Community
Blog

Community Blog

Add post
Filtered by tags:  Bias
Avatar

DAY 4 - STRUCTURE & BIAS OF THE MARKET

alifari Posted 4 Aug.  in #Trader's blog #Market #Bias #Structure
"Focus more on the structure and bias of the market, rather than looking for setups. If you are clear on the structure and bias, trade opportunity will reveal itself"
Identifying Highs & Lows is essential part of my trading. It saves me from being on wrong side of market majority of times. Lot of traders get stuck into conventional way of drawing highs & lows, but fail to understand its not about perfection, its about understanding market pulse by taking guidance from past swings, concentrating …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Next week forecasts

FreeLancer Posted 19 Nov.  in #Trader's blog #Trading #Currency #Bearish #Bullish #Bias
Friday euro was headed for a 10th straight loss against the USD.
The path for the euro doesn’t look much good in the short term, with an Italian referendum and mor monetary stimulus from the ECB.
For the next week forecast
EURUSD:
Bias: Bearish
The pair was downwards last week, going below the resistance 1.0600 (+-)
There is a possibility of further downwards movement
USDJPY:
Bias: Bullish
A strong bullish pattern as been confirmed
The outlook on JPY pairs remains bullish for this week .
GBPU…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

AUD/USD-Bullish Reversal !

Metal_Mind Posted 23 Feb. as Analysis on AUD/USD, Target: 0.9118, Date: 1st of April, 12:00 GMT  in #Technical analysis #AUD/USD #Reversal #Bullish #Rally #Fan #Lines #Retracement #Bias

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fan Lines,Support & Resistance,EMA:3,5,13,21,50,100,200.
Current Level : 0.8979
AUD/USD is in a very interesting set up right now. If we watch closely on the 4 Hours chart we can see that the pair made a major resitance at (0.9095) and afterwards descended in a bearish trend forming an important support zone at the (0.8660) price level from where the price action started another rally.
As we can see we had in the first half of…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

3 Comments
Metal_Mind avatar
Metal_Mind 27 Mar.

UPDATE 1: Excelent prediction. I anticipated very well the bullish reversal and this occured  as i predicted it in two phases with 2 higher supports zone as i draw it in my chart. The target has already been reached , the current price level is 0.9263 that beeing a  140 pips deviation above target. Excepting the deviation the prediction is excelent.

Metal_Mind avatar
Metal_Mind 28 Mar.

UPDATE 2: Today the pair seem to make a minor retracement. The closing  price was 0.9253 reducing the deviation to 130 pips. The prospects are good for this prediction.

Metal_Mind avatar
Metal_Mind 31 Mar.

UPDATE 3: Current price level is 0.9270  which  increases the deviation to 152 pips.With only several hours to go , without any event the target looks pretty far.

orto leave comments

Top bloggers

Blogger Posts / Likes

Top rated posts