bearish    

Last week, there was a massive drop on this cross. Price went southwards by 500 pips, reaching the demand zone at 132.00. On Friday, there was an upwards bounce in the market, which should turn out to be temporary, because this cross ought to continue its southwards journey this week. The demand zones at 132.00, 131.50 and 131.00 could be breached to the downside. Rallies in the market could this be ignored.

 

GBPJPY

Dominant bias: Bearish

Amid high volatility, the bias on GBPJPY has turned bearish. The bearishness started as a minor bearish correction on February 2, and later became something serious last week. Price plummeted by 600 pips, testing the demand zone at 149.00. The upwards bounce in price, which occurred on Friday, February 10, should be disregarded, because price is most likely go further southwards (owing to the weakness in GBP and a bearish expectation for JPY pairs). The market can shed another 300 pips this week.

 

This forecast is concluded with the quote below:

 

 

“It simply doesn't make sense to trade just one market and to hope that one is going to be the big winner of the year. That's why trading multiple markets is so important and one of the key principles to successful trading in the long-term.” - Marco Mayer

 

Source: www.tallinex.com

 

 

 

 

 

 

 

 

 

 

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (February 19 – 23, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bullish  

Last week, this pair rose from the support line at 1.2250 and tested the resistance line at 1.2550 (a movement of 300 pips).  After the resistance line at 1.2550 had been tested, price got corrected by 140 pips, closing below the resistance line at 1.2450 and now very close to the support line at 1.2400. The current bias on the market is bullish, but that can change this week, because there is a strong likelihood that EUR pairs would become very weak this week. Rallies would be contained at the resistance line at 1.2550, and price could drop towards the support lines at 1.2350 and 1.2300 this week. These targets could even be exceeded.

 

USDCHF

Dominant bias: Bearish

USDCHF remained under strong bearish pressure last week. Price consolidated on Monday, and started coming downwards on Tuesday, to reach the demand level at 0.9200 on Friday. The upwards bounce that is in place was made possible by a sharp pullback on EURUSD. Bearish attempts would be halted at the support level of 0.9200; while price targets the resistance levels at 0.9300, 0.9350 and 0.9400. However, there could be a limited bullish movement because USD would not be very strong this week. 

 

GBPUSD

Dominant bias: Bearish

Cable is not currently in a bullish mode. The rally that was witnessed last week might have led to a bullish bias if not for the pullback that occurred on Friday. Price rose indeed – from the accumulation territory at 1.3800, nearly reaching the distribution territory at 1.4150, but further northward journey was halted. The distribution territory at 1.4150 has already become a barrier to further bullish movement: The market is supposed to move downwards this week. The outlook on GBP pairs is somewhat bearish for this week.

 

USDJPY

Dominant bias: Bearish

USD/JPY was engaged in a smooth, clean bearish movement last week. Since January 9, the market has gone downwards by 720 pips (losing at least, 300 pips this month alone). There is a strong Bearish Confirmation Pattern in the market, it is expected that price should be able to go below the demand levels at 106.00, 105.50 and 105.00, and remain below it… The outlook on JPY pairs remains bearish.

 

EURJPY

Dominant bias: Bearish    

From the top of 137.50, this cross has nosedived by at least, 550 pips. Last week, the movement of the market was a kind of choppy and sideways (in the context of a downtrend), but bears were able to pull their weight, since price closed below the supply zone at 132.00. The outlook on the market remains bearish, and that might even be aided by a weak EUR. The demand zones at 131.50 and 131.00 are the initial targets for the week.  

 

GBPJPY

Dominant bias: Bearish

On February 2, the market reach the monthly high of 156.50, and it has dropped 800 pips since then, reaching a low of 148.00. Although the market movement is rough, the bearishness in the market is clearly visible. This week, the market should continue moving southwards, but not without attacks from bulls (which could cause temporary upwards bounces in). The targets for the week are located at 148.50, 148.00 and 147.50.

