tag:blogger.com,1999:blog-91334907574596791302025-06-02T22:33:40.201-04:00forex strategy | forex forecast | forex signal | forex signals | forex scalping | BCOUSD | Gold | XAUUSD | Brent Crude Oil | technical analysis | historical dataAdminhttp://www.blogger.com/profile/14877084041729340018noreply@blogger.comBlogger290125tag:blogger.com,1999:blog-9133490757459679130.post-13203026869240898122024-10-05T09:39:00.000-04:002024-10-05T09:39:11.500-04:00

Banks and their AI-driven trading systems are highly sophisticated, but there are certain situations where they cannot manipulate the market and have to follow or “obey” market conditions due to the sheer scale and external forces involved. Here are a few such situations:### 1. **Major Geopolitical Events**   Geopolitical events like wars, natural disasters, or major political upheavals

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-56347641362549117632024-10-05T09:31:00.004-04:002024-10-05T09:33:29.839-04:00

Banks and large financial institutions study the behavior of technical indicators in ways that can create advantages over individual retail traders. Here's how they do it and how they can exploit market dynamics:### 1. **Advanced Algorithms & High-Frequency Trading (HFT)**   Banks have access to sophisticated algorithms that scan markets in real-time using technical indicators such

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-53013989235038338322024-02-03T09:07:00.003-05:002024-02-03T09:07:37.249-05:00

There are none of the technical indicator's strategy will work permanently - no matter what! Therefore, the number one rule still depends on one's intuition based on the technical indicators signal. 1. Combination of MACD and Full Stochastic has the best technical result 2. Addition with candlestick patterns and chart patterns it make better result3. Yet intuition is much greater.Remember

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-62609090517777980702021-03-06T09:13:00.050-05:002021-06-18T11:09:59.450-04:00

Here are similar historical data that happens in the 26- to 01 December 2020 Let's if there is truth in chart patterns of the Gold XAUUSD - and how it behaves in different situation of the MACD indicator in different time frame Updated - it goes up as expected Updated 03-Mar-2021 - So history prove itself right once again the Gold wen't up just exactly like historical of similar

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-74435738067925307302021-03-05T02:38:00.080-05:002021-06-18T11:14:49.699-04:00

Analyzing the chart patterns and the technical indicator direction against the real time market fluctuation for BCOUSD Updated - so it's going up and away Updated 08-Mar-2021 (It's going further up and away) Updated 08-Mar-2021 (Reversal for corrections) - after market jump it quickly reverse Updated 09-Mar-2021 Updated 10-Mar-2021...where will it go at this point? Updated

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-35667622434260769012021-03-04T00:10:00.003-05:002021-04-09T02:38:38.474-04:00

Most novice traders thinks that utilize every ups and downs of the market fluctuation will make the most profits out of forex trading and that is fundamentally true if most of the trades goes their way. However that is not the case happening to most people - in fact scalp trading is high dangerous especially with stop losses. Just remember this - all the technical indicators including MACD,

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-3656865466008100212021-03-03T12:29:00.004-05:002021-03-03T13:08:28.316-05:00

Defying MACD and Stochastic signal when the support target has been completed - The trigger candle is the deep at 1H time frame defying its MACD but that will reverse fast and quick Brent Crude Oil = Weekly Up and Monthly Up Gold occur similar case on the 4H Time Frame while BCOUSD occur at 1H time frame -- reversal occur at Middle Daily Bollinger band.  Very similar case to Gold

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-56288881742906212232021-02-18T12:32:00.004-05:002021-02-18T12:32:47.525-05:00

This is an observation of BCOUSD or Brent Crude Oil forex market trading how a correction started continuosly and where it should ends. Initially the correction move started with the 5 and 15 minutes time frame movement synchronously by MACD and Stochastic. Then when the 15 minute ends it follows by 30 and 1 hour time frames MACD starting to diverge. In between there are minor correction

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-44838529595961138482021-02-03T23:50:00.002-05:002021-02-03T23:50:11.407-05:00

This is the moment I've been waiting for - to see the behavior of the EUR-GBP movement if it will continue downtrend or making a slight correction before it's continue or reverse to uptrend instead. Let's see the perspective on each of the time frame. On the monthly time frame MACD starting to converge downward but at the same time it is also standing on the major support level - with

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-64892073456694797812021-02-03T21:16:00.004-05:002021-02-03T21:16:34.831-05:00

Brent Crude Oil Technical analysis on the monthly time frame - the market direction is strong bullish with both MACD and Stochastic moving parallel in the same direction. However it is already close to the strong resistance level at 60.562 - there is a chance it could move further ups if the US Dollar weaken for the month of February. On the weekly time frame the market direction also still

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-89953181329688899482021-01-28T21:31:00.001-05:002021-01-28T21:52:59.672-05:00

After quite sometimes studying the patterns of market movement on the EUR-GBP pair - there is quite convincing evidence the MACD is one of the most important technical indicators to predict the behavior of the market movement. It may fails at times but the consistency of the forecast is quite high. It is no wonder many conventional traders probably the big traders still relying on the basic MACD

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-68809213967396717142020-12-17T04:30:00.004-05:002020-12-17T04:48:29.047-05:00

Bitcoin has sky rocket far to a greater height against the US Dollar where it never been gone to before and it currently sit on 23,0000 value. This is so incredible and of course the new high certainly will trigger financial media frenzy reporting that might make it goes further up. However for traders this is the danger territory that becoming more dangerous to trade - going to a new territory

