GBPJPY is currently retracing to the 61.8 fib from in its downtrend, i am also a fundamental trader so i will be looking at UK results this morning at 9:30 am to asses whether we will be entering the trade, we will also be looking at the hourly candle close at 10 am, we may miss a few pips doing this but it reduces risk substantially, i believe at the moment it is...
you can see results in few hours
Resume for 2016. Total of 1257 PIPs from 3 trades in 2016. One trade missed. Happy new year!
A breakdown of EUR/USD with potential scenarios for both the up and downside. The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested. Good luck!
Lets do an analysis on Nifty and how its movement will be in coming days. As we look with Eagle's view ( Daily ), Nifty has been bearish from Feb'15 to Mar'16. For an year Nifty has been completely bearish Trend. Some companies posting good performance results has driven Nifty to current levels from the lows of 6700's. But tats not only reason for recent bull...
A perfect double top is formed in the resistance zone itself. Q4 results are coming on Monday ( 18.04.2016), so keep a note of it and trade accordingly. If all goes as our study , we are looking for 100pts downward move. Trade Safe ! Happy Trading !