Guest forexpros Posted April 4, 2011 Report Share Posted April 4, 2011 ForexPros Daily Analysis April 04, 2011 Free webinar on ForexPros - Forex Price Action Expert: Raul Lopez Start: Mon, Apr 11, 2011, 09:00 CST End: Mon, Apr 11, 2011, 10:00 CST During this next webinar by Raul Lopez he will discuss Price action rules. He will also show and discuss live price action analysis. Raúl López is a full time trader whose strategy is based on price action, all the information he needs to trade from the market itself and using an advanced application of support and resistance levels. He also trains and helps traders around the world to trade better and reach their goals as traders.During this next webinar by Raul Lopez he will discuss Price action rules. He will also show and discuss live price action analysis. Click here to join free --- Usd/Cad fell into a recently, and is showing an impulsive personality from 0.9977 region which is still incomplete. Market is trading in wave 3), searching for a temporary bottom, which could be established around 0.9580 region, where 261.8% Fibonacci extension level of a wave 2) distance is shown. Any near-term throw-back will be only temporary, likely a corrective wave 4, before downtrend resumes. Downtrend remains in play as long as the market trades below 0.9731 region.Why 0.9731!? Becasue we know that once wave 4) occurs, pair must not trade into a terrritoryx of a wave 1). --- Forex Trading analysis written by Gregor Horvat for Forexpros. --- Get the most updated Forex News ! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 5, 2011 Report Share Posted April 5, 2011 ForexPros Daily Analysis April 05, 2011 Free webinar on ForexPros - FX Market Outlook for Q2 2011 Expert: Ilian Yotov Start: Sun, Apr 10, 2011, 10:00 ET End: Sun, Apr 10, 2011, 11:00 ET FX Market Outlook for Q2 2011 - Review of the trends for the currency majors in Q1 2011 - Should we expect a reversal of the USD fortunes in Q2 2011? - Will the carry trade remain strong in Q2? - Is the worst behind for the EUR? Click here to join free --- The daily EUR/USD has been trending steadily higher and within the context of this mark up trend, a Rising Wedge has formed. Wedges (Rising or Falling) are trending patterns that - to be efedtively traded - should form in a down or up trend. The Rising Wedge formation in this situation has the psychology of a healthy and established uptrend behind it. I have included two charts of this formation. One is from my MT4 platform while the other was generated from my Autochartist platform. The MT4 chart shows that there are three highs that are currently causing a stall in the uptrend. The first high dates back to Nov.'10 at 1.4282, the two recent highs (creating a double top) are at 1.4250 and 1.4268 so the November high is still intact as a ceiling. The support of the Rising Wedge is at 1.4077 which means that even if the 1.4100 major psychological level is broken there is a three-month uptrend line offering support in the form of the lower trendline for the Rising Wedge. Volatility is the name of the game this week and without getting too far into a discussion of fundamentals and the pending ECB rate hike as well as Rate Statement which is highly anticipated to perhaps shed light on future hikes...there is another tools I use, which I have included in the images (below). These tools are the Expected Price Range and Price Movement Range by Hour of Day, both also calculated and provided by Autochartist. These tools are very unique and I will incorporate them with more frequency in my updates here at Forex Pros. There is no other tools that provides this type of price movement projection and it is a tremendously helpful tool that assists with risk management as well as profit target identification. Consider that there are multiple support and resistance levels that we could find on a chart, the question is which are potentially "in play" over the course of an hour or a day? Look at the two graphs and you can see the rhythm of price action (Price Movement Range) and the projected volatility (Expected Price Range) in the EUR/USD. Remember that on the daily, in my past Forex Pros analysis, I have discussed swing buys on the daily based upon a zone between 20 period SMA and the 34 period EMA high. This strategy mimics how a Rising Wedge set up would trigger since the area between the two uptrend lines is the buy zone on a correction lower. The Rising Wedge has the added entry strategy of a breakout buy if prices rally through the upper trendline. --- Forex Trading analysis written by Raghee Horner for Forexpros. --- Get the most updated Forex News ! