Community
Blog

Community Blog

Add post
Filtered by tags:  Golden Cross
Avatar

Is there a chance to invest in gold next?

Ally999 Posted 3 May  in #Golden Cross
I also like to make friends with big investment guys, haha
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

EUR/JPY bounces on technicals and improved risk sentiment

al_dcdemo Posted 6 Mar.  in #Trader's blog #EUR/JPY #Support #Resistance #Golden Cross #Key Reversal #Risk Sentiment #D1 Chart
EUR/JPY posted a key reversal on the daily chart yesterday, after trading to the lowest level since last August and touching 50 and 200 WMA. The first average is about to cross above the second one, a.k.a. the golden cross. While I expect euro to remain supported, much will depend on yen. If we do get a deeper retracement, I'd expect 133 - 134 to cap it, at least initially.
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

ЗОЛОТОе ПУТЕШЕСТВИЕ TOMIRIS TENGRI.

POWERFUL_TRADERS Posted 30 Dec.  in #Gold #XAU/USD #Xauusd #Golden Cross #Золото #Gc #Gold Analysis #Powerfultraders #Golden Rules #Голд
Всем Трейдерам привет и с Наступающим Новым Годом!
Желаем Всем, Здоровья, Счастья, Успехов и Процветания в Новом 2018 году!
По неоднократным просьбам наших подписчиков, представляем Вашему вниманию анализ фьючерса GC (gold) в спектре Волновой и Объёмной аналитики от 28.12.2017 по 31.01.2018г.
Глобально, восходящая картина очевидна.
Ожидаем продолжения аптренда к целям 1307.00, 1310 (не исключаем 1320.00), далее снижение в рамках коррекции к целям 1290.00, 1280.00, 1270.00 и после продолжение вос…
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

Kiwi pullback may not yet be over

al_dcdemo Posted 30 Aug. as Analysis on NZD/USD, Target: 0.7125, Date: 2nd of October, 12:00 GMT  in #Technical analysis #Daily Chart #NZD/USD #Pullback #Golden Cross #Weekly Chart #Technical Tools #Net Long Positioning #Neutral Rbnz
Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Kiwi confirmed the 0.685 support as 2015 - 2016 support/resistance line held. The pair broke above 200 week SMA, 50.0% retracement of the 2014 - 201…
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 –

10 Comments
View 5 more comments
al_dcdemo avatar
al_dcdemo 19 Sep.

UPDATE 6: Kiwi remains supported but contained ahead of the general election on the weekend. There's also New Zealand second quarter GDP coming up on Wednesday evening (Thursday morning in N.Z.), just a couple of hours after the FOMC decision. The pair is bumping into 0.73 - 0.7350 area, which capped the pair in 2016 and earlier this year, and includes 50 DMA. A successful break would put 0.75 back into focus. 0.72 is the first stronger support, reinforced by 100 DMA.

al_dcdemo avatar
al_dcdemo 20 Sep.

UPDATE 7: Fed remains on track with monetary policy. Balance sheet adjustment will commence in October. Most members are expecting another hike this year. Three more hikes are projected for 2018. Neutral rate was downgraded to 2.8% from 3.0%. Market clearly expected something less hawkish from them. The dollar rallied across the board but the rally run out of steam after 100 - 150 pips of gains. Any further gains may not last because, fundamentally, nothing really changed today.

al_dcdemo avatar
al_dcdemo 21 Sep.

UPDATE 8: New Zealand GDP came in as expected, at 0.8% QoQ and 2.5% YoY, but that did little to support the pair which was already being offered following more hawkish than expected Fed. Pre-election adjustments also going on. The pair traded to as high as 0.7430 yesterday but has so far retraced to 0.73. It is currently stalling near 50 DMA. Some further correction is possible with 0.7250 and then 0.72 the support levels to watch. 0.7350 is the initial resistance.

al_dcdemo avatar
al_dcdemo 1 Oct.

UPDATE 9: It seems that U.S. dollar finally found some traction. A rise in treasury bond yields after more hawkish than expected Fed last week is one part of the story. The other is that despite all difficulties in passing new healthcare bill, U.S. tax reform may prove to be a success for Administration. In any case, market got ahead of itself on the convergence trade and what we are seeing now is probably just a healthy retracement and not an outright reversal. Another supportive factor for the U.S. dollar is that any weakness in September data will be dismissed due to hurricane impact.

al_dcdemo avatar
al_dcdemo 5 Oct.

