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GBPAUD FALLING!!

Trading concept:Stochastic indicator and price action are the only indicators used on weekly and monthly charts.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short. When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below…
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EURo/dollar rose to 1.1100

The euro/dollar closed up on Wednesday. Trades were volatile due to US stats. The pair restored to 1.1087 and then again fell under pressure due to ISM data for the service sector. The ISM’s index showed a June rise from 52.9 to 56.5 (forecasted: 53.3).The euro bulls managed to restore their losses quickly as everyone was waiting for the release of the Fed minutes. The regulator is ready to raise rates, although members of the FOMC believe that more economic data is needed to take such a decisio…
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How to Maximize Your Profits

This is my new article of November article contest.
article is second part of previous article
http://www.dukascopy.com/fxcomm/fx-article-contest/?action=blog&user=Airmike
for all who want to support , please leave like and/or comment below the article.
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

How to Maximize Your Profits

This is my new article of November article contest.
article is second part of previous article
http://www.dukascopy.com/fxcomm/fx-article-contest/?action=blog&user=Airmike
for all who want to support , please leave like and/or comment below article.
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires