Latest Blog Posts for Pip Fortune

• NZDUSD – Kiwi/dollar lower after repelling down from key resistance
  on Feb 21, 2014 in FOREX TRADING NZDUSD
  The NZDUSD continued to move lower today following our discussion in yesterday’s members’ commentary. We would not be surprised to see this recent sell-off continue and ultimately result in a re-test of the key trading range support down near...
• EUR/USD Pin bar at Near term support - SHORT Signal
  on May 2, 2013 in EURUSD FOREX TRADING PIN BAR
  A PINBAR on Near-term resistance level formed. If the market tends to go side wise  it reached top of the tunnel and will retrace back to bottom of the tunnel. Looks like a SHORT, wait until the movement is strong.
• USD/JPY Inside bar Signals SHORT
  on May 2, 2013 in FOREX TRADING USDJPY INSIDE BAR
  Inside bar formed near 21EMA & 8EMA. Since it is below these indicators, it looks like SHORT signal.Wait until it cross 97 mark to enter.
• EUR/USD PIN BAR formation signals SELL
  on Apr 28, 2013 in EURUSD PIN BAR
  PIN BAR formed confluent level on EURUSD. Probability of SELL signal.
• USD/CAD Overview, Monday April 29 - 2013
  on Apr 28, 2013 in USDCAD OVERVIEW
  USD/CAD touched near resistance level and coming down to near support level @ 1.0085.If it retrace back, that is LONG signal upto 1.0287 level. If it closes monday session below1.0085 support level, it can reach down to next support @.9930...
• GBP/USD Inside bar BUY signal
  on Apr 17, 2013 in GBPUSD INSIDE BAR
  GBPUSD inside bar formed. Moderate BUY signal. Entry above 5410.Near term resistance is 5700 level...
• GBP/USD Bear Trap LONG Signal
  on Mar 12, 2013 in FOREX TRADING GBPUSD BEAR TRAP
  Bear trap formed in GBP/USD. Chance of +50 pips on LONG. Keep trailing stop tight.Entry  4920 Stop : 4900 Exit : 4970...
• EUR/USD Inside Bar signals SELL
  on Mar 12, 2013 in EURUSD FOREX TRADING INSIDE BAR
  Inside bar formed on daily chart of EUR/USD. Aim for 50+ Pips here though the signal is not very strong.Entry 3030 STOP 3080 EXIT 2980...
• USD/CAD Inside bar and False Break generate BUY Signal
  on Mar 10, 2013 in USDCAD FOREX TRADING INSIDE BAR
  Inside bar followed by false break generates BUY signal. False break is not formed in any key level.Not a very strong signal. Entry 1.0300 Stop 1.0230 Exit : 1.0370...
• GBP/USD SELL Signal
  on Mar 6, 2013 in FOREX TRADING FAKEY GBPUSD INSIDE BAR
  Inside bar completed. False break of mother bar and its coming down. Expecting continuation of DOWN trend. Entry @5120 STOP around mother bar limit First Take profit within mother bar range.

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