Forex Market ¨Technical Report of The Week Ahead¨

More Free Valuable Info, Trading Systems and Tools @ http://forexsolutions.tk/

 

 

 

XM/MT4 EUR/USD Daily Chart

 

 

 

 

The pair continues with the 65 day down trend that behaved normally and constant during these last days, at this point we must wait for some reversal movement but we talked about an important support level of 2013 but seems that the level has been reached and the price jump over it with no hesitation, now the next target in the history remains +300 pips away from the current price so we must be a little relaxed about an aggressive reversal movement till a hit on the next target @1,2636, if the price passes that level we´ll be waiting for a hit @1,2436.

 

These are the most important support and Resistance levels for this week:

Support 1 @1.2636 (Jan 15, 2012)

Support 2 @1.2436 (Jun 03, 2012)

Resistance 1 @1.3677 (July 01, 2014)

Resistance 2 @1.3909 (May 07, 2014)

 

XM/MT4 GBP/USD Daily Chart

 

 

 

 

 

The pair continue with a 47 day down trend and after finding a support level @1.6103 is now trying to recover the 200 pip reversion, at this point we must watch and cover our positions in case of a non planned price movement, we must remember that even if the price rises and passes the last top of the reversal level of last week, we must consider that the price´s actually and still down the 250 period EMA so we must count that we´re still in the right direction.

 

These are the most important support and Resistance levels for this week:

Support 1 @1.6100 (September 09, 2014)

Support 2 @1.5916 (November 04, 2013)

Resistance 1 @1.6384 (September 19, 2014)

Resistance 2 @1.6601 (August 29, 2014)

 

XM/MT4 USD/CHF Daily Chart

 

 

 

 

During this week we can still appreciate a massive acceleration of the price movements the same way we analyzed with EUR/USD currency pair except that much more vertically, we commented about an important resistance level that has been reached and passed without a price bounce, at this point we and considering the trend verticality we can wait for an aggressive reversal movement at anytime during this week so we must be aware of any possibility of a change of direction, covering our positions and reducing the lot size of the new ones.

 

These are the most important support and Resistance levels for this week:

Support 1 @0.9316 (September 19, 2014)

Support 2 @0.9176 (September 05, 2014)

Resistance 1 @0.9641 (June 30, 2013)

Resistance 2 @0.9705 (May 19, 2013)

 

XM/MT4 USD/JPY Daily Chart

 

 

 

 

For the third week we can observe an extremely vertical trend, in this case the price advanced last week much more than expected, these types of movements can be as profitable as dangerous because the same way of the market grows it could fall, remember that old Wall street said, ¨to make the price go up we need buyers, to make the price fall, we do not need nothing¨ i call it the gravity of the markets, we keep reminding you these aspects in this week´s report.

 

 

The next target for this pair is 90 pips away from the current price, the price doesn´t hit this level since 2008 and as we can observe in the chart this is a very important leve where in the past the price began a long and vertical trend that moved the price hundreds of pips down, once there we recommend to be aware of where the market moves and at any change you must cover your positions and reduce the lot size of the new ones.

 

 

These are the most important support and Resistance levels for this week:

 

Support 1 @101.40 (July 20, 2014)

Support 2 @ 97.18 (October 20, 2013)

Resistance 1 @110.78 (May, 2008)

 

 

We hope this weekly report help you to determine the most important reversal and continuation levels during the week, this data is not 100% accurate as the speculative system is, these numbers are a reference and definitely not represent a secure trading signal service, make sure to use your own trading system in parallel with the attached report to determine your own entry points.

Forex Trading can be a great source of income but is also a high risk business, make sure to complete your training in demo before start trading with a real Forex account and make sure that the money you invest comes from a secure source, we always recommend to avoid trading with money that you cannot  afford to lose.

forex divisas trading dinero mercado economia dinero rapido donde invertir

Forex Market ¨Technical Report of The Week Ahead¨

More Free Valuable Info, Trading Systems and Tools @ http://forexsolutions.tk/

 

 

 

XM/MT4 EUR/USD Daily Chart

 

 

 

 

The pair continues with the 65 day down trend that behaved normally and constant during these last days, at this point we must wait for some reversal movement but we talked about an important support level of 2013 but seems that the level has been reached and the price jump over it with no hesitation, now the next target in the history remains +300 pips away from the current price so we must be a little relaxed about an aggressive reversal movement till a hit on the next target @1,2636, if the price passes that level we´ll be waiting for a hit @1,2436.

