Over 20 years in trading
For three days in a row the buyers manage to close on new high and they have continue to push higher today as well. If you take a look at my weekly analysis from June 27. you can see that this is the strong sellers area, but the buyers looks persistant enough to try to push higher and it seams that they will
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After huge JPY strenght on April 24. the BOJ threatened to intervene at any time if needed and the market took that seriously enough at 105.00, pushing the US dollar back to 111.00 in the next couple of weeks. But, as the British referendum aproaches, the JPY strenght returned back and 105 was broken on June 16., a several days before. After that,
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What a mess on Friday, wow!? For a long time I didn’t see the market moves like that. It’s not easy to analyse the pairs after the Brexit referendum, the charts are preaty unclear and I think that traders are still in some kind of shock. But, in the EUR/USD weekly chart, there is a technical indication which is in favor of the
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On May 31. I made an AUD/USD analysis and prediction of the possible next move in the market. Have a look how accurate my daily analysis was and please write how do you see this? I predicted a move on weekly chart and draw a detailed 4 steps move on daily chart, after wich the each one of them was accurate in
Read moreI wrote in my last article that I will try to catch a trade worth to risk in theese days of high volatility and here I am, already out with +633 pips and +55,8K euros trade, after only three days! I will try to describe this trade best I can, but as you can see in my chart, I have pointed
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On June 08. I made gold analysis and prediction of the next move and possible targets in the next few days. How accurate this analysis was, you can see on this chart step by step. All three steps/targets was predicted exactly with top price of the resistance area. At first 1265, the second step at 1287 and the last one today at
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Have you ever imagined how the forex trading floor looks like and how the big players trades!? If you not, start to think about that now. Why? Well, soon as you realized how they trade, you will see the market clearer. Many of you asked me, why my analysis are so simple and how can I so easy and accurate predict some moves
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The gold is marching upward since the last terible NFP data and it reached 1253 today, the H4/MA200. In my point of view, 1260/65 level will be very important for furder development here and if the bulls can manage to break that level, the road toward 1305/10 can be open again. It’s possible for that level to hold on the
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The worst NFP since September 2010 (+38K) and the US dollar is slammed in the market. EUR/USD is marching strongly upward and it has reached 1.1300 for now. It will be interesting to see where the pair will end the day after this terrible data!? 1.1320/50 could be the real test for the buyers and it could stop ‘the Europhoria’
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Gold is not favorable for 5 weeks in a row and technical picture is still in favor of the bears. Daily MA100 is holding on the way up for the last three days and you can see how the precious metal is moving true the symmetrical triangle in my chart. The support at 1200 is more a pshisical then technical and
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Could we see a reversal toward 0.7700 here? Well, based on my analysis this is possible move, if this will be a temporary bottom at 0.7120/50 for now!? The Aussie reached daily MA200 at 0.7250 today and this is important level because it’s the last day in May. If the pair stayed bellow today, in the beginning of June we could see another
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Check my gold analysis from May 24. and see how accurate my gold move prediction is. I hope that you read carefully what I am writing and not only looking at my chart and my important levels what I am marking mostly. It’s imposible for me to write and draw on all TF’s and it’s important for you that you read
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As you can see, it’s not an easy level for the buyers and it will be interesting to see how serious they are now!? What will be even more interesting is how the sellers will react if the buyers manage to reach 111.60/80, the strong resistance area in my point of view… Daily MA100 is placed above that resistance on 112.75 now
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Forex Trader 