On NZD / CAD caught movement to the point 5 wave analysis, but the price, in accordance with the prevention jumped from 50 Fibo. We expect a fall in price. On GBP / JPY earned on the go at the top of the point and the formation of a double top. For ...

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Forex is the risk of getting and losing everything. In order to be successful in forex trading, you need to properly manage risk. For a start, assess your risk that you will be successful in forex trading against the fact that you will give the ...

university or more time for trading

On NZD / CAD, according to the wave theory, we can see the formation of the fourth line (down) it is followed by growth to the point 5, and then a correction, which can break in a long trend movement, because a larger timeframe traced bearish trend. ...

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The next week on AUD / USD, you can see that the price is almost at the point 5, according to Elliott wave analysis is likely to be a correction to the A-B the following week. image

An effective strategy and account with stable profit!

It clearly shows the "head and shoulders". The next week can expect to fall and the end of the formation of the shoulder. Thus, the pending order shown in the illustration, is not relevant. image

An effective strategy and account with stable profit!

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Bar chart patterns?

I am sorry. I was inattentive.

Bar chart patterns?

This is a good sorce. A lot of useful information! One more link. url

Bar chart patterns?

Eur/Jpy. The divergent triangle confirms forecasts, according to the Elliott theory, as described above in a thread. Probably break through the upper boundary after a rebound from the bottom. image

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Good observations! In my opinion, in the next week more likely to move down to the lower boundary of the triangle, because it seems to me that the price is at the stage of correction of "A" and expected a correction downward movement. image

Triangle breakout trading only here

Good weekend. Further forecast later. Today's quote: "Do not be greedy - have wealth, do not be wasteful - income". Cicero Regards DenForex

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Also we expect the confirmation of the prediction, which I posted earlier. Perhaps the movement according to the figures of "head and shoulders". Wave analysis confirmed this prediction. image

An effective strategy and account with stable profit!

Habits can be called money management. - Correct calculation of risk - reasonable use stop - orders - Volume control - The timely closure of unprofitable trades For habits also include reflex search of established patterns and shapes during trading.

What habits make your trading profitable?

The result today and the forecast for next week. next week, expect the breakdown pieces on the USD / JPY (I advise you to put the pending orders in both directions) image

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My prediction for the USD / JPY was true. Profitable trades today. image

An effective strategy and account with stable profit!

I agree with you. But I think that the fifth wave is quite weak, and correction of A-B-C - a long and extended. Also keep in mind that Monday could be a gap in price. image

An effective strategy and account with stable profit!

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An effective strategy and account with stable profit!

So, I made the wave analysis of USD / JPY. The pair is at the top, and it tends to be down, perhaps just as happened yesterday. As can be seen on the top of the figure, the pattern of a bearish engulfing, giving a sell signal. But in my case, the ...

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Correction of USD / JPY image

Renko Trading Discussion

My profit is now added to the order on the EUR / GBP. According to the figure of "head and shoulders" I put a sell order, which eventually closed at TakeProfit. image

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