AUDNZD TECHNICAL ANALYSIS

Hi everyone!

I have some important points about the AUDNZD weekly chart, however the confirmation from candles are still missing in this chart but there is certain possibility that the pair go for long in future.


1) Bullish Butterfly
2) Bullish Divergence confirmed by MACD and UO
3) Over Sold Ultimate Oscillator

AUDNZD Chart 12-03-2013

Important Points in this trade are:

Time Fr	PivPoint	Sup/Res 1	Sup/Res 2	Sup/Res 3
Daily	1.1135	1.1083 / 1.1169	1.1049 / 1.1221	1.0997 / 1.1255
Weekly	1.1178	1.1136 / 1.1246	1.1069 / 1.1288	1.1027 / 1.1355
Monthly	1.1267	1.1048 / 1.1423	1.0892 / 1.1642	1.0673 / 1.1798

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USDCAD TECHNICAL ANALYSIS

Hello Guys! 

We have bearish signals in USDCAD daily chart, i would suggest you to go for Short/Sell.

These are the reasons for going short in USDCAD,

1) Bearish Butterfly
2) Bearish Divergence in ultimate oscillator
3) Resistance level

USDCAD Chart

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GBPUSD TECHNICAL ANALYSIS

Hello everyone!

Here is another deal with GBPUSD pair for going Long, Rectangle Chart Pattern in GBPUSD Daily chart. We have to steps in the Take Profit level, once price reached the first T/P then you can use Trolling Stop Loss for the other target and let this trade go.

GBPUSD Chart

The detail about the entry and TP/SL levels is,

Buy @ 1.6320-1.6350
Save Loss @ 1.6145
Take Profit 1 @ 1.6470
Take Profit 2 @ 1.6640 ( Trolling Stop : 120 pips once Take Profit 1 hit )

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GBPJPY TECHNICAL ANALYSIS

Hi guys!

I have a long term great opportunity to invest in GBPJPY, basically the analysis are from the weekly chart and I was testing it for a few days, and now I'm going to introduce here.

The pair (GBPJPY) got a pattern known as Bottom Reversal Pattern, formed in weekly chart, you can see the formation detail in below snapshot. Last week pair has managed to break the Resistance Line in weekly chart, and the current week pair is having a great up trend movement above the Resistance which now act as Support as well.

GBPJPY Chart

The depth of the pattern is almost 4500 PIPs, and our Target Take Profit level is 3000 Green Pips :). Yes I know its a huge one.

You can go for long all the detail i have mentioned on the snapshot, about target level and stop loss, we are already in profit about 300 Pips. 

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USDJPY Technical Analysis

Hello everyone, hope all doing great.

Today we have a new analysis and trade signals, I usually don't post until I got strong signals from the market condition so that it might useful for the new traders too.

USDJPY technical analysis! So far the pair was on bullish trend but a few minutes ago the pair has formed bearish signals which are indicating that soon a down trend may start, if you going to buy than be careful, we are going for short today.

USDJPY Daily Chart Analysis

1)      We Got Bearish Bat

2)      We have Supply zone

3)      Last Bearish Divergence and Oversold in Stochastic Oscillator

USDJPY Technical Analysis

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USDCAD Technical Analysis

Hello guys!

I am going to discuss about USDCAD views for the coming week and also a bit about the past week, so let’s start.

Last week USDCAD was on an uptrend and stopped at the Resistance Trend line, drawn from the June 2013. Till the end of the past week we got a Bearish Gartley in daily Chart, as you guys can see in the snapshot. Another bearish signal which we have in daily chart is Bearish Divergence between price and momentum of the Ultimate Oscillator, Prices are moving higher in Chart while the momentum is decreasing which means the bulls are getting weaker and soon bears going to take control.

I recommend a sell order for the coming week at the price level of 1.0475 or at the price where the market start because it is possible that the market gets a window in the opening.

Sell @ 1.0475

TP 1^st: 1.0395, TP 2^nd: 1.0320

SL @ 1.0516

USDCAD Technical View

Important levels for the coming week
Support levels	Pivot Point	Resistance levels
1.0391	1.0444	1.0476
1.0360		1.0529
1.0307		1.0560

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CRUDE OIL TECHNICAL ANALYSIS

Hello guys!

Its been a while since i post my analysis, actually i'm a bit busy in my exams and i'll start posting regularly after some time so keep visiting..

I am going to discuss about Crude Oil, yesterday we saw an uptrend green candle in #CL daily chart, after that Bullish Engulfing Candles pattern formed at the Support level 93.50, followed by 24th June.

Crude Oil Chart

The Resistance levels is at 95.60, if bulls manage to break this level the next stop will be at 97.35 (23.6 at fib).

Today's crude oil important support/resistance levels are:

D_R1: 95.60, D_R2: 96.37, D_R3: 97.35
D_PP: 94.62
D_S1: 93.85, D_S2: 92.87, D_S3: 92.10

Thank you, and please share your response. 

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GBPUSD Technical Analysis 10-05-2013

Hello everyone!

Here are the the gbpusd technical analysis for coming week, stay sharp and look for the sell opportunity or you can be a sell with the opening of the market.