 

This forecast is concluded with the quote below:

 

“A trading edge is created by a harmonious combination of choices made by each trader to exploit recurring market inefficiencies and thereby create a long-term mathematical advantage. The unique objectives, beliefs, and skills of each trader are key to all edge choices and to integrating the edge into an effective trading methodology.” – VTI

 

 

Source: www.tallinex.com

 

 

 

 

 

 

 

 

 

 

 

 

[Guest andengireng]

 

 

 

NZDUSD is still moving in bearish bias today. For today's forex strategy wait for confirmation of sell signal if pull-back occurs to the reference area at the range 0.73470 before opening the sell position, with potential target up to the range 0.73085. Be careful if the resistance at 0.7369 breaks, it will turn the intraday bias to bullish and potentially will raise the kiwi up to the range 0.74100.

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (February 26 – March 2, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bearish

The market is bearish in the short-term. Since testing the resistance line at 1.2550 on February 16, price has gone south by more than 250 pips (now barely below the resistance line at 1.2300). This week, the outlook on EUR pairs is bullish. While the support lines at 1.2250 and 1.2200 could be tested, it is expected that a considerable rally will start before the end of the week, and that is something that could overturn the current short-term bearish bias.

 

USDCHF

Dominant bias: Bullish

The pair is bullish in the short-term. After the support level at 0.9200 was tried on February 16, the market gained 200 pips. It tested the resistance level at 0.9400 on Thursday, and then retraced a bit. The resistance level at 0.9400 could be tested again, and even another resistance level at 0.9450. However, an eventual rally on EURUSD would force the current upwards movement to reverse, thus threatening the short-term bullish bias. 

 

GBPUSD

Dominant bias: Neutral  

There was no strong directional movement here last week. Since February 16 price has been going gradually lower (rendering the bullish outlook that was formed before February 16 invalid). Since the downwards movement is not strong, the market has essentially become neutral in the near-time. However, the neutrality would soon become a thing of the past, because a strong momentum is expected in the market, which would most probably favor bulls. The outlook on GBP pairs is mostly bullish for March 2018, although that does not rule out bearish corrections in certain cases.

 

USDJPY

Dominant bias: Bearish

The market was bearish in the long-term. A rally happened last week from Monday to Wednesday, but it was checked by the bearish correction that took place on Thursday and Friday. There are support levels at 106.50, 106.00 and ultimately at 105.50. These support levels will try to prevent further bearish correction, and that is something that could bring about another rally in the market, which would become considerable this time. 

 

EURJPY

Dominant bias: Bearish    

This cross is strongly bearish, going downwards in a steady manner since February 2, and losing at least, 600 pips since then. Nonetheless, the southwards journey will soon be over, as a strong rally is expected, which would eventually remove the current Bearish Confirmation Pattern in the market. The outlook on JPY pairs is bullish for this week, and for the month of March. So, short trades are not advisable.  

 

GBPJPY

Dominant bias: Neutral

This trading instrument is bearish in the long-term, but neutral in the short-term. The market has gone bearish by 700 pips since February 2 – but it has only moved sideways in the last two weeks. Since the low of 148.00 was tested, price has failed to go significantly lower. A base has already been formed and price could be seen moving upwards, away from the base. This month, the market is expected to go upwards by at least, 500 pips, and that will effectively bring about a bullish bias.

 

This forecast is concluded with the quote below:

 

“True trading is actually speculation (managed risk). The speculator is willing to accept the risk of price fluctuation in return for the greater leverage that comes with that risk in the hopes of earning a greater profit.” – Andy Jordan

 

Source: www.tallinex.com

 

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (March 5 - 9, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Bearish

The market is bearish, and the bearishness has been in place since February 16. Last week, price moved briefly below the support line at 1.2200, and then rallied in the context of a downtrend. Unless the rally enables price to overcome the resistance lines at 1.2400 and 1.2450, it would merely turn out to be another short-selling opportunity. The support lines at 1.2250, 1.2200 and 1.2150 could be reached this week.  

