We might see 1.0940-1.0950 but stops should be at 1.1050. If 1.1050 holds 1.0620 is the target. But..we will see. It is a counter trend at no more then 0.3 % overall risk is recommended.

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NZDUSD has been showing signs of strength in recent sessions. Adding to that the economy in New Zealand has expanded by 0.8 % in last quarter of 2014 so we can expect further bullish continuation towards 0.7675 and 0.7740 subsequently. The price has ...

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Both MACD and price action confirmed the momentum, so i took it on the spot.

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Because momentum was high I took a "trigger happy" trade. Immediate breakout of 55 and 40 . News driven move was completely faded when USDCAD failed to close and break h1 master candle. That was a signal to take a short on diving board failure. Of ...

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Exited at 1.2585 ! +70 pips image image

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yep i took a break of 55 and 40, + 30 now

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Well done!!

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USDCAD has made a diving board pattern and we can see a strong recovery for the pair. 1.2640 needs to hold but if it breaks the pair will target 1.2570 is the target for diving board pattern and if it overshoots it , 1.2780 will be a target. CAD ...

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If it hits, we might have a short out there, but also watching for 1.0740. As long as EUR is above 1.0655 its bullish

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Good one ! Technically 1.0655 longs are very justified ( as seen in yesterday analysis )

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EURUSD has broken IMPORTANT 1.0655 and hit the first target.

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EURUSD is currently consolidating above 1.0655 . We can see 6 consecutive closes above 1.0655 on hourly chart and only if we see a candle close below 1.0655 the pair might proceed to 1.0630 ( daily low ) and 1.0570 L4 support. Currently the pair is ...

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I am really glad we help you in trading , keep it going!

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And it happening now. 1.0650 gave resistance , now its 1.0705.

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USDJPY could have another spike, i agree Definitely, now we need to use word "patience" lol.

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Hey no patient was mentioned but the thing is they were a bit dovish with statement, and were not exact with rate cuts. Yellen sounded hawkish as to balance things up. I posted the most important points if it wants to proceed higher again it needs ...

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I have listened to FOMC conference. FOMC statement is dovish for USD while Yellen speech was bullish. She tried to balance things up. General idea is to weaken USD to balance exports ( as strong USD hurts the economy )but still i think the market ...

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Wow...nice moves....2 bad they are not trend moves..

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READ this ARTICLE. Quite good. Taken from FXlive

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