On Friday, shallow prices were seen in the US and European countries due to Easter holidays. Today, again, the European side of the holiday due to any economic data is not announced in the U.S. Resource Management Institute will be announced by the manufacturing Purchasing Managers Index (PMI) and Markit will come by the production Purchasing Managers Index (PMI) data may be important. In trade wars, the moderate approaches of the two countries were followed last week. Finally, at the end of the…
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SIDEWAYS PATTERNS- MONEY WAITING
Consolidation patterns have formed on the Daily and 4H Charts of some pairs over the last few days and these can be traded between Support and Resistance until the breakouts take place. Between 100 and 200 pips can be easily taken, making strong contributions to a traders´profitability.
On the 4H Chart of the EURO CAD, a large 200 pip range has been formed. The price is currently above Resistance but a break back inside with a strong enough candlestick signal would indicate a movement back down …
On the 4H Chart of the EURO CAD, a large 200 pip range has been formed. The price is currently above Resistance but a break back inside with a strong enough candlestick signal would indicate a movement back down …
ICHIMOKU DAILY
Ichimoku 4 in 1,
01/28/2014 ,12:48 ,GMT + 2
Just remember the name of all lines of Ichimoku
Today,01/28/2014 ,12:48 EEST(GMT+ 2)
As you can see in picture above:
1.Tenkan Sen crossed from down to up Kijun Sen;
2.Chikou Span is up(above the price) :
3.The price is above the Cloud(Kumo)
And on 4H chart :
1.Chikou Span is up ;
2.Price is up the Kumo ;
3.Tenkan Sen is above the Kijun Sen
Details about Ichimoku here :
The Art of Ichimoku
01/28/2014 ,12:48 ,GMT + 2
Just remember the name of all lines of Ichimoku
Today,01/28/2014 ,12:48 EEST(GMT+ 2)
As you can see in picture above:
1.Tenkan Sen crossed from down to up Kijun Sen;
2.Chikou Span is up(above the price) :
3.The price is above the Cloud(Kumo)
And on 4H chart :
1.Chikou Span is up ;
2.Price is up the Kumo ;
3.Tenkan Sen is above the Kijun Sen
Details about Ichimoku here :
The Art of Ichimoku
XAU/USD
The GOLD finish my ABC sell pattern and touch the resistance about (C point) about 1480.20 in conjunction with 50% of Fibonacci retracement Now i aspect the return in area 1336.50 and then a small return about 1370/80 to continue the downtrend and break down the area 1336.50 to make a new low near 1180.About the 4H chart the break down of daily pivot open the way to S1 first (1351.50) and then to 1336.50