 

USDCHF

Dominant bias: Bullish

This pair is bearish in the long-term, neutral in the short-term, and it is quite choppy at the present. The bearishness in the market has been in place since early November 2017; plus last week was rough. Price rose from the support level at 0.9350, went above the resistance level at 0.9450, only to drop towards the support level at 0.9350 again. A breach of the support levels at 0.9350, 0.9300 and finally, 0.9250, would bring about a bearish outlook on the market. A movement to the upside would save the extant bullish bias.

 

GBPUSD

Dominant bias: Bearish

This trading instrument dropped steeply last week, losing 300 pips from the high of Monday. The movement on Friday was somehow flat, but price is expected to resume its southwards journey this week. The outlook on GBP pairs is bearish for the week, and thus, this instrument could go towards the accumulation territories at 1.3750, 1.3700 (which has been previously tested), and 1.3650.

 

USDJPY

Dominant bias: Bearish

This pair consolidated from Monday to Thursday, and then began to come downwards (to place more emphasis on the bearishness of the market). Price has gone below the supply levels at 106.50, and 106.00; and it may test the demand levels at 105.50, breaching it to the downside as another demand level at 105.00 targeted. On the other hand, a strong reversal could occur, which would result in a threat to the current bearish bias.

 

EURJPY

Dominant bias: Bearish    

It is interesting to see EURJPY being engaged in a long, protracted bearish movement. Since the beginning of February, at least, 700 pups have been shed. In the past few weeks, short-term rallies have been invariably followed by further southwards movements. Price would continue moving downwards towards the demand zones at 130.00, 129.50 and 129.00. Nonetheless, a strong rally is in the offing, as the outlook on EUR pairs is bullish for this week.  

 

GBPJPY

Dominant bias: Bearish

The recent price movement on GBPJPY is similar to that of EURJPY, except the fact that GBPJPY moves faster than EURJPY. For instance, since testing the supply zone at 156.50 on February 2, price has gone downwards by more than 1,100 pips, reaching the demand zone at 145.00.  More than 450 pips got dropped last week alone! All this has brought about a Bearish Confirmation Pattern in the market, which points to the possibility of price reaching other demand zones at 140.00 and 139.50. However, there could also be a strong bullish reversal in the market.

 

This forecast is concluded with the quote below:

 

 

“A strategy is a definitive set of rules that specifies the exact conditions under which trades will be established, managed and closed.” - Jean Folger

 

Source: www.tallinex.com

 

 

 

 

 

 

 

 

 

 

 

 

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (March 12 - 16, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Neutral

The market did not do anything significant last week.  In fact, the market has generally been choppy since February 2018. There is a support line at 1.2150 and a resistance line at 1.2450. As long as price moves within the aforementioned support and resistance lines, the neutrality in the market will continue. Ultimately, price will either go below the support line at 1.2150 to form a bearish bias; or it may go above the resistance line at 1.2450 to form a bullish bias.

 

USDCHF

Dominant bias: Bullish

In the short-term, the market is bullish. However, it is neutral in the medium-term and bearish in the long-term. Now, in the short-term, price moved sideways from Monday to Wednesday and then rose on Thursday, becoming bullish. From the support level at 0.9350, price rose above the support level at 0.9500, closing above it on Friday. There could be further upwards movement, but it will not last long because a considerable amount of pullback is expected this week, owing to a bullish outlook on CHF, which may cause other CHF pairs to go bearish (and USDCHF included).

 

GBPUSD

Dominant bias: Bearish

Cable is bearish in the long-term, but neutral in the short-term. What happened last week is best called consolidation, because there was no strong directional movement in favor of the bull or the bear. A directional movement is supposed to happen this week, as GBP rises against some currencies like USD, but it may drop versus other currencies like NZD. There are accumulation territories at 1.3800, 1.3750 and 1.3700. Likewise, there are distribution territories at 1.3900, 1.3950 and 1.4000.

 

USDJPY

Dominant bias: Bearish

The outlook on this pair remains bearish, but some bullish effort was made last week. For instance, price rose from the demand level at 105.50, to test the supply level at 107.00. This kind of price action can only threaten the extant bearish bias when price gains additional 150 pips, from here. There are demand levels at 106.50, 106.00 and 105.50. Likewise, there are supply levels at 107.00, 107.50 and 108.00.

