EURUSD is going back for a retest at the Resistance zone …..we waiting patiently for a nice sell setup at pending entry of 1.11676…..to ride on the pair to Support zone for our Target Profit. EUR/USD is looking heavy ahead of the minutes of the European Central Bank’s (ECB) October policy meeting, which are expected to show the members stand divided on which course to take. Signal Specification Pair:EURUSD Entry Type:Sell Pending Entry: 1.11676 Tp: 1.07983 Sl: 1.13824 R/R: 2.1 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is […]
GBPUSD AT CONSOLIDATION:The pair had been in a ranging mode on a 4hrs chart, touching the resistance level @ 1.30150 on a 4hrs chart, while we wait for a retest at the resistance level for price to drop to our support level @ 1.27539 ….. Given the recent decline in the UK PM’s public favorite status, the GBP/USD pair extends weakness as it trades around 1.2915 at the London open on Wednesday. The pair reversed from monthly high on Tuesday as upbeat housing market data from the United States (US) and the US Federal Reserve (Fed) policymakers John C. William’s sustained support for the current monetary policy pleased the greenback buyers. The US dollar (USD) extended its gains on Wednesday amid fresh risk-off followed by the US-China tussle over the Hong Kong bill. The risk-tone also weighs down amid on-going protests in Hong Kong and Israel. Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed […]
Following early-day instability, news of Monday’s bad habit clerical exchange meeting between world’s two biggest economies and U.S. Place of Commons demonstration of passing a spending bill to restart the administration workplaces gave a murmur of alleviation to worldwide speculators. Thus, the hazard on conclusion pulled AUD, JPY and item connected monetary standards once again from their earlier moves and hauled the US Dollar Index downwards. Adding to the USD’s shortcoming were blended details and worry of no rate-climb from the Fed after Dallas Fed President Robert Kaplan said to take a stab at holding the rate-lift design for quite a while. Then again, drowsy UK Construction PMI and Brexit stress incurred a significant injury on GBP however EUR profited from the greenback’s decay. It ought to likewise be noticed that even in the wake of turning around a portion of the past increases, customary places of refuge like JPY and Gold stayed on the positive side at the day end for the most part in light of the USD’s plunge. Moreover, Crude costs figured out how to broaden their prior recuperation and head towards greatest week since September as indications of US-China economic agreement and OPEC’s status […]
Based on last week’s price action and the close at .7039, the direction of the market on Monday is likely to be determined by trader reaction to last week’s low at .7016. Due to the prolonged move down in terms of price and time, the AUD/USD is inside the window of time for a potentially bullish closing price reversal bottom. The Australian Dollar finished marginally higher on Friday after giving up most of its early session gains. The price action reflects concerns over U.S.-Chinese trade relations as the negotiations to end the trade dispute continued. Support was provided by another drop in U.S. Treasury yields which are now at a 10-month low. Gains were capped, however, by lower demand for higher-yielding currencies. Volume remained well below average as many of the major players remained on the sidelines during the Christmas and New Year holiday season. On Friday, the AUD/USD settled at .7039, up 0.0009 or +0.12%. Daily Swing Chart Technical Analysis The main trend is down according to the daily swing chart. The downtrend was reaffirmed on Thursday when sellers took the Forex pair to .7016, taking out the October 20 bottom at .7020 in the process. The main trend […]
TRADERS REMAIN NET-LONG USDJPY: Retail trader data shows 65.0% of traders are net-long with the ratio of traders long to short at 1.85 to 1. In fact, traders have remained net-long since Dec 18 when USDJPY traded near 112.517; price has moved 1.9% lower since then. The percentage of traders net-long is now its highest since Mar 11 when USDJPY traded near 106.9. The number of traders net-long is 8.7% higher than yesterday and 2.7% higher from last week, while the number of traders net-short is 14.5% lower than yesterday and 17.2% lower from last week. To gain more insight to how we use sentiment to power our trading, join us for our weekly Trading Sentiment webinar. USDJPY SENTIMENT GIVES A STRONG BEARISH BIAS We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USDJPY prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias. Source
With the reestablished negativity concerning exchange accord between world’s two biggest economies, AUD, NZD and CAD declined though EUR and GBP exploited the greenback’s plunge. Moreover, Crude costs likewise neglected to extend before pullback forward after API enlisted a climb in oil inventories and questions over the quality of worldwide economy flag more fragile interest in future. Amid early Friday, China made another move to delight exchange watchers by saying they have attempted purposeful endeavors to end the U.S. standoff and may find a way to get the economic accord. At the information front, Japan’s Industrial Production shrank lesser than anticipated yet Retail Sales and Unemployment Rate exasperates the positive thinking. If there should arise an occurrence of governmental issues, U.S. Republicans may embrace their very late advance to get Mexican fringe assets so as to restart the administration neglecting to which can put off the endeavors till Wednesday because of year-end breaks. Additionally, Trump organization may adulate China as the country has as of late found a way to draw nearer to a decent economic agreement; however, they are still a long way from discrediting their job from IPR burglary and the equivalent can push White House […]
