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- FxPositive replied Jan 15, 2015
Thank you SNB!!! url
- FxPositive replied Oct 8, 2014
=== Forex Trading Signals Week 41 (06-10 Oct) === === EURUSD massive bullish cypher === Long EURUSD 1.2460-70 SL below 1.2400 TP 1.2700 Click like to see chart url
- FxPositive replied Oct 5, 2014
How the mighty has fallen!! From the lofty heights at 1.7200 to the current levels of 1.6000. A fall of 1200 pips within 3-4 months. There could be a technical rebound around 1.5720-30. This is the 61.8% FIB retracement level and also a prior ...
- FxPositive replied Sep 1, 2014
=== Forex Trading Signals Week 36 (01-05 Sept) === === EURJPY battling it out for right shoulder === Long EURJPY 136.00-10 SL 135.50 TP 138.00 Click here to see chart. url
- FxPositive replied Jun 29, 2014
NZDUSD is approaching its ALL TIME HIGH 0.8840, set in Aug 2011. I think its going to be hard to break above this level, at least on its first attempt. Short NZDUSD 0.8830-40 SL above 0.8880 TP1 0.8670 TP2 0.8400 image
- FxPositive replied May 23, 2014
Forex Trading Technical Analysis: EURUSD moving to next support zone Watch EURUSD price action carefully. A break below current support zone 1.3630-50, could send EURUSD lower to the next support zone around 1.3500. 2 ways to trade this. A) ...
- FxPositive replied May 2, 2014
Strong support at this area. Long GBPUSD 1.6820-40 SL below 1.6800 TP 1.6990 image
- FxPositive replied Apr 7, 2014
XAUUSD gold is consolidating within a wide $260 range. With gold this week at $1300, its currently in the middle of the range from $1180 to $1440. Price action suggests a possible double or triple bottom. No strong directional opinion as gold is ...
- FxPositive replied Mar 16, 2014
On the very large time frame, we see a very nice rising channel in GBPJPY. image I would like to enter long in anticipation of price touching point 3. Where would be a good place to enter long? Harmonics might hold the key. image LONG GBPJPY ...
- FxPositive replied Mar 3, 2014
Bullish bat detected on USDCAD 1hr chart. Long USDCAD 1.0940-50 SL 50pips TP 1.1200 image
- FxPositive replied Mar 2, 2014
On the weekly chart, I see 2 conflicting views. There is the down trendline in red, and also the up trendline in green. Which trendline shall prevail? My inclination is for the down trendline to hold EURUSD. image There is a bearish bat harmonic ...
- FxPositive replied Feb 23, 2014
On the larger 4hr timeframe chart, I see two things happening. First, there is a potential head & shoulders pattern forming. Second, the neckline of the H&S pattern is exactly at a major pivotal support/resistance zone of 1.5000. Based on this ...
- FxPositive replied Feb 11, 2014
On the bigger timeframe, a potential head and shoulders bearish pattern is forming. In the present moment, GBPUSD is forming the right shoulder. The price action in week 07 and week 08 should determine the validity of the right shoulder. image If ...
- FxPositive replied Jan 29, 2014
Trading RBNZ rate statement 140129 WED 2000GMT 1 hour after the FOMC statement, RBNZ is announcing their official cash rate and rate statement. RBNZ is widely expected to raise interest rates sometime in March/April. However, there is a small 20-30% ...
- FxPositive replied Jan 29, 2014
Trading FOMC statement 140129 WED 1900GMT The FED should be announcing another round of $10B taper of QE. This is a bullish USD move. Large volatility is expected. Remember to manage your position size accordingly. 2 ways to play this move. A) Short ...
- FxPositive replied Jan 22, 2014
For the time being, USDJPY is temporary stalling at the 61.8% FIB retracement. image Strategy is to buy on breakout above 105.50. image
- FxPositive replied Jan 15, 2014
This is a promising trade. Multiple technical indicators are lining up nicely. Although there are no 100% certainties in trading, it is good to see all the ducks in the same row. On the harmonic front, there is a bullish cypher pattern developing. ...
- FxPositive replied Jan 14, 2014
On the other hand, if you remain bullish on USDJPY. Look to enter long positions at completion of bullish bat harmonic pattern. LONG USDJPY 102.0 SL 40-50pips TP 104.00 image
- FxPositive replied Jan 13, 2014
If you are bearish USDJPY, then this is a good location to go short Short USDJPY 103.80-104.00 SL 40-50pips TP 102.00 image
- FxPositive replied Jan 5, 2014
2013 is a good year for GBPUSD. A new BOE governor, Mark Carney, help to steer the ship in the right direction. The economy turn from doldrums to recovery mode. Most major UK economic indicators, including the PMIs, are on the way up. The growing UK ...