 

EURJPY

Dominant bias: Bearish    

Price moved sideways on March 5, rose upwards later that day and on March 6, but then consolidated throughout last week.  The consolidation can continue this week, but a rise in momentum is also expected. When a breakout occurs, it will most likely be in favor of the bear, because the outlook on JPY pairs is bearish for this week. Therefore, initial targets may be put at the demand zones of 131.00, 130.50 and 130.00.

 

GBPJPY

Dominant bias: Bearish

The market is bearish, but it made bullish effort throughout last week. Last week, it rose from the demand zone at 145.50, to test the supply zone at 148.50 (over 300-pip movement). The upwards movement was considerable enough, but that may turn out to be an opportunity to go short when price rises in the context of a downtrend. The outlook on JPY pairs is bearish for this week. Within this week and next, the market is expected to drop at least, 300 pips. The demand zone at 145.50 is the initial target and that may be exceeded eventually.

 

This forecast is concluded with the quote below:

 

“Try to be humble, honest, and ready to face your own shortcomings as a trader. If you can do, you will have a better chance to be consistently profitable.” – Andy Jordan

 

Source: www.tallinex.com

[⭐ analyst75]

Weekly Trading Forecasts for Major Pairs (March 19 - 23, 2018)    

 

Here’s the market outlook for the week:

 

EURUSD

Dominant bias: Neutral

The market is generally, neutral. It initially made bullish effort last week, reaching the resistance line at 1.2400, and then retraced towards the south. Price is now below the resistance line at 1.2300, going towards the support lines at 1.2250 and 1.2200. Any rallies could be contained at the resistance line at 1.2400. There will not be much movements across the markets this week. However, next week will witness a strong volatility.   

 

USDCHF

Dominant bias: Bullish

In the medium-term, this market is bullish. Since the support level at 0.9200 was tested in February 16, 2018, price has rallied by over 300 pips, closing above the support level at 0.9500 on Friday. There is a tendency for the market to continue going upwards, especially when EURUSD shows signs of further weakness. Thus the resistance levels at 0.9550, 0.9600 and, ultimately 0.9650, could be reached this week.

 

GBPUSD

Dominant bias: Neutral

Cable has become neutral, particularly since a few weeks ago. Last week, price rose above the accumulation territory at 1.3900, and then moved sideways throughout the week. There is a distribution territory at 1.4050, which must be broken to the upside, for a bullish bias to form. There is also an accumulation territory at 1.3800, which must be broken to the downside, to form a bearish bias.  

 

USDJPY

Dominant bias: Bearish

Since January 8, 2018, this trading instrument has dropped 750 pips, testing the demand level at 105.50 several times. Price has not been able to stay below that demand level, but that does not rule out the possibility of testing it again. The demand level at 105.50 would offer a stiff resistance to further bearish movement. That means a strong selling pressure would be needed for the demand level to be breached to the downside. Otherwise, a rally will surface.

 

EURJPY

Dominant bias: Bearish    

The market has been in a vivid bearish mode since February 2. The demand zone at 129.50 was tested, and further bearish movement was restricted. A period of consolidation and bullish attempt were witnessed, but price is currently pointing southwards, now close to the demand zone at 130.00, which would be breached to the downside as price goes towards another demand zone at 129.50, where bears will encounter fierce opposition.

 

GBPJPY

Dominant bias: Bearish

From the low of March 2, price has risen by roughly 450 pips. However in the past few days, price has been coming downwards gradually. Further downwards movement could result in confirmation of a new bearish outlook. There are demand zones at 147.00, 146.50 and 146.00. The demand zone at 146.00 may do a good job in preventing more southwards journey. A very strong rally is expected before the end of this week.  

 

This forecast is concluded with the quote below:

 

“Good trading times may be just ahead. Are you ready? It's times like these when the right mental edge can make all the difference…. It's vital that you approach trading with the proper mindset. Be ready to work hard and do whatever it takes to come out a winner. You can trade profitably if you put in the time and effort. Think optimistically, work hard, and take home the profits!” – Joe Ross

 

Source: www.tallinex.com