 

These are the most important support and Resistance levels for this week:

Support 1 @1.2636 (Jan 15, 2012)

Support 2 @1.2436 (Jun 03, 2012)

Resistance 1 @1.3677 (July 01, 2014)

Resistance 2 @1.3909 (May 07, 2014)

 

XM/MT4 GBP/USD Daily Chart

 

 

 

 

 

The pair continue with a 47 day down trend and after finding a support level @1.6103 is now trying to recover the 200 pip reversion, at this point we must watch and cover our positions in case of a non planned price movement, we must remember that even if the price rises and passes the last top of the reversal level of last week, we must consider that the price´s actually and still down the 250 period EMA so we must count that we´re still in the right direction.

 

These are the most important support and Resistance levels for this week:

Support 1 @1.6100 (September 09, 2014)

Support 2 @1.5916 (November 04, 2013)

Resistance 1 @1.6384 (September 19, 2014)

Resistance 2 @1.6601 (August 29, 2014)

 

XM/MT4 USD/CHF Daily Chart

 

 

 

 

During this week we can still appreciate a massive acceleration of the price movements the same way we analyzed with EUR/USD currency pair except that much more vertically, we commented about an important resistance level that has been reached and passed without a price bounce, at this point we and considering the trend verticality we can wait for an aggressive reversal movement at anytime during this week so we must be aware of any possibility of a change of direction, covering our positions and reducing the lot size of the new ones.

 

These are the most important support and Resistance levels for this week:

Support 1 @0.9316 (September 19, 2014)

Support 2 @0.9176 (September 05, 2014)

Resistance 1 @0.9641 (June 30, 2013)

Resistance 2 @0.9705 (May 19, 2013)

 

XM/MT4 USD/JPY Daily Chart

 

 

 

 

For the third week we can observe an extremely vertical trend, in this case the price advanced last week much more than expected, these types of movements can be as profitable as dangerous because the same way of the market grows it could fall, remember that old Wall street said, ¨to make the price go up we need buyers, to make the price fall, we do not need nothing¨ i call it the gravity of the markets, we keep reminding you these aspects in this week´s report.

 

 

The next target for this pair is 90 pips away from the current price, the price doesn´t hit this level since 2008 and as we can observe in the chart this is a very important leve where in the past the price began a long and vertical trend that moved the price hundreds of pips down, once there we recommend to be aware of where the market moves and at any change you must cover your positions and reduce the lot size of the new ones.

 

 

These are the most important support and Resistance levels for this week:

 

Support 1 @101.40 (July 20, 2014)

Support 2 @ 97.18 (October 20, 2013)

Resistance 1 @110.78 (May, 2008)

 

 

We hope this weekly report help you to determine the most important reversal and continuation levels during the week, this data is not 100% accurate as the speculative system is, these numbers are a reference and definitely not represent a secure trading signal service, make sure to use your own trading system in parallel with the attached report to determine your own entry points.

Forex Trading can be a great source of income but is also a high risk business, make sure to complete your training in demo before start trading with a real Forex account and make sure that the money you invest comes from a secure source, we always recommend to avoid trading with money that you cannot  afford to lose.

forex divisas trading dinero mercado economia dinero rapido donde invertir

How to Understand the Right Side of the Charts

In last posts I’ve been talking about technical analysis and how to survive the markets, how to trade with the right mentality and another facts, the thing is that we all get scared when the time of real trading comes and you look at the right side of the chart especially when you open a trade and you start to think outside of your system, you maybe find that you had a poor analysis or base to open that trade, then as the market advance and the right side of the chart moves and shows the truth you could be calmed as your position make any profit or extremely scared as your trade shows a minimal lose.

Well the first thing we must confront is that the chart never lies and it is as fair as you can imagine, we cannot imagine a world where you watch your chart and it´s moving on long movements and you wait for a short just because you think the market´s going to move down, it will never be that way.

I say that the market is fair because it prize the good, disciplined, humble and smart traders account and destroy the amateurs, ignorant and not prepared traders, it is just like that fair, it is as the life itself, you receive what you grow, if you take $1000 of your pocket without a real training, not just that free e-book that brokers give you for opening an account, you´ll probably end with a margin call in less than a week, it could be less time, you´ll have more luck if you bet that amount at a casino.

We´ll never know what´s next, even with a hundred years of experience, even Warren Buffet ignores what´s next, the thing is that we cannot predict the future, and I bet that you have heard this more than one time, we get to work with what we have now, analyze, measure, trade and hope to be right, but even the higher risk with the best of the basis can result in great profits.

As Alexander Elder said, the past is concrete and clear, the future is fluid and not concrete, when you see the market is going out of your analysis, cut loses and get immediately out of the market.

These are some techniques for making a basic but effective prognostic of the future movements

• Analyze maximums and minimums, in a rising trend, higher maximums and lower minimums are a good sigh.
•  Drawing Trend lines is the simplest, easiest and effective wait to find entry points in the chart, it has been the first indicator through the history and still effective.
• Using an Exponential Moving Average of at least 13 periods, the price over or under the EMA is a sigh of a trend.
• Indicators as MACD and Directional System will help to identify the trends.

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¨Head Shoulders Formation @ USD/CHF Pair¨

  As you can observe in the image, the pair is forming or already formed a head shoulder figure @ 15 minutes chart, we hope you can look for pretty good shorts there and hopefully find interesting trading oportunities along the next hours, happy trading....

Forex Market ¨Technical Report of The Week Ahead¨

More Free Valuable Info, Trading Systems and Tools @ http://forexsolutions.tk/

XM/MT4 EUR/USD Daily Chart

 

The pair is now under an aggressive negative trend marked by a 51 day continuous falling of the price, from our perspective and at least until the 1.2770 level there are no possible chances of the price to form a retracement figure, we can predict an aggressive continuation  for the first days of the week, then and according to the price movements we must wait for a change of direction or at least a try, while we´re getting close to the weekend.

These are the most important support and Resistance levels for this week:

Support 1 @1.2838 (May 20, 2013)

Support 2 @1.2773 (July 10, 2013)

Resistance 1 @1.2970 (September 15, 2014)

Resistance 2 @1.3157 (September 03, 2014)

XM/MT4 GBP/USD Daily Chart

 

The pair is under a 39 day down trend, we could appreciate an aggressive retracement during last week but at the end of it the price could finally recover it direction to form a pullback which sigh us a secure target @ 1.5901, an important support level of Oct, 2013, signal of this week for looking for deeper movements of the price.

These are the most important support and Resistance levels for this week:

Support 1 @1.6103 (September 09, 2013)

Support 2 @1.5916 (November 04, 2013)

Resistance 1 @1.6384 (September 19, 2014)

Resistance 2 @1.6601 (August 29, 2014)

XM/MT4 USD/CHF Daily Chart

 

During this week we can appreciate a massive acceleration of the the price movements the same way we analyzed with EUR/USD currency pair, the difference is that in this case we´re around 30 pips away from an important reversal level of 2013 @0.9440, as the chart continue showing long trading signals we can keep chasing longs but just for short term trading and with small lots, this just until the price hits that level, then we must be aware of how the chart moves because during the middle of the week approximately could observe the formation of a big retracement movements.

These are the most important support and Resistance levels for this week:

Support 1 @0.9316 (September 19, 2014)

Support 2 @0.9176 (September 05, 2014)

Resistance 1 @0.9440 (September 06, 2013)

Resistance 2 @0.9727 (July 10, 2013)

XM/MT4 USD/JPY Daily Chart

 

We continue observing multiple extremely vertical trends during last weeks, in this case the price advance of last week as more than vertical, these types of movements can be as profitable as dangerous because the same way of the market grows i could fall, remember that old Wall street said, ¨to make the price go up we need buyers, to make the price fall, we do not need nothing¨ i call it the gravity of the markets.

We were able to find a very important level of May, 2008 @ 110.78, where the price drops down for around three months, the price is now 140 pips away from that level so we can keep our longs running for a little while, but always aware of what the price does.

These are the most important support and Resistance levels for this week:

Support 1 @101.40 (July 20, 2014)

Support 2 @ 97.18 (October 20, 2013)

Resistance 1 @110.78 (May, 2008)

We hope this weekly report help you to determine the most important reversal and continuation levels during the week, this data is not 100% accurate as the speculative system is, these numbers are a reference and definitely not represent a secure trading signal service, make sure to use your own trading system in parallel with the attached report to determine your own entry points.

Forex Trading can be a great source of income but is also a high risk business, make sure to complete your training in demo before start trading with a real Forex account and make sure that the money you invest comes from a secure source, we always recommend to avoid trading with money that you cannot  afford to lose.

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Trade or Wait?

More Free Valuable Info, Trading Systems and Tools @ http://forexsolutions.tk/

Should I stay away or should I enter a trade?

You can buy immediately at identifying a trend or waiting for a cut or retracement, the first option can synchronize us with the trend but can leave our stop loss far away from our position, risking even more than the possible profit.

The second option risks less but you will have four different groups of competitors, long, shorts, the ones that didn’t buy on time, and the ones that sold but bought again, that may be a possible pull back formation because of the huge mass of traders. But waiting for pull backs while the trend is getting strong is act of amateurs.

But I truly recommend to avoid trades that are far away from your stop loss, in that case you better stay away, go jogging or play an instrument to calm the nerves and control your emotional side.

Another option if you cannot support the fact of staying out of the market is reducing the lot size of your trade to a half of the original value that will reduce an eventual loss and emotional impact.

Taking in count all these recommendations and a very strict and discipline in trading experience my conclusion is that we can be in or outside the market the most important fact is that we must know why.

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Forex Market ¨Technical Report of The Week Ahead¨

More Free Valuable Info, Trading Systems and Tools @ http://forexsolutions.tk/

XM/MT4 EUR/USD Daily Chart

 

We had very negative movements last week in the pair, as we can observe in the chart the Price is way down the long term trend line, we can detect an important support level @ 1.3120 of August, 2013, at this point and considering an extreme advance of the trend we may wait for a return of the Price to the trend line, maybe @ 1.3352, an important test zone of July, after that we must look for a continuation of the short movements.

These are the most important support and Resistance levels for this week:

Support 1 @1.3120 (August 09, 2013)

Support 2 @1.3166 (May 05, 2013)

Resistance 1 @1.3352 (August 08, 2014)

Resistance 2 @1.3490 (February 03, 2014)

XM/MT4 GBP/USD Daily Chart

We can note that the Price is currently testing at the  level of the 250 day EMA as we predicted in last week report, we´re able to detect an old testing zone between the blue lines where the Price will probably moves during this week. As we have been announcing , if the Price crosses down the long term EMA, this would be a confirmation of a change of direction and automatically a short trading opportunity, if the Price goes up the blue lines it will probably look for a point at the yellow trend line and eventually a confirmation for long trading opportunities.

These are the most important support and Resistance levels for this week:

Support 1 @1.6560 (August 28)

Support 2 @1.6468 (March 24)

Resistance 1 @1.6812 (August 18)

Resistance 2 @1.6895 (May 21)

XM/MT4 USD/CHF Daily Chart

 

As we predicted in last weeks, the Price crossed the long term EMA and confirmed the new trend, now the Price is about to test a reversal level @ 0.9190 of November, 2013, if the Price test this level it may look for a touch at a point marked by the long term trend line @ 0.9108 of January and then hopefully pull back to the next target @ 0.9350.

These are the most important support and Resistance levels for this week:

Support 1 @0.9118 (August 06, 2014)

Support 2 @0.9022 (August 18, 2014)

Resistance 1 @0.9227 (Nov 08, 2013)

Resistance 2 @0.9350 (September 11, 2013)

XM/MT4 USD/JPY Daily Chart

 

The Price is still in the horizontal channel mentioned in last week´s report, and is now testing the top of the channel and about to cross it up to define the next direction of the trend, if the Price touches the top and return back inside the channel we must go short for a target @ 101.2, if the Price passes the top of the channel we must look for a target @ 105.25 of December 25th, 2012.

These are the most important support and Resistance levels for this week:

Support 1 @102.80 (July 31, 2014)

Support 2 @101.20 (July 15, 2014)

Resistance 1 @104.12 (August 27, 2014)

Resistance 2 @105.25 (December 02, 2013)

We hope this weekly report help you to determine the most important reversal and continuation levels during the week, this data is not 100% accurate as the speculative system is, these numbers are a reference and definitely not represent a secure trading signal service, make sure to use your own trading system in parallel with the attached report to determine your own entry points.

Forex Trading can be a great source of income but is also a high risk business, make sure to complete your training in demo before start trading with a real Forex account and make sure that the money you invest comes from a secure source, we always recommend to avoid trading with money that you cannot  afford to lose.

forex divisas trading dinero mercado economia dinero rapido donde invertir