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- Submitted Jul 27, 2016|From thinkmarkets.com
After today's inflation data we noted the subdued bullish reaction from AUD bulls and now on guard for bears to take back control. As we await post-Brexit data from Europe this week, we suspect only mediocre data from the area is required to send ...
- Submitted Aug 10, 2015|From thinkforex.com
Since the intraday break below 1.092 and prompt reversal AUDNZD has rallied over 420 pips in four sessions, suggesting the 1.0893 low was the end of an ABC correction. We cannot yet rule out another leg or two lower (to form a Double Zig Zag or ...
- Submitted Aug 7, 2015|From thinkforex.com|5 comments
Yesterday's close provides several clues which makes me suspect a downside break of 1.5464 is pending. The open to close (OC) range engulfed the previous OC range, produced a 10-day intraday low and closed at an 8 day low. The fact it also closed ...
- Submitted Jul 20, 2015|From thinkforex.com
Whilst I suspect Euro is headed towards the multi-year lows I do not expect it to be the one-way bet, straight affair. Bounces can be expected which could provide decent areas of resistance to consider fading into. Having finished on Friday at the ...
- Submitted Jun 10, 2015|From thinkforex.com
Tomorrow could provide an exciting Asia session, assuming volatility is your thing, as RBNZ provide their OCR decision and AUD traders eagerly await employment figures. Over the past five weeks the currency pair has exhibited four indecisive ...
- Submitted Jun 3, 2015|From thinkforex.com
WTI appears set to re-test the annual highs of $63.25, assuming it can take advantage of USD weakness and the pending OPEC meeting. We did indeed see the swing low at 56.65 support, with the low producing a Bullish Hammer on D1. The gains since this ...
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ThinkForex_MS replied Mar 10, 2015Thanks for the suggestions - unfortunately but we cannot sync trades after the event (and you'd need the website to access WebTrader).
ThinkMarkets Discussion
- ThinkForex_MS replied Mar 9, 2015
The ThinkForex website, MT4 server and cPortal are now all fully functional. There was downtime of the website and MT4 but neither were down for the full 14 hours. Again we sincerely apologise for the inconvenience and assure you we have been ...
ThinkMarkets Discussion
- Submitted Feb 26, 2015|From thinkforex.com|4 comments
The Aussie goes into tonight's 'Nylon' session firmly on the back foot where US GDP gets the final say for the week. Wednesday's 4-week high required three data sets to break it above 0.748 resistance. The fact it toppled over on the back of US ...
- ThinkForex_MS commented Feb 8, 2015
The initial H&S hit target quite quickly after that post. The larger one is debatable. I made a point of starting with "A trade idea to satisfy those with a much longer holding time" and "This could be considered more of an investment than a ...
CADJPY: Potential Head and Shoulders top forming
- ThinkForex_MS commented Feb 6, 2015
In contrast, this one turned out quite well... url But of course, had it not worked, could have also been labelled a 'hindsight bottom'. Nothing wrong with expressing your opinion usdoutlaw so don't need to be afraid of jinxing yourself by ...
CADJPY: Potential Head and Shoulders top forming
- ThinkForex_MS commented Feb 6, 2015
Well that's just the thing - the H&S was never confirmed, as this would have required a break below the blue neckline which didn't happen. And you do not know it is a bottom until after the event. As for trading it you either jump in before (as you ...
CADJPY: Potential Head and Shoulders top forming
- ThinkForex_MS commented Feb 5, 2015
It reached my fib zone 2 weeks ago... Down from IMO herehttp://www.thinkforex.com/getattachment/bdaa7d84-e854-42e4-b736-8bbd591eba94/Newsroom_311.png.aspx; GDT was a nice boost before Wheeler said 'rates on hold for some time' (which is the new ...
AUD/NZD Stalling at Key Fibonacci Level
- ThinkForex_MS commented Feb 4, 2015
Thanks for taking the time hayseed! TBH on the rare occasions I see textbook patterns they tend to fail. Trade well
CADJPY: Potential Head and Shoulders top forming
- ThinkForex_MS commented Feb 4, 2015
You raise a valid point here and something I'd like to elaborate on. It comes down to analysis vs trading. I personally found that if you look at 'true' definitions of TA patterns you spend more time analysing than trading. Over the years I have ...
CADJPY: Potential Head and Shoulders top forming
- ThinkForex_MS commented Feb 4, 2015
Which makes your English superior to 90% of English natives. Something for me to improve on and perhaps not be so eager to hit 'publish'. All good.
CADJPY: Potential Head and Shoulders top forming
- ThinkForex_MS commented Feb 4, 2015
(On a side note, I wish these so-called "professional" analysts would at the very least proofread their copy before posting it or have a native English speaker do so....)[/quote] Fair comment - apart from the 'native' speaker bit...
CADJPY: Potential Head and Shoulders top forming
- ThinkForex_MS commented Feb 4, 2015
It’s not a head and shoulders yet – hence the word ‘potential’. And who says the run is over? May be, maybe not. That's up to the market.
CADJPY: Potential Head and Shoulders top forming
- Submitted Feb 4, 2015|From thinkforex.com|23 comments
With weaker oil, soft manufacturing data for Canada and inflows to JPY with Euro uncertainties then CADJPY is an ideal shorting candidate. Technically CADJPY may offer a decent opportunity to get short with several areas of resistance to consider ...
- Submitted Jan 26, 2015|From thinkforex.com|1 comment
ThinkForex, a global leader in foreign exchange (‘forex’, ‘FX’), metals and CFD trading, have just been approved by the Financial Conduct Authority (FCA) and have hired a strong Management team both in London and Australia. ThinkForex are now ...