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POSITION SIZE, LEVEL OF RISK
Risk management is one of the most important knowledge on trading. Learn in this article how to calculate your position size, establish where the stop loss will be and more. https://goo.gl/iFr9YW
BITCOIN (BTC/USD): STRONG BIDS PLACED AROUND 7,586
18:36 28.03.2018
More:
https://goo.gl/Frr8zd
Bitcoin continues to find support above the 7586 level, where buyers are actively concentrated and trying to resume the upward bias in the short term. Currently, there is a slight consolidation...
GOLD (XAU/USD) ENDING A POSSIBLE CORRECTIVE MOVE
18:40 28.03.2018
More:
https://goo.gl/ETGQ4Z
Gold has been trading in a bearish tone below the 50 SMA at H1 chart following the US GDP data release during March 28th session. Currently, we’re seeing a corrective move to take place in favor of...
USD/JPY Daily Analytics
14:33 28.03.2018
The price has been rising since a 'High Wave' pattern formed at the last low. However, if the 89 Moving Average acts as resistance, there'll be a moment for another decline.
The last 'Harami' pattern led to the current upward price movement. If any...
EUR/USD Daily Analytics
14:29 28.03.2018
The last bullish 'Harami' hasn't been confirmed because all the last candles are bearish. So, the market is likely going to test the Moving Averages, which could be a departure point for another upward price movement.
There's a bullish 'Hammer'...
GBP/USD Daily Analytics
09:36 28.03.2018
The main trend is still bullish, but there's a 'Double Top' pattern. In this case, we should keep on track the nearest support at 1.4027. If a pullback from this area happens little later on, there'll be a moment for an upward price movement towards...
EUR/USD Daily Analytics
09:34 28.03.2018
There's a 'Double Top' pattern, so the price is declining. In this case, the market is likely going to test the Moving Averages, which could be a departure point for another upward price movement.
The price is testing the 55 Moving Average...
USD/CHF Daily Analytics
07:37 28.03.2018
Recommendations:
BUY 0.951 SL 0.9455 TP1 0.961 TP2 0.9715 TP3 0.986
SELL 0.9435 SL 0.949 TP1 0.936 TP2 0.9335 TP3 0.927
On the daily chart of USD/CHF, the pair needs to break the March high to continue rising. On the contrary, an implementation of the...
GBP/USD Daily analytics
07:07 28.03.2018
Recommendation:
BUY 1.4245
SL 1.419
TP1 1.4345 TP2 1.4430 TP3 1.4525
On the daily chart, GBP/USD after reaching 88.6% target of the senior “Shark” pattern can proceed to 23.6%, 38.2% and 50% of the wave CD. To continue rally towards targets to 113%...
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According to the Bank for International Settlements, trading in foreign exchange markets averaged $5.1 trillion per day in April 2016.
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TRADING STRATEGY: Three wise men and the alligator.
This strategy combines a couple of indicators with candlestick pattern to identify reversals. Learn the details in this article https://goo.gl/Y5kgk9
EUR/USD: "V-TOP" PATTERN
08:48 27.03.2018
More:
https://goo.gl/EzfV8S
The main trend is still bullish, but there's an opportunity to have a bearish correction in the short term. So, we should keep an eye on the nearest support at 1.2412 - 1.2387 as an intraday target.
There's a "V-Top"...
GBP/USD: "DOUBLE TOP" PATTERN
08:49 27.03.2018
More:
https://goo.gl/fvwpoR
There's a "Double Top" pattern, so the market is likely going to test the nearest support at 1.4144. However, if we see a pullback from this line afterwards, bulls will probably try to reach the next resistance at...
GBP/USD Daily Analytics
08:49 27.03.2018
There's a "Double Top" pattern, so the market is likely going to test the nearest support at 1.4144. However, if we see a pullback from this line afterwards, bulls will probably try to reach the next resistance at 1.4277 - 1.4344.
There're two...