Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
View RSS Feed

Recent Blogs Posts

  1. Current AUD Trading Plans

    by , 08-28-2012 at 10:03 PM
    AUD weakness on many pairs.

    EUR/AUD – D1 time frame up trend set buy alarm at 1.2125, room to move up past there

    AUD/CHF – D1 time frame down trend set sell alarm at 0.9900, room to drop past there

    AUD/CAD – strong down trend in place set sell alarm at 1.0220, room to drop past there

    GBP/AUD – D1 time frame up trend set buy alarm at 1.5285, plenty of room past there

    When the price alarms hit verify any entries with The Forex Heatmap ® and look for AUD weakness or cross currency strength or both upon entry.


    Good Trading
    Mark Mc Donnell
    www.forexearlywarning.com
    Spot Forex Trading Plans Across 28 Currency Pairs
    ...
    Categories
    Uncategorized
  2. Current AUD Trading Plans

    by , 10-18-2011 at 10:24 PM
    AUD pairs are moving in two directions driven by their cross currencies.

    AUD/CAD – this pair is oscillating on the D1 time frame and is stalling on top of the cycle, start monitoring 1.0360 for a sell and potential is good down to the 1.0050 area. Keep this alarm in place until it hits.

    AUD/NZD – this pair in continuing in its strong uptrend, we would consider any strong buy signals on the heatmap, nearby resistance layers so be careful however the overall potential is back up to 1.3600

    When the AUD/CAD price alarm hits verify any sell entries with The Forex Heatmap ™ and look for AUD weakness or cross currency strength or both. When the AUD/NZD shows AUD strength or NZD weakness or both in the ...
    Tags: aud/cad, aud/nzd
    Categories
    Uncategorized
  3. Current AUD Trading Plans

    by , 01-11-2011 at 10:06 PM
    All three listed AUD pairs in the plans have intermediate D1 downtrends in place. The AUD/CAD has a strong downtrend in place

    AUD/USD – set sell alarm at 0.9800, we expect it to drop down to as low as 0.9600, intermediate downtrend in place

    AUD/NZD – set sell alarm at 1.2920, should test support at 1.2650

    AUD/CAD – set sell alarm at 0.9700, this pair has excellent pip potential and could drop for months, strong downtrend looks fully formed

    When the price alarms hit verify any sell entries with The Forex Heatmap ™ and look for AUD weakness or cross currency strength or both.


    Good Trading
    Mark Mc Donnell
    www.forexearlywarning.com
    Spot Forex ...
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.