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-31001561382120044502020-12-14T12:02:00.000-05:002020-12-14T12:02:01.394-05:00

The hype of cryptocurrency have a great impact on the bitcoin forex trading - this can be seen on the BTCUSD chart where it sits on the overbought position and yet it is still poised to go further up based on the price actions signal. However the US dollar seems to gain some strength and it can be seen on the most traded pairs i.e. USDCAD, USDJPY, USDCHF etc. This could signal the brink of

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-56687431527105755592020-12-13T12:03:00.003-05:002020-12-13T12:03:24.615-05:00

Very tricky position to trade the GBP-USD on monday 14-Dec-2020 because it was significantly oversold. Therefore a potential pullback for correction on the 4H is possible yet again continuation further down is also possible. We will wait and see until MACD on the 4H time frame changes course...  forex trading for beginners forex market analysis forex analysis today forex trading forex

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-18113687119420546322020-12-12T11:06:00.003-05:002020-12-12T11:06:26.721-05:00

The EUR-GBP went extremely overbought last Friday 11-Dec-2020 due to the heavy falls in the GBP-USD which went oversold. The movement of the EUR-GBP was closely related to all the Euro and Pound pairs i.e. EUR-USD, EUR-JPY, EUR-CAD etc vs GBP-USD, GBP-JPY, GBP-CAD etc. However by the end of the trading day it eventually retrace back at least at the position where it should be. Next monday

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-20936529599544575292020-12-07T12:06:00.003-05:002020-12-07T12:06:14.693-05:00

The EUR-USD follow the technical analysis as expected based on this eur-usd technical analysis. While the EUR-GBP break the resistance and go for overbought due to all pound related pairs has gone down with more volumes vs the euro which is lesser in volume   

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-81515124671748174812020-12-06T13:17:00.004-05:002020-12-06T13:17:24.778-05:00

This is technical analysis forecast for euro dollar pair - the prospect of further upside is high but that is not without a fight at the resistance of the weekly time frame which is on the brink of collapse. If the support on the weekly time frame hold then further upside is imminent but for the time being it maybe fluctuating without the support resistance level of the 4H time frame. We

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-90911989936316418142020-12-06T11:06:00.004-05:002020-12-06T11:12:18.328-05:00

This is some technical analysis insight for the Euro Pound pair - one of the interesting one to trade due to the correlation. On the monthly time frame it hold on to the support quite strongly but in forex anything is possible to break pass through it. But for the time being it is bullish or ranging up. One the weekly time frame is bearish and going down to the middle band of the Bollinger

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-72606812500483273242020-12-03T00:57:00.005-05:002020-12-03T00:57:46.640-05:00

Based on the price action - most traders should be thinking the GBP-USD is going down in the daily time frame at least for 1 candlestick down today. But then again from the bigger picture on the monthly time frame the GBP-USD is strong bullish and it could trigger an immediate upside movement without warning. Fundamental economic data from the US, EU or the UK would trigger such a move and

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-72830879054142140842020-12-02T13:47:00.001-05:002020-12-02T13:47:22.362-05:00

Live streaming trade on YouTube really has popularize the price actions indicator. Here we will discussed with example how reliable the price action indicator without any indicators assistance? You look at this at first glance it really works especially when you watch youtubers consistently winning from the price action trading. But after further observation - it seems there are flaws in it.

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-88174626090555671822020-11-25T11:55:00.003-05:002020-11-25T11:55:36.394-05:00

As discussed in the previous analysis based on the historical data - it seems the Euro Dollar pair is eyeing to break the major resistance at 1.19041. But danger still linger as there could be a huge potential of trap to go down and the volume gonna be big around 100 or more pips. Therefore at this point we will see if the support will hold at least at the current position 1.18051 or down to

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-65119895014000756252020-11-18T03:15:00.002-05:002020-11-18T03:18:21.712-05:00

If you are looking for high risk high rewards trade in the forex market - you shouldn't trade the pure currency pairs with the like of EUR-USD, GBP-USD, AUD-USD etc. There are two pairs associated with USD with high volumes even on the 5 minutes charts like no other and they are the XAUUSD (Gold) and BTCUSD (BitCoin). On the weekly time frames the volume traded up to 50,000 pips at average of

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-18174852274403378422020-11-07T09:52:00.000-05:002020-11-07T09:52:02.542-05:00

We thought a big move downward in the early last week would continue further downward EUR-USD Technical Analysis 01-Nov-2020 - but instead it swing back up quickly in the midweek to proceed with the major uptrend. So we were dead wrong and that also coincide with the election day.Today we put aside of the notions of major correction and look back into the historical data of price actions that is

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-79476936315087046162020-11-01T09:25:00.005-05:002020-11-01T09:25:28.046-05:00

The long awaited major correction for the EUR-USD finally visible - this is shown by the MACD Stochastic signal in the weekly time frame chart below. The probability to break the current support level 1.16487 is 85% certain as long as MACD and Stochastic in the weekly time frame keep moving down the experience could be painfully fast or slow till you get bored of waiting. It could go down as

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9133490757459679130.post-51728658893353372612020-10-31T03:47:00.003-04:002020-10-31T03:47:57.189-04:00

Some people believe in the ideal while others looking for precision - but neither can happen consistently although it does occasionally. In this topic we discussed specifically about support and resistance level as it is the basic fundamental of success in technical analysis. If you can master at least of 80% accuracy there will be great success in forex trading career.Ideally the support and

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