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 6, 2011 Report Share Posted April 6, 2011 ForexPros Daily Analysis April 06, 2011 Free webinar on ForexPros - FX Market Outlook for Q2 2011 Expert: Ilian Yotov Start: Sun, Apr 10, 2011, 10:00 ET End: Sun, Apr 10, 2011, 11:00 ET FX Market Outlook for Q2 2011 - Review of the trends for the currency majors in Q1 2011 - Should we expect a reversal of the USD fortunes in Q2 2011? - Will the carry trade remain strong in Q2? - Is the worst behind for the EUR? Click here to join free --- Good morning everyone. The market has made pretty strong moves yesterday. So that being said, the blue zones are extremely far away from average market price movement. This is what I'm personally going to do : I'm going to wait for a massive correlating retracement (All the pairs should make a large pullback together). These retracements should be over 25-50 pips. Once this happens, I will be jumping back in the market. Conservative traders stand aside. Note : It does not look favorable to short the pairs during the retracement (pullback). Currency Outlook US Dollar : Strong then Weak Long : EURUSD, GBPUSD, USDCHF, AUDUSD, NZDUSD, EURJPY Short : USDCAD --- Forex Trading analysis written by Navin Prithyani for Forexpros. --- Get the most updated Forex News ! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 7, 2011 Report Share Posted April 7, 2011 ForexPros Daily Analysis April 07, 2011 Free webinar on ForexPros - FX Market Outlook for Q2 2011 Expert: Ilian Yotov Start: Sun, Apr 10, 2011, 10:00 ET End: Sun, Apr 10, 2011, 11:00 ET FX Market Outlook for Q2 2011 - Review of the trends for the currency majors in Q1 2011 - Should we expect a reversal of the USD fortunes in Q2 2011? - Will the carry trade remain strong in Q2? - Is the worst behind for the EUR? Click here to join free --- Markets saw some action during the past session or so, despite widely expected ECB rates decision. The expectations are increase for 25basis points, from 1% up to 1.25%. And as laready mentioend few times, the rate hike is already priced in the market, so DO NOT be surprised if you see the opposite, weak Euro reaction during the press conference, which is 45minutes after the rate decision. This would then be a psychological effect; always, or we must say in many times, the absolutely opposite reaction occurs against the crowd anticipations! With this being said, what if ECB will not raise rates at all!? In this case, we believe top will be placed on Eur/usd for some time, because large investors/institutions will cover their Euro Longs, which will likely provide a larger Euro fall. On the other hand, a rate increase should be good for the Euro (from a longer perspective), because the Fed has no plans to increase rates for the US dollar any time soon. This of course is the main reason for a strong Eur/Usd move for the past few weeks. What about technical picture!? The pair is facing a powerful resistance around 1.4300/400 region with decreasing volume and divergence shown on a daily chart attached below. At the same time pair is testing trend line from 2008, so we believe that close price of this week will be very important; break and push below rising trend line will be a very bearish signal, while break and close above 2008 trend line will put even more gains in play for weeks ahead. --- Forex Trading analysis written by Gregor Horvat for Forexpros. --- Get the most updated Forex News ! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 11, 2011 Report Share Posted April 11, 2011 ForexPros Daily Analysis April 11, 2011 Today: Free webinar on ForexPros - Forex Price Action Expert: Raul Lopez Start: Mon, Apr 11, 2011, 09:00 CST End: Mon, Apr 11, 2011, 10:00 CST During this next webinar by Raul Lopez he will discuss Price action rules. He will also show and discuss live price action analysis. Raúl López is a full time trader whose strategy is based on price action, all the information he needs to trade from the market itself and using an advanced application of support and resistance levels. He also trains and helps traders around the world to trade better and reach their goals as traders.During this next webinar by Raul Lopez he will discuss Price action rules. He will also show and discuss live price action analysis. Click here to join free --- Bulls are back in progress on cable after the pair made a very tricky decline two weeks back down to 1.5930 region. As such, we are now looking at the new, previous alternate count, which shows a flat correction in wave (2), followed by a new bullish leg, which is targeting now 1.6500 region and higher, with wave (3) underway. Any pull-back in coming week, will be just a corrective move with support seen around 1.6200/40 region; where trend line from 2009 should hold; resistance becomes support. --- Forex Trading analysis written by Gregor Horvat for Forexpros. --- Get the most updated Forex News ! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 12, 2011 Report Share Posted April 12, 2011 ForexPros Daily Analysis April 12, 2011 Free webinar on ForexPros - Fibonacci... Easy as ABCD Expert: Andrei Knight Start: Wed, Apr 27, 2011, 08:00 PST End: Wed, Apr 27, 2011, 09:00 PST Fibonacci need not be difficult! Learn a simple ABCD pattern, which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between. Join leading fund manager and trading coach Andrei Knight for this exciting instructional webinar which will transform the way you look at charts and help you achieve better trading results. Mr. Knight is the author of "Trading Forex for a Living" from Harriman House, as well as FXStreet's forth-coming DVD "Fibonacci: Unlocking the Market Code". Click here to join free --- Aud/Usd reversed quite sharply in recent sessions from its highs as commodities weakened; a move that appears to be a first small impulse on the way down. As such, temporary highs should be in place with at least three wave downward structure underway. Notice that pair also broke below rising trend line which is another important evidence of a temporary bearish price action, which however, still could be only a correction within a larger trend. Pair seems to be headed towards wave 4 support shown around 1.0300. --- Forex Trading analysis written by Gregor Horvat for Forexpros. --- Get the most updated Forex News ! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 18, 2011 Report Share Posted April 18, 2011 ForexPros Daily Analysis April 18, 2011 Free webinar on ForexPros - Forex Fundamentals Expert: Curt Wehrley Start: Tue, Apr 26, 2011, 10:00 EST End: Tue, Apr 26, 2011, 11:00 EST A review of the top fundamental news events over the prior month, and a look ahead at the news that could influence the foreign exchange market over the coming weeks. Click here to join free --- Technical Overview: EUR/USD started the week with a massive selloff, pushing its price toward the significant support at 1.435, which held the bearish momentum for now. On the daily chart - the pair continues to move between the bands of the upward channel. The bulls came, once again, at the lower band of the channel, pushing the pair price a bit up toward 1.438. The RSI indicator is no longer at overbought levels. On the hourly chart there are many signs for bullish short term reversal. The DI+ is on extreme low levels, which in the past resulted in a 200-300 pips move upward. Both RSI and MACD are signaling a completion of the downward short term trend and a reversal up. At the current levels we are expecting a reversal up and taking LONG positions. Trading Idea: Best levels to enter LONG positions are between 1.435 and 1.438. Take profit should be located at around 1.45-1.452. Stop loss should be located at 1.432. In such case, breaking above 1.453, will bring us back to LONG. SHORT positions should be taken by breaking below 1.432 with a stop loss at 1.437 and take profit at 1.426. --- Forex Trading analysis written by Dominic Bromley for Forexpros. --- New on Forexpros, the Forex Volatility Calculator! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 20, 2011 Report Share Posted April 20, 2011 ForexPros Daily Analysis April 20, 2011 Free webinar on ForexPros - Fibonacci... Easy as ABCD Expert: Andrei Knight Start: Wed, Apr 27, 2011, 08:00 PST End: Wed, Apr 27, 2011, 09:00 PST Fibonacci need not be difficult! Learn a simple ABCD pattern, which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between. Join leading fund manager and trading coach Andrei Knight for this exciting instructional webinar which will transform the way you look at charts and help you achieve better trading results. Mr. Knight is the author of "Trading Forex for a Living" from Harriman House, as well as FXStreet's forth-coming DVD "Fibonacci: Unlocking the Market Code". Click here to join free --- Good morning everyone. Yesterday the market ended up getting back into the trend in full motion. The US Dollar is expected to continue to weaken today with some retracements on the way. There are no hedged pairs today. Currency Outlook US Dollar : Weak Short : USDCHF, USDCAD Long : EURUSD, GBPUSD, AUDUSD, NZDUSD, EURJPY --- Forex Trading analysis written by Navin Prithyani for Forexpros. --- New on Forexpros, the Forex Volatility Calculator! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 21, 2011 Report Share Posted April 21, 2011 ForexPros Daily Analysis April 21, 2011 Free webinar on ForexPros - Forex Fundamentals Expert: Curt Wehrley Start: Tue, Apr 26, 2011, 10:00 EST End: Tue, Apr 26, 2011, 11:00 EST A review of the top fundamental news events over the prior month, and a look ahead at the news that could influence the foreign exchange market over the coming weeks. Click here to join free --- Euro: The euro, on the daily, has continued in its bullish trend since January. On Monday it bounced off its extension long at 1.41907 and is heading towards its target at 1.46737. The euro has broken its flat top at 1.45188. Pound: On the daily, the pound may be breaking out of its range and is heading towards its long target at 1.65442 from its more recent long at 1.61805 from Monday. The pound however has faced strong resistance at its weekly short at 1.6418 and so needs to be watched carefully. USD/JPY: On the daily chart, the yen is still in a range, albeit a wider range after hitting an all time low at 76.392. Currently finding some support at the 50% at 82.162. --- Forex Trading analysis written by Diana Rochford for Forexpros. --- New on Forexpros, the Forex Volatility Calculator! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 25, 2011 Report Share Posted April 25, 2011 ForexPros Daily Analysis April 25, 2011 Free webinar on ForexPros - Fibonacci... Easy as ABCD Expert: Andrei Knight Start: Tue, Apr 26, 2011, 10:00 EST End: Tue, Apr 26, 2011, 11:00 EST Fibonacci need not be difficult! Learn a simple ABCD pattern, which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between. Join leading fund manager and trading coach Andrei Knight for this exciting instructional webinar which will transform the way you look at charts and help you achieve better trading results. Mr. Knight is the author of "Trading Forex for a Living" from Harriman House, as well as FXStreet's forth-coming DVD "Fibonacci: Unlocking the Market Code". Click here to join free --- Aud/usd made solid pull-back in recent sessions with a three wave retrace near to 1.0700 region. We must not ignore the larger trend, which is clearly up, so a current decline should be considered as a corrective move, with new highs yet to come. However, a little bit deeper pull-back is still possible, down towards 1.0650/80 region; previous fourth wave area before uptrend resumes. --- Forex Trading analysis written by Gregor Horvat for Forexpros. --- New on Forexpros, the Forex Volatility Calculator! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 26, 2011 Report Share Posted April 26, 2011 ForexPros Daily Analysis April 26, 2011 Free webinar on ForexPros - Fibonacci... Easy as ABCD Expert: Andrei Knight Start: Tue, Apr 26, 2011, 10:00 EST End: Tue, Apr 26, 2011, 11:00 EST Fibonacci need not be difficult! Learn a simple ABCD pattern, which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between. Join leading fund manager and trading coach Andrei Knight for this exciting instructional webinar which will transform the way you look at charts and help you achieve better trading results. Mr. Knight is the author of "Trading Forex for a Living" from Harriman House, as well as FXStreet's forth-coming DVD "Fibonacci: Unlocking the Market Code". Click here to join free --- Technical Overview: After setting a new 4-month high on last Thursday, EUR/USD price is moving between 1.45 and 1.46. The medium term technical outlook is bullish. The short term technical picture is mixed. On the Daily chart, the pair successfully returned into the upward channel and the moving averages are still arranged in a bullish structure. On the Hourly chart the pair is hovering around the blue band, preparing itself for the next move. We are waiting for either break above 1.464 or a break below 1.449 to enter a position. Trading Idea: LONG positions should be taken by breaking above 1.464, with a take profit at 1.471. Stop loss should be located at around 1.458. SHORT positions should be taken by breaking below 1.449 with a stop loss at 1.455 and take profit at 1.4395. --- Forex Trading analysis written by Dominic Bromley for Forexpros. --- New on Forexpros, the Forex Volatility Calculator! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 27, 2011 Report Share Posted April 27, 2011 ForexPros Daily Analysis April 27, 2011 Today: Free webinar on ForexPros - Fibonacci... Easy as ABCD Expert: Andrei Knight Start: Wed, Apr 27, 2011, 08:00 PST End: Wed, Apr 27, 2011, 09:00 PST Fibonacci need not be difficult! Learn a simple ABCD pattern, which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between. Join leading fund manager and trading coach Andrei Knight for this exciting instructional webinar which will transform the way you look at charts and help you achieve better trading results. Mr. Knight is the author of "Trading Forex for a Living" from Harriman House, as well as FXStreet's forth-coming DVD "Fibonacci: Unlocking the Market Code". Click here to join free --- Dollar Index fell into a new low as expected, after the market made only small, three wave recovery up to a trend line region, which reacted as a very good resistance. An updated count now suggests that a decline from 74.53 is a final leg of an impulsive structure from 76.08, so we really should not be surprised if dollar finds some buyers in sessions and days ahead. --- Forex Trading analysis written by Gregor Horvat for Forexpros. --- New on Forexpros, the Forex Volatility Calculator! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Guest forexpros Posted April 28, 2011 Report Share Posted April 28, 2011 ForexPros Daily Analysis April 28, 2011 Free webinar on ForexPros - Mastering Trader Psychology Expert: Rande Howell Start: Thu, May 19, 2011, 09:00 EST End: Thu, May 19, 2011, 10:00 EST Mastering Trader Psychology The 5 Essential Skills for Peak Performance Trading Developing an effective mindset specifically for trading is often the missing element in a trading plan and becomes the barrier to desired success. It is this blindness to the inner game of trading that stops the trader from having a breakthrough in achieving his potential. After endlessly crafting a methodology and platform into a trading plan that should give him (or her) an edge in the markets, the serious trader acknowledges that the problem in his quest for success is him (not his trading plan) and his psychology that actually puts his trading plan into play. How do you go about building a psychology of self that brings the missing mindset edge to your trading plan? Find out in this eye opening webinar. You will learn how the interconnection between body, brain, emotion, and mind forges the self limiting beliefs from which you trade. You will see a process built upon 5 essential skills that empower a trader to disrupt the power of fear, anger, and impulse that hijacks the mindset needed to trade. You will also see how to develop a mindset that is rooted in discipline, patience, courage, and impartiality that gives you the psychological edge to use your trading plan effectively. Come, learn, and open yourself to the possibility of peak performance state of mind. Click here to join free --- Technical Overview: EUR/USD set a fresh 5-month high earlier today after the historical press conference of the FOMC yesterday. From the fundamental point of view we think that the weakness of the USD is about to end. From the technical point of view we can see that the pair is way overbought. On the Daily chart, the pair successfully reached the top band of the upward channel at 1.4883 before retreating 40 pips to its current level. On the Hourly chart the pair reached the top band, which signals the end of the current short term bullish trend. RSI is signaling a reversal. At the current levels we are looking for a downward correction. These short positions will be for a longer term than usual and with a wider TP. Trading Idea: SHORT positions can be taken anywhere between 1.483 and 1.488. Take profit is between 1.466 and 1.47. Stop loss is at 1.494. At the moment we are not looking for LONG positions at all. --- Forex Trading analysis written by Dominic Bromley for Forexpros. --- New on Forexpros, the Forex Volatility Calculator! --- Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Link to comment Share on other sites More sharing options...
Monihar Sriti Posted December 6, 2016 Report Share Posted December 6, 2016 Honestly, live market analysis feature is very useful for new Forex traders! This is the way, where new traders get the proper direction on market analysis! Personally, I have used live market reviews of TradingBanks broker and I made my professional skill on technical analysis! That’s the power of good market analysis! At the present, I make my trading analysis manually! Link to comment Share on other sites More sharing options...
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