Hey can someone explain me what is the difference between this strategy and envelope indicator? Because I can set an indicator call envelopes in my MT4 and it’s just like this. Plus there is an expert advisor that uses this strategy. I think it’s a ...

4H 5EMA System

The experience with Japan might be a great opportunity for some people. But we can see mix result between yen and other currencies. USD/JPY is not giving any clear indication of trading direction, it fell against the GBP, and EUR/JYP maintains its ...

Worldwide Recession

Come on guys!!! This only probes that if you use both analyses you can be unbeatable. The bottom line is: If you can be profitable with fundamental or technical analysis separately. Why are we arguing about which one is the best? Why aren’t we ...

Fundamental VS technical

Hey Kent! That is exactly my point. What about confident in the market? Trading activity was more passive than usual at Monday opening. The Yen pushed higher this morning as investors cut higher-yielding currencies, with a US government rescue for ...

Worldwide Recession

Traders ignored the sour news despite clear evidence of near total collapse of demand amongst the region’s consumers and producers. With economic demand deteriorating across the globe micro economic news is having minimal impact on currency trade ...

Worldwide Recession

21th Nov Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the bleak prospect of deflation. The Bank of Japan left its key interest rate at just 0.3 percent and said there ...

Worldwide Recession

We are in an atypical time and the financial crisis continues to damage the world's major economies. German economy confirmed a technical recession through the third quarter. The Euro-zone 3Q GDP figures revealed that the region’s economy had ...

Why is the market behaving like this?

19th Nov Japan's Economy Into Recession. Japan's economy, the second largest in the world, fell into recession for the first time since 2001 as GDP fell an annualized 0.4 percent in Q3. This was the second consecutive contraction, and with a global ...

Worldwide Recession

19th Nov Australia Sees Recession in 2009. Australia faces the risk of recession at the beginning of next year as the Westpac leading index plunged to the lowest in 23 years. The Euro and British Pound remained range-bound in overnight trading. The ...

Worldwide Recession

18th Nov Euro forecasts against the US Dollar took a turn for the worse on the week, as generally dismal European economic data and further losses in the US Dow Jones Industrials Average led to similar Euro/US Dollar weakness. Official confirmation ...

Worldwide Recession

The idea in this threat it’s to get the most important facts occurred during this recession stage in order to compare it later with the market behavior and visualize how affected it. So please post the most important issue you think has affected ...

Worldwide Recession

EURUSD 1,2931, 1H — The pair has touched the 1,2940 support. The 15 EMA just changed the direction after hitting the higher bollinger band. The target could be 1,28602 if the next candle opens under the 1,2940 level.

EURUSD

Ahahahaha…I told you it was going that way…I’m doing 180 pips right now.

Cable Update (GBPUSD)

I think the next target is 1,57740. The trend has just touched the higher band of the bollingers and the 15 EMA has change direction and the next support line is at 1,5760, just below the lower band.

Cable Update (GBPUSD)

I think the next target is 1,57740. The trend has just touched the higher band of the bollingers and the 15 EMA has change direction and the next support line is at 1,5760, just below the lower band.

Cable Update (GBPUSD)

The U.S. dollar and yen rallied on Monday as plunging stock markets and fears of global recession prompted investors to abandon risky trades and seek shelter in those currencies. The yen hovered near 13-year peaks against the dollar and rose to its ...

Majors & Exotics [EUR / GBP / JPY / CAD / AUD]

I looked for short position in the 1 hour chart. I was certain that the trend was about to change. But now it’s quite straight. I think that’s all for today. Tomorrow would be interesting!

Please EURO Stop it..You are Embarrasing yourself.

Take Fibonacci retracements and projections from a number of different lows or highs to find a level where 2 or more retracements/projections are at the same level. This will give a level with a strong possibility of a turning point. Convergence is ...

Trading Fib Zones