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FOREX TRADING COURSE IN CHENNAI, FOREXCOURSETRADINGCHENNAI, FOREX TRADING COURSES IN CHENNAI, FOREX COURSESCHENNAI, FOREX MARKET COURSE IN CHENNAI
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MARKET COMMENTARY

1
EUR/CHF Has Been Bullish To Start Its Trading Today……

If the bears are strong enough to keep the pair below 1.0920, we may then experience declines towards the 1.0893 hurdle, defined as a support by the low of November 15th. If that zone is not able to halt the tumble either, then the slide may be extended towards the 1.0870 zone, marked by the low of October 8th, and slightly above the low of November 14th. On the upside, we would like to see a clear break above 1.0965 before we start examining whether the bears have abandoned the field for a while. Such a move could initially target the 1.0980 zone, the break of which may extend the recovery towards the peak of December 3rd, at around 1.0993.   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 […]

12-Dec-2019
1
LONG:GBP/NZD:Sterling might show limited upside action on Tory’s victory

The pair remains biased higher on positive sentiment over UK election as Conservative Party is expected to win majority. The poundwill be the first to react on election results and two scenarios are in play. Tory’s victory with comfortable is expected to be bullish signal but reaction might not be as strong as many anticipate. Signal Specification Pair:GBP/NZD Entry Type:LONG Entry: 2.00529 Tp: 2.05043 Sl: 1.98363 R/R:2.08 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. Roy McBruckes 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 my trading experience, it is not an invite […]

12-Dec-2019
1
DXY:USD INDEX Drops To Lowest Since August

DXY drops to test critical 97 the figure and confluence support area on dovish Powell at yesterday trading….Contrary to what was first presumed as a bullish outlook from Fed Chair Powell, USD sells off on dovish statement. The markets are shedding US dollars following the Federal Reserve interest rate decision and changes to the statement, but more-so on recent dovish comments made by Fed’s Chairman Powell. DXY has dropped to a low of 97.08 from a high of 97.60. USD testing an important support level right now, where the market has bounced from previously.The USD has been heavy bearish going into the support, so just waiting to see how price reacts here. A very large buy signal would be needed to give us confidence into buying off this level – but we prefer the break scenario, where we can looking for sell signals under the level on LHs.   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 […]

12-Dec-2019
1
EUR/USD:Traders Turn Focus Towards ECB Policy Meeting Today

Traders turn focus towards ECB policy meeting today, as it will be the first policy meeting under command of new ECB president, Christine Lagarde. Although the central bank is not expected to take any action today, Lagarde’s press conference will be closely watched, as markets await to hear her opinion and economic forecasts. Lagarde is not expected to significantly change dovish policies of her predecessor Mario Draghi and keep the hawks under control that would be supportive for Euro. Technical outlook remains positive as bullish momentum is strengthening and thick daily cloud continues to underpin the action…. 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 […]

12-Dec-2019
1
The US Dollar traded sideways against the Canadian Dollar…

The US Dollar traded sideways against the Canadian Dollar since Tuesday,extremely narrow range on Wednesday as investors are refraining from making large bets while waiting for the macroeconomic data releases and the FOMC’s policy announcements Everything being equal, the USD/CAD exchange rate could continue to trade in the descending channel pattern today. Bears might drive the price towards the break out of 1.3228…… Although, given that the currency exchange rate is currently trading below the boundary of the descending channel pattern, a breakout could occur today or tomorrow for more bearish movement …. 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 […]

11-Dec-2019
1
USOIL:Tensions in the Middle East And Protectionism………

OPEC is discussing whether to extend its production quota. U.S oil production will expand further, albeit at a slower pace. Our prospects for oil prices in 2020 assume weak demand growth in a well-supplied market …..we might see a fall in price inside our channel…….Currently, tensions in the Middle East and protectionism are the main sources of uncertainty. Signal Specification Pair:USOIL Entry Type:Sell Entry:59.04 Tp: 51.27 Sl: 63.59 R/R:1:7 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. Roy McBruckes 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 my trading experience, it […]

10-Dec-2019
1
XAGUSD:Silver Suffered The Biggest Weekly Loss In Four Weeks

SILVER suffered the biggest weekly loss in four weeks last week, echoing gold’s decline as precious metals fell out of favour. The metal is currently sitting at 16.5786, which was breached on a closing basis last week for the first time since July. Exchange-traded funds (ETFs) added 172,000 ounces of silver to physical holdings in the latest trading session, bringing total purchases for this year to 88.6 million ounces, according to a Bloomberg report yesterday. Speculative accounts turned net sellers of silver for the first time in three weeks in the week to December 3. 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 […]

10-Dec-2019
1
XAU/USD:Gold Slides On Upbeat US Jobs

GOLD prices fell the most in a month last Friday after the US jobs report showed 266,000 jobs had been added in November, the biggest monthly gain since January. The decline meant that the precious metal remained capped at 1,481.98 since November 5. China’s gold reserves stabilized at 62.6 million ounces at the end of November, according to the People’s Bank of China website. Speculative investors boosted net long positioning to levels not seen since the week of September 24 in the week to December 3, according to the latest data snapshot from CFTC. Gold has been stuck in a downward-sloping channel which began from September 4 which has upper and lower parameters of 1,490 and 1,430, respectively today. 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 […]

10-Dec-2019
1
GBP/NZD: BRITISH POUND RALLY – BY CURRENT GENERAL ELECTION

As Britain gears up for a general election on Thursday, PM Boris Johnson pledged to reduce immigration in a “transformative” Brexit. The latest polls indicate a very narrow lead for Johnson, which means that the stakes remain high for the GBP pairs this week. We expect a pull back to Resistance 4h for a drop later this week…….. The post-financial crisis and massive central bank stimulus that followed in developed nations has led to some of the lowest bond yields in history. In a move to find higher returns, cash has moved abroad into economies that offer higher yielding assets. Countries such as New Zealand have benefitted during these times, but with the Fed’s move to scale back asset purchases in combination with slower growth in China, the four year trend may be showing signs of fundamental weakness. 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 […]

09-Dec-2019
1
EUR/GBP Touches 1.5yr Low, But More Downside Potential Remain

After three consecutive daily pullbacks – including fresh yearly lows around 0.84057 as at the week trading starts….we saw a breakout from a minor support lever @ 0.84680 region, we should see more drops for the price to touch our strong support @ 0.83000 region which was April 2018 drop …….From a technical perspective, rates remain in a clear downtrend While it’s true that traders generally fear uncertainty (and with the looming specter of Brexit and now an election in less than two weeks’ time, there is no major currency that’s experienced more uncertainty this year than the pound), it’s also true that ambiguity creates opportunity for traders. 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 […]

09-Dec-2019

FOREX TRADING COURSE IN CHENNAI, FOREXCOURSETRADINGCHENNAI, FOREX TRADING COURSES IN CHENNAI, FOREX COURSESCHENNAI, FOREX MARKET COURSE IN CHENNAI

MARKET COMMENTARY

FOREX TRADING COURSE IN CHENNAI, FOREXCOURSETRADINGCHENNAI, FOREX TRADING COURSES IN CHENNAI, FOREX COURSESCHENNAI, FOREX MARKET COURSE IN CHENNAI

TAGS:FOREX TRADING COURSE IN CHENNAI, FOREXCOURSETRADINGCHENNAI, FOREX TRADING COURSES IN CHENNAI, FOREX COURSESCHENNAI, FOREX MARKET COURSE IN CHENNAI