In gbpusd chart we have,

A Bearish Crab Pattern formed in Daily chart, where the pattern end right at top we have an inverted hammer candle stick you can see in below gbpusd analysis chart. The black down side arrow is indicating the inverted hammer candle while the second black arrow is indicating about the bearish engulfing candlestick pattern. 

Price will going to test the previous resistance level which now act as a support 1.5750, and that level also will be our Take Profit level.

gbpusd chart 10/05/2013

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USD/JPY Analysis 10-04-2013

Hello, everyone!

My today's analysis are about USD/JPY pair which is in downtrend from a while, there is a formation of Bullish Butterfly in H4 chart, I highlight the pattern in below usdjpy chart.

That is a clear signal for a buying opportunity, if you are thinking about sell.. that would be a bad idea.

Ultimate oscillator is having a Bullish divergence in Daily chart and also there is formation of higher high's and higher lows which is also bullish signals.

 price will going to test the resistance level which is 98.70 to 99.00.

USDJPY Chart 10/04/2013

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Crude Oil Analysis 01-10-2013

Crude Oil has formed a Bullish Butterfly Pattern in Daily Chart and soon it will going to test the resistance level at 104.80-105.30.

There is a Bullish Gartley in H1 Chart which means from the short term and long term both are indicating signals about an up trend, other important signal is bullish divergence shown by the Stochastic Oscillator in daily chart, price is moving down continuously while the indicator is moving up with down trend.

these are the strong signals, however i am still waiting for placing a buy order because of the candles. Confirmation from candles is very important in short time frames like one hour/four hour charts, candle like a Doji or Hammer at support level always indicate a reversal in the trend.

So keep your eyes on the #CL and soon there will be an opportunity for buying.

Today's important levels are:

D_S1: 101.26
D_S2: 100.30
D_S3: 99.56
D_PP: 102.00
D_R1: 102.96
D_R2: 103.70
D_R3: 104.66

Crude oil analysis

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Gold Analysis 30-09-2013

Hi Guys,

There is an important update about Gold current position which I want to share with you guys, first you all should know that Gold is in Downtrend in long term charts but in H1 chart Bulls seems to be in control.

* There is a Hammer formation in the last hour which also formed above the Support level (D_S1 1322.90)
* Over sold in Ultimate Oscillator

These signals are enough to be a buyer in gold with the target of 1340.00 TP, because price is going to test that resistance level.

Gold Analysis

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Crude Oil analysis 24-09-13

After few days of downtrend, Crude Oil start giving some uptrend signals in short term charts like 4H.

There are two strong Support levels 102.60 and 103.20, this area also contain a strong demand zone (where buyers become active) which is holding #CL since 3 days at the same level.

Buying Signals in 4H chart are

1) Bullish Divergence in Stochastic and Ultimate Oscilator.
2) Strong demand zone of price activity in 4H and Daily charts
3) Bullish Butterfly Pattern

Suggestion:
Buy b/w: 103.00 to 103.30
TP: 1st, 104.80 2nd, 105.30
SL: 102.30

I will keep updating about crude oil moves on daily basis so stay tuned.

Thank you

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Set Daily Target

Hi guys,

First of all I want to let you guys know that Forex is Business not Gambling because many people who can't be a trader because of lake of knowledge or experience start calling Forex is Gambling and if we want to succeed then we have to do is developed some rules for our business like every other successful businesses around the world.
Each and Every Company no matter it's Government related or Private, they all have their own targets for each month and for achieving those targets they work hard each day with proper planning and analysis.

So First rule must be a Target for monthly basis and work hard to achieve our target. A simple calculation and target according to investment is as under.

Target with 200$ Investment and 50 Pips Daily target.

Daily 50 Pips 50 x 22 (Working Days) = 1100 PIPS
Using 0.10 Lot 0.10 x 1100 (PIPS) = 110$ (Net Profit Per Month)

Now you can see a good profit if you work as per the plan.

When we achieve our Target of the month, after analysing the detail of the month we can increase the ratio of target depends on how early we have achieved our target.

I will start posting daily Forex fundamental analysis / free forex analysis and Signals of Selling or Buying from Monday and will achieve try to achieve the target which set according to your balance/equity. 

Thank You,

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Free Forex Trading Balance

Hello everyone!

I am sure many of you already know about posting balance provided by different forums, but I want to highlight the topic because there are so many people out there who want to trade but they cannot invest their own money in Forex Trading.

here is a solution guys, you can became a trader without investing you own investment..

Forex_Trading is very easy once you learned about the basics and you can earn hundreds/thousands of dollars a day, depends on your skills. Try to follow a Trusted broker like Insta Forex which I am using, and I didn't invest a single dollar of my own and the broker provides me hundreds of dollars every month for trading in my real account and all profit I earned is my own alone and I also can withdraw that profit any time I want.

All you have to do is Click Here and create your very own profile at the Forex Forum absolutely free and start earning with just posting comments, you can earn $ 0.20/post without any limit.

e.g. If you post 1000 comment in a month you’ll get $200 US Dollars and at the end of the month all you earning Dollars will be transferred automatically in to your trading account and you can start trading with it.

This is very simple earning task and you can make hundreds of dollars just sitting in front of your computer.

Hope you guys like the details, if you need any help you can comment here and I will help you on ASAP.

Tack Care

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