Month: August 2018

Five patterns to look for Japanese candlesticks are the building bricks of the market. It’s necessary to train your eyes to distinguish their patterns so that you can look beyond the piles of price blocks and be able to read and foresee the movements of the price. Traders often focus on reversal candlestick patterns, although
The S&P500 is evolving in a bullish channel with rising and widening simple moving averages.  After overshooting above the bullish trendline the market is finding support just above it. Although the market is quite topish with a rising wedge and a trendline overshot the trend is your friend and there is no sign of a Are you still interested in trading Forex but worried about losing money? I made this 10 minutes video to show you how to change this fast & simple. Just click this link to watch it right away… Alos …here is our brandnew 2018 Renko workshop…enjoy
50% and 100 hour MA eyed As London traders head for the exits, the GBPUSD is leaking to the downside.   Technically, the price has moved to the test the 100 hour MA and the 50% retracement at 1.29484 and 1.20437.   Below that level is the swing levels from August 22 and August 28 at 1.2935
In light of preliminary figures for EUR futures markets from CME Group, investors added around 1.8K contracts to their open interest positions on Thursday from Wednesday’s final 531,200 contracts, recording at the same time the fourth consecutive build. Volume, instead, decreased by more than 4.5K contracts after two consecutive builds. EUR/USD looks to the 55-day
Latest data released by Istat – 31 August 2018 GDP +1.2% vs +1.1% y/y prelim ForexLive The quarterly reading remains unchanged and is the weakest in two years while the yearly estimate is revised slightly higher by a tick to +1.2%. Not a significant revision by any means as the yearly estimate also remains the
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