China’s endeavours to satisfy Trump organization before January meet appear to be missing the mark regarding reestablishing financial specialist certainty amid the Christmas season as the absence of financial matters and political tumult at the U.S. keep testing exchange feeling and drag the US Dollar Index (I.USDX) down. While US President Donald Trump continued demonstrating his uneasiness with Fed’s approach measures and Treasury Secretary Steve Mnuchin making a decent attempt to soothe rising tension, the halfway shutdown of the U.S. government and theories of darker days for worldwide economy pushed merchants to places of refuge like JPY, CHF and Gold. Then again, Crude stayed abominable to advertise players considering a higher toll on vitality request because of anticipated future financial shortcoming. Differentiation to past moves, product bin saw pullback amid early Wednesday after China discharged new principles promising to treat all organizations similarly and evacuating some more boundaries for their exchange accord with the world’s biggest economy. On the other hand, Bank of Japan Governor Haruhiko Kuroda additionally looked to support JPY further as he said Japanese system is sufficiently able to oppose worldwide securities exchange stuns. Regardless of whether it was Christmas-day, Mr. Trump didn’t permit FOMC […]
The Reports released by the countries which are related to the forex market have the power to make changes in trend movements. Especially, the Fundamental traders were very keen about those reports Because those are the only evidence to predict the market changeovers. http://www.forextamil.com specially designed for forex traders this website contains Weekly fundamental report updates, Technical trade ideas, Forex Fundamental news, trading strategy classes, forex training courses and more & more. Our trading strategy and the trading techniques are known as the Best forex trading Course in India. Our students roughly make more than 100$ Daily with very Minimum Investment. For more course details visit: Forextamil.com Learn the Best forex training Course and Be the part of Best forex training Academy in India. Our courses are designed by the Best forex traders to bring the changes in Each traders Life to make them Financially Free. Here are this week market changeovers, fundamental traders have a look at those reports and decide our trade move. If you have any doubt on predicting the upcoming move feel free to Contact Us. FOREX TRADING / FOREX TRAINING / FOREX ACCOUNT OPENING CONTACT US Mail : email@example.com Skype : qmanager.live Phone : […]
Amid early Wednesday, brokers favoured product connected monetary standards and Crude on seeking after an exchange accord between world’s two biggest economies however the US Dollar trimmed a portion of its most recent additions with subsiding political tiff in the midst of US President Donald Trump and their adversaries. However, there was little help for the EUR and the GBP because of issues at their hands. Given the ongoing lift to advertise desires concerning a fruitful Sino-US bargain, advancements at that front will be firmly watched while UK policymakers’ preparation to topple Theresa May from PM situate makes the extra issue for the GBP that is as yet battling with Brexit. At EU, France and Italy can continue making EU policymakers occupied and baffle provincial cash purchasers yet up and coming ECB may confine the territorial money’s downturn if demonstrating the hawkish mindset of Mr Draghi. To entirety up, political plays at EU, US and UK, together with US expansion numbers and exchange improvements, can include another unstable day into the exchanging week.
With the ongoing questions over Fed’s rate-climb way, every approaching remark from a Fed policymaker acquires vital, which thusly features the present public interview by the FOMC casting a ballot part and Federal Reserve Bank of New York President John Williams about neighbourhood work and work drive patterns. In this group of onlookers, questions are relied upon and answers to the equivalent could additionally give pieces of information to the U.S. national bank strategies pushing ahead. Besides, evening reports from the White House were very irritating for exchange watchers as Trump organization attempted to legitimize what was concurred between the world pioneers at G20. The equivalent got extra incredulity after China held back to give any insights into the 90-day time frame and vehicle duties that Mr Trump praised before. Thus, the Australian Dollar, which was at that point bearing the weight of baffling lodging market details, saw negative day by day shutting while GBP couldn’t profit by prior inspiration as Brexit dangers lingered to a great extent. It ought to likewise be noticed that JPY and Gold stamped gains on USD’s drop and fears concerning improvements at Sino-US exchange and Brexit. Other than Fed policymaker, the BoE Governor […]
Hi! I'm Tamil.
Here at Forex Tamil, we are focused on teaching you high probability and low risk price action trade setups, so that you are able to create a consistent edge over the market that you can use to your advantage, time and time again. You Can Read More Here.
LEGAL : This website, presented by Forextamil.com, the lessons and articles it distributes and the blogs it publishes make no recommendations about what Commodity , Equity Future,Forex or Currency to buy or sell. All information is strictly educational and/or opinion. Forextamil.com does not provide financial, legal or trading advice and is not soliciting the buying or selling of Commodity ,Equity or Currency. The user acknowledges that Forextamil.com is in no way responsible for the investment and trading and/or legal decisions of its users. The user acknowledges and accepts that Forextamil.com assumes no responsibility for inaccurate, erroneous or unavailable data. The user is encouraged to conduct its own due diligence. Any tips or trade setups represented are simply Forextamil.com opinion and meant to pass on information about the Commodity, Equity,Forex or Currency markets and do not constitute financial or trading advice. By using the information, you acknowledge that Forextamil.com is not providing financial or trading advice and agree that Forextamil.com is in no way responsible for your trading and investment decisions, regardless of whether those decisions were inspired by using this site and/or its news letters or not.
Disclaimer : Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Forextamil.com, its employees, directors or fellow members.Commodities, Equity Futures, options, Forex and currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Equity futures , Commodity Forex and Currency markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell Equity futures, Commodities, Currency or options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
HIGH RISK WARNING : Commodities. Equity Futures, Forex,Currency and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in Commodities, Equity futures, Forex ,Currency and options and be willing to accept them in order to trade in these markets. Commodity, Equity Forex and Currency trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.