UPDATE 10: Kiwi dollar looks heavy as it holds just above 200 DMA. The currency is being weighed on by the wait for the election outcome, which could still take a few more weeks, by October 7th or even 12th. The mentioned moving average is the immediate support and August low is the next one. If that gives way, 61.8% retracement of the May - July rally will come into focus. 0.72 is the first stronger resistance level.

orto leave comments
Avatar

Kiwi to gain some more in August

al_dcdemo Posted 30 July as Analysis on NZD/USD, Target: 0.7575, Date: 1st of September, 12:00 GMT  in #Technical analysis #Daily Chart #NZD/USD #Golden Cross #Strong Rally #Weekly Chart #Technical Tools #Net Long Positioning #Neutral Rbnz
Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Kiwi confirmed the 0.685 support as 2015 - 2016 support/resistance line held. The pair just broke above 200 week SMA, 50.0% retracement of the 2014 …
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 –

14 Comments
View 9 more comments
al_dcdemo avatar
al_dcdemo 24 Aug.

Thanks a lot :)

al_dcdemo avatar
al_dcdemo 24 Aug.

UPDATE 7: Price action has been pretty sedate so far this week with most major currency pairs sitting near the middle of their weekly ranges. Euro and Canadian dollar are the only two that are marginally better than the U.S. dollar. There's been a little bit more action in the New Zealand dollar but selling stalled ahead of the strong support at 0.72. Tomorrow could prove to be the most lively day of this week with German Ifo Business Climate, U.S. (Core) Durable Goods Orders and Day 2 of the Jackson Hole Symposium which will bring Fed Chair Yellen and ECB President Draghi speeches.

al_dcdemo avatar
al_dcdemo 26 Aug.

UPDATE 8: Speeches by Yellen and Draghi at Jackson Hole Symposium met expectations. Yellen didn't even talk about monetary policy while Draghi avoided giving any new information on what the ECB may do in autumn. Lack of hawkish clues from Yellen were enough to send the U.S. dollar lower across the board and then later some upbeat comments from Draghi (even though he warned about inflation not yet being self-sustained) propelled euro to a new two-year high. Yen, pound and Australian dollar were flat on the week while New Zealand dollar was the laggard.

al_dcdemo avatar
al_dcdemo 31 Aug.

UPDATE 9: U.S. dollar index broke to the lowest level since 2015 on Monday before staging a sharp pullback. That coincided with euro breaking above 1.20 and 2012 low (1.2040) and franc below 0.95. Yen was once again contained by the strong support at 108. Kiwi is out of favour ahead of N.Z. general election. Canadian dollar sold off hard yesterday but already recouped all losses and some after exceptional GDP figure. Australian dollar has been the least volatile of the bunch but with some impressive reversals. NFP report tomorrow will be a nice finale to this exciting week.

al_dcdemo avatar
al_dcdemo 1 Sep.

UPDATE 10: U.S. jobs & wages report for August fell short of expectations on most metrics. August is historically weak with regard to NFP figure but Wednesday's strong ADP figure gave dollar bulls some hope that this time was different. It wasn't and the immediate reaction was to sell the dollar. The report itself was not great but was solid enough and subsequent price action seemed to agree. The U.S. dollar ended the week higher against euro, franc, yen and New Zealand dollar, and lower against pound, Canadian dollar and Australian dollar.

orto leave comments
Avatar

Who is using the Golden cross over strategy...

Narenraj  in #Technical analysis #Technical #Moving Averages #Forex Robot #Golden Cross #Technical Forecast #Fibonacci Level #Technical Trading
Who is using the Golden Cross over strategy ,, and im curious to know is it reliable.
Golden cross is when a 50SMA crosses 200SMA.
Technically buy when 50SMA crosses 200SMA from bottom and sell when 50SMA cross 200SMA from top time frame 15M for intraday.
so far my trading experience with golden cross works with probabilities,
hence im curious to know from other golden cross traders experience and money management.
if any one using please reply.
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

For the moment a sideways movement is more likely

marius24 Posted 30 Oct. as Analysis on USD/CHF, Target: 0.9762, Date: 1st of December, 12:00 GMT  in #Technical analysis #Triangle #USD/CHF #Golden Cross #Bullish Breakout
Currency Pair:Usd/Chf
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.9879
Trend: consolidation (daily)
Possible trading range:0.95 - 1.00
Technical analysis: A bullish breakout from a triangle may turn very soon in a fake one
Forecast:Next month i anticipate a heavy battle between bears and bulls above 0.9760 level, but we must not expect a significant rally. Not yet.I would rather go for a consolidation with a bearish tilt
My target: 0.9762
Daily (below)
4 Hour (below)
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

Consolidation with bearish tilt

marius24 Posted 30 Oct. as Analysis on EUR/USD, Target: 1.0973, Date: 1st of December, 12:00 GMT  in #Technical analysis #Consolidation #EUR/USD #Golden Cross #H S #Death Cross #Flag Pattern
Currency Pair:Eur/Usd
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 1.1017
Trend: consolidation (daily)
Possible trading range:1.08 -1.13
Technical analysis :This pair has left behind a very clear bearish flag pattern located on the daily chart with the break point situated at around 1.1070. In normal conditions we must see first the 1.08 level followed by a rebound towards at least the 1.12 handle. In this way another bearish pattern called H&S will have some chanc…
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

Consolidation

marius24 Posted 31 July as Analysis on GBP/CHF, Target: 1.4930, Date: 1st of September, 12:00 GMT  in #Technical analysis #Double Bottom #Breakout #Consolidation #GBP/CHF #Golden Cross
Currency Pair:Gbp/Chf
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 1.5040
Trend: uptrend
Possible trading range:1.47-1.53
Signals:A golden cross is underway on the daily chart. On the background we have also a massive double bottom in process of completion
Forecast: I don't expect a decisive breakout above 1.5180 because the fundamentals are not in place for this to happen. Therefore i choose sideways trading on this pair in the next period
My target: 1.4930
Dai…
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 –

4 Comments
marius24 avatar
marius24 10 Aug.

update: the price managed to break a double bottom neckline around 1.5190 and headed for a short period towards 1.5370. It's quite hard to see form this point futher upside moves and that's why i remains in favour of some retracements and consolidations

marius24 avatar
marius24 19 Aug.

update:Somehow the bulls managed to keep the price above an important neckline (1.5190) belonging to a massive double bottom. So far we hit 1.54 handle but i see limitted scope for further upide moves unless the pound decides to gain more ground on the back of a better CPI figures. Current price: 1.5266

marius24 avatar
marius24 26 Aug.

update:The bulls have capitulated and lost a very important stronghold situated at around 1.5190. The recent sell off in stocks markets has prompted the investors to seek refugee once again in the CHF. Ths situation remains volatile and further appreciations of the frank are still possible. Current price - 1.4770

marius24 avatar
marius24 1 Sep.

update: the price is hovering around 1.48 quite far from my target taking into account that we are only 2 hours till this month ends. Let's see if the bulls are strong enough to push the price even higher . A triple bottom is on the table right now.

orto leave comments
Avatar

Consolidation in the sight

marius24 Posted 31 July as Analysis on EUR/CAD, Target: 1.4152, Date: 1st of September, 12:00 GMT  in #Technical analysis #Ecb #Fed #EUR/CAD #Inverted Head And Shoulders #Uptrend #Golden Cross
Currency Pair:Eur/Cad
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 1.4308
Trend:uptrend
Possible trading range:1.39-1.46
Signals:At first glance on daily chart we can see an inverted head and shoulders pattern which is right now under way. Another bullish sign is a golden cross
Fundamentals: IF the oil prices stop declining in the month ahead then there is no reason to see further depreciation in the value of loonie. On the other side euro is under pressure due to …
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 –

2 Comments
marius24 avatar
marius24 10 Aug.

update: In contrast to the Eur/Aud this pair has headed higher but remained  in the same consolidation range between 1.4170 and 1.4455. The bulls aim to complete a masive inverted H&S pattern situated on the weekly chart, but it is a long way to there. The outlook remains tilted towards further consolidation

marius24 avatar
marius24 19 Aug.

update: This pair has entirely followed suit the Eur/Aud pair in these last 10 days. Only a dovish tone coming out of the FED minutes will be enough for the bulls to take over the control and to push the price above 1.4640. Otherwise i expect a slow decline towards 1.4120 from the current price of 1.4420 is very likely.

orto leave comments
More

Top bloggers

Blogger Posts / Likes

Top rated posts