-
Featured Post from Macplauz
by , 05-16-2013 at 05:24 AM
Price manipulation in the Forex market - Observation in the Euro/US Dollar
A very important aspect in Trading Forex in my opinion is that price is most often pushed/ (particular at news release) to slightly penetrate or break Support/Resistance zones (for example recent Highs/Lows/Pivot Points or in general where stops are anticipated) to trigger the stops and often reversing after completing the stop run and targeting the opposite zone where stops are anticipated (for example the stops of the fooled breakout traders). The manipulation aims to catch the stops and to fool breakout traders at Support and Resistance or striking levels for example highs/lows and psychological numbers. This allows market manipulators to position themselves
...
-
Featured Post from forexheatmap
by , 04-16-2013 at 10:03 PM
EUR is strong on almost all pairs.
EUR/USD – strong up trend building, set price alarm at 1.3200, potential to 1.3600 area
EUR/GBP – D1 up trend in place set buy alarm at 0.8590, potential to the 0.8735 area resistance.
EUR/AUD – strong up trend building, set buy alarm at 1.2720, potential uo to the 1.3000-1.3100 area.
When the price alarms hit verify any entries in the main session with The Forex Heatmap® and look for EUR strength or cross currency weakness or both upon entry.
Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans And Live
Entry Signals For 28 Currency Pairs
$19.95 per month
...
-
Featured Post from forexheatmap
by , 04-07-2013 at 10:17 PM
If the USD is weak in the main session these three pairs have potential, the D1 trends are in place but the W1 trends are not in agreement.
GBP/USD – D1 up trend, set buy alarm at 1.5360, next resistance is 1.5525
USD/CHF – D1 down trend in place set sell alarm at 0.9315, potential down to 0.9100
The EUR/USD also has a D1 up trend in place but this pair is choppy so only consider strong heatmap signals on a buy.
When the price alarms hit verify any entries in the main session with The Forex Heatmap® and look for USD weakness or cross currency strength or both upon entry.
Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans
...
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.
English
Español
Français
中文
Deutsch
Italiano
العربية
Sverige
Ελληνικά
0 Comments 
Recent Comments
