True representation of a small time forex traders market study and positions
Owner: pipfortune
Listed in: Finance
Language: English
Tags: FOREX TRADING, PRICE ACTION, PIN BAR, ETORO, HOME BBUSINESS
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Latest Blog Posts for Pip Fortune
- NZDUSD – Kiwi/dollar lower after repelling down from key resistanceon Feb 21, 2014 in FOREX TRADING NZDUSDThe 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 SignalA 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 SHORTInside 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 SELLPIN BAR formed confluent level on EURUSD. Probability of SELL signal.
- USD/CAD Overview, Monday April 29 - 2013USD/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 signalon Apr 17, 2013 in GBPUSD INSIDE BARGBPUSD inside bar formed. Moderate BUY signal. Entry above 5410.Near term resistance is 5700 level...
- GBP/USD Bear Trap LONG SignalBear 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 SELLInside 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 SignalInside 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 SignalInside 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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