EUR/USD trading talks October 26 While the downward trend on the daily chart has finally broken through the support of the upward weekly trend, expanding its possible channel, I propose to consider a more local situation.The four-hour chart clearly shows a correction that has gone beyond the descending channel. The prospect of a return to… Continue reading EUR/USD analysis of the local 4-hours chart situation
Probably the most frequently mentioned parameter of a good trading account is consistency. This concept is quite broad and can include various secondary parameters. But basically, it means the ability of the account to bring stable results. Trading stability can be evaluated using a simple trading history and plotting profit versus time. It is also… Continue reading Let’s talk about consistency
EUR/USD trading talks September 07 The EUR/USD is reaching the historical key level of 1.06375, which may stop the current decline and become a turning point for a short-term correction. Also, I would like to mention the marker support at 1.07000, which currently has an impact on the market and if the price level falls… Continue reading The EUR/USD is reaching the historical key level
EUR/USD trading talks August 25 Euro Dollar has finally come to an interesting moment on the border of an uptrend. Strong support still keeps the price inside the channel, but I propose to analyse the situation in more detail. The EMA lines were crossed on the Weekly, Daily, 4-Hour and Hourly charts, which is a… Continue reading EUR/USD has finally come to an interesting moment
EUR/USD trading talks July 06 Euro US Dollar is trying to break below 1.08400 for the third time, which gives reason to consider this level as a key support and the main marker level to determine further fall to EMA 100 and EMA 200 on the daily chart, which are now at 1.08100 and 1.07250.… Continue reading EUR/USD is trying to break below 1.08400 level
EUR/USD trading talks June 22 EUR/USD once again reached 1.10350, which is a key resistance and may be a key level for the formation of a Head and Shoulders pattern. In case of considering the weekly chart as a basis for medium-term analysis, the price reaches the EMA of 200 and does not dare to… Continue reading Euro Dollar ready for further decline
EUR/USD trading talks May 30 Euro / US Dollar after almost a month, since the beginning of May, reached the level of 1.07000 after falling from the top of 1.10900. In this forecast I considered the fall option, which has been implemented. I do not pretend to be an accurate forecast this time, as it… Continue reading EUR/USD has support and may start a correction
GBP/JPY trading talks May 25 GBP/JPY is once again reaching the resistance of 172.800 and in my opinion does not have strong priorities for further growth for a while. The current area of resistance puts strong pressure on the market and during May this level was not passed. I will consider this level as a… Continue reading GBP/JPY reaches the 172.80 resistance
EUR/USD trading talks May 05 The beginning of the new month remains without trading activity on LUX PAMM due to extreme caution associated with the current activity on the market. However, now I see a fairly clear picture on the Euro Dollar, which will quite possibly soon be turned into trading activity. Euro Dollar during… Continue reading EUR/USD may try to test the high or fall below the 1.09300
Trading analysis of recent trades GBP/JPY and USD/JPY Overview data: 5 trades for the period from April 19 to April 24. 4 trades out of 5 are profitable and closed at the take profit. 1 losing trade was closed by stop loss. Fully completed trading plan for the week and for the month: April profitability… Continue reading USD/JPY and GBP/JPY trades analysis
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