K.I.S.S -Simple Setups from Comparic.com

EURCHF Reached the Round Level of 1.20


EURCHF reached the level of 1.20 yesterday, and today these maxims have been slightly broken. However, as can be seen in the 4-hour chart below, the round level is now a resistance that has not yet been able to be broken through...

http://comparic.com/eurchf-reached-round-level-1-20/

Analysis for Newbies – USDCHF moves in a Bullish Trend

USDCHF moves in an upward trend, which is indicated by the upward structure of highs and lows that can be seen in the daily chart below. In addition, the price quite well respects levels of support and resistance and the trend line running from the low from February this year. One can, therefore, be tempted to search for opportunities to buy after corrections. Why not from current levels?...

http://comparic.com/analysis-newbies...bullish-trend/

GOLD – A Double Top Formation

GOLD – On the Daily chart, we can observe the Double Top formation – The first top was created 25.01 and the second on 11.04 – both are in the supply zone at the level of 1365-1366. On Monday, the price broke the upward trend line (pink), which is tested today from below...

http://comparic.com/gold-double-top-formation/

Capital.com launches new educational app in next step in its commitment to responsible trading

Capital.com’s Investmate app – which is free to download – delivers an expansive range of introductory trading courses on financial instruments, derivatives and CFDs, as well as a course on understanding the risks of trading. It does this through educational content, including interactive courses, quizzes, and articles, aimed at teaching amateur traders about investment best-practices. The app suggests goals based on users’ trading experience and in addition, any financial terms that are referred to in the lessons are highlighted, giving users the opportunity to click through to a more detailed description of that term...

http://comparic.com/capital-com-laun...sible-trading/

Analysis for Newbies: EURJPY under the Trend Line

Yesterday’s decision and the statement of the ECB, as well as the conference with the participation of Mario Draghi, led to the weakening of the euro, among others in relation to dollar or yen. ..

http://comparic.com/analysis-newbies-eurjpy-trend-line/

USDMXN – Pin Bar Heralds Correction? 27/04


The US dollar to the Mexican peso past week rebounded from 17.97. The increase was so strong that the buyers easily overcome the key resistance zone 18.30, which previously acted as support...

http://comparic.com/usdmxn-pin-bar-heralds-correction/

Weekend...markets are closed so we can spend some time on education.

As I wrote on the beginning of this thread I'm a fan of Price Action and simple methods of trading - using indicators as little as possible. I invite you to study few articles describing strategies I use in my trading.

1. Trading based on EMA144 -
2. Trading Price Action + MACD – Way to Increase the Probability of Winning
3. Price Action Formations – Bearish Engulfing

Those are my primary strategies, but of course there are some PA formations which I will describe in coming weeks - H&S, Wedge, Inside Bar

USDJPY – Inside Bar and Bearish Engulfing 30/04/2018

New week new chances, let's start it with a good trade. I found on charts an interesting layout on USDJPY. There we have two PA formations at one time- Inside Bar and Bearish Engulfing which is one of my favourites (look at recent post #267) ...

http://comparic.com/usdjpy-inside-ba...fing-30042018/

Don't hesitate to comment if you have any questions regarding this analysis.

Cryptotrading – Analysis of the most popular coins #WEEKLY, 30 April

BTC, ETH, Litecoin

http://comparic.com/cryptotrading-an...ekly-30-april/

GOLD – Testing Important Key Level -01/05/2018

The GOLD, which we analysed a few days ago, on the last day of the current month again tested the key support within 1307.00. This area is extremely important as it prevents sellers from further expansion lasting from the beginning of this year...

http://comparic.com/gold-testing-imp...evel-01052018/

EURAUD – A time for Correction ? – 02/05/2018

The EURAUD increased by 2,600 pips within 15 months, and from July 2017 we can draw a clear bullish channel in which the quotations of this instrument are located. A week ago, the day candle had a shape of a bearish pinbar and since then we observe declines, so far not very dynamic...

http://comparic.com/euraud-time-correction-02052018/

USDJPY – Chance for Declines – PA+MACD 04/05/2018


http://comparic.com/usdjpy-chance-de...macd-04052018/

Analysis for Newbies: EURCHF – Time to Breakout from Consolidation?

EURCHF in the second half of last month reached the round level of 1.20, which I mentioned in the analysis on 20th April. As can be seen on the daily chart below, from now on the pair remains in consolidation, and last week it reached the support provided by the upward trend line running from the minimum of March this year...


http://comparic.com/analysis-newbies...consolidation/

GBPUSD – Time for Correction ? – 08/05/2018

GBPUSD – popular cable for more than 18 months is moving in an upward trend. Maximum from 25.01 and 17.04 formed on the chart at level 1.4380 Price Action formation – Double Top, which initiated recent decreases. As a result of quite intense declines, the pair reached last Friday (04.05) the trend line extended from the low of June 2017, reaching the minimum of the current month at 1.3885. Today we see the first signs of a change in moods and the price is slowly turning back...

http://comparic.com/gbpusd-time-correction-08052018/

GOLD – Another Attack on Support

GOLD at the beginning of the current week again reached the key support – bottom of range area within $ 1304. There, as can be seen on the daily chart below, again occured demand and a slight rebound was seen...

http://comparic.com/gold-another-attack-support/

GBPUSD – Inside Bar and what next ?

I analyzed GBPUSD two days ago, pointing to Double Top Price Action formation and subsequent declines. Today, it is worth paying attention to the next formation created on the chart. GBPUSD is currently in an Inside Bar formation created by a nearly 100p candle from 04.05 and its range is the zone between 1.3585-1.3485. It is true that yesterday there was an attempt to break in the morning – up and in the afternoon – down, but ended in failure, because the quotes closed back in its range at 1.3545. When trying to break down, the upward trend line from the minimum of June 2017 (blue dotted) has stood in the way...

http://comparic.com/gbpusd/

NZDUSD – On the Trend Line – 10/05

NZDUSD has been dynamically moving south since mid-April. At that time, the declines reached nearly 450 pips. After today’s overnight decision of the RBNZ bank to keep interest rates at 1.75%, declines deepened by another 50p, reaching the downward trend line extended from the 27.07.17 high, setting a minimum at 0.6898 at the opening of today’s European session...

http://comparic.com/nzdusd-trend-line-1005/

Cryptotrading – Analysis of the most popular Cryptocurrencies, 10th May

DASH, EOS

http://comparic.com/cryptotrading-an...es-10th-may-2/

USDJPY – In a bullish channel – 11th May

USDJPY – Last Friday I analyzed this pair predicting declines, which turned out to be quite limited, as they amounted to only 50 pips. When the pair reached the bottom of the channel in which it is moving since March this year, there was demand and the price went north again. Today, the pair reached a maximum of 110.01, which is only 2 pips lower than the previous high from 02.05. If we consider these two peaks as a double top formation, we can expect declines...

http://comparic.com/usdjpy-1105-2/

Analysis for Newbies: USDCHF – Consolidation on Key Resistance -11/05/2018

USDCHF reached this week key resistance zone around 1.0030, where the highs from the second half of last year were located. The price has arrived there on Monday and has been in consolidation since then...

http://comparic.com/analysis-newbies...ance-11052018/