EUR/USD extends consolidation below 1.1100 in pre-Xmas thin conditions EUR/USD is lacking directional bias, as it extends the Asian consolidative mode below 1.1100 into early European trading, with little of relevance on the cards amid X-mas Eve thin market conditions. China announced on Monday that it would lower import tariffs from January 1 on around 850 US products – ranging from frozen pork to some type of semiconductors. However, China has stepped up criticism that the US is interfering in Hong Kong, Taiwan and other matters that it considers internal. The pair held steady and was seen oscillating in a narrow trading band through the Asian session on Tuesday. In absence of any major market-moving economic releases, either from the Eurozone or the US, the pair seems more likely to continue with its subdued trading action. German banks will be closed on Tuesday, while the US markets will close earlier on the back of Christmas Eve and hence, liquidity is expected to remain low, which might further contribute towards limiting any meaningful move for the major. 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 […]
24-Dec-2019
NZD/CHF Forms Head And Shoulders Chart Pattern The head and shoulders chart pattern is a reversal pattern and most often seen in uptrends. Not only is head and shoulders known for trend reversals, but it’s also known for dandruff reversals as well. A head and shoulders pattern is also a trend reversal formation. It is formed by a peak (shoulder), followed by a higher peak (head), and then another lower peak (shoulder). A “neckline” is drawn by connecting the lowest points of the two troughs. The slope of this line can either be up or down. Typically, when the slope is down, it produces a more reliable signal. 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 […]
23-Dec-2019
BTC/USD, “Bitcoin vs US Dollar” WHAT TO EXPECT The crypto market cap moved up by 4% to $197.67 billion, on 30.1 billion of traded volume during the last 24 hours, which is a 64.25% increase. The bitcoin dominance grew slightly and is now 68.65%. BTC/USD is moving upwards; it has formed an upside continuation pattern at 7355.00. Possibly, today the pair may test this level from above and then resume growing with the short-term target at 7688.00. Later, the market may start a new correction to return to 7355.00 and then resume the uptrend with the key target is at 10000. 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 […]
23-Dec-2019
GBP/USD Forecast: Hard-Brexit fears to keep pound pressured Flag chart pattern are primarily known for signaling a continuation of the previous trend. The flag chart pattern is formed right after a bullish or bearish price movement followed by a period of consolidation. This is where price tends to take a pause before continuing in the original direction of the trend. As we can see…our chat technically….forms a flag bullish pattern and we wait for price to continue the up trend …….. But Fundamentally……..we could see :The GBP/USD pair reached a multi-week low of 1.2978 and finished last trading week around the 1.3000 figure, as fears of a hard-Brexit weighed on the pound. Concerns were triggered by PM Johnson, as he ruled out the possibility of extending the transition period beyond 2020. Better-than-anticipated UK data failed to support Sterling, with the kingdom’s GDP revised higher in Q3 to 0.4% from 0.3%. On Friday, the UK Parliament passed the Withdrawal Agreement Bill, paving the way for the UK to leave the Union by January 31. The bill will now move to the House of Lords and is expected to pass with no issues. That said, the market may read this event as negative, as it will lift odds of a no-deal […]
22-Dec-2019
LONG:GBP/USD A Quiet Week Ahead Trading volume is likely to be low this trading week amid holidays. Look at price touching our support for an entry … The economic calendar shows a few releases. On Monday in the US, the Durable Goods Order report is due. Trump’s impeachment and the negotiations between the US and China could dominate headlines. “In the UK, focus is on the Brexit process but given PM Boris Johnson’s large majority, it seems that nothing can prevent the UK from leaving the EU by 31 January. Focus is set to turn to the upcoming negotiations on the future relationship. Investors, who initially rallied on Johnson’s big election victory, have become more concerned this week, as he intends to write into law that the transition period cannot be extended”, explained analysts at Danske Bank. Signal Specification Pair:GBP/USD Entry Type:Long Entry: 1.27938 Tp: 1..33123 Sl: 1.26056 R/R: 2.76 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 […]
22-Dec-2019
CAD/JPY:A Double Top Is A Reversal Pattern A double top is a reversal pattern that is formed after there is an extended move up.The “tops” are peaks which are formed when the price hits a certain level that can’t be broken.After hitting this level, the price will bounce off it slightly, but then return back to test the level again.If the price bounces off of that level again, then you have a DOUBLE top! In the chart you can see that two peaks or “tops” were formed after a strong move up. Notice how the second top was not able to break the high of the first top.This is a strong sign that a reversal is going to occur because it is telling us that the buying pressure is just about finished. We expecting a breakout @ 81.296 around the neckline area….. 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 […]
22-Dec-2019
GBP/CAD exchange rate might edge lower within next week trading sessions……. All things being equal, the GBP/CAD exchange rate might edge lower within next week trading sessions, after price broke our trendline….we wait for a pullback before a nice drop we start……….However, technical indicators demonstrate that the currency exchange rate might continue its upward movement during todays trading days. Meanwhile there are various high impact news coming out for the GBP today: (Retail Sales m/m, MPC Official Bank Rate Votes,Monetary Policy Summary, Official Bank Rate) Caution on all GBP Pairs………. 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. […]
19-Dec-2019
CAD/CHF 4H Chart: Likely to maintain channel The Canadian Dollar has been depreciating in a descending channel pattern against the Swiss Franc since November . The currency pair surged up trading currently @ 0.74547 and price had being struggling to touch our upper trendline @ 0.74800…we looking at price reaching the level and drop down to 0.7400 zone……… All things being equal, the CAD/CHF pair will most likely continue to trade in the descending channel pattern til next week trading sessions. The possible target will be at the 0.7400 zones. 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: […]
18-Dec-2019
Short:EUR/USD: Rejected Our Trendline Resistance, Eyes German IFO and Lagarde’s Speech The selling interest in EUR/USD has picked up pace following repeated failures to beat our trendline resistance and we waiting for a pull back to have a nice entry……. a bigger slide could unfold in Europe if key German data disappoints expectations. ECB’s Lagarde is unlikely to sound dovish. Signal Specification Pair:EUR/USD Entry Type:SHORT Entry: 1.11862 Tp: 1.08360 Sl: 1.13921 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. 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 my trading experience, it is not an invite or recommendation to trade. […]
18-Dec-2019
AUD/USD bulls need the pair to recover above 6910 to maintain the buy signal Buyers has the potential to lift the pair towards Friday’s swing high, around the 0.6935-40 region, before bulls eventually aim towards the key 0.70 psychological mark. AUD/USD bulls need the pair to recover above 6910 to maintain the buy signal. A break above the October/November 6928/29 high acts as a further buy signal targeting 6940, 6965/70 & 7010/20. The last line of defence for bulls is the 6885/75 support which just held on Friday. Longs need stops below 6860. A break lower signals sideways direction for the pair going forward for weeks, possibly months. 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 […]
16-Dec-2019
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