At ApexFX we feed you no b#llshit as you will tell if you have been following us for a while.
We are starting a CHALLENGE this coming Monday and have been working round the clock most of this year developing this strategy to help improve peoples lives financially, we have back tested this strategy for 6 months with a 100% success rate, if you dont believe me give...
GBPCAD WEEKLY on the left: we are approaching a very key reversal zone in the market
H8 on the right, MACD convergence forming as well
I suspect a 500 pip move to the upside
1. This profile is for educational purposes ONLY!
2. The setups given are my own perspective of the forex market and by no means require action!
3. Trading involves risk, past profits...
In my analysis, there are 2 fractals. However, the environment of the two tracks is different. Let's look at the first fractal. There the ATR axis extension (green line) translated the exchange rate. And in the present case, you can take the direction from the extended ATR axis upwards. So the copying of the first fractal is currently finished. If this movement...
Based on recent price action and a clearer parabolic picture, I've revised my estimate upwards from $30,000 in two years to $50,000 in two years. Nothing in this post is a prediction.
Traders should be very very very careful with this instrument. High volatility is...
Interesting comparison of price range from 2017 Projected to 2019 … finger's crossed ^^
(Please note this Analysis does NOT constitute advice and readers must undertake their own analysis/research before committing to any positions)
OANDA:XAUUSD, FX:XAUUSD, FOREXCOM:XAUUSD
Monthly: The reverse head & shoulders formation has finally broken the neckline.
Daily: Previous reistance levels should now act as support including 1392, 1375 & 1367
Sell XAUUSD in front of $1375 & $1366
Stop loss at $1347
0.370 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index ( RSI ) is 61.
New trading suggestion:
*There is still a possibility of temporary retracement to...
This basically my bitcoin price prediction. with its highest point ranging in 12,000 followed by 6 month price fall, then ending in price range 6000 to 6999 be in GBP/Eur. Bitcoin pice fall will cause other coins such as BCH, XRP, ETH and LTC to have a price drop far lower than expected. e.g. BCH price range £30 - £90
But ofcourse this is no financial advise...
Possible change in overall trend for EURUSD. This pair has been moving in a solid downtrend for a good few months now and I believe we have now started the first ascent within a big uptrend. Price is currently acting within a parallel trend line channel and has recently crossed both the 200 and 50 EMA indicating that there could be a long bias incoming. I have...
CHFJPY has reached the weekly bearish TL for a 3rd touch. This aligns with the 0.618 fib retracement level at around 110.310
The 1hr bullish TL has been broken and price has retested and rejected it from below to form a lower high.
I am targeting the daily fib level around 109.00 to give an R:R of more than 5:1