multiple time frame analysis

How to do the perfect multiple time frame analysis

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Importance of multiple time frame analysis There are many ways of trading the forex market in today’s world. Every trader has their own unique trading system which is being developed based on their personality. Some of the new retail traders often buy trading strategy from the expert to make a decent profit but still, they Read More

GBPUSD technical analysis

GBPUSD heading towards broken trend line resistance |29th May, 2017

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GBPUSD Technical Analysis: Minor bullish retracement is in place |29th May 2017 First Critical Resistance: 1.29068 ( broken trend line resistance ) Second Critical Resistance: 1.30448 First Critical Support: 1.27732 Second Critical Support: 1.25951 Overall Sentiment: Slightly Bullish Δ The GBPUSD pair broke the 4-hour medium-term bullish trend line support level and stopped its bearish Read More

Price action trading using 100 day SMA

Perfect price action trade setup using 100 day SMA

Posted on Posted in Strategies

The perfect way to trade the 100 day SMA in forex  Everyone wants to become a profitable trader in the forex market but very few of them can actually achieve success in the long run. The novice traders always search for the perfect trading system in the market and end up by losing a huge Read More

Technical analysis

EURJPY hitting trendline resistance level | 27th April 2017

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EURJPY technical analysis: Short entry triggered | 27th April 2017 First critical Resistance: 122.06 (Trend line resistance) Second critical Resistance: 124.07 (High of 14th December 2016) First critical Support: 117.80 Second Critical Support: 114.85 Overall Sentiment: Bearish ∇ The EURJPY pair formed a nice bearish pin bar after hitting the bearish trend